$1,049,950
$49K PRICE DROP

Estimated payment $6,231/month

Total Views 93,750
-- Bed
-- Bath
5,626 Sq Ft
$187 Price per Sq Ft

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • Beaumont Magnet Academy Rated A-
  • Entrance Foyer
  • 1-minute walk to Baxter Avenue Park

About This Home

Step into a rare investment opportunity with this beautifully converted 7-unit Victorian-era building, originally constructed in 1899. This 5,626-sq-ft property blends the charm of Knoxville's architectural past with reliable modern cash flow. We have cleaned up the renter roster and will be filling vacancies or you can fill them yourself! Inside, each unit offers distinctive character — a mix of efficiency, one-bedroom, and two-bedroom apartments featuring high ceilings, vintage woodwork, and large windows that fill the spaces with natural light. Updated systems, off-street parking, make this a turnkey asset ready for continued success. Located just minutes from Downtown Knoxville, UT, major employers, and local entertainment districts. Property built before 1978 may contain lead-based paint.

Listing Agent

Christy Cj Pace

Pace Probity Asset Management License #258592 Listed on: 10/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,759

Year Built

  • Built in 1899

Home Design

  • Converted Dwelling
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Walk-in Shower
  • 5,626 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Range

Flooring

  • Wood
  • Vinyl

Parking

  • Gravel Driveway
  • On-Street Parking
  • On-Site Parking
  • Off-Street Parking

Additional Features

  • Covered Patio or Porch
  • Lot Dimensions are 75 x 131
  • Central Heating and Cooling System

Community Details

  • 7 Units
  • Cullen Prop Pt 11 Subdivision

Listing and Financial Details

  • Property Available on 10/23/25
  • The owner pays for lawn maintenance, insurance, common area maintenance, taxes, advertising, exterior maintenance, HVAC maintenance, roof maintenance
  • Assessor Parcel Number 081MS014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,759

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Directions: FROM Broadway SW (US-441): Go for 1.1 mi. Turn left onto Caswell Ave NE. Go for 328 ft. Turn slightly left onto Irwin St. Go for 98 ft. Turn right onto Cullen Pl. Go for 200 ft.
  • Prop. Type: Residential Income
  • Year Built: 1899
  • Lot Size: 75 x 131
  • Subdivision Name: Cullen Prop Pt 11
  • Contract Info:List PriceSqFt2: 186.62
  • General Property Description:Driveway: Gravel
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Owner Pays: Lawn Maintenance, Insurance, Common Area Maintenance, Taxes, Advertising, Exterior Maintenance, HVAC Maintenance, Roof Maintenance
  • Flooring: Hardwood, Vinyl, Luxury Vinyl Plank

Exterior Features

  • Construction Type: Frame, Vinyl Siding, Other
  • Patio And Porch Features: Porch - Covered
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Lot Info

  • Parcel #: 081MS014

Rental Info

  • Tenant Pays: Electricity, Cooling
  • Available Date: 2025-10-23

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 8759.1

Matterport 3D Tour

Floorplans

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $3,669 $236,120 $0 $0
2024 $8,759 $236,120 $0 $0
2023 $8,759 $236,120 $0 $0
2022 $8,759 $236,120 $0 $0
2021 $3,029 $66,080 $0 $0
2020 $3,029 $66,080 $0 $0
2019 $3,029 $66,080 $0 $0
2018 $3,029 $66,080 $0 $0
2017 $3,029 $41,300 $0 $0
2016 $2,575 $0 $0 $0
2015 $2,575 $0 $0 $0
2014 $2,575 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2025 11/25/25 Price Changed $1,049,950 -4.5% $187 / Sq Ft
10/23/2025 10/23/25 For Sale $1,099,000 +174.8% $195 / Sq Ft
01/31/2020 01/31/20 Sold $400,000 -- $71 / Sq Ft View Prior Sale
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Trustee Deed $698,079 None Listed On Document
Quit Claim Deed -- Crossland Title
Warranty Deed $612,000 Paramount Land Ttl Of Knoxvi
Warranty Deed $400,000 Paramount Land Ttl Of Knoxvi
Special Warranty Deed $165,000 Title Associates Of Knoxvill
Warranty Deed $149,900 First Security Title
Warranty Deed $70,000 Tennessee Valley Title Insur
Warranty Deed $170,000 Tennessee Valley Title Insur
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $550,000 Commercial
Previous Owner $832,000 Commercial
Previous Owner $260,000 Construction
Previous Owner $6,000 Unknown
Previous Owner $127,415 Commercial
Previous Owner $69,535 Commercial
Previous Owner $170,000 Construction
Source: Public Records

About the Listing Agent

Christy Cj Pace

Pace Probity Asset Management

(865) 345-5692

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Christy was originally licensed in 1996. I have continued my industry education and now I am a Broker and Owner of the firm, HouseSold Realty which is a dba of Pace Probity LLC. Christy is also a continuing education trainer for Realtors in the state of Tennessee. She has been in Knoxville since 4th grade and call it home! Christy is a mother of two beautiful daughters and a grandmother of two as well!

In her career Christy has specialized in listings through retail, residential

Christy Cj's Other Listings

  • Unlisted Address

    $1,849,950

    • 8,514 Sq Ft

    Outstanding investment opportunity—two multi-unit properties offered together at 1412 & 1418 Armstrong Ave on one deeded lot in Knoxville's desirable Old North area. Featuring 12 total units across two buildings, this versatile package delivers both steady long-term income and high-return short-term rental potential. We cleaned up the tenant roster and working on filling vacancies or you can get

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  • 6108 Easton Rd, Knoxville, TN 37920

    $339,900

    • 3 Beds
    • 1 Bath
    • 1,126 Sq Ft
    • 6108 Easton Rd
    • Knoxville, TN

    Welcome to Colonial Village in sought-after South Knoxville—an established, mid-century neighborhood known for mature trees, parks, and that ''SoKno'' lifestyle: minutes to downtown, Sevier Avenue dining, and the Urban Wilderness (Ijams + Baker Creek). This home has had the heavy lifting done with a new architectural-shingle roof, exterior improvements with a fresh neutral paint scheme,

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  • 8156 Pepperdine Way, Knoxville, TN 37923

    $339,000 Pending

    • 2 Beds
    • 2 Baths
    • 1,086 Sq Ft
    • 8156 Pepperdine Way
    • Knoxville, TN

    This is the one you've been waiting for! Completely updated from top to bottom, this stunning turn-key home combines elegant design with effortless living. Every inch has been thoughtfully renovated with high-end finishes and modern details throughout. Step inside to find luxury vinyl plank flooring, designer lighting, and a bright, open layout centered around a corner fireplace, creating a warm

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  • 2929 Innisbrook Dr, Maryville, TN 37801

    $599,900

    • 3 Beds
    • 5 Baths
    • 3,380 Sq Ft
    • 2929 Innisbrook Dr
    • Maryville, TN

    This spacious 3,380 sq ft brick and stone ranch-style home in the golf community of Royal Oaks offers incredible layout versatility and functional space throughout. Featuring 3 bedrooms, 3 full baths, 2 half baths, and a bonus room over the garage (with brand new carpet just installed!), the home is designed with a split bedroom plan and abundant storage. A welcoming entry opens to soaring

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  • Lot 93 Saddle Ridge Dr, Lafollette, TN 37766

    $19,900

    • Land
    • 1.04 Acres
    • $19,135 per Acre
    • Lot 93 Saddle Ridge Dr
    • Lafollette, TN

    Norris Lake lot! Build your dream home! Community barn with a horse paddock and horse trails, private boat launch and marina. Paved county roads, telephone and electric, wells and septic. Only a few higher end homes built in here so far. Mountain and water views on your way home every day. Serenity! Be one of the first here and enjoy the privacy!

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  • 135 Marble Bluff Dr, Kingston, TN 37763

    $574,900

    • 3 Beds
    • 3 Baths
    • 2,522 Sq Ft
    • 135 Marble Bluff Dr
    • Kingston, TN

    Additional pictures and Virtual Tour coming soon!This spacious log-style home in the Marble Bluff subdivision offers rustic, yet modern charm.Enjoy the large kitchen with granite countertops and gas cooktop, a vaulted living area with exposed beams, and an open loft. The interior is finished in warm wood throughout. The basement provides a garage, workshop area or additional storage,

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  • 102 Cabin Cir, Philadelphia, TN 37846

    $119,900 Pending

    • 2 Beds
    • 2 Baths
    • 1,216 Sq Ft
    • 102 Cabin Cir
    • Philadelphia, TN

    A charming 2-bedroom, 2-bath manufactured home set on a spacious elevated lot with beautiful hillside views. This home features an open living area and a large deck with expandable awnings perfect for entertaining or enjoying your morning coffee. Enjoy a low-maintenance lifestyle with vinyl siding, a metal skirting, and a gravel driveway with plenty of parking. The yard provides room to roam,

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  • 112 Redmon Rd, Wartburg, TN 37887

    $149,900

    • 2 Beds
    • 1 Bath
    • 1,824 Sq Ft
    • 112 Redmon Rd
    • Wartburg, TN

    This 2-bedroom, 1-bath property offers comfort, functionality, and excellent storage options. You will fall in love the 3/4 wrap around balcony. The floor plan offers a better feel than the square footage says, it has an ample sized living room and both bedrooms are very nice. The primary is the length of the back of the house!The basement has a long garage offering abundant space for

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  • 949 U S 25e, White Pine, TN 37890

    $729,000 Open Fri 1PM - 3PM

    • 5 Beds
    • 3.5 Baths
    • 3,603 Sq Ft
    • 949 U S 25e
    • White Pine, TN

    Set on 2.2 acres with mature trees and multiple driveways, this one-of-a-kind property offers both comfort and versatility. The main home features 5 bedrooms and 3.5 baths, including a spacious primary suite with walk-in closet, dressing room, and handicap-accessible bath that opens directly to a covered gazebo and ramped lawn area. An attached studio apartment with its own full kitchen, bath,

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Source: East Tennessee REALTORS® MLS

MLS Number: 1319536

East Tennessee REALTORS® MLS

APN: 081MS-014