838 N 4th Ave, Knoxville, TN 37917

$1,400,000
Property Type: Multi-Family Square Footage: 12,760 Lot Size (sq. ft.): 12,549 Status: Closed
Current Price: $1,400,000 List Date: 9/30/2019 Last Modified: 1/18/2020

Overview

Description

21 Units On 2 Lots - Opportunity Zone - Renovated - 10 Minutes to Downtown & UTK Campus. Ideally located to attract students and young professionals with microbreweries, restaurants and greenway access in the adjacent hot Broadway/North Central corridor, these apartments also offer convenience to Hall of Fame Drive and Interstate 40. Fully rented, this excellent investment opportunity has recent upgrades including new roofs, gutters and windows, fresh HVAC systems and all new kitchen cabinetry and appliances. Additionally there is an onsite laundry facility for tenant use. Sq footage is from sources deemed reliable but not guaranteed & should be verified by buyer. All showings by appointment with list agent.

Listing Details MLS# 1092539

Location Tax Legal Info

House #
838
St Dir
N
Street Name
4th
St Suffix
Ave
State/Province
TN
Zip Code
37917
PIN #
082pa020
Subdivision
W A Branner Addn Pt 87 & 86

Contract Info

Auction Y/N
No
Listing Price
1600000

General Property Description

SqFt - Total (Aprox)
12760
Lot Dimensions
45x150 & 160x133
Lot Size SqFt
12549
Number of Units
21
# Units Leased
21
Utilities/Mo Avg
750
Year Built
1915
Property Status
N/A
Restrictions
Yes
Driveway
Paved
Lease Information
See provided financials with rent roster

Status Change Info

Status Change Date
2020-01-18
Under Contract Date
2019-10-14
Sold Date
2020-01-17

IncomeExpenses

Net Operating Income
105284

Roof

Roof Info
Asphalt Shingle

More Information

Property Features

Property Sub-Type: Apartment Type of Units: Efficiency Unit; 1 Bedroom Unit; 2 Bedroom Unit; Unfurnished Sale Includes: Building and Land Floors: Carpet; Vinyl; Other Tenant Expenses: Electricity Owner Expenses: Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Sewer; Taxes; Trash Collection; Water Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Range; Refrigerator Construction: Masonry Siding: Stone Other Rooms: Other Miscellaneous: Coin Laundry; Utility Room New Financing: Cash; Conventional
IDX
Listing Office: Goldman Partners Realty, LLC
Last Updated: January - 18 - 2020
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.