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Property profile

8122 NW Elderberry Dr Knoxville, TN 37919

FOR SALE
Residential income homes
Property ID
US80-3124569
8,584 SF 0.39 ac lot Built 2006
Last sale Oct 2019 · $837,500
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Constructed in 2006, the property is an apartment building with 8 total residential units arranged as seven 2-bedroom, 2-bath units and one 2-bedroom, 1-bath unit. The buildings sit on a large corner lot and each unit is configured with a stove, refrigerator, dishwasher, central HVAC, and washer/dryer hookups. The property is located just off Gleason Road in the Downtown West area, near West Town Mall and Deane Hill shopping center, with proximity to dining and Lakeshore Park, a 200-acre park used for outdoor recreation.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$236k
Effective rate3.71%

Value estimate

· Oct 2026
$910k
$819k – $1.00M
Submarket $/SF estimate$1.99M
NOI build-up
Gross scheduled income$151k
Vacancy & credit loss−$11k
Operating expenses−$63k
NOI · 6.16% cap applied$77k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$295/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$136 – $658

Cap rate analysis

How does the asset earn?
6.16%
$77k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionKNOX

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service12.2
Daycare Center11.2
Kitchen & Bath10.1

Location

8122 NW Elderberry Dr Knoxville, TN 37919
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1001 Flanders, Knoxville, TN 37919-6986 $760,000 May 2024 6,994 SF
8200 Elderberry, Knoxville, TN 37919-7087 $47,750,000 Feb 2022 7,980 SF
2749 Sullins, Knoxville, TN 37919-4660 $115,000 Mar 2021 6,972 SF
600 Longview, Knoxville, TN 37919-3766 $11,295,000 Oct 2018 10,242 SF
701 Longview, Knoxville, TN 37919-3751 $11,295,000 Oct 2018 10,242 SF
501 Longview, Knoxville, TN 37919-3717 $11,295,000 Oct 2018 10,242 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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