$260,000
About this home
This exceptional multi-family property, zoned for commercial use, presents a charming historic residence situated just outside the lively Happy Holler district. It represents an excellent investment opportunity, benefiting from a prime location with convenient access to local amenities. Although the apartment units currently require some repairs, cleaning, and modernization, they offer significant potential for value-added renovation. The property includes a spacious, unfinished fourth unit on the upper floor, which could be completed to generate additional income. Each dwelling is equipped with its own electric meter for independent utility management. The first-floor apartments currently command a monthly rent of $1200 each, while the upstairs unit rents for $1000. Tenants are responsible for all utility costs. Recent enhancements include a newer roof. The property is set on a generous lot, featuring an outdoor storage building and rear access from the back street, which provides convenient off-street parking.
Property details
- MLS #
- 1346324
- Property type
- Residential Income
- Subdivision
- Oakwood C B Atkins Add
- Status
- Active
- Days on market
- 59
- On market date
- June 29, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.17 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 460
- Student:teacher ratio
- 11.5:1
- District
- Knox County
- Enrollment
- 455
- Student:teacher ratio
- 12.6:1
- District
- Knox County
- Enrollment
- 77
- Student:teacher ratio
- 7.0:1
- District
- Knox County
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 23 hr ago.
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.