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About This Home
This 7-bedroom, 0-bathroom residential multi family at 311 Silver Place in Knoxville, TN is listed for $999,950 ($178 per sqft). Built in 1899, the home offers 5,626 sqft of living space on a N/A lot.
Well-located 7-unit multifamily opportunity in North Knoxville, recently taken over following foreclosure and management transition. Current ownership has completed roster cleanup, implemented a revised rent structure that includes a built-in water/sewer offset, and is actively refilling vacant units.
All units are operated as long-term rentals; no short-term rental income is assumed or required. This asset is best suited for a hands-on owner-operator seeking to complete lease-up and maximize cash flow through self-management and operational efficiency.
Utilities are individually metered where applicable, with owner covering common utilities and water/sewer. Income and expense figures reflect projected stabilized operations based on market-supported rents. Buyer to verify all information and perform independent due diligence. Located just minutes from Downtown Knoxville, UT, major employers, and local entertainment districts. Property built before 1978 may contain lead-based paint. Zoned RN-4
Key Features
- Built in 1899
Property Details
Amenities
Monthly Cost Estimate
$5,348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
311 Silver Place
Knoxville, TN 37917
Cullen Prop Pt 11
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 7-bedroom, 0-bathroom residential multi family at 311 Silver Place is listed at $999,950 ($178/sqft). The estimated monthly payment is $4,333 based on 20% down at 6.5% interest.
Key features include: Built in 1899.
This property is listed by Christy CJ Pace and can be reached at (865) 388-7131 or cjpace@ppamrealestate.com.
