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
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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
- Morristown 45 min
- Pellissippi State 45 min
- Pigeon Forge 45 min
- Turkey Creek 45 min
- LaFollette 60 min
- Lenoir City 60 min
- ORNL 60 min
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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.