NOT LISTED FOR SALE

Estimated Value: $389,000 - $477,000

2 Beds
1 Bath
3,254 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: February 18, 2026

Last sale price $435,000 $134 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,482 / mo

6 Days on Market

Highlights

  • Main Floor Bedroom
  • Baseboard Heating
  • Carpet
  • Central Heating and Cooling System

About This Home

As of February 2026

Attention investors! Incredible opportunity to own a 5-unit income-producing property in Knoxville. This property features a 2,700 sq ft all-brick fourplex plus a detached single-family home, offering immediate cash flow with value-add potential.The fourplex (built in 1977) includes four 1-bedroom, 1-bath units, all fully leased at $900/month per unit. The building offers ample parking, brick exterior, and great location.The detached single-family home (built in 1944) offers 1 bedroom, 1 bath, approx. 550 sq ft, and is currently leased at $850/month. The home needs work, presenting an excellent opportunity to increase value. Each unit is individually metered for electric, water, and sewer. Tenants pay all utilities. Strong rental history and consistent income make this an excellent addition to any investment portfolio.Property is being sold As-Is.

Last Agent to Sell the Property

Chad Copenhaver

Keller Williams Signature License #334780 Listed on: 01/29/2026

Keller Williams Signature

Last Buyer's Agent

David Faulkner

William Faulkner License #367167

William  Faulkner
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,682

Year Built

  • Built in 1944

Lot Details

  • 21,780 Sq Ft Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Brick Frame
  • Shingle Roof

Interior Spaces

  • Main Floor Bedroom
  • 3,254 Sq Ft Home
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Inskip Elementary School
  • Gresham Middle School
  • Central High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Baseboard Heating
  • Internet Available

Community Details

  • 5 Units
  • Ira L Delapp Addn Subdivision

Listing and Financial Details

  • Tenant pays for telephone, tenant pays all util, sewer
  • The owner pays for trash collection, lawn maintenance, insurance, common area maintenance, taxes, leasing fees, exterior maintenance, HVAC maintenance, roof maintenance
  • Assessor Parcel Number 069AA020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,682

Year Built

Built in 1944

Lot Details

0.5 Acres

Listing Details

  • Directions: I75 N to Merchants Dr, Take Right and continue on Cedar Ln, R/Willoway Dr, property on right.
  • Prop. Type: Residential Income
  • Year Built: 1944
  • Lot Size Acres: 0.5
  • Lot Size: 204x100xirr
  • Subdivision Name: Ira L Delapp Addn
  • Contract Info:List PriceSqFt2: 133.68
  • General Property Description:Driveway: yes
  • Construction:Construction: Block, Frame - Brick, Other
  • Fuel:Fuel: Electric
  • Misc Features:Misc Features: Internet Available
  • Other Rooms:Other Rooms: Bedroom Main Level
  • Property Sub-Type:Property Sub-Type: Five or Six Plex, Four Plex, Other
  • Type of Units: 1 Bedroom Unit
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher
  • Owner Pays: Trash Collection, Lawn Maintenance, Insurance, Common Area Maintenance, Taxes, Leasing Fees, Exterior Maintenance, HVAC Maintenance, Roof Maintenance
  • Flooring: Carpet, Other

Exterior Features

  • Construction Type: Block, Brick, Other
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • GarageParking:GarageParking: Off-Street Parking

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: Inskip
  • High School: Central
  • Middle Or Junior School: Gresham

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 069AA020

Rental Info

  • Tenant Pays: Telephone, Tenant Pays All Util, Sewer

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 3682.15

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2026
Closed on
Feb 18, 2026
Sold by
Bae Holdings Llc
Bought by
Seller's Agent
Chad Copenhaver
Keller Williams Signature
Buyer's Agent
David Faulkner
William Faulkner
List Price
$435,000
Sold Price
$435,000
Views
15
Current Estimated Value
$426,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,513
Avg. Annual Appreciation
-3.46%

Purchase Details

Listed on
May 14, 2020
Closed on
Dec 4, 2020
Sold by
French H A
Bought by
Bae Holdings Llc
Seller's Agent
Laura Bailey
The Bailey Group, Realty Executives
Buyer's Agent
Chad Copenhaver
Realty Executives Associates
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$240,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$435,000 Melrose Title Company Llc
Bae Holdings Llc $300,000 Concord Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $240,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2026 02/18/26 Sold $435,000 0.0% $134 / Sq Ft
02/04/2026 02/04/26 Pending -- -- --
01/29/2026 01/29/26 For Sale $435,000 +45.0% $134 / Sq Ft
12/07/2020 12/07/20 Sold $300,000 -- $92 / Sq Ft View Prior Sale
Source: East Tennessee REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,543 $99,260 $0 $0
2024 $3,683 $99,260 $0 $0
2023 $3,683 $99,260 $0 $0
2022 $3,683 $99,260 $0 $0
2021 $2,037 $44,430 $0 $0
2020 $2,037 $44,430 $0 $0
2019 $2,037 $44,430 $0 $0
2018 $2,037 $44,430 $0 $0
2017 $2,037 $27,825 $0 $0
2016 $2,091 $0 $0 $0
2015 $2,091 $0 $0 $0
2014 $2,091 $0 $0 $0
Source: Public Records

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1327933

East Tennessee REALTORS® MLS

APN: 069AA-020

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