4,948 SqFt
4,948 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,948 sqft
Price per Sqft $202
MLS Listing ID 20261783
Style Other
Full Baths 2
Half Baths 1
Construction Status Functional
HOA Y/N No
Abv Grd Liv Area 4,948
Year Built 1997
Annual Tax Amount $1,327
Property Sub-Type Quadruplex
Source River Counties Association of REALTORS®
Property Description
Excellent opportunity to own a fully tenant-occupied 5-unit apartment building in a highly desirable, high-demand area. Each unit is a well-maintained 2-bedroom, 1.5-bathroom townhouse, offering spacious layouts ideal for attracting and retaining quality tenants.
This income-producing property is fully rented, providing immediate cash flow and low vacancy risk. Located near major amenities, shopping, and schools, it's perfectly positioned for long-term growth and stability.
Partial owner financing available* making this an ideal choice for investors looking to expand their portfolio with flexible terms.
Property Highlights:
- 5 Spacious Townhouse Units
- Each Unit: 2 Bedrooms, 1.5 Bathrooms
- Fully Tenant Occupied
- Strong Rental History
- Prime Location Near Amenities, Shopping, Resturaunts & Schools
- Partial Owner Financing Available
Don't miss this rare chance to acquire a stable, income-generating asset with built-in tenant base and financing flexibility. Financials available upon request.
Location
State TN
County Bradley
Direction From I-75 take Paul huff parkway all the way to Stuart Rd and continue all the way to Michigan Avenue. Take a right onto Michigan Avenue and the property is on the right.
Rooms
Basement Crawl Space
Interior
Interior Features Open Floorplan
Heating Central
Cooling Central Air
Flooring Laminate
Appliance Dishwasher, Electric Range, Refrigerator
Laundry Laundry Closet
Exterior
Exterior Feature None
Parking Features Concrete
Fence None
Community Features None
Utilities Available Sewer Connected
Roof Type Shingle
Porch Deck
Building
Lot Description Cleared
Dwelling Type Townhouse,Multi Family
Entry Level Two
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction No
Construction Status Functional
Schools
Elementary Schools Mayfield
Middle Schools Cleveland
High Schools Cleveland
Others
Tax ID 050l B 017.00
Miscellaneous Turnkey 5-Unit Townhouse Investment - Great Location + Partial Owner Financing Available Excellent opportunity to own a fully tenant-occupied 5-unit apartment building in a highly desirable, high-demand area. Each unit is a well-maintained 2-bedroom, 1.5-bathroom townhouse, offering spacious layouts ideal for attracting and retaining quality tenants. This income-producing property is fully rented, providing immediate cash flow and low vacancy risk. Located near major amenities, shopping, and schools, it's perfectly positioned for long-term growth and stability. Partial owner financing available* making this an ideal choice for investors looking to expand their portfolio with flexible terms. Property Highlights: - 5 Spacious Townhouse Units - Each Unit: 2 Bedrooms, 1.5 Bathrooms - Fully Tenant Occupied - Strong Rental History - Prime Location Near Amenities, Shopping, Resturaunts & Schools - Partial Owner Financing Available Don't miss this rare chance to acquire a stable, income-generating asset with built-in tenant base and financing flexibility. Financials available upon request.
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Special Listing Condition Standard
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7121 Regal Ln, Suite 215, Knoxville, Tennessee 37918, USA