7003 Old Clinton Pike Knoxville, TN 37921
MULTI_FAMILY - Knoxville, TN
Property size:
2,688 SFLot size:
0.40 AcresPrice / SF:
$214/SF- Added:
- Dec 3, 2025
- Days on Market:
- 150
- Last Refresh:
- May 2 at 7:06 pm
Property Features for 7003 Old Clinton Pike
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 2, Bathroom 4, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 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
- Tax Annual Amount
- 1375
Utilities
- Utilities
- Cable Available
- Heating system
- Heat Pump (Heating), Electric (Heating), Central
- Cooling system
- Central Air
Building Details
- Year built
- 1981
- Number of units
- 4
- Flooring type
- Carpet, Tile, Laminate
- 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 Knoxville shopping and dining district. Each of the four units includes one bedroom and one bathroom, with approximately 672 square feet of living space, a private entrance, and designated parking. Two of the units have been extensively renovated with granite countertops, updated appliances, new flooring, and fresh paint. The other two units have been recently updated with 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 projecting a gross income of $50,400 starting in June 2026. The property has a low operating expense structure of approximately $6,000 to $7,000 annually, including property taxes of $1,375. The stabilized net operating income is approximately $37,000+, with a 6%-7%+ return potential for an owner-operator. The property is located minutes from I-75, shopping, dining, healthcare, parks, and schools, in an area that supports strong rental demand. The lot size is 0.4 acres, and the property size is 2,688 square feet.
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 $577,000.
What are key features of this property?
This property features: Turnkey 4‑unit investment property in a prime Knoxville location with strong rental demand.; Stabilized Net Operating Income (NOI) of approximately $37,000+ with 6%-7%+ return potential.; Projected gross income of $50,400 starting June 2026 due to scheduled rent increases.
