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Active 143 days on market

814 Midway Rd

Strawberry Plains, TN 37871 · Knox County

$750,000

Sq ft
4,280
Acres
1.7
Built
1967

Listing courtesy of Wallace Jennifer Scates Group · MLS #1343794

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

Home

Type
Residential Income
Year built
1967
Living area
4,280 sq ft
Garage
3-car
Parking
Individual Carports, On Premise Parking, Carport, Detached

Interior

Rooms
Family Room
Flooring
Laminate
Appliances
Refrigerator, Range
Features
Pantry, Walk-In Closet(s)
Also
Pantry, Walk-in Shower, Washer/Dryer Connect, Walk-In Closet(s), Internet Available

Exterior

Construction
Brick, Steel Frame, Stone, Vinyl Siding
Porch & patio
Patio
Other structures
Shed(s)

Land

Lot size
1.7 acres
Deed restrictions
None

Utilities

Heating
Central, Electric

Listing

MLS #
1343794
Status
Active
On market
143 days
Listed
Jun 7, 2026
Finances
Property tax
County only
Outside city limits
HOA
None
No association dues
Price per sq ft
$175
4,280 sq ft

Price history

Jun 7, 2026
Listed
$750,000

Accepted

  • Cash
  • Conventional
  • New Loan
  • VA Loan

Instant pre-approval

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Answer a few quick questions about your income and expenses by phone, and get pre-approved on the spot.

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Call (865) 535-7119
Location
County
Knox
ZIP
37871

Drive times

  • downtown Knoxville 20 min
  • Douglas Lake 25 min
  • Sevierville 25 min
  • UT Medical Center 25 min
  • Maryville 45 min
  • McGhee Tyson Airport 45 min
Approximate, by road

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Listing courtesy of Wallace Jennifer Scates Group. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1343794.