5216 Tillery Rd, Knoxville, TN 37912 (MLS# 1157503)

5216 Tillery Rd, Knoxville, TN 37912

$600,000

Property Type: Multi-Family Square Footage: 5,000 Lot Size (sq. ft.): 21,857 Status: Closed

Current Price: $600,000 List Date: 7/14/2021 Last Modified: 4/24/2026

Overview

Description

PRICE IS FIRM * SELLILNG AS-IS, NO REPAIRS * 5-UNIT TOWNHOMES * PRIME INCOME PRODUCING PROPERTY WITH SUBSTANTIAL RENT INCREASE * PROJECTED ANNUAL GROSS INCOME $66,000.00 * EACH UNIT OFFERS & OPEN FLOOR PLAN, 2-BEDROOMS, 1.5 BATHS, SPACIOUS CLOSETS, LAUNDRY ROOM OFF PRIVATE PATIO * 2014 NEW ROOF, STONE, VINYL SIDING & GUTTERS, MAINTENCE FREE EXTERIOR * ON CITY BUS LINE, WALKING DISTANCE TO SCHOOLS, LIBRARY, MEDICAL FACILITIES, VICTOR ASHE PARK, MAJOR SHOPPING, RESTAURANTS & WITHIN 5 MINUTES TO DOWNTOWN KNOXVILLE & UT * TENANTS ARE NOW MONTH TO MONTH DUE TO SELLING * UNITS ARE ON SEPARATE WATER METERS & BREAKER BOXES, TENANTS PAY ALL UTILITIES ACCEPT FOR PARKING LOT LIGHT.

Listing Details MLS# 1157503

Location Tax Legal Info

House #: 5216
Street Name: Tillery
St Suffix: Rd
State/Province: TN
Zip Code: 37912
PIN #: 080CB025
Subdivision: Clearview Hills Add 2 Pt 8

Contract Info

Auction Y/N: No
Listing Price: 600000

General Property Description

SqFt - Total (Aprox): 5000
Lot Dimensions: 124 X 176.55
Lot Size SqFt: 21857
Number of Units: 5
# Units Leased: 5
Utilities/Mo Avg: 27.67
Year Built: 1972
Property Status: N/A
Restrictions: Yes
Driveway: 12-Paved Parking
Lease Information: Fully Occupied

Status Change Info

Status Change Date: 2021-09-09
Under Contract Date: 2021-08-09
Sold Date: 2021-09-08

Location, Tax & Legal Info

Area: Knox County - 1
Community: Norwood
City/County Code: City Limits
Elementary School: Norwood
Middle School: Northwest
Total Tax: 4468.71
High School: Powell

Remarks & Misc

Directions: FROM 1-275 N TAKE EXIT 3 US-25W N TOWARDS CLINTON STAY TO THE LEFT CONTINUE ON CLINTON HWY. TO LEFT ON MERCHANTS RD. AT EXPO CENTER, TAKE LEFT ON TILLERY RD. TO TOWNHOUSES ON LEFT.
Public Remarks: PRICE IS FIRM * SELLILNG AS-IS, NO REPAIRS * 5-UNIT TOWNHOMES * PRIME INCOME PRODUCING PROPERTY WITH SUBSTANTIAL RENT INCREASE * PROJECTED ANNUAL GROSS INCOME $66,000.00 * EACH UNIT OFFERS & OPEN FLOOR PLAN, 2-BEDROOMS, 1.5 BATHS, SPACIOUS CLOSETS, LAUNDRY ROOM OFF PRIVATE PATIO * 2014 NEW ROOF, STONE, VINYL SIDING & GUTTERS, MAINTENCE FREE EXTERIOR * ON CITY BUS LINE, WALKING DISTANCE TO SCHOOLS, LIBRARY, MEDICAL FACILITIES, VICTOR ASHE PARK, MAJOR SHOPPING, RESTAURANTS & WITHIN 5 MINUTES TO DOWNTOWN KNOXVILLE & UT * TENANTS ARE NOW MONTH TO MONTH DUE TO SELLING * UNITS ARE ON SEPARATE WATER METERS & BREAKER BOXES, TENANTS PAY ALL UTILITIES ACCEPT FOR PARKING LOT LIGHT.

More Information

Income/Expenses

Gross Annual Income: 44000

Property Sub-Type

Five or Six Plex: Yes

Construction

Block: Yes
Frame: Yes
Masonry: Yes

Type of Units

2 Bedroom Unit: Yes
Townhouse: Yes
Unfurnished: Yes

Siding

Stone: Yes
Vinyl: Yes

Sale Includes

Building and Land: Yes
No Furnishings: Yes

Miscellaneous

Patio: Yes
Storage Space: Yes
TV Cable Available: Yes
Utility Room: Yes
Washer/Dryer Cnctns: Yes

Cooling

Ceiling Fan(s): Yes
Central Cooling: Yes

Floors

Carpet: Yes
Laminate: Yes
Vinyl: Yes

Garage/Parking

On Premise Parking: Yes

Tenant Expenses

Cooling: Yes
Electricity: Yes
Heating: Yes
Sewer: Yes
Telephone: Yes
Tenant Pays All Util: Yes
Water: Yes

Owner Expenses

Advertising: Yes
Common Area Maintenance: Yes
Exterior Maintenance: Yes
HVAC Maintenance: Yes
Lawn Maintenance: Yes
Taxes: Yes
Trash Collection: Yes
Other: Yes

Fuel

Electric: Yes

Heat

Central: Yes

Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes
Smoke Detector: Yes

Other Rooms

Other: Yes

Roof

Asphalt: Yes
Shingle: Yes

Exterior Features

Cable Available (TV Only): Yes
Patio: Yes
Porch - Covered: Yes
Windows - Aluminum: Yes

Misc Features

Internet Available: Yes
Walk-In Closet(s): Yes
Washer/Dryer Connect: Yes

New Financing

Cash: Yes
Conventional: Yes
New Loan: Yes

Showing

See Agent Instructns: Yes

Property Features

Property Sub-Type: Five or Six Plex Type of Units: 2 Bedroom Unit; Townhouse; Unfurnished Sale Includes: Building and Land; No Furnishings Floors: Carpet; Laminate; Vinyl Tenant Expenses: Electricity; Sewer; Telephone; Tenant Pays All Util; Water Owner Expenses: Advertising; Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Lawn Maintenance; Taxes; Trash Collection; Other Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Range; Refrigerator; Smoke Detector Construction: Block; Frame; Masonry Roof: Asphalt; Shingle Siding: Stone; Vinyl Exterior Features: Cable Available (TV Only); Patio; Porch - Covered; Windows - Aluminum Misc Features: Internet Available; Walk-In Closet(s); Washer/Dryer Connect Other Rooms: Other Miscellaneous: Patio; Storage Space; TV Cable Available; Utility Room; Washer/Dryer Cnctns New Financing: Cash; Conventional; New Loan Showing: See Agent Instructns

IDX

Listing Office: The Ferguson Company

Last Updated: April - 24 - 2026

Broker Attribution: 865-690-1300

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