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311 Silver Place, Knoxville, TN 37917

Knoxville
Local realty services provided by:CENTURY 21 Legacy
311 Silver Place,Knoxville, TN 37917
$999,950
Virtual Tour
  • - Beds
  • - Baths
  • 5,626 sq. ft.
  • Multi-family
  • Active
Listed by: christy cj pace
Office: pace probity asset management
MLS#:1319536
Source:TN_KAAR

Price summary

  • Price:$999,950
  • Price per sq. ft.:$177.74

About this home

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...

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Home facts

  • Year built:1899
  • Subdivision & Development:Cullen Prop Pt 11
  • Listing ID #:1319536
  • Added:218 day(s) ago
  • Updated:August 19, 2026 at 02:37 PM

Rooms and interior

  • Flooring:Hardwood, Vinyl
  • Living area:5,626 sq. ft.

Heating and cooling

  • Cooling:Central Cooling
  • Heating:Central, Electric

Structure and exterior

  • Year built:1899
  • Building area:5,626 sq. ft.
  • Construction Materials:Frame

Finances and disclosures

  • Price:$999,950
  • Price per sq. ft.:$177.74

Parking

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

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