2703 Bridalwood Drive, Knoxville, TN 37917
MULTI_FAMILY - Knoxville, TN
- Added:
- Mar 10, 2026
- Days on Market:
- 110
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 2703 Bridalwood Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 070IH024
- Size
- 2,682 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3864
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1960
- Number of units
- 3
- Flooring type
- Carpet
- Building materials
- Vinyl Siding, Brick, Frame
- Roof type
- Shingle
Listing agent Brooke Miracle (865) 696-8089
Listing office Realty Executives Associates 10255 Kingston Pike, knoxville, TN (865) 693-3232
Listing date Mar 10, 2026
Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- As‑is condition 3‑rental‑unit property on Bridalwood Dr in Knoxville’s North Hills area
- Middle and upper units are 2 bed / 1 bath and currently rented for $1,200 per month each
- Basement unit is 1 bed / 1 bath and previously rented for $750 per month
- Property notes fresh interior paint and brand‑new carpet in the rental units
- Total potential monthly rental income listed as $3,150
- Built in 1960 with shingle roof, central air, and electric/central heating
Overview
The property is located at 2703 Bridalwood Drive in Knoxville, TN, 37917, in the North Hills area. The listing notes easy access to downtown Knoxville, local restaurants, shopping, and major roadways. Nearby schools listed include Belle Morris Elementary, Whittle Springs Middle, and Fulton High School, along with nearby outdoor recreation and parks within the Knoxville area.
For buyers seeking a multi-unit setup, the current leasing status of the middle and upper units provides immediate rental occupancy, with the basement unit representing an additional leasing opportunity per the prior rent history provided. Reported rent figures include $1,200 per month for each of the two 2-bedroom, 1-bath units and $750 per month previously for the 1-bedroom, 1-bath basement unit, for a stated total potential monthly rental income of $3,150.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.2k | $15.00 |
| − Vacancy | −$2.9k | −$1.07 |
| EGI | $37.4k | $13.93 |
| − OpEx | −$11.2k | −$4.18 |
| NOI | $26.2k | $9.75 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -83.906016
- Latitude
- 36.006033
