Triplex Property with Separate
For Sale
$339,900
Pending
108 N Knob Creek Rd, Seymour, TN 37865
Multi-Family, Seymour, TN
Property Size3,417 SF
Days on Market143
Property Features for 108 N Knob Creek Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2
Parking features
Off Street
Patio and Porch features
Porch
Appliances
Dishwasher, Microwave, Refrigerator
Elementary school
Seymour Intermediate
Middle school
Seymour
High school
Seymour
Directions
Take Suburban Rd to Bridgewater Rd 29 sec (295 ft) Follow I-40 E and US-441 S to N Knob Creek Rd in Seymour 32 min (21.7 mi) Turn left onto N Knob Creek Rd
Subdivision
Sevier County - 27
Standard status
Pending
APN
045 152.00
Size
3,417 SF
Taxes and HOA fees
Tax Annual Amount
614
Utilities
Heating system
Central, Natural Gas, Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air
Building Details
Year built
1960
Number of units
3
Flooring type
Vinyl, Laminate, Tile, Carpet, Hardwood, Parquet Wood
Building materials
Vinyl Siding, Brick, Frame
Roof type
Asphalt
Listing Agency:
Keller Williams Realty
(865) 694-5904
Listed By:
Dustin R Weaver
(865) 382-4921
Added: May 21
Changed: Oct 8
Last Checked: Oct 10 at 3:06AM
MLS# 1341830
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 triplex property at 108 N Knob Creek Rd includes a brick house and a separate double-wide home arranged across one parcel. The brick residence has kitchens on both the main floor and basement level, creating three potential residential income units in total. The property contains 3,417 square feet and was built in 1960, with off-street parking and a porch.
Utility infrastructure is divided among the improvements. The brick house has two electrical meters, one water meter, and two septic tanks, while the double-wide has its own electric meter, water meter, and septic system. The property needs work, with the primary repairs identified in the basement unit. Existing features include central heating and cooling, natural gas and electric heating, multiple flooring types, and a mix of brick, vinyl siding, and frame construction.
Utility infrastructure is divided among the improvements. The brick house has two electrical meters, one water meter, and two septic tanks, while the double-wide has its own electric meter, water meter, and septic system. The property needs work, with the primary repairs identified in the basement unit. Existing features include central heating and cooling, natural gas and electric heating, multiple flooring types, and a mix of brick, vinyl siding, and frame construction.
Key Highlights
- Three potential income‑producing units across a brick home and separate double‑wide
- 3,417 square feet on one property
- Brick home includes kitchens on both the main level and basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,371
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,420
$507.4K
Cap Rate 7%
$362,443
$362.4K
Cap Rate 9%
$281,900
$281.9K
Market Conditions
NOI Build-Up for 3,417 SF
Gross rent
$51.3K $15.00/SF
− Vacancy
−$5.1K −$1.50/SF
EGI
$46.1K $13.50/SF
− OpEx
−$20.8K −$6.08/SF
NOI
$25.4K $7.43/SF
Area
Sevier County, TN
Vacancy
10.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,420
Cap Rate 7%
$362,443
Cap Rate 9%
$281,900
Alternative Uses
Best Use
Apartment 5plus
$362.4K
$317.1K – $422.9K
NOI $25,371 @ 7.0% cap · market cap 7.46%
Second Best
Multifamily LT 5
$266.4K
$233.1K – $310.8K
NOI $18,645 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,870 @ 7.0% cap · market cap 29.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
Explore this area
Business Placement
Demographics for 37865, TN
22,567
Population
10,329
Households
2.2
Avg Household Size
44
Median Age
23%
College-Educated
93%
High-School Grad
73.3 sq mi
ZIP Area
308
Density / Sq Mi
$88,410
Median Household Income
$43,269
Median Earnings
$1,351
Median Rent
$276,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential income property with a brick home, basement kitchen, and detached double-wide residence.
Where is this triplex located?
The property is located at 108 N Knob Creek Rd Seymour, TN.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Three potential income‑producing units across a brick home and separate double‑wide; 3,417 square feet on one property; Brick home includes kitchens on both the main level and basement
