814 Midway Rd Strawberry Plains, TN $ 750,000
814 Midway Rd
$ 750,000
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814 Midway Rd

Strawberry Plains, TN, 37871
$ 750,000
Baths0.0 Sq 4,280

Monthly Estimate*

$ 4,618

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Studio

Multi-Family Home for sale in Strawberry Plains, TN

for $750,000. This 4,280 square foot home was built in 1967.

Exceptional Income-Producing Property on 1.7 Unrestricted Acres - 5 Rental Units Total! Don't miss this rare investment opportunity featuring a fully renovated 4-plex and an additional single-family home, all situated on 1.7 unrestricted acres in a prime East Tennessee location. With all units currently leased, this turnkey property offers immediate cash flow and outstanding long-term investment potential. The 3,600-square-foot fourplex consists of four well-maintained units, each offering approximately 900 square feet of living space. Three units feature 2 bedrooms and 1 bathroom, while the fourth unit offers 1 bedroom and 1 bathroom. All units have been tastefully renovated and include private porches for tenants to enjoy. Additional amenities include an on-site coin-operated laundry facility, an 8x12 storage shed, and a durable metal roof that is only five years old. Adding even more value, the property includes a separate 680-square-foot single-family residence featuring 2 bedrooms, 1 bathroom, a laundry room, carport, and recent renovations throughout. A brand-new 10x14 storage shed is also located next to the home. Tenants and owners alike will appreciate the property's unique custom-built pickleball court, providing a highly desirable recreational amenity rarely found in investment properties. Conveniently located just 20 minutes from Knoxville, 15 minutes from Sevierville, 30 minutes from Gatlinburg, and only minutes from shopping, dining, entertainment, and interstate access, this property combines strong rental demand with exceptional location benefits. Whether you're looking to expand your investment portfolio or secure a high-performing income property, this one-of-a-kind opportunity delivers multiple income streams, recent updates, and unlimited potential with no restrictions.

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Multi-Family Active

Price

$ 750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,969

Style

Year Built

1967

Town/City

Strawberry Plains

County/Region

Knox

MLS | Web ID

3231911

Features
General
Living Area 4280
Heating Central Electric
Cooling Central Air
Utilities Electricity Available
Possession Close Of Escrow
Roof Metal
Garage Spaces 3
Security Features Smoke Detector(s)
Construction Materials Stone Vinyl Siding Other Brick
Year Built 1967
Tenant Pays Electricity
County Knox County TN
New Construction N
Property Type Residential Income
Attached Garage N
Garage Y/N Y
Rent Includes Other
Status Active
Buyer Financing VA Other Conventional
Directions From downtown Knoxville take I-40 E to exit 402 Midway Rd Turn left onto Midway Road property on right. No sign on property.
High School Carter High School
City Strawberry Plains
Senior Community Y/N N
Number Of Units Total 5
Lot Size Units Acres
Elementary School Carter Elementary
Year Built Details Existing
Tax Annual Amount 1969
Middle/Junior High School Carter Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Flooring Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Washer Hookup Electric Dryer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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Exterior
Total Parking 3
Building Area Total 4280
Lot Dimensions 0
Waterfront Y/N N
Covered Spaces 3
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Internal Only
Street Number 1 814
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* Excluded Features
List By
Wallace-Jennifer Scates Group

Broker

JScates@wallacetn.com

Email

Affordability Calculator

$4,782
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,618
Monthly Property Taxes
$164
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5259849 Elementary School
5148916 Middle School
Carter High School High School
Pricing History
DatePricePrice ChangeDescription
6/7/2026$750,000 Listed Price

Map


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814 Midway Rd, Strawberry Plains, TN, 37871 is a Multi-Family Home for sale at $750,000 with 4,280 sqft. 814 Midway Rd is a studio with 0.0 baths and was built in 1967. The property's zip code is 37871 which is in Strawberry Plains, TN