Michael Osborne
Join Sign In

814 Midway Rd , Strawberry Plains, TN 37871

call for price
  • 814 Midway Rd , Strawberry Plains, TN 37871 Main Photo

59 Total Photos [Click to View All]

New to the Market Active
BEDS0 BATHS SQUARE FEET4,280 MLS#3231911
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Exceptional Income-Producing Property on 1.7 Unrestricted Acres - 5 Rental Units Total!Don't miss this rare investment opportunity featuring a fully renovated 4-plex and an additional single-family home, all situated on 1.7 unrestricted acres in a prime East Tennessee location. With all units currently leased, this turnkey property offers immediate cash flow and outstanding long-term investment potential.The 3,600-square-foot fourplex consists of four well-maintained units, each offering approximately 900 square feet of living space. Three units feature 2 bedrooms and 1 bathroom, while the fourth unit offers 1 bedroom and 1 bathroom. All units have been tastefully renovated and include private porches for tenants to enjoy. Additional amenities include an on-site coin-operated laundry facility, an 8x12 storage shed, and a durable metal roof that is only five years old.Adding even more value, the property includes a separate 680-square-foot single-family residence featuring 2 bedrooms, 1 bathroom, a laundry room, carport, and recent renovations throughout. A brand-new 10x14 storage shed is also located next to the home.Tenants and owners alike will appreciate the property's unique custom-built pickleball court, providing a highly desirable recreational amenity rarely found in investment properties.Conveniently located just 20 minutes from Knoxville, 15 minutes from Sevierville, 30 minutes from Gatlinburg, and only minutes from shopping, dining, entertainment, and interstate access, this property combines strong rental demand with exceptional location benefits.Whether you're looking to expand your investment portfolio or secure a high-performing income property, this one-of-a-kind opportunity delivers multiple income streams, recent updates, and unlimited potential with no restrictions.

814 Midway Rd | MLS# 3231911

This multi-family property located at 814 Midway Rd , Strawberry Plains, TN 37871 is currently listed for sale with an asking price of call for price. Search Strawberry Plains real estate on www.michaelosbornerealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 3
Heating: Central, Electric
Roof Type: Metal
Taxes: $1,969
Year Built: 1967

Feature Descriptions

Exterior: Stone, Vinyl Siding, Other, Brick
Flooring: Laminate
Laundry: Washer Hookup, Electric Dryer Hookup
Parcel#: 074 10201
Security: Smoke Detector(s)
Units: 5
Utilities: Electricity Available

Local Schools

High School: Carter High School
Middle School: Carter Middle School
Elementary School: Carter Elementary

Listed By / Shown By

Listed By

Agency Name: Wallace-Jennifer Scates Group
Agency Phone: 8654749874

Shown By

Agent Name: Michael Osborne
Agent Phone: (615) 397-5054
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: Nashville MLS

Estimate Your Payment

Estimated Payment

$ 164.08 per month $0.00 Principal & Interest $164.08 Property Tax $0.00 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel