2828 NE Colt Drive, Knoxville, TN 37918

Local realty services provided by:CENTURY 21 Legacy
2828 NE Colt Drive,Knoxville, TN 37918
$595,000
  • - Beds
  • - Baths
  • 4,727 sq. ft.
  • Multi-family
  • Active
Listed by: brooke miracle, jeff larue
Office: realty executives associates
MLS#:1343358
Source:TN_KAAR

Price summary

  • Price:$595,000
  • Price per sq. ft.:$125.87

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 2828 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 features three spacious 2-bedroom, 1.5-bath units, each with a full dining room, plus one larger 3-bedroom, 2.5-bath unit. All units include washer and dryer hookups, a highly desirable amenity 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. A standout feature is the basement area, which includes three large storage rooms ideal for maintenance equipment, supplies, and building materials. These spaces...

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Home facts

  • Year built:1974
  • Listing ID #:1343358
  • Added:1 day(s) ago
  • Updated:June 04, 2026 at 04:17 PM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Living area:4,727 sq. ft.

Heating and cooling

  • Cooling:Central Cooling
  • Heating:Central, Electric, Heat Pump

Structure and exterior

  • Year built:1974
  • Building area:4,727 sq. ft.
  • Lot area:0.38 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.:$125.87

Parking

  • Parking description:Off-Street Parking, On Premise Parking