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308 Knox Rd

Knoxville, TN 37918
  • $349,900
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: 1291013
Price Reduced
UPDATED: 87 min ago
$349,900
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,584
    SQFT
  • $76
    $/SQFT
Type:
Multi-Family
Built:
1940
County:
Area:

School Ratings & Info

Description

JUST REDUCED! 6 UNITS - FTN CITY - VACANT - FLOOD ZONE - Prequal required with all offers. Located in the heart of Fountain City, this vacant 6-unit building offers a unique opportunity for investors seeking a property with strong upside potential. Situated in a highly sought-after area, this building consists of 4 2-bedroom, 1-bath units and 2 1-bedroom, 1-bath units. While the property does require substantial work (please see videos of all interiors), it is a value add play. If you're looking to renovate and flip, to create long-term rental income, the prime location and desirable unit mix offer the perfect foundation to unlock its full potential. This property is within walking distance to Kroger, coffee shops, two different parks and many fast food chains. . Seller to close at Tennessee Valley Title Kimberly D Carmosino and requests Buyer do same. The seller has sourced two insurance quotes for this property from TIS Insurance. First quote is for $250k in coverage and is priced at $1,751 and the second quote is for $400k in coverage at $5,891 per year.

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© 2025 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Realty Executives Associates. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Associates. Data last updated: 2025-04-26T19:48:09.72.
www.ashleyfinney.com/homes/160816315
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308 Knox Rd Knoxville, TN 37918

  • Price: $349,900
  • Status: Active
  • On Site: 60 Days
  • Updated: 87 min ago
  • ID#: 1291013
0
Beds
0
Baths
0
½ Baths
0.48
Acres
4,584
SQFT
$76
$/SQFT
1940
Built
County:
Knox
Area:
Knoxville
Property Description
JUST REDUCED! 6 UNITS - FTN CITY - VACANT - FLOOD ZONE - Prequal required with all offers. Located in the heart of Fountain City, this vacant 6-unit building offers a unique opportunity for investors seeking a property with strong upside potential. Situated in a highly sought-after area, this building consists of 4 2-bedroom, 1-bath units and 2 1-bedroom, 1-bath units. While the property does require substantial work (please see videos of all interiors), it is a value add play. If you're looking to renovate and flip, to create long-term rental income, the prime location and desirable unit mix offer the perfect foundation to unlock its full potential. This property is within walking distance to Kroger, coffee shops, two different parks and many fast food chains. . Seller to close at Tennessee Valley Title Kimberly D Carmosino and requests Buyer do same. The seller has sourced two insurance quotes for this property from TIS Insurance. First quote is for $250k in coverage and is priced at $1,751 and the second quote is for $400k in coverage at $5,891 per year.
Exterior Features

Attached Garage YN No Exterior Features [] Garage Parking On Premise Parking Yes Parking Features On Premise Parking Roof Shingle Yes

Interior Features

Appliances [] Cooling Window Unit(s) Flooring LaminateHardwoodVinyl Heating BaseboardElectric Interior Features [] Misc Features Washer Dryer Connect Yes

Property Features

Auction YN No Construction Materials Vinyl SidingFrameOther Fuel Electric Yes Listing Terms OtherCash New Financing Cash Yes Other Structures [] Property Status N/A Property Sub Type Five Or Six Plex Yes Security Features [] Utilities []

Listing information © 2025 East Tennessee REALTORS®.
Listing provided courtesy of Goldman Partners Realty, LLC: 865-705-8675.


© 2025 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Realty Executives Associates. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty Executives Associates. Data last updated: 2025-04-26T19:48:09.72.
 
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Realty Executives Associates
10255 Kingston Pike
Knoxville TN, 37922