711 Murray Drive, Knoxville, TN 37912
$1,010,000
Property Type:
Multi-Family
Square Footage:
3,256
Status:
Active
Current Price:
$1,010,000
List Date:
8/27/2026
Last Modified:
8/27/2026
Overview
Description
...
(Read more)
711 Murray Drive & 719 Murray Drive offer the opportunity to acquire eight units across two adjacent four-unit multifamily properties. The properties total approximately 6,689 square feet on 1.32 acres. Each property includes two 2BR/1BA and two 1BR/1BA units, for a combined unit mix of four 2BR/1BA and four 1BR/1BA residences.
711 Murray Drive is fully leased with long-term tenancy in place and includes on-site laundry with the opportunity to expand tenant use. Recent improvements include a new driveway, deck, concrete, gutters, shed, and flooring improvements.
The adjacent 719 Murray Drive offers immediate value-add potential. One unit is currently occupied under a one-year lease, while the remaining three units have been cleared and primed, allowing a new owner to complete interior finishes and bring the units back online. Recent improvements include a newer roof, upgraded electrical service boxes, new concrete, and gutters.
Together, the properties offer a combination of existing rental income at 711 Murray Drive and renovation and lease-up potential at 719 Murray Drive.
Please note: 711 Murray Drive is available only as part of the combined offering and will not be sold separately. 719 Murray Drive may be purchased independently.
Listing Details MLS# 1353401
Location Tax Legal Info
- House #
- 711
- Street Name
- Murray
- St Suffix
- Drive
- State/Province
- TN
- Zip Code
- 37912
- PIN #
- 068JA004
- Subdivision
- Miller Pt Lts 3 4
Contract Info
- Auction Y/N
- No
- Listing Price
- 1010000
General Property Description
- SqFt - Total (Aprox)
- 3256
- Lot Dimensions
- IRR
- Number of Units
- 8
- # Units Leased
- 5
- Utilities/Mo Avg
- 240
- Year Built
- 1971
- Property Status
- N/A
- Driveway
- Asphalt & Concrete
Status Change Info
- Status Change Date
- 2026-08-27
More Information
Property Features
Property Sub-Type:
Other
Type of Units:
1 Bedroom Unit; 2 Bedroom Unit; Unfurnished; Other
Sale Includes:
Building and Land; No Furnishings; Other
Floors:
Laminate; Luxury Vinyl Plank; Tile; Other
Tenant Expenses:
Electricity
Owner Expenses:
Common Area Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Taxes; Water; Other
Fuel:
Electric
Heat:
Ceiling; Central; Other
Cooling:
Window Unit(s)
Construction:
Frame
Roof:
Shingle
Exterior Features:
Balcony; Patio; Shed; Windows - Aluminum
Other Rooms:
Bedroom Main Level; Family Room; Other
New Financing:
Cash; Conventional; New Loan; Other
Showing:
See Agent Instructns
IDX
Listing Office:
Avison Young
Last Updated: August - 27 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.