5639 Lon Roberts DR, Knoxville, TN 37918 – 1289846 - Eli Corum

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Eli Corum

eli@nextdoorhomes.com +1(865) 902-6666

$ 625,000

Est. payment | -/mo

3,504 SqFt

Save

$ 625,000

Est. payment | -/mo

Save

3,504 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,504 sqft

Price per Sqft $178

Subdivision Fountain City Add

MLS Listing ID 1289846

Originating Board East Tennessee REALTORS® MLS

Year Built 1972

Lot Dimensions 100.25X130.98XIRR

Property Description

Fountain City is exploding and this is a great opportunity to get in on the ground floor with an all brick 4-Plex that has been mostly renovated. All 4 tenants have been there nearly 2 years and rents are ready to be increased. Roof was replaced in 2012, one HVAC unit was replaced in 2024, and the others were replaced around 2017. One unit is currently rented for $1,300 and three are rented for $1,200. The complex is less than 1/2 mile to booming Broadway with all the new shops gyms, and restaurants. There is an area in the back that can be used for laundry as an extra income source. Comparable units are currently renting for $1,400. Taxes are $5,608.92. Insurance is $2,371. $5,Owner/Agent.

Location

State TN

County Knox County - 1

Rooms

Family Room Yes

Other Rooms Family Room, Mstr Bedroom Main Level

Interior

Heating Central, Natural Gas, Electric

Cooling Central Cooling

Flooring Vinyl

Appliance Microwave, Range, Refrigerator

Heat Source Central, Natural Gas, Electric

Exterior

Exterior Feature Windows - Vinyl, Porch - Covered

Parking Features Off Street

Garage Description Off-Street Parking

Roof Type Shingle

Garage No

Building

Faces Take I-640 to the Broadway exit and turn north on N Broadway. Turn right on Tazewell Pike then stay straight onto Jacksboro Pike. Left on Harvey Dr., then left on Lon Roberts. Property is on the left at the end of the street.

Structure Type Brick,Frame

Others

Tax ID 048MJ043

Energy Description Electric, Gas(Natural)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Keller Williams Realty

+1(865) 902-6666

eli@nextdoorhomes.com

1111 N Northshore Dr SPC N-600, Knoxville, TN, 37919, United States

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5639 Lon Roberts DR Knoxville, TN 37918