2828 Colt DR Knoxville, TN 37918
4,727 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,727 sqft
Price per Sqft $125
Subdivision Rifle Range Estates Sub Unit 1
MLS Listing ID 1343358
Year Built 1974
Lot Size 0.380 Acres
Acres 0.38
Lot Dimensions IRR
Source East Tennessee REALTORS® MLS
Property Description
The property features three spacious 2-bedroom, 1.5-bath units, each with a full dining room, plus one larger 3-bedroom, 2.5-bath unit. All units include washer and dryer hookups, a highly desirable amenity for tenants. Tenants pay their own utilities, while the owner maintains the grounds, creating an efficient management structure.
Situated on a quiet dead-end street, the property offers ample on-site parking and a peaceful setting while remaining conveniently close to everyday amenities. A standout feature is the basement area, which includes three large storage rooms ideal for maintenance equipment, supplies, and building materials. These spaces may also present future value-add potential for additional income-producing units, subject to buyer verification and approval.
Located just off North Broadway in the desirable Halls community, the property is minutes from major restaurants, grocery stores, parks, ball fields, schools, and other conveniences. Downtown Knoxville is only 12 minutes away, making this an attractive location for tenants seeking both accessibility and a neighborhood feel.
Whether you're expanding an existing portfolio or seeking a turnkey investment with room for future growth, this income-producing property offers a compelling opportunity in one of Knoxville's most convenient and established rental markets.
Location
State TN
County Knox County - 1
Area 16663.26
Rooms
Other Rooms Basement Rec Room, Addl Living Quarter, Separate Dining Room
Interior
Heating Heat Pump, Central, Electric
Cooling Central Cooling, Ceiling Fan(s)
Flooring Carpet, Vinyl
Window Features Windows - Aluminum
Appliance Dishwasher, Disposal, Range, Refrigerator
Heat Source Heat Pump, Central, Electric
Exterior
Exterior Feature Doors - Storm, Deck, Patio, Windows - Aluminum
Parking Features Off-Street Parking, On Premise Parking
Garage Description Off-Street Parking, On Premise Parking
Roof Type Shingle
Porch true
Garage No
Building
Faces From I-75 N, take the exit onto Merchants Dr. Turn right onto Merchants Dr. Turn right onto Dry Gap Pike. Take a slight right onto Rifle Range Dr. Turn left onto Luger Rd. Turn left onto Colt Dr NE. Property on left.
Structure Type Brick
Schools
Elementary Schools Adrian Burnett
Middle Schools Halls
High Schools Halls
Others
Restrictions Yes
Tax ID 048KC004
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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