$550,000
$550,000
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314 Russell Rd Rockford, TN 37853
4,316 SqFt
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,316 sqft
Price per Sqft $127
Subdivision River View Add
MLS Listing ID 1304336
Sold Date 08/08/25
Year Built 1962
Source East Tennessee REALTORS® MLS
Property Description
This portfolio features four single family rental homes all adjacent to one another. The property brings in gross monthly rents of $2,500, but with two vacancies due to recent renovations the gross potential monthly rent is $5,150. Recent cap ex has been completed at all properties including new flooring, paint, kitchens, bathrooms, and more. Tenants pay all utilities at the properties. The properties are located in Rockford - with convenient access to both Knoxville and Maryville.
Addresses:
314 Russell Road,
316 Russell Road,
320 Russell Road, &
322 Russell Road,
Location
State TN
County Blount County - 28
Rooms
Other Rooms Other
Interior
Heating Central
Cooling Central Cooling
Flooring Vinyl
Heat Source Central
Exterior
Parking Features On Premise Parking
Garage Description On Premise Parking
Roof Type Shingle
Garage No
Building
Faces Take Old Knoxville Highway from Maryville, turn Left onto Williams Mill Rd at gas station,. Merge Right onto Russell Rd after stop sign. Homes on Right.
Structure Type Frame
Others
Tax ID 027B D 023.00
Energy Description Other Fuel
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
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