INCREDIBLE VALUE ADD OPPORTUNITY! ALL 2 BDRMS, BRICK, BUILT 1982, TENANTS PAY ALL UTILITIES. 16-2Bdrm 1 ba units on 4 separate lots. Great floorplans. $36,000/year upside. Units have centrral hvac, washer/dryer connections, eat-in kitchens, dishwashers & ample storage. Current owner has begun the process of upgrading units as they become vacant with all new kitchens and bathrooms, redone plumbing including new water heaters, LVT flooring throughout, new doors. 5 units have been completedy lifted. 4 units are vacant and available for a new owner to complete their upgrades. Upon remodel completions, redone units are now renting for $850-$900.
Multi-familyProperty Type
1982Year Built
0.96 acresLot Size
$103Price/Sq.Ft.
Listed by Solange Velas• Goldman Partners Realty, LLC
•865-368-2787 (agent)
•svelas@gprknoxville.com (agent)
•865-444-3240 (broker)
•sgoldman@gprknoxville.com (broker)
Bought with Solange Velas• Goldman Partners Realty, LLC
All brick 4 unit apartment building. There are 4 units in each building. Each unit has 2 bedrooms 1 bath. Each unit has a washer and dryer hookup, it's own electric, water and sewer hookup. The trash is picked up by the city. The unit is fully rented. The owner has 4 other units and will look favorably on an offer for all 5.
Knoxville MLS #947354
May 17, 2017
Listing Removed
—
Nov 30, 2015
Listed
$975,000
$67/sq ft
Knoxville MLS #838133
Oct 29, 2015
Listing Removed
—
Jan 28, 2015
Listed
$975,000
$67/sq ft
Knoxville MLS #817952
Sep 28, 2012
Listed
$975,000
$67/sq ft
Knoxville MLS #733265
Sep 30, 2010
Listed
$975,000
$67/sq ft
Knoxville MLS #620840
Jun 16, 2008
Listed
$1,175,000
$81/sq ft
Knoxville MLS #336533
Mar 8, 2004
Sold
$162,000
$11/sq ft
Oct 13, 2003
Listed
$170,200
$12/sq ft
Public Records
Apr 4, 2002
Sold
$1,720,000
$118/sq ft
Public Records
May 30, 2001
Sold
$127,000
$9/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,648 (+22.6%)
2024
$2,975 (−0.4%)
2023
$2,987
2022
$2,987 (−1.9%)
2021
$3,045
2020
$3,043 (−12.5%)
2019
$3,478 (+2.5%)
2018
$3,393
2017
$3,393 (+24.1%)
2014
$2,733
Tax history for 101-111 Raintree Ln
Year
Property tax
Land + Additions
Assessment*
2025
$3,648 (+22.6%)
2024
$2,975 (−0.4%)
2023
$2,987
2022
$2,987 (−1.9%)
2021
$3,045
2020
$3,043 (−12.5%)
2019
$3,478 (+2.5%)
2018
$3,393
2017
$3,393 (+24.1%)
2014
$2,733
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Directions: Take I-40. Exit 355. Left onto Lawnville, left onto Ladd Wright, right onto Kingston Hwy, left onto Bailey, right onto Paint Rock, left onto Woodlawn, left onto Willowbrook. Properties on the right starting at corner of Raintree & Willowbrook.