This versatile 4-plex represents a premier investment opportunity situated in a high-demand rental pocket. Tenants will love the convenience and walkability of this prime location, ensuring steady demand and consistent monthly cash flow. With four distinct units generating separate income streams, this property significantly mitigates vacancy risk while serving as an incredible wealth-building asset from day one. What truly sets this property apart is its rare commercial zoning, offering an unmatched level of versatility and long-term equity upside. Investors can comfortably collect traditional residential rent today while holding a highly valuable piece of commercial land for tomorrow. Whether you are looking to expand your portfolio with immediate cash flow, execute a strategic ''house-hack,'' or bank on future land appreciation, this property delivers the ultimate real estate trifecta. Opportunities that seamlessly blend residential income with commercial development potential do not stay on the market long. Contact us today to schedule your private tour.
Details
MLS #
3246542
Listing Type
For Sale
Sub-Type
Resale
Status
Active Under Contract
Year
1948
Days On Site
70
Listing Provided By
Young Marketing Group, Realty Executives | Carl Young
Features
Units
4
Taxes
Property
2276
Area Information
State
TN
County
Knox County
City
Knoxville
Zip Code
37914
Area
Knox County | TN
Community Name
Lake Park Spgs Add
School District
Austin East High/Magnet
Elementary School
Spring Hill Elementary
High School
Austin East High/Magnet
Listing VS Median (in Lake Park Spgs Add)
Price: $275,000
low | high
Med: $150,000
95.454545454545% of Average
On site: 70
low | high
Med: 70
100% of Average
Sourced by Back At You
Market Activity 37914
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Jul 2026
Sales: 3
Avg $ Per SqFt: $198.04
Min Sale Price: $265,000
Max Sale Price: $720,000
Med Sale Price: $327,000
Date: Jun 2026
Sales: 2
Avg $ Per SqFt: $211.99
Min Sale Price: $217,500
Max Sale Price: $425,000
Med Sale Price: $321,250
Date: May 2026
Sales: 1
Avg $ Per SqFt: $218.75
Min Sale Price: $245,000
Max Sale Price: $245,000
Med Sale Price: $245,000
Date: Apr 2026
Sales: 5
Avg $ Per SqFt: $226.86
Min Sale Price: $180,000
Max Sale Price: $932,900
Med Sale Price: $286,000
Date: Mar 2026
Sales: 4
Avg $ Per SqFt: $204.33
Min Sale Price: $153,000
Max Sale Price: $330,000
Med Sale Price: $220,000
Date: Feb 2026
Sales: 6
Avg $ Per SqFt: $192.3
Min Sale Price: $201,000
Max Sale Price: $740,000
Med Sale Price: $273,700
Date: Jan 2026
Sales: 324
Avg $ Per SqFt: $143.84
Min Sale Price: $2,000
Max Sale Price: $800,000
Med Sale Price: $204,000
Date: Dec 2025
Sales: 6
Avg $ Per SqFt: $246.63
Min Sale Price: $212,500
Max Sale Price: $462,000
Med Sale Price: $302,450
Date: Nov 2025
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $45,000
Max Sale Price: $45,000
Med Sale Price: $45,000
Date: Oct 2025
Sales: 8
Avg $ Per SqFt: $204.82
Min Sale Price: $197,000
Max Sale Price: $510,000
Med Sale Price: $270,500
Date: Sep 2025
Sales: 5
Avg $ Per SqFt: $163.35
Min Sale Price: $20,000
Max Sale Price: $370,000
Med Sale Price: $205,000
Date: Aug 2025
Sales: 1
Avg $ Per SqFt: $197.17
Min Sale Price: $265,000
Max Sale Price: $265,000
Med Sale Price: $265,000
Sourced by Back At You
Jul 2026
Sales:
3
Avg $ Per SqFt:
$198.04
Min Sale Price:
$265,000
Max Sale Price:
$720,000
Med Sale Price:
$327,000
Jun 2026
Sales:
2
Avg $ Per SqFt:
$211.99
Min Sale Price:
$217,500
Max Sale Price:
$425,000
Med Sale Price:
$321,250
May 2026
Sales:
1
Avg $ Per SqFt:
$218.75
Min Sale Price:
$245,000
Max Sale Price:
$245,000
Med Sale Price:
$245,000
Apr 2026
Sales:
5
Avg $ Per SqFt:
$226.86
Min Sale Price:
$180,000
Max Sale Price:
$932,900
Med Sale Price:
$286,000
Mar 2026
Sales:
4
Avg $ Per SqFt:
$204.33
Min Sale Price:
$153,000
Max Sale Price:
$330,000
Med Sale Price:
$220,000
Feb 2026
Sales:
6
Avg $ Per SqFt:
$192.3
Min Sale Price:
$201,000
Max Sale Price:
$740,000
Med Sale Price:
$273,700
Jan 2026
Sales:
324
Avg $ Per SqFt:
$143.84
Min Sale Price:
$2,000
Max Sale Price:
$800,000
Med Sale Price:
$204,000
Dec 2025
Sales:
6
Avg $ Per SqFt:
$246.63
Min Sale Price:
$212,500
Max Sale Price:
$462,000
Med Sale Price:
$302,450
Nov 2025
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$45,000
Max Sale Price:
$45,000
Med Sale Price:
$45,000
Oct 2025
Sales:
8
Avg $ Per SqFt:
$204.82
Min Sale Price:
$197,000
Max Sale Price:
$510,000
Med Sale Price:
$270,500
Sep 2025
Sales:
5
Avg $ Per SqFt:
$163.35
Min Sale Price:
$20,000
Max Sale Price:
$370,000
Med Sale Price:
$205,000
Aug 2025
Sales:
1
Avg $ Per SqFt:
$197.17
Min Sale Price:
$265,000
Max Sale Price:
$265,000
Med Sale Price:
$265,000
MLS Number: 3246542
Carl Young – (865) 281-1321 – carl@ymgproperties.com
Young Marketing Group, Realty Executives – (865) 281-1321 – dan@dangreenrealtor.com
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Listings courtesy of RealTracs MLS as distributed by MLS GRID.
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MLS Number: 3246542
Carl Young – (865) 281-1321 – carl@ymgproperties.com
Young Marketing Group, Realty Executives – (865) 281-1321 – dan@dangreenrealtor.com