605 Gill Ave Knoxville, TN 37917

This property offers a unique blend of historic charm and modern convenience, located in one of Knoxville's most desirable districts. Whether you're a seasoned investor or looking to start your portfolio, 605 Gill Avenue provides an excellent opportunity to own a piece of Knoxville's history while generating steady rental income. Property Overview: Historic 4th and Gill District, near Downtown Knoxville 4 Plex | 3,164 sq ft (2) Downstairs units: 1-Bed 1 bath Unit 1 - 12 mo lease $1000 Unit 2 - 12 mo lease $1500 w/d connection (2) Upstairs units: 1 bed 1 bath share an upstairs Balcony Unit 3 - 12 mo lease $1250 Unit 4- 12 mo lease $1250 Convenient parking options include Off-Street Parking, On-Premise Parking, and On-Street Parking. Plenty of room to create a parking pad in the rear of the property. Roof is 14 years old. Owner has replaced water heaters and AC units in 2023. Estimated improvements needed about $25K Owner selling because he has 3 commercial projects in 2025..