$725,000
PENDING $50K PRICE DROP

7301 Burnett Creek Rd Knoxville, TN 37920

Estimated payment $4,107/month

Total Views 2,286
-- Bed
-- Bath
3,968 Sq Ft
$183 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • ENERGY STAR Qualified Windows
  • Carpet
  • Central Heating and Cooling System
  • Wood Fence

About This Home

FOUR UNITS ONE PROPERTY !!! Duplex 1 built in 2019, Duplex 2 built in 2021. All units of 992 sq ft each. Units are only 4 and 6 years old, No Remodeling Required. Main floor includes 1/2 bath, Large eat-in kitchen with appliances (dishwasher, microwave, range/oven, refrigerator), Large laundry closet, and Spacious Living area. The upper level has 2 spacious bedrooms with extra closet space and 1 full bath. Exterior has covered front porch, a grilling back patio and very level yard area out of any door. These units are well insulated for low utility bills from KUB. Each unit is individually metered for water/electric and has pressurized sewer pumps. High-speed internet is available. Each unit comes with 2 off-the-street parking spots.
Units are currently rented and have a vacancy waiting list. Yearly income is approximately $62,000 with yearly expenses approximately $5,800 (includes seasonal lawn care, county taxes, insurance, and security street light).
Burnett Creek Road provides convenient travel to downtown Knoxville, UT campus, Johnson University in 15 minutes. Less than 30 minutes to Sevierville and Great Smoky Mountains National Park. Shopping 7 minutes away in the Chapman Hwy area.

Listing Agent

Leah Preston

Southern Homes & Farms, LLC License #378275 Listed on: 08/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,337

Year Built

  • Built in 2019

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 294.79x219.44x274.07
  • Wood Fence

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,968 Sq Ft Home
  • Wired For Data
  • ENERGY STAR Qualified Windows
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Internet Available
  • Cable TV Available

Community Details

  • 4 Units
  • Operating Expense $5,800

Listing and Financial Details

  • The owner pays for roof maintenance, lawn maintenance, HVAC maintenance, exterior maintenance, common area maintenance, advertising, taxes, insurance
  • Assessor Parcel Number 125IA029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,337

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Directions: E Governor John Sevier Hwy (TN-168), turn onto Dewey Burnett Lane, turn left on Burnett Creek Road, property is an immediate left (7301, 7303, 7305, & 7307 Burnett Creek Road) DO NOT DISTURB TENANTS!!! SHOWN By APPOIMTMENT ONLY !!
  • Prop. Type: Multi-Family
  • Year Built: 2019
  • Lot Size Acres: 0.73
  • Lot Size: 294.79x219.44x274.07
  • General Property Description:Lot Size SqFt: 31878.7
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Wired for Internet: Yes
  • General Property Description:Driveway: recycled asphalt
  • Roof:Shingle: Yes
  • Property Sub-Type:Four Plex: Yes
  • Miscellaneous:WasherDryer Cnctns: Yes
  • Misc Features:Internet Available2: Yes
  • Property Sub-Type:Duplex: Yes
  • Roof:Composition: Yes
  • Miscellaneous:TV Cable Available: Yes
  • Roof:Asphalt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Owner Pays: Roof Maintenance, Lawn Maintenance, HVAC Maintenance, Exterior Maintenance, Common Area Maintenance, Advertising, Taxes, Insurance
  • Flooring: Carpet, Vinyl
  • Window Features: Window - Energy Star
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Other27: Yes

Exterior Features

  • Construction Type: Vinyl Siding, Frame
  • Patio And Porch Features: Porch - Covered, Patio
  • Roof: Shingle, Fiberglass, Composition, Asphalt
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Window - Energy Star: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking, On Premise Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:On Premise Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Heat Pump, Central, Electric
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 31878.7
  • Parcel #: 125IA029

Rental Info

  • Tenant Pays: Water, Sewer, Telephone, Cooling, Heating, Electricity

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 62220.0
  • Annual Operating Expense: 5800.0

Tax Info

  • Tax Annual Amount: 3337.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $3,336 $214,680 $0 $0
2023 $3,336 $214,680 $0 $0
2022 $3,336 $214,680 $0 $0
2021 $3,928 $185,280 $0 $0
2020 $1,844 $86,960 $0 $0
2019 $1,538 $72,560 $0 $0
2018 $53 $2,500 $0 $0
2017 $53 $2,500 $0 $0
2016 $58 $0 $0 $0
2015 $58 $0 $0 $0
2014 $58 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Pending -- -- --
09/05/2025 09/05/25 Price Changed $725,000 -6.5% $183 / Sq Ft
08/01/2025 08/01/25 For Sale $775,000 -- $195 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $60,000 Tallent Title
Quit Claim Deed -- Russell Ryan L
Warranty Deed $25,000 Secure Title Agency Inc
Deed $4,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $190,000 Construction
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1310455

East Tennessee REALTORS® MLS

APN: 125IA-029