2816 NE Colt Drive, Knoxville, TN 37918
Local realty services provided by:CENTURY 21 Legacy
2816 NE Colt Drive,Knoxville, TN 37918
$595,000
- - Beds
- - Baths
- 4,773 sq. ft.
- Multi-family
- Active
Listed by: brooke miracle, jeff larue
Office: realty executives associates
MLS#:1343372
Source:TN_KAAR
Price summary
- Price:$595,000
- Price per sq. ft.:$124.66
About this home
Rare opportunity to acquire a fully occupied multifamily asset in the growing Halls market with immediate income and future upside potential! This 4-plex at 2816 Colt Drive is currently 100% occupied with all four units leased on month-to-month agreements, offering flexibility for future rent adjustments and management strategies.
The property consists of four spacious 2-bedroom, 1.5-bath units, each designed for comfortable everyday living. All units include washer and dryer hookups and feature their own private utility/laundry room located at the rear of the building, providing added convenience and storage for tenants. Tenants pay their own utilities, while the owner maintains the grounds, creating an efficient management structure.
Situated on a quiet dead-end street, the property offers ample on-site parking and a peaceful setting while remaining conveniently close to everyday amenities. Its desirable location just off North Broadway in the Halls community places residents minutes from major restaurants, grocery stores, parks, ball fields, schools, and other conveniences. Downtown Knoxville is only 12 minutes away, making this an attractive location for tenants seeking both accessibility and a neighborhood feel.
Whether you're expanding an existing portfolio or seeking a turnkey investment property with stable occupancy, this income-producing asset offers a compelling opportunity in one of Knoxville's most convenient and established rental markets....
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Home facts
- Year built:1974
- Listing ID #:1343372
- Added:1 day(s) ago
- Updated:June 04, 2026 at 05:15 PM
Rooms and interior
- Flooring:Carpet, Vinyl
- Living area:4,773 sq. ft.
Heating and cooling
- Heating:Central, Electric, Heat Pump
Structure and exterior
- Year built:1974
- Building area:4,773 sq. ft.
- Lot area:0.37 Acres
- Construction Materials:Brick
Schools
- High school:Halls
- Middle school:Halls
- Elementary school:Adrian Burnett
Finances and disclosures
- Price:$595,000
- Price per sq. ft.:$124.66
Parking
- Parking description:Off-Street Parking, On Premise Parking
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