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$ 535,000
Est. payment /mo
Active
405 Durbin Drive Northeast DR Knoxville, TN 37912
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1323865
Year Built 1985
Lot Dimensions 100 X 150
Source East Tennessee REALTORS® MLS
Property Description
SVN | Wood Properties is proud to present 405 Durbin Drive is a well-maintained 4 unit multifamily property located in a quiet North Knoxville neighborhood. Its convenient location provides easy access to downtown, major roads, and local amenities, offering tenants both comfort and connectivity.
The units feature functional layouts and are thoughtfully maintained, attracting reliable, long-term renters. Currently generating $4,500 per month, the property delivers steady cash flow and strong occupancy potential. The house makes up two of the units with one being the first floor and basement which has been very nicely remodeled with a smaller upstairs unit. The remaining two units are on the left side of the property which have also been remodeled.
405 Durbin Drive offers clear upside for rental growth. Its combination of location, stable income, and low-maintenance units makes it an attractive investment opportunity in Knoxville's thriving rental market.
This property is part of a 129 Unit portfolio that can be purchased together.
For full financial documents please visit https://svnwood.com/inventory/?propertyId=1576443-sale
The units feature functional layouts and are thoughtfully maintained, attracting reliable, long-term renters. Currently generating $4,500 per month, the property delivers steady cash flow and strong occupancy potential. The house makes up two of the units with one being the first floor and basement which has been very nicely remodeled with a smaller upstairs unit. The remaining two units are on the left side of the property which have also been remodeled.
405 Durbin Drive offers clear upside for rental growth. Its combination of location, stable income, and low-maintenance units makes it an attractive investment opportunity in Knoxville's thriving rental market.
This property is part of a 129 Unit portfolio that can be purchased together.
For full financial documents please visit https://svnwood.com/inventory/?propertyId=1576443-sale
Location
State TN
County Knox County - 1
Rooms
Other Rooms Other
Interior
Heating Central, Electric
Cooling Central Cooling
Flooring Laminate
Heat Source Central, Electric
Exterior
Parking Features Other
Garage Description Other
Roof Type Shingle
Garage No
Building
Faces Follow King St NW and Emory Pl to N Central St, Continue on N Central St to Dutch Valley Dr, Continue on Dutch Valley Dr. Drive to Durbin Dr NE
Structure Type Other
Others
Tax ID 88444
Energy Description Electric
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
Listed by SVN I Wood Properties