Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Knoxville Multifamily Investment Opportunity Title is generated by Realmo AI

    6435 Hubert Bean Rd, Knoxville, TN 37918

    View on Map
    Claim this Listing
    Pending
    $374,900

    MULTI_FAMILY - Knoxville, TN

    Property size:
    3,330 SF
    Lot size:
    2.86 Acres
    Added:
    Feb 13, 2026
    Days on Market:
    112
    Last Refresh:
    Jun 5 at 10:06 am

    Property Features for 6435 Hubert Bean Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Rooms
    Bedroom 2, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 7, Bedroom 6, Bedroom 4, Bedroom 8, Bedroom 3, Bedroom 1, Bathroom 4, Bedroom 5, Bathroom 1
    Parking features
    Off Street
    Appliances
    Range, Refrigerator, Self Cleaning Oven
    Standard status
    Pending
    APN
    048OA015
    Size
    3,330 SF
    Lot size
    2.86 Acres

    Taxes and HOA fees

    Tax Annual Amount
    421

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    2015
    Number of units
    3
    Flooring type
    Carpet, Vinyl
    Building materials
    Vinyl Siding, Aluminum Siding
    Roof type
    Shingle

    We can help!

    Listing Contact
    Dustin Humphrey

    Listing agent Dustin Humphrey

    Listing office King Real Estate Services,Inc 531 Callahan Drive Suite 102, Knoxville, TN

    Listing date Feb 13, 2026

    MLS# 1329332 Listing URL

    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

    • 2. 86 acres with 3 manufactured homes included.
    • Potential for increased rental income by raising rents to market rates.
    • Investment and expansion opportunities.
    • Additional bordering properties are available for purchase.
    • Three manufactured homes built in 2015.
    • Central heating and air conditioning.

    Overview

    This property presents investment opportunities with potential for expansion. The site consists of two parcels totaling 2.86 acres and includes 3 manufactured homes. The existing units are currently rented below market rates, suggesting an opportunity to increase rental income to align with the current market. The property offers various development possibilities. Bordering properties are also available for purchase. The property contains 3,330 square feet of space. Buyer to verify all information. The property is located in Knoxville, TN.

    Local Financial Insights For Apartment 5plus

    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 $58.7k $17.64
    − Vacancy −$4.4k −$1.32
    EGI $54.3k $16.32
    − OpEx −$24.5k −$7.34
    NOI $29.9k $8.97
    3,330 SF · lease $17.64/SF/yr · vacancy 7.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $426.9K
    $373.6K – $498.1K (±1% cap)
    NOI $29,885 @ 7.0% cap · market cap 7.97%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $824.8K
    $721.7K – $962.2K (±1% cap)
    NOI $57,734 @ 7.0% cap · market cap 15.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Auto Repair Shop Pharmacy Auto Parts Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.945424
    Latitude
    36.050262

    Nearby Similar for Sale

    • $415,000
      7,374 SF

      Knoxville Redevelopment Opportunity

      Two-story commercial building in a rapidly growing community.
      315 Ogle Ave, Knoxville, TN 37920
      View Details
    • $595,000
      4,727 SF

      Occupied 4-Plex with Storage Basement

      Fully occupied four-unit property with month-to-month leases, on-site parking, and washer/dryer hookups in each unit.
      2828 NE Colt Drive, Knoxville, TN 37918
      View Details
    • $595,000
      4,773 SF

      Fully Occupied 4-Plex Investment

      A fully leased four-unit property with in-unit laundry hookups and separate utility/laundry rooms at the rear.
      2816 NE Colt Drive, Knoxville, TN 37918
      View Details
    • $504,000
      3,618 SF

      Five-Unit Multifamily Investment Opportunity

      Five-unit rental property near Downtown and University of Tennessee.
      600 Radford Place, Knoxville, TN 37917
      View Details
    • $2,500,000
      4,692 SF

      Established Auto Repair Business For Sale

      Profitable, recession-resistant auto repair franchise with real estate included.
      5327 Clinton Highway, Knoxville, TN 37912
      View Details
    • $795,000
      5,608 SF

      Charming Historic Fourth & Gill 4-Plex

      Spacious 4-unit property with original charm in historic neighborhood.
      903 Luttrell St, Knoxville, TN 37917
      View Details
    • $1,774,950
      8,514 SF

      Two-Building Multifamily with Furnished Units

      Twelve-unit multifamily on one deeded lot with furnished units and separate HVAC, offering flexible rental terms under RN4.
      1412-1418 Armstrong Ave, Knoxville, TN 37917
      View Details
    • $549,900
      2,428 SF

      Duplex with Separate Driveways

      Nearly new duplex with separate driveways, modern interiors, one leased unit and one vacant unit on commercially zoned land.
      123/125 S Chestnut St, Knoxville, TN 37914
      View Details
    • $400,000
      2,682 SF

      Three-Unit Residential Income Property

      Three rental units with recent interior updates are offered in as-is condition for an owner-occupant or investor.
      2703 Bridalwood Drive, Knoxville, TN 37917
      View Details
    • $2,400
      3,360 SF

      Knoxville Commercial Service Center

      Three-bay service center available for lease in Knoxville, TN.
      Knoxville, TN 37917
      View Details
    • $1,995,000
      3,612 SF

      Hardee's NNN Lease Investment

      Corporate Hardee’s NNN lease with ±5 years remaining.
      7762 Oak Ridge Hwy, Knoxville, TN 37931
      View Details
    • $499,900
      1,859 SF

      Knoxville Multifamily Investment Opportunity

      Two homes on 2.8 acres, income potential in South Knoxville.
      1422 Tipton Station Rd, Knoxville, TN 37920
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - 2.86 acres with 3 manufactured homes, expansion potential.
    Where is this mobile home & rv park located?
    The property is located at 6435 Hubert Bean Rd Knoxville, TN.
    What is the asking price?
    The asking price for this property is $374,900.
    What are key features of this property?
    This property features: 2. 86 acres with **3 manufactured homes included**.; Potential for increased rental income by raising rents to market rates.; Investment and expansion opportunities.
    (865) 964-6455
    We can help!
    Listing Contact
    Dustin Humphrey
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6435 Hubert Bean Rd, Knoxville, TN 37918
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!