814 Midway Rd, Strawberry Plains, TN

$750,000

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4,280

Square feet

1.70

Acres

About 814 Midway Rd

Exceptional Income-Producing Property on 1.7 Unrestricted Acres - 5 Rental Units Total! Don't miss this rare investment opportunity featuring a fully renovated 4-plex and an additional single-family home, all situated on 1.7 unrestricted acres in a prime East Tennessee location. With all units currently leased, this turnkey property offers immediate cash flow and outstanding long-term investment potential. The 3,600-square-foot fourplex consists of four well-maintained units, each offering approximately 900 square feet of living space. Three units feature 2 bedrooms and 1 bathroom, while the fourth unit offers 1 bedroom and 1 bathroom. All units have been tastefully renovated and include private porches for tenants to enjoy. Additional amenities include an on-site coin-operated laundry facility, an 8x12 storage shed, and a durable metal roof that is only five years old. Adding even more value, the property includes a separate 680-square-foot single-family residence featuring 2 bedrooms, 1 bathroom, a laundry room, carport, and recent renovations throughout. A brand-new 10x14 storage shed is also located next to the home. Tenants and owners alike will appreciate the property's unique custom-built pickleball court, providing a highly desirable recreational amenity rarely found in investment properties. Conveniently located just 20 minutes from Knoxville, 15 minutes from Sevierville, 30 minutes from Gatlinburg, and only minutes from shopping, dining, entertainment, and interstate access, this property combines strong rental demand with exceptional location benefits. Whether you're looking to expand your investment portfolio or secure a high-performing income property, this one-of-a-kind opportunity delivers multiple income streams, recent updates, and unlimited potential with no restrictions.

Features of 814 Midway Rd

MLS® # 1343794
Price $750,000
Square Footage 4,280
Acres 1.70
Year Built 1967
Status Active

Community Information

Address 814 Midway Rd
Area Knox County - 1
City Strawberry Plains
County Knox County - 1
State TN
Zip Code 37871

Amenities

Utilities Cable Available (TV Only)
Features Internet Available, Pantry, Walk-in Shower, Walk-In Closet(s), WasherDryer Connect
Parking Individual Carports, On Premise Parking, Carport, Detached
# of Garages 3
Has Pool No

Interior

Interior Features Walk-In Closet(s), Pantry
Appliances Range, Refrigerator
Heating Central, Electric
Cooling Central Cooling
Fireplace No
Has Basement No

Exterior

Exterior Steel, Stone, Vinyl Siding, Brick
Exterior Features Balcony
Construction Steel, Stone, Vinyl Siding, Brick

School Information

Elementary Carter
Middle Carter
High Carter

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

OfficeWallace Jennifer Scates Group

Listing Map

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