311 Silver Place Knoxville, TN 37917
North Knoxville NeighborhoodEstimated payment $6,073/month
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
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 lead-based paint. Zoned RN-4
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
- Luxury Vinyl Plank Tile
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
Matterport 3D Tour
Floorplans
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2026 03/19/26 | For Sale | $999,950 | 0.0% | $178 / Sq Ft | |
| 03/02/2026 03/02/26 | Pending | -- | -- | -- | |
| 02/19/2026 02/19/26 | Price Changed | $999,950 | -4.8% | $178 / Sq Ft | |
| 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 |
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 | -- | -- |
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 |
About the Listing Agent
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
Source: East Tennessee REALTORS® MLS
MLS Number: 1319536
APN: 081MS-014
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Ask me questions while you tour the home.