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    8122 NW Elderberry Dr Knoxville, TN 37919

    Sponsored
    For Sale
    $1,549,999

    MULTI_FAMILY - Knoxville, TN

    Property size:
    8,584 SF
    Days on Market:
    109
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 8122 NW Elderberry Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    120OA023
    Parking features
    Off Street
    Exterior features
    Windows - Vinyl
    Size
    8,584 SF

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Number of units
    8
    Flooring type
    Carpet, Laminate
    Building materials
    Brick, Block
    Roof type
    Asphalt

    Southland Brokers (865) 235-8655 [email protected]

    Listing agent Raj Cheema (865) 694-6111

    Listing date Sep 19, 2025

    MLS# 1244528 Listing URL

    Copyright © 2025 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 Multifamily Property with Eight Units

    This multifamily property in Knoxville, TN, features eight units constructed in 2006. The property includes seven units with two bedrooms and two bathrooms, and one unit with one bedroom and one bathroom. The units are equipped with amenities such as stoves, refrigerators, dishwashers, central HVAC, and washer/dryer connections. Situated on a large corner lot off Gleason Road at Downtown West, the complex offers convenient access to West Town Mall, Deane Hill shopping center, and various dining options. Residents can also enjoy outdoor activities at nearby Lakeshore Park.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brownstone Apartments Apartment Building

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -84.046602
    Latitude
    35.917255

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property featuring eight units built in 2006, Knoxville, TN.
    Where is this apartment building located?
    The property is located at 8122 NW Elderberry Dr Knoxville, TN.
    What is the asking price?
    The asking price for this property is $1,549,999.
    What are key features of this property?
    This property features: - Prime location near Gleason Road at Downtown West, offering convenient access to amenities.; - **Majority of units (7 out of 8) are spacious 2-bedroom, 2-bathroom configurations.**; - Built in 2006, indicating relatively modern construction and features.
    (865) 466-7240
    Request Owner's contact information
    8122 NW Elderberry Dr Knoxville, TN 37919
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    Knoxville, TN 37919
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    Realmo Value Estimation

    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.

    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.

    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
    8122 NW Elderberry Dr Knoxville, TN 37919
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