OFF MARKET

Off market mar 2021 for $783K

—

•

— ba

•

8,155

sq ft

464-496 E Red Bud Rd Unit Multi, Knoxville, TN 37920

About this home

BACK ON MARKET DUE TO FINANCING CONTINGENCY! Now is your opportunity to own the majority share of units in this South Knoxville Condo Complex. Super hot area minutes from Downtown and The University of Tennessee these rentals are NEVER empty. The Sokno area is hot & only getting hotter. Currently offered around 5% cap (using 2019 numbers), with 2020 projected earnings we would be at 6.6% cap. Market can easily bear rent increases. Potential cap minimum 7%. Fully occupied with qualified tenants. HOA in place with reserves. HOA dues are $120 per month per unit. Dues cover Water and Sewer, Insurance, Waste Removal and Grounds upkeep. Coin laundry and storage on site, Laundry equipment is negotiable. Meticulously maintained, slam dunk, turn key, smooth transition, money in the bank.

Multi-familyProperty Type

1972Year Built

$96Price/Sq.Ft.

Listed by Sarah Jones • House Hunters, Inc

•865-609-7654 (broker)

Bought with Sarah Jones • House Hunters, Inc

•865-609-7654 (broker)

Redfin checked: a few seconds ago

•Source:Knoxville MLS #1129853

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 37920, TN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.0%

0.3% MoM

Median sale price

$370K

$10K MoM

Avg. days on market

56d

4 days MoM

Recently sold homes

234

43 MoM

New listings for sale

COMING SOON
$299,900
2 beds1 bath1,152 sq ft
6900 Sevierville Pike, Knoxville, TN 37920
(865) 484-0660
NEW 28 HRS AGO
$327,525
3 beds2.5 baths1,498 sq ft
4280 Juliette Elise St, Knoxville, TN 37920
(865) 338-5650
NEW 28 HRS AGO
$334,735
4 beds2.5 baths1,658 sq ft
3107 Caroline Grace St, Kimberlin Heights, TN 37920
(865) 338-5650
NEW 31 HRS AGO
$529,000
4 beds3 baths2,175 sq ft
2511 Golden Trout Dr, Knoxville, TN 37920
$255,000
3 beds1 bath1,044 sq ft
2209 Lloyd Ave, Knoxville, TN 37920
(844) 591-7325
$315,000
3 beds2 baths1,423 sq ft
420 Hialeah Dr, Knoxville, TN 37920
$220,000
2 beds1 bath932 sq ft
7421 Sevierville Pike, Knoxville, TN 37920
(865) 977-0770
$299,000
2 beds1 bath1,031 sq ft
7421 W Dick Ford Ln, Knoxville, TN 37920
(423) 663-6273
$130,000
3 beds2 baths1,232 sq ft
9107 Pickens Gap Rd, Knoxville, TN 37920
(865) 335-1000
$340,000
3 beds2 baths1,860 sq ft
5608 Chapman Hwy, Knoxville, TN 37920
(480) 462-5392
See all

Provided by Redfin

Sale history for 464-496 E Red Bud Rd Unit Multi

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Other

County

Knox County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 15, 2020.

RN-5

General Residential Neighborhood Zoning District

The RN-5 General Residential Neighborhood Zoning District is intended to accommodate medium density residential neighborhoods in the City of Knoxville comprising a heterogeneous mix of single-family, two-family, townhouse, and multi-family dwellings. The RN-5 District may also serve as a functional transition between traditionally single-family and two-family residential neighborhoods within the City, and more intensely developed residential or commercial areas. Limited nonresidential uses that are compatible with the character of the district may also be permitted.

Permitted uses

Include but are not limited to:

Community / recreation center
Garden center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational / school
Housing-Mobile home park
Park & open space

Property details

Parking

Garage Information
Parking Features: On Premise Parking, Off-Street Parking

Interior

Interior Features
Interior Features: Pantry, Walk-In Closet(s)
Appliances: Dishwasher, Smoke Detector, Refrigerator, Microwave
Flooring: Laminate, Vinyl, Tile

Exterior

Exterior Features
Exterior Features: Windows - Vinyl, Patio, Cable Available (TV Only), Balcony
Construction Materials: Brick, Block

Property Information
Living Area Source: Master Deed
Building Area Total: 8,155

Lot Information
Lot Size Dimensions: n/a

Financial

Tax Information
City Taxes: $3,267
County Taxes: $3,794.23
Total Tax: $7,061.23

Utilities

Heating & Cooling
Heating YN: Yes
Heating: Heat Pump, Electric
Cooling YN: Yes
Cooling: Central Cooling

Location

Multi-Family Information
# Of Units Total: 11
Gross Income: $75,218
Operating Expense: $33,944
Net OperatingIncome: $41,274
Owner Pays: Taxes, Insurance

Unit Type 1 Information
Beds Total: 1

Unit Type 2 Information
Beds Total: 1

Unit Type 3 Information
Beds Total: 1

Unit Type 4 Information
Beds Total: 1

Unit Type 5 Information
Beds Total: 1

Unit Type 6 Information
Beds Total: 2

Unit Type 7 Information
Beds Total: 2

Unit Type 8 Information
Beds Total: 2

Unit Type 9 Information
Beds Total: 2

Unit Type 10 Information
Beds Total: 2

School Information
Elementary School: Dogwood
Middle Or Junior School: South Doyle
High School: South Doyle

Location Information
Directions: Chapman Hwy South to Left on E Red Bud Rd, follow to building on Right. Easy access also from Sevierville Pike to Right on Red Bud, Building on Left.
Unparsed Address: 464-496 E Red Bud Rd, Multi, Knoxville, TN 37920

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Other
Year Built: —
Year Renovated: —
County: Knox County
APN: —

Home facts updated by county records on Sep 15, 2020

Around this home

Schools

Dogwood Elementary School

Public PreK-5 • Assigned • 1.4mi

4/10

South Doyle Middle School

Public 6-8 • Assigned • 0.8mi

4/10

South Doyle High School

Public 9-12 • Assigned • 3.3mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

6 days above 103° expected this year, 16 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Knoxville, TN • 37920

Average low and high temperatures (°F)

Jan

Feb

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Apr

May

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Jul

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Sun exposure

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New listings for sale in 37920

COMING SOON

$299,900

2 beds1 bath1,152 sq ft

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(865) 484-0660

NEW 28 HRS AGO3D WALKTHROUGH

$327,525

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(865) 338-5650

NEW 28 HRS AGO3D WALKTHROUGH

$334,735

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3107 Caroline Grace St, Kimberlin Heights, TN 37920

(865) 338-5650

NEW 31 HRS AGO

$529,000

4 beds3 baths2,175 sq ft

2511 Golden Trout Dr, Knoxville, TN 37920

$255,000

3 beds1 bath1,044 sq ft

2209 Lloyd Ave, Knoxville, TN 37920

(844) 591-7325

$315,000

3 beds2 baths1,423 sq ft

420 Hialeah Dr, Knoxville, TN 37920

$220,000

2 beds1 bath932 sq ft

7421 Sevierville Pike, Knoxville, TN 37920

(865) 977-0770

$299,000

2 beds1 bath1,031 sq ft

7421 W Dick Ford Ln, Knoxville, TN 37920

(423) 663-6273

$130,000

3 beds2 baths1,232 sq ft

9107 Pickens Gap Rd, Knoxville, TN 37920

(865) 335-1000

Home values near 464-496 E Red Bud Rd Unit Multi

Data from public records.

Address	Redfin Estimate
490 E Red Bud Road, Knoxville, TN 2 Beds \| 1 Baths \| 783 Sq. Ft.	$198,338
478 E Red Bud Road, Knoxville, TN 2 Beds \| 1 Baths \| 783 Sq. Ft.	$225,770

Address	Redfin Estimate
488 E Red Bud Road, Knoxville, TN 2 Beds \| 1 Baths \| 783 Sq. Ft.	$180,018
470 E Red Bud Road, Knoxville, TN 1 Beds \| 1 Baths \| 783 Sq. Ft.	$243,105

Address	Redfin Estimate
480 E Red Bud Road, Knoxville, TN 2 Beds \| 1 Baths \| 783 Sq. Ft.	$192,632
468 E Red Bud Road, Knoxville, TN 1 Beds \| 1 Baths \| 783 Sq. Ft.	$229,508

Property information provided by Knoxville MLS when last listed in 2020. This data may not match . Learn more.

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