Pending

Pending - Continue to ...

5639 Lon Roberts Drive

Knoxville TN, 37918

$615,000


$175.51 per sqft

Pending

Pending - Continue to ...

3,504 sqft

Multi-family

Built in 1972

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.

1289846

MLS ID

February 13, 2025

Listed

February 28, 2025

Updated

Interior Features

Appliances

Microwave, Range, Refrigerator


Floor Description

Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Central Cooling


Heating

Yes


Heating Description

Central, Natural Gas, Electric

Exterior/Building Features

Exterior Features

Windows - Vinyl

Other Property Details

Area Name

Knox County - 1


Garage

No


Parking

Off-Street Parking


View

No


County

Knox County - 1

Listing History

Date

Event

Price

2/28/2025

Pending

2/24/2025

Price change

$615,000

-2%

 

Courtesy of Keller Williams Realty, Derek Maples

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Jennifer Scates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 9:18 PM UTC, 2/28/2025

 

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