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814 Midway Rd

Strawberry Plains, TN 37871
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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 laund ry 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $750,000

AD Id : 80716189

MLS Id : RTC3231911

Living Area Size : 4,280

Year Built : 1967

Garage : 3

County : Knox County

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Feature Features

  • Interior Features

    Roof: Metal Laundry Features: Washer Hookup, Electric Dryer Hookup

    Roofing Information

    Metal
  • Flooring Information

    Flooring: Laminate Construction Materials: Stone, Vinyl Siding, Other, Brick
  • Heating & Cooling

    Heating: Central, Electric Has Heating: Yes Cooling: Central Air Has Cooling: Yes

  • Building Information

    Year Built: 1967

  • Property Information

    Property Type: Residential Income

  • Listing Price Information

    Original List Price:$750000

  • Tax Information

    Annual Tax: $1969 Parcel Number: 074 10201

  • Parking Information

    Total Parking: 3

    Garage Information

    Has Garage: Yes Garage Space: 3

  • School Information

    Elementary School: Carter Elementary Junior High School: Carter Middle School Senior High School: Carter High School
  • Utility Information

    Electricity Available
  • Location Information

    City: Strawberry Plains Direction: From downtown Knoxville take I-40 E to exit 402 Midway Rd , Turn left onto Midway Road, property on right. No sign on property.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4504 Winslow Drive, Strawberry Plains, TN, 37871 $285,000 4 2 2,068 2,068 SqFt
10528 Thorngrove Pike, Strawberry Plains, TN, 37871 $525,000 3 1 1,186 1,186 SqFt
261 Laura Boiling Loop .., Strawberry Plains, TN, 37871 $299,995 4 2 2,186 2,186 SqFt
125 Barnes Lane, Strawberry Plains, TN, 37871 $1,299,900 4 2 2,800 2,800 SqFt
824 Midway Rd, Strawberry Plains, TN, 37871 $1,100,000 4 3 3,500 3,500 SqFt
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ByOwner last updated this listing 06/08/2026 @ 06:20

MLS: REALTRAC #3231911 LISTED BY: Jennifer Scates, Wallace-Jennifer Scates Group 865-474-9874 SOURCE: REALTRAC (RT RealTracs) (Listings courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID)

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