Multi-Family Income Property with Double
108 N Knob Creek Rd, Seymour, TN 37865
- Added:
- May 21, 2026
- Days on Market:
- 48
- Last Refresh:
- Jul 7 at 9:06 am
Property Features for 108 N Knob Creek Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 6, Bedroom 1
- Parking features
- Off Street
- Patio and Porch features
- Porch
- Appliances
- Dishwasher, Microwave, Refrigerator
- Standard status
- Active
- APN
- 045 152.00
- Size
- 3,417 SF
Taxes and HOA fees
- Tax Annual Amount
- 614
Utilities
- Heating system
- Electric (Heating), Central, Natural Gas
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 1960
- Number of units
- 3
- Flooring type
- Tile, Carpet, Laminate, Parquet Wood, Vinyl, Hardwood
- Building materials
- Vinyl Siding, Brick, Frame
- Roof type
- Asphalt
Listing agent Dustin R Weaver (865) 382-4921
Listing office Keller Williams Realty 8550 Kingston Pike, Knoxville, TN (865) 694-5904
Listing date May 21, 2026
MLS# 1341830
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
- 3 potential income‑producing units on one property at 104 & 108 N Knob Creek Rd in Seymour
- Brick home has kitchens on both main level and basement for flexible living or rental setup
- Brick property is equipped with 2 electrical meters, 1 water meter, and 2 septic tanks
- Double wide home has its own water meter, electric meter, and separate septic system
- Off‑street parking, asphalt roof, and 1960 construction with vinyl siding, brick, and frame materials
- Central air and central heating, plus appliances including dishwasher, microwave, and refrigerator
Overview
This for-sale multi-family income property consists of two separate homes on the same overall offering: a brick home and an additional double wide. The brick home has a kitchen on the main level and another kitchen in the basement, creating a flexible multi-unit setup. Utilities for the brick portion include two electrical meters and one water meter, along with two septic tanks. The double wide has its own water meter, electric meter, and a separate septic system, supporting another separately serviced income opportunity.
The property is located in Seymour, TN, and the listing references 104 and 108 N Knob Creek Rd as part of the combined offering. The brick home is described as needing some work, primarily in the basement unit, and the condition is reflected in the listing positioning.
For tenants, buyers, or operators looking for a multi-unit residential income strategy, the property’s two-structure configuration and separate utility metering are practical considerations. The brick home’s main-level and basement kitchens can support varied living arrangements or rental layouts, while the double wide’s independent utilities and septic system help distinguish its operational footprint. This is best suited for those comfortable underwriting needed repairs and managing a property with multiple income-producing possibilities.
The property is located in Seymour, TN, and the listing references 104 and 108 N Knob Creek Rd as part of the combined offering. The brick home is described as needing some work, primarily in the basement unit, and the condition is reflected in the listing positioning.
For tenants, buyers, or operators looking for a multi-unit residential income strategy, the property’s two-structure configuration and separate utility metering are practical considerations. The brick home’s main-level and basement kitchens can support varied living arrangements or rental layouts, while the double wide’s independent utilities and septic system help distinguish its operational footprint. This is best suited for those comfortable underwriting needed repairs and managing a property with multiple income-producing possibilities.
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 | $51.3k | $15.00 |
| − Vacancy | −$5.1k | −$1.50 |
| EGI | $46.1k | $13.50 |
| − OpEx | −$20.8k | −$6.08 |
| NOI | $25.4k | $7.43 |
3,417 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 45.00%
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 local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Seymour
- County
- Sevier
- State
- Tennessee
- Longitude
- -83.761268
- Latitude
- 35.868247
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Two-structure income property with separate utilities for multiple units, including a brick home and a double wide.
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: 3 potential income‑producing units on one property at 104 & 108 N Knob Creek Rd in Seymour; Brick home has kitchens on both main level and basement for flexible living or rental setup; Brick property is equipped with 2 electrical meters, 1 water meter, and 2 septic tanks
