814 Midway Rd Strawberry Plains, TN 37871
4,280 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,280 sqft
Price per Sqft $175
MLS Listing ID 1343794
Year Built 1967
Lot Size 1.700 Acres
Acres 1.7
Source East Tennessee REALTORS® MLS
Property Description
Don't miss this rare investment opportunity featuring a fully renovated 4-plex and an additional single-family home, all situated on 1.7 unrestricted acres in a prime East Tennessee location. With all units currently leased, this turnkey property offers immediate cash flow and outstanding long-term investment potential.
The 3,600-square-foot fourplex consists of four well-maintained units, each offering approximately 900 square feet of living space. Three units feature 2 bedrooms and 1 bathroom, while the fourth unit offers 1 bedroom and 1 bathroom. All units have been tastefully renovated and include private porches for tenants to enjoy. Additional amenities include an on-site coin-operated laundry facility, an 8x12 storage shed, and a durable metal roof that is only five years old.
Adding even more value, the property includes a separate 680-square-foot single-family residence featuring 2 bedrooms, 1 bathroom, a laundry room, carport, and recent renovations throughout. A brand-new 10x14 storage shed is also located next to the home.
Tenants and owners alike will appreciate the property's unique custom-built pickleball court, providing a highly desirable recreational amenity rarely found in investment properties.
Conveniently located just 20 minutes from Knoxville, 15 minutes from Sevierville, 30 minutes from Gatlinburg, and only minutes from shopping, dining, entertainment, and interstate access, this property combines strong rental demand with exceptional location benefits.
Whether you're looking to expand your investment portfolio or secure a high-performing income property, this one-of-a-kind opportunity delivers multiple income streams, recent updates, and unlimited potential with no restrictions.
Location
State TN
County Knox County - 1
Area 74052.0
Rooms
Family Room Yes
Other Rooms Family Room
Interior
Interior Features Walk-In Closet(s), Pantry
Heating Central, Electric
Cooling Central Cooling
Flooring Laminate
Window Features Windows - Insulated
Appliance Range, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Balcony
Parking Features Individual Carports, On Premise Parking, Carport, Detached
Garage Spaces 3.0
Garage Description Detached, Carport, On Premise Parking, Individual Carports
Utilities Available Cable Available (TV Only)
Roof Type Metal
Porch true
Total Parking Spaces 3
Garage Yes
Building
Faces From downtown Knoxville take I-40 E to exit 402 Midway Rd , Turn left onto Midway Road, property on right. No sign on property.
Additional Building Shed
Structure Type Steel,Stone,Vinyl Siding,Brick
Schools
Elementary Schools Carter
Middle Schools Carter
High Schools Carter
Others
Restrictions No
Tax ID 074 10201
Security Features Smoke Detector
Energy Description Electric
Acceptable Financing VA Loan, New Loan, Cash, Conventional
Listing Terms VA Loan, New Loan, Cash, Conventional
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