605 Gill Ave Knoxville, TN 37917
Fourplex in historic district near downtown Knoxville with steady income.
Type:Multifamily
Property size:
3,164 SF- Added:
- Aug 26, 2024
- Days on Market:
- 601
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 605 Gill Ave
General Information
- Standard status
- Active
- Size
- 3,164 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1910
Listing agent Shawn King License #357087
Listing office United Real Estate Solutions
Listing date Aug 26, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate Solutions
Overview
Historic Knoxville Fourplex Investment Opportunity
Located in Knoxville's 4th and Gill District, near Downtown Knoxville, this property offers a blend of historic charm and modern convenience. The property is a fourplex with a total area of 3,164 square feet. It features four units, each with one bedroom and one bathroom. The two downstairs units are currently leased for 12 months at $1000 and $1500 respectively, with one unit having a washer and dryer connection. The two upstairs units share an upstairs balcony and are leased for 12 months at $1250 each. Parking options include off-street, on-premise, and on-street parking, with room to create a parking pad in the rear of the property. The roof is 14 years old. The water heaters and AC units were replaced in 2023. The owner estimates that approximately $25,000 in improvements are needed. The owner is selling due to having three commercial projects planned for 2025.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Knoxville
- County
- Knox
- State
- Tennessee
- Longitude
- -83.919533
- Latitude
- 35.979526
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fourplex in historic district near downtown Knoxville with steady income.
Where is this quadplex located?
The property is located at 605 Gill Ave Knoxville, TN.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Located in the highly desirable Historic 4th and Gill District near Downtown Knoxville.; Four‑unit (4‑Plex) property generating steady rental income.; Total of 3,164 sq ft with a mix of 1‑bed, 1‑bath units.
