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$750,000

814 Midway Rd, Strawberry Plains, TN 37871
Strawberry Plains, TN 37871
Listed by Jennifer Scates · Wallace Jennifer Scates Group
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1967

About this home

Exceptional Income-Producing Property on 1.7 Unrestricted Acres - 5 Rental Units Total! Don't miss this rare investment opportunity featuring a fully renovated 4-plex and an additional single-family home, all situated on 1.7 unrestricted acres in a prime East Tennessee location. With all units currently leased, this turnkey property offers immediate cash flow and outstanding long-term investment potential. The 3,600-square-foot fourplex consists of four well-maintained units, each offering approximately 900 square feet of living space. Three units feature 2 bedrooms and 1 bathroom, while the fourth unit offers 1 bedroom and 1 bathroom. All units have been tastefully renovated and include private porches for tenants to enjoy. Additional amenities include an on-site coin-operated laundry facility, an 8x12 storage shed, and a durable metal roof that is only five years old. Adding even more value, the property includes a separate 680-square-foot single-family residence featuring 2 bedrooms, 1 bathroom, a laundry room, carport, and recent renovations throughout. A brand-new 10x14 storage shed is also located next to the home. Tenants and owners alike will appreciate the property's unique custom-built pickleball court, providing a highly desirable recreational amenity rarely found in investment properties. Conveniently located just 20 minutes from Knoxville, 15 minutes from Sevierville, 30 minutes from Gatlinburg, and only minutes from shopping, dining, entertainment, and interstate access, this property combines strong rental demand with exceptional location benefits. Whether you're looking to expand your investment portfolio or secure a high-performing income property, this one-of-a-kind opportunity delivers multiple income streams, recent updates, and unlimited potential with no restrictions.

Property details

MLS #
1343794
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
75
On market date
June 7, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
3
Parking spaces
N/A
Lot size
1.7 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Carter Elementary
2.69 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
535
Student:teacher ratio
16.7:1
District
Knox County
Middle
Carter Middle School
1.85 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
584
Student:teacher ratio
15.8:1
District
Knox County
High
Carter High School
1.97 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
769
Student:teacher ratio
13.7:1
District
Knox County

Walkability

Blended score for Strawberry Plains's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

21
Car-dependent
out of 100
EPA National Walkability Index
5.7 / 20 -- Least walkable
Nearby-amenity density
10 / 100
Restaurants & cafes0
Grocery stores0
Parks2
Schools0
Transit stops0
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,667/mo
$150,000 down
$600,000 loan
Principal & interest$3,892
Property tax (est.)$625
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated June 16, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.