Renovated Income Property with Pickleball
For Sale
$750,000
814 Midway Rd, Strawberry Plains, TN 37871
Multi-Family, Strawberry Plains, TN
Property Size4,280 SF
Lot Size1.70 Acres
Price / SF$175.23
Days on Market79
Property Features for 814 Midway Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Full bathrooms
5
Rooms
Bedroom 12, Bedroom 5, Bedroom 9, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 10, Bedroom 11, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 8, Bedroom 6, Bathroom 4, Bedroom 2
Parking features
Carport
Patio and Porch features
Patio
Interior features
Walk-In Closet(s), Pantry
Exterior features
Balcony
Appliances
Range, Refrigerator
Elementary school
Carter
Middle school
Carter
High school
Carter
Directions
From downtown Knoxville take I-40 E to exit 402 Midway Rd , Turn left onto Midway Road, property on right. No sign on property.
Subdivision
Knox County - 1
Standard status
Active
APN
074 10201
Size
4,280 SF
Lot size
1.70 Acres
Taxes and HOA fees
Tax Annual Amount
1969
Utilities
Utilities
Cable Available
Heating system
Electric (Heating), Central
Cooling system
Central Air
Building Details
Year built
1967
Number of units
5
Flooring type
Laminate
Building materials
Steel, Stone, Vinyl Siding, Brick
Roof type
Metal
Listing Agency:
Wallace Jennifer Scates Group
(865) 253-7889
Listed By:
Jennifer Scates · License #334295
(404) 403-9855
Added: Jun 7
Changed: Aug 19
Last Checked: Aug 24 at 3:06AM
MLS# 1343794
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.
Investment Insights
Based on property information with market context.
This property consists of five total rental units on 1.7 unrestricted acres. The 3,600-square-foot fourplex includes four units: three units with 2 bedrooms and 1 bathroom, and one unit with 1 bedroom and 1 bathroom. Each unit features a private porch, and the community includes an on-site coin-operated laundry facility. A durable metal roof is described as being five years old, and there is an 8x12 storage shed associated with the fourplex.
Also on the site is a separate 680-square-foot single-family residence with 2 bedrooms and 1 bathroom, plus a laundry room, carport, and recent renovations throughout. A brand-new 10x14 storage shed is located next to the home. Tenants and owners benefit from a custom-built pickleball court on-site. All units are currently leased.
The combined mix of a fully renovated fourplex and an additional single-family home can appeal to buyers looking for a multi-unit configuration with a separate residence. Location is described as approximately 20 minutes from Knoxville, 15 minutes from Sevierville, and 30 minutes from Gatlinburg, with shopping, dining, entertainment, and interstate access nearby. The property’s existing improvements, including private porches and on-site laundry, support straightforward day-to-day operations for an owner-operator or investor.
Also on the site is a separate 680-square-foot single-family residence with 2 bedrooms and 1 bathroom, plus a laundry room, carport, and recent renovations throughout. A brand-new 10x14 storage shed is located next to the home. Tenants and owners benefit from a custom-built pickleball court on-site. All units are currently leased.
The combined mix of a fully renovated fourplex and an additional single-family home can appeal to buyers looking for a multi-unit configuration with a separate residence. Location is described as approximately 20 minutes from Knoxville, 15 minutes from Sevierville, and 30 minutes from Gatlinburg, with shopping, dining, entertainment, and interstate access nearby. The property’s existing improvements, including private porches and on-site laundry, support straightforward day-to-day operations for an owner-operator or investor.
Key Highlights
- 5 rental units on 1.7 unrestricted acres: a 3,600 SF four‑plex plus a separate 680 SF single‑family home
- Four‑plex includes four units (approx. 900 SF each): three 2BD/1BA units and one 1BD/1BA unit
- All units are currently leased; income‑producing property with on‑site laundry in the four‑plex (coin‑operated facility)
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 37871, TN
9,245
Population
3,621
Households
2.6
Avg Household Size
43
Median Age
14%
College-Educated
90%
High-School Grad
39.1 sq mi
ZIP Area
236
Density / Sq Mi
$73,102
Median Household Income
$41,042
Median Earnings
$803
Median Rent
$190,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Five fully renovated rental units on 1.7 unrestricted acres, including a 4-plex and separate single-family home.
Where is this quadplex located?
The property is located at 814 Midway Rd Strawberry Plains, TN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5 rental units on 1.7 unrestricted acres: a 3,600 SF four‑plex plus a separate 680 SF single‑family home; Four‑plex includes four units (approx. 900 SF each): three 2BD/1BA units and one 1BD/1BA unit; All units are currently leased; income‑producing property with on‑site laundry in the four‑plex (coin‑operated facility)
