$750,000
 $4,026 est/mo Sourced by Back At You

814 Midway Rd,Strawberry Plains, TN 37871

Strawberry Plains, TN 37871

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Description

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.

Details

MLS #3231911
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1967
Days On Site106
Listing Provided ByWallace-Jennifer Scates Group | Jennifer Scates

Features

SQ Feet4,280
Garage3
Units5

Parking

Garage Yes / NoYes

Taxes

Property1969

Area Information

StateTN
CountyKnox County
CityStrawberry Plains
Zip Code37871
AreaKnox County | TN
School DistrictCarter High School
Elementary SchoolCarter Elementary
High SchoolCarter High School
Listing VS Median (in 37871)
Price:
$750,000
low | high
Med:
$398,450
96.873333333333% of Average
sqft:
4,280
low | high
Med:
1,826
100% of Average
$ / sqft:
$175
low | high
Med:
$221
23.98785899935% of Average
On site:
106
low | high
Med:
52.5
100% of Average
Sourced by Back At You

Market Activity 37871

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 Listings courtesy of RealTracs MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of September 21, 2026 at 6:55:38 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTN
CountyKnox County
CityStrawberry Plains
Zip Code37871
AreaKnox County | TN
School DistrictCarter High School
Elementary SchoolCarter Elementary
High SchoolCarter High School
Listing VS Median (in 37871)
Price:
$750,000
low | high
Med:
$398,450
96.873333333333% of Average
sqft:
4,280
low | high
Med:
1,826
100% of Average
$ / sqft:
$175
low | high
Med:
$221
23.98785899935% of Average
On site:
106
low | high
Med:
52.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $562K - $937K
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
824 Midway Rd Property Photo 1
$1,100,000
824 Midway Rd
Strawberry Plains, TN 37871
Listing Updated: August 18, 2026 at 11:00:10 PM PDT