4-Unit
New
For Sale
$699,900
9105 Woodpark Lane, Knoxville, TN 37923
Multi-Family, Knoxville, TN
Property Size5,656 SF
Lot Size0.25 Acres
Price / SF$123.74
Days on Market1
Property Features for 9105 Woodpark Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
10
Full bathrooms
8
Rooms
Bedroom 5, Bedroom 7, Bathroom 5, Bathroom 4, Bedroom 4, Bedroom 10, Bathroom 6, Bathroom 7, Bathroom 3, Bedroom 9, Bedroom 6, Bedroom 3, Bedroom 8, Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 8, Bedroom 1
Parking features
Off Street
Patio and Porch features
Patio
Interior features
Walk-In Closet(s)
Exterior features
Windows - Vinyl
Subdivision
Creekwood Sub Unit 1
Elementary school
Cedar Bluff Primary
Middle school
Cedar Bluff
High school
Hardin Valley Academy
Directions
I-40 W Cedar Bluff exit 378B for Executive Park Drive toward Cedar Bluff Rd N. Continue onto Park Village Rd to Rt onto Woodpark Lane NW to property on left.
Standard status
Active
APN
119GA011
Size
5,656 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Annual Amount
2637
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air
Building Details
Year built
1978
Number of units
4
Flooring type
Carpet, Laminate
Building materials
Vinyl Siding, Frame
Roof type
Asphalt
Listing Agency:
Elite Realty
Listed By:
Tausha Price
(865) 947-5000
Added: Oct 20
Last Checked: Oct 20 at 6:06PM
MLS# 1359485
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.
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Investment Insights
Based on property information with market context.
This 5,656-square-foot quadplex at 9105 Woodpark Lane contains four residences: two with 2 bedrooms and 2 bathrooms, and two with 3 bedrooms and 2.5 bathrooms. The property was built in 1978 and has had recent renovations and updates. Interior features include walk-in closets, carpet and laminate flooring, central electric heat, and central air. Vinyl siding and windows, asphalt roofing, patios, and off-street parking are also present.
The 0.25-acre property is in Knoxville’s Creekwood Subdivision, just off Cedar Bluff Road. Shopping, dining, major employers, and interstate connections are identified as accessible from the area. All four residences are occupied.
The 0.25-acre property is in Knoxville’s Creekwood Subdivision, just off Cedar Bluff Road. Shopping, dining, major employers, and interstate connections are identified as accessible from the area. All four residences are occupied.
Key Highlights
- Four units totaling 5,656 square feet
- Unit mix: two 2‑bedroom, 2‑bath residences and two 3‑bedroom, 2.5‑bath residences
- 100% occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,160
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,103,200
$1.1M
Cap Rate 7%
$788,000
$788.0K
Cap Rate 9%
$612,889
$612.9K
Market Conditions
NOI Build-Up for 5,656 SF
Gross rent
$84.8K $15.00/SF
− Vacancy
−$6.0K −$1.07/SF
EGI
$78.8K $13.93/SF
− OpEx
−$23.6K −$4.18/SF
NOI
$55.2K $9.75/SF
Area
Knoxville, TN
Vacancy
7.12%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,103,200
Cap Rate 7%
$788,000
Cap Rate 9%
$612,889
Alternative Uses
Best Use
Multifamily LT 5
$788.0K
$689.5K – $919.3K
NOI $55,160 @ 7.0% cap · market cap 7.88%
Second Best
Apartment 5plus
$725.1K
$634.5K – $846.0K
NOI $50,759 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M
NOI $98,061 @ 7.0% cap · market cap 14.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,717
Businesses Nearby
Explore this area
Business Placement
Demographics for 37923, TN
29,705
Population
14,238
Households
2.1
Avg Household Size
37
Median Age
47%
College-Educated
93%
High-School Grad
11.1 sq mi
ZIP Area
2,676
Density / Sq Mi
$70,046
Median Household Income
$42,498
Median Earnings
$1,303
Median Rent
$292,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences offer two distinct bedroom and bathroom layouts in West Knoxville.
Where is this quadplex located?
The property is located at 9105 Woodpark Lane Knoxville, TN.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Four units totaling 5,656 square feet; Unit mix: two 2‑bedroom, 2‑bath residences and two 3‑bedroom, 2.5‑bath residences; 100% occupied
