310 Gilbert Lane, Knoxville, TN 37920

$700,000
Property Type: Multi-Family Square Footage: 4,611 Lot Size (sq. ft.): 24,350 Status: Pending - Continue to Show - Financing
Current Price: $700,000 List Date: 7/09/2026 Last Modified: 7/27/2026

Overview

Description

Located on half an acre in a quiet, wooded neighborhood, this 6-plex is conveniently located within close proximity to UT, Downtown Knoxville, Ijams Nature Park, Baker Creek Preserve and the commercial development on Sevier Avenue and riverfront. Fully leased, the owner provides water/sewer for the tenants (one water meter). Four of the six units have been updated with new flooring, kitchen cabinets, lighting, and plumbing fixtures. There are four 2BR/1BA units, and 2 1BR/1BA units. Roof is approximately 5 years old, HVAC units are 10 years old, window are thermal/ double-pane, vinyl.

Listing Details MLS# 1347141

Location Tax Legal Info

House #
310
Street Name
Gilbert
St Suffix
Lane
State/Province
TN
Zip Code
37920
PIN #
109EE028

Contract Info

Auction Y/N
No
Listing Price
700000

General Property Description

SqFt - Total (Aprox)
4611
Lot Dimensions
125.6 X 235.9 X IRR
Lot Size SqFt
24350
Number of Units
6
# Units Leased
6
Utilities/Mo Avg
542
Year Built
1968
Property Status
N/A
Restrictions
Yes
Driveway
parking lot
Lease Information
Listing agent can provide.

Status Change Info

Status Change Date
2026-07-27
Under Contract Date
2026-07-15

Location, Tax & Legal Info

Area
Knox County - 1
Community
South Knoxville
City/County Code
City Limits
Elementary School
Dogwood
Middle School
South Doyle
Total Tax
3208.06
High School
South Doyle

Remarks & Misc

Directions
From I-40, take exit 388Highway 158/James White Parkway S Knoxville. merge to Hwy 71 South, exit Sevier Avenue/Hillwood Avenue, turn left onto Hillwood, left onto Anita Drive, right onto Island Home Avenue, right onto S Haven Road, left on Price Avenue. left onto Gilbert Lane to complex on the right.
Public Remarks
Located on half an acre in a quiet, wooded neighborhood, this 6-plex is conveniently located within close proximity to UT, Downtown Knoxville, Ijams Nature Park, Baker Creek Preserve and the commercial development on Sevier Avenue and riverfront. Fully leased, the owner provides water/sewer for the tenants (one water meter). Four of the six units have been updated with new flooring, kitchen cabinets, lighting, and plumbing fixtures. There are four 2BR/1BA units, and 2 1BR/1BA units. Roof is approximately 5 years old, HVAC units are 10 years old, window are thermal/ double-pane, vinyl.

More Information

Income/Expenses

Gross Annual Income
79200

Property Sub-Type

Five or Six Plex
Yes

Construction

Frame
Yes

Type of Units

1 Bedroom Unit
Yes
2 Bedroom Unit
Yes
Unfurnished
Yes

Siding

Brick
Yes

Sale Includes

Building and Land
Yes
No Furnishings
Yes

Cooling

Central Cooling
Yes

Floors

Luxury Vinyl Plank
Yes

Garage/Parking

On Premise Parking
Yes

Tenant Expenses

Electricity
Yes
Gas
Yes

Owner Expenses

Common Area Maintenance
Yes
Exterior Maintenance
Yes
HVAC Maintenance
Yes
Insurance
Yes
Lawn Maintenance
Yes
Roof Maintenance
Yes
Sewer
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Fuel

Electric
Yes
Gas (Natural)
Yes

Heat

Central
Yes

Appliances

Range
Yes
Refrigerator
Yes

Other Rooms

Bedroom Main Level
Yes
Mstr Bdrm Main Level
Yes

Roof

Asphalt
Yes

Exterior Features

Windows - Dble Pane
Yes
Windows - Insulated
Yes
Windows - Vinyl
Yes

Misc Features

Washer/Dryer Connect
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes

Showing

See Agent Instructns
Yes

Property Features

Property Sub-Type: Five or Six Plex Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; Unfurnished Sale Includes: Building and Land; No Furnishings Floors: Luxury Vinyl Plank Tenant Expenses: Electricity; Gas Owner Expenses: Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Sewer; Taxes; Trash Collection; Water Fuel: Electric; Gas (Natural) Heat: Central Cooling: Central Cooling Appliances: Range; Refrigerator Construction: Frame Roof: Asphalt Siding: Brick Exterior Features: Windows - Dble Pane; Windows - Insulated; Windows - Vinyl Misc Features: Washer/Dryer Connect Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level New Financing: Cash; Conventional; New Loan Showing: See Agent Instructns
IDX
Listing Office: Keller Williams Realty
Last Updated: July - 27 - 2026
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