719 NW Murray Drive Rd, Knoxville, TN 37912
$460,000
Property Type:
Multi-Family
Status:
Active
Current Price:
$460,000
List Date:
8/27/2026
Last Modified:
8/27/2026
Overview
Description
...
(Read more)
Value-add multifamily opportunity in Knoxville featuring four residential units with a mix of two
2BR/1BA and two 1BR/1BA units. The approximately 3,256-square-foot building sits on approximately 0.52 acres and offers an opportunity for an investor to complete renovations and reposition the property.
Three of the four units have been cleared and primed, leaving a largely blank canvas for a new
owner to complete finishes to their specifications. One unit remains occupied under a one-year lease, with the remaining three units currently vacant.
Significant capital improvements have been completed in recent years, including a newer roof, upgraded electrical service boxes, and new concrete and gutters, along with landscape cleanup and preparation of the vacant units for renovation.
The owner's improvement schedule identifies the roof, electrical service, concrete, unit preparation, landscape cleanup, and gutters among the recent work completed at the property.
With much of the initial preparation already complete, 719 Murray Drive offers an investor the opportunity to finish the units, establish new rents and bring the property back to stabilized
occupancy.
Listing Details MLS# 1353403
Location Tax Legal Info
- House #
- 719
- St Dir
- NW
- Street Name
- Murray Drive
- St Suffix
- Rd
- State/Province
- TN
- Zip Code
- 37912
- PIN #
- 068JA005
Contract Info
- Auction Y/N
- No
- Listing Price
- 460000
General Property Description
- Lot Dimensions
- 134x246xIRR
- Number of Units
- 4
- Utilities/Mo Avg
- 120
- 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:
Four Plex
Type of Units:
1 Bedroom Unit
Sale Includes:
Building and Land
Floors:
Laminate; Tile; Other
Tenant Expenses:
Electricity
Owner Expenses:
Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Lawn Maintenance; Taxes; Trash Collection; Water
Fuel:
Electric
Heat:
Ceiling; Central; Other
Cooling:
Window Unit(s)
Appliances:
Smoke Detector; Other
Construction:
Frame
Roof:
Shingle
Siding:
Brick; Other
Exterior Features:
Balcony; Shed; Windows - Aluminum
Other Rooms:
Bedroom Main Level; Other
Miscellaneous:
Balcony; Porch
New Financing:
Cash; Conventional; New Loan; Other
Showing:
See Agent Instructns
IDX
Listing Office:
Avison Young
Last Updated: August - 27 - 2026
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