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About This Home
This 4-bedroom, 0-bathroom residential multi family at 7003 Old Clinton Pike in Knoxville, TN is listed for $579,000 ($215 per sqft). Built in 1981, the home offers 2,688 sqft of living space on a 0.40 acres lot.
Turnkey 4-Unit Investment Opportunity in Prime Knoxville Location Well-positioned 4-plex located in the heart of a thriving shopping and dining district. This property features four separate 1-bedroom, 1-bath units, each offering approximately 672 square feet, private entrances, and designated parking.
Two units have been extensively renovated with granite countertops, updated appliances, new flooring, and fresh paint. The remaining two units offer recent updates including new flooring and paint, providing a balanced mix of stabilization and future upside.
Major systems including HVAC and windows have been updated, reducing near-term capital expenditure concerns. Tenants are responsible for all utilities and trash service, contributing to an efficient operating structure. Investment Highlights: - Current gross income: $48,000 annually - Scheduled rent increases bring projected gross income to $50,400.00 starting June 2026.
- Low operating expense structure (annually 6K-7k, including property taxes of $1,375) - Stabilized NOI approximately $37,000+ under conservative underwriting -6%-7%+ return potential for owner-operator Located just minutes from I-75, shopping, dining, healthcare, parks, and schools -- an area that continues to support strong rental demand. Financial summary available upon request.
Key Features
- Built in 1981
- 0.40 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,097/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
7003 Old Clinton Pike
Knoxville, TN 37921
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 0-bathroom residential multi family at 7003 Old Clinton Pike is listed at $579,000 ($215/sqft). The estimated monthly payment is $2,509 based on 20% down at 6.5% interest.
Key features include: Built in 1981, 0.40 acre lot. Exterior Features: Windows - Vinyl.
This property is listed by Robin Butler and can be reached at (865) 693-3232 or robinebutler1@gmail.com.

























