903 Luttrell St, Knoxville, TN 37917
MULTI_FAMILY - Knoxville, TN
- Added:
- Feb 20, 2026
- Days on Market:
- 116
- Last Refresh:
- Jun 16 at 10:06 pm
Property Features for 903 Luttrell St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Rooms
- Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 4, Bedroom 8, Bedroom 5, Bedroom 1
- Parking features
- On Street
- Patio and Porch features
- Porch
- Exterior features
- Balcony
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 081MN011
- Size
- 5,608 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9557
Utilities
- Heating system
- Electric (Heating), Central, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1920
- Number of units
- 4
- Flooring type
- Hardwood, Tile
- Building materials
- Frame
- Roof type
- Composition
Listing agent Solange Velas (865) 444-3241
Listing office Goldman Partners Realty, LLC 1017 N Broadway, Knoxville, TN (865) 444-3240
Listing date Feb 20, 2026
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
- 4‑plex on a corner lot in Historic Fourth & Gill; first time on market since 2006
- Built in 1920 with original features including hardwood floors, high ceilings, and wood bannisters/doors
- Spacious unit sizes with average over 1,200 sq ft, plus plenty of storage
- Two upstairs units have private staircases and covered balconies with rear access to the backyard
- All units have central HVAC; interiors have been upgraded over time
- Flooring includes hardwood and tile; roof is composition; parking is on‑street
Overview
Local Financial Insights For Multifamily LT 5
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 | $84.1k | $15.00 |
| − Vacancy | −$6.0k | −$1.07 |
| EGI | $78.1k | $13.93 |
| − OpEx | −$23.4k | −$4.18 |
| NOI | $54.7k | $9.75 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -83.921402
- Latitude
- 35.979552
