7003 Old Clinton Pike Knoxville, TN 37921
- Added:
- Dec 3, 2025
- Days on Market:
- 119
- Last Refresh:
- Apr 1 at 4:06 am
Property Features for 7003 Old Clinton Pike
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 4
- Exterior features
- Windows - Vinyl
- Appliances
- Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
- Standard status
- Active
- APN
- 067 19801
- Size
- 2,688 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- TaxAnnualAmount
- 1375
Utilities
- Utilities
- Cable Available
- Heating system
- Electric (Heating), Heat Pump (Heating), Central
- Cooling system
- Central Air
Building Details
- Year built
- 1981
- Number of units
- 4
- Flooring type
- Tile, Laminate, Carpet
- Building materials
- Cedar, Block, Frame
- Roof type
- Asphalt
Listing agent Robin Butler (865) 693-3232
Listing office Realty Executives Associates 10255 Kingston Pike, knoxville, TN (865) 693-3232
Listing date Dec 3, 2025
MLS# 1323395
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.
Overview
Knoxville Turnkey Investment Opportunity
This four-unit property is located in a thriving shopping and dining district. Each of the four units features one bedroom and one bathroom, offering approximately 672 square feet, private entrances, and designated parking. Two units have been extensively renovated with granite countertops, updated appliances, new flooring, and fresh paint. The remaining two units offer recent updates including new flooring and paint. Major systems including HVAC and windows have been updated. Tenants are responsible for all utilities and trash service. The current gross income is $48,000 annually, with scheduled rent increases bringing projected gross income to $50,400.00 starting June 2026. The property has a low operating expense structure (annually 6K-7k, including property taxes of $1,375). The stabilized NOI is approximately $37,000+ under conservative underwriting, with a 6%-7%+ return potential for owner-operator. The property is located just minutes from I-75, shopping, dining, healthcare, parks, and schools, in an area that continues to support strong rental demand. The property size is 2688 square feet and the lot size is 0.4 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -84.033687
- Latitude
- 36.01329
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit property in a prime location with updated systems.
Where is this quadplex located?
The property is located at 7003 Old Clinton Pike Knoxville, TN.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Turnkey 4‑unit investment property in a prime Knoxville location near shopping, dining, healthcare, parks, and schools.; Projected gross income of $50,400 starting June 2026 with scheduled rent increases.; Low operating expense structure (6K‑7K annually, including property taxes of $1,375) and tenants pay all utilities and trash service.
