814 Midway Rd
814 Midway Rd, Strawberry Plains, TN 37871
$750,000
Listing #1343794
Listing courtesy of Wallace Jennifer Scates Group · Jennifer Scates
1 / 59Interested in this home?
Talk to a licensed Spring Mountain agent about 814 Midway Rd, Strawberry Plains, TN 37871 — price, condition, and whether it is still available.
About this property
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.
Listing #1343794 · East Tennessee REALTORS® MLS
Property facts
- Status
- Active
- Property type
- Multi-Family
- Bedrooms
- —
- Bathrooms
- 0
- Living area
- 4,280 sq ft
- Lot size
- 1.7 acres
- Year built
- 1,967
- County
- Knox County - 1
- Price / sq ft
- $175/sq ft
- Days on market
- 151
- MLS number
- 1343794
- Listing office
- Wallace Jennifer Scates Group
Features
- Walk-In Closet(s)
- Pantry
- Balcony
- Individual Carports
- On Premise Parking
- Carport
- Detached
Location
814 Midway Rd, Strawberry Plains, TN, 37871
Listing data courtesy of East Tennessee REALTORS® MLS
Listing content is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Spring Mountain Realty PLLC. All measurements, acreage, room counts, and permitted uses are approximate and should be independently verified by the buyer.
Properties marketed by brokerages other than Spring Mountain Realty PLLC are identified with the listing office name. Listings that a seller has excluded from internet display are not shown, and addresses are withheld where the seller has requested it.
Spring Mountain Realty PLLC is an Equal Housing Opportunity brokerage. We do not provide guidance on schools, demographics, or the composition of any area. Buyers are encouraged to research those subjects using independent public sources.
Free home valuation
What is your East Tennessee home worth today?
Get a value range built from recorded closed sales near you, then reviewed by a local listing agent. No obligation.