308 Knox Rd, Knoxville TN 37918

$399,000

308 Knox Rd, Knoxville, TN 37918

bedrooms

bathrooms

square feet

4,584

Acreage

0.48

Open Houses

year built

1940

Full Baths

Half Baths

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6 UNITS - FTN CITY - VACANT - FLOOD ZONE - Prequal required with all offers. Located in the heart of Fountain City, this vacant 6-unit building offers a unique opportunity for investors seeking a property with strong upside potential. Situated in a highly sought-after area, this building consists of 4 2-bedroom, 1-bath units and 2 1-bedroom, 1-bath units. While the property does require substantial work (please see videos of all interiors), it is a value add play. If you're looking to renovate and flip, to create long-term rental income, the prime location and desirable unit mix offer the perfect foundation to unlock its full potential. This property is within walking distance to Kroger, coffee shops, two different parks and many fast food chains. . Seller to close at Tennessee Valley Title Kimberly D Carmosino and requests Buyer do same. The seller has sourced two insurance quotes for this property from TIS Insurance. First quote is for $250k in coverage and is priced at $1,751 and the second quote is for $400k in coverage at $5,891 per month.

Location
Subdivision	-
County	Knox County - 1
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 1291013

Listing agent: Solange Velas

Listing broker: Goldman Partners Realty, Llc (865) 444-3241

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Last update: Saturday, March 8 2025 at 3:26 a.m. EST

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