$574,950
About this home
Turnkey fourplex, 100% leased -- $4,675/mo ($56,100/yr), offered at $574,950. Four 2BR/1BA units in North Knoxville: income from day one, plus real value-add upside. Two units are fully renovated (2024 and 2022) with freshly painted cabinetry, butcher-block counters, updated appliances, refreshed baths, and new flooring (tile, LVP, carpet). A third is freshly painted with select updates. The fourth has stayed with the same tenant since before 2021 -- unrenovated, with clear upside when it turns. Every unit has in-unit laundry and its own water meter. Tenants pay water, sewer, and electric; the owner covers only trash and landscaping. All-electric (no gas). Brick exterior and metal balconies freshly painted in 2026, with paved off-street parking and private balconies. Ideal for a buy-and-hold investor or a house-hacker who wants to live in one unit and rent the rest. Full rent roll and income/expense breakdown available on request.
Property details
- MLS #
- 1350805
- Property type
- Residential Income
- Subdivision
- Murphy Hills Unit 6
- Status
- Active
- Days on market
- 16
- On market date
- August 5, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 493
- Student:teacher ratio
- 14.1:1
- District
- Knox County
- Enrollment
- 1,055
- Student:teacher ratio
- 17.3:1
- District
- Knox County
- Enrollment
- 1,265
- Student:teacher ratio
- 17.3:1
- District
- Knox County
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 18 days 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.