838 N 4th Ave, Knoxville, TN 37917 (MLS# 1293750)

838 N 4th Ave, Knoxville, TN 37917

$1,970,000
Property Type: Multi-Family Square Footage: 11,312 Lot Size (sq. ft.): 12,561 Status: Closed
Current Price: $1,970,000 List Date: 3/18/2025 Last Modified: 6/16/2025

Overview

Description

Investment Opportunity: Fully Leased & Recently Remodeled 21-Unit Apt Complex Just 0.7 Miles To Knoxville's Smokies Baseball Stadium - Opening April 15th 2025 Please see Property Financials located under the documents tab for current rent roll and expenses. 4th & Gill is Ideally located to attract students and young professionals with microbreweries, restaurants and greenway access in the adjacent hot Broadway/North Central corridor. Less than 1 mile walking distance to the new Smokies Stadium, these apartments also offer convenience to Hall of Fame Drive and Interstate 40. Fully rented, this excellent investment opportunity has recent upgrades including newer 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 appt with list agent.

Listing Details MLS# 1293750

Location Tax Legal Info

House #
838
St Dir
N
Street Name
4th
St Suffix
Ave
State/Province
TN
Zip Code
37917
PIN #
082PA020 & 082PA021
Subdivision
W A Branner Addn Pt 87 & 86

Contract Info

Auction Y/N
No
Listing Price
2200000

General Property Description

SqFt - Total (Aprox)
11312
Lot Dimensions
150x103xIRREG
Lot Size SqFt
12561
Number of Units
21
# Units Leased
21
Utilities/Mo Avg
1766
Year Built
1915
Property Status
N/A
Driveway
Paved
Lease Information
4- Efficiencies $725-$848 16- 1BR +1BA $725-$1000 1- 2BR+1BA $1000

Status Change Info

Status Change Date
2025-06-16
Under Contract Date
2025-03-28
Sold Date
2025-06-13

IncomeExpenses

Net Operating Income
140363

More Information

Property Features

Property Sub-Type: Apartment Type of Units: Efficiency Unit; 1 Bedroom Unit; 2 Bedroom Unit Sale Includes: Building and Land Floors: Hardwood; Laminate Tenant Expenses: Electricity Owner Expenses: Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Taxes; Trash Collection Fuel: Electric Heat: Other Cooling: Wall Cooling Appliances: Microwave; Range; Refrigerator Construction: Frame Roof: Composition Siding: Other Exterior Features: Windows - Vinyl Misc Features: None Other Rooms: Other Miscellaneous: Coin Laundry New Financing: Cash; New Loan

Documents

IDX
Listing Office: Goldman Partners Realty, LLC
Last Updated: June - 16 - 2025
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.
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