$999,950
$99K PRICE DROP

Estimated payment $6,073/month

Total Views 266,579
-- Bed
-- Bath
5,626 Sq Ft
$178 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

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

Listing Agent

Christy Cj Pace

Pace Probity Asset Management License #258592 Listed on: 03/19/2026

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,759

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

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: 177.73
  • General Property Description:Driveway: Gravel
  • Special Features: VirtualTour
  • 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

Map

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
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
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

Section Image

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

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  • 6108 Easton Rd, Knoxville, TN 37920

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    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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  • 922 Poplar St, Alcoa, TN 37701

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    Well-located 3-bedroom, 2-bath home in the City of Alcoa offering a functional, open layout and generous living space. All bedrooms feature walk-in closets, and neutral finishes throughout provide a versatile foundation for a variety of design styles. Front and rear decks extend the living space outdoors, and the 12x15 detached storage building offers excellent flexibility for storage or hobbies.

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  • 156 River Ford Rd, Maryville, TN 37804

    $345,000 Pending

    • 4 Beds
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    MULTIPLE OFFERS RECEIVED - HIGHEST AND BEST DUE 1/29 1PM. MULTIPLE OFFER FORM MUST BE EMAILED IN. Spacious 4-bed, 2-bath two-story with basement, traditional home. Offers approximately 2,518 sq ft of finished living space plus unfinished basement for future expansion, on a full 1-acre lot. Built in 1992, the property features hardwood and beamed ceilings in living room and tons of charachter.

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  • 2929 Innisbrook Dr, Maryville, TN 37801

    $574,900

    • 3 Beds
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    • 2929 Innisbrook Dr
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    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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  • 655 Coal Hill Rd, Harriman, TN 37748

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    Located in the Coal Hill area of Harriman, this 2-bedroom, 1-bath cottage offers comfortable living in a quiet country setting. With approximately 680 square feet, the home features a simple, functional layout and sits on a .56-acre lot with a rural country feel. The property includes a fenced yard, deck, and carport parking, providing useful outdoor space for relaxing, gardening, or pets. With

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  • Lot 93 Saddle Ridge Dr, Lafollette, TN 37766

    $19,900

    • Land
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    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

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  • 949 U S 25e, White Pine, TN 37890

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    Set on 2.2 acres with mature trees and multiple driveways, this one-of-a-kind property offers both comfort and versatility. Some options beyond straight residential may be:A Type B Home Occupation could be allowed if all Article 7.1 criteria are met; Commercial uses like a store, repair shop, or personal service business may be permitted but you should confirm code specifics — some require

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Source: East Tennessee REALTORS® MLS

MLS Number: 1319536

East Tennessee REALTORS® MLS

APN: 081MS-014

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