About This Home

This 6-bedroom, 0-bathroom residential multi family at 719 NW Murray Drive Rd in Knoxville, TN is listed for $460,000. Built in 1971, on a N/A lot.

Key Features

  • Built in 1971

Property Details

4 full
1971

Amenities

A/C
Listing Description

Value-add multifamily opportunity in Knoxville featuring four residential units with a mix of two 2BR/1BA and two 1BR/1BA units. The approximately 3,256-square-foot building sits on approximately 0.52 acres and offers an opportunity for an investor to complete renovations and reposition the property.

Three of the four units have been cleared and primed, leaving a largely blank canvas for a new owner to complete finishes to their specifications. One unit remains occupied under a one-year lease, with the remaining three units currently vacant. Significant capital improvements have been completed in recent years, including a newer roof, upgraded e

lectrical service boxes, and new concrete and gutters, along with landscape cleanup and preparation of the vacant units for renovation. The owner's improvement schedule identifies the roof, electrical service, concrete, unit preparation, landscape cleanup, and gutters among the recent work completed at the property. With much of the initial preparation already complete, 719 Murray Drive offers an investor the opportunity to finish the units, establish new rents and bring the property back to stabilized occupancy.

Monthly Cost Estimate

$2,460/mo

20% down · 6.5% · 30 years

Principal$333
Interest$1,993
Insurance$134

Estimates only. Actual payments may vary.

Location

719 NW Murray Drive Rd

Knoxville, TN 37912

Features & Amenities

Exterior Features

Balcony

Property Details

Flooring

TileLaminate

Construction

Brick Frame

Parking

Off Street

Heating

Electric (Heating)CentralCeiling

Cooling

Window Unit(s)

Questions & Answers

This 6-bedroom, 0-bathroom residential multi family at 719 NW Murray Drive Rd is listed at $460,000. The estimated monthly payment is $2,460 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1971. Exterior Features: Balcony.

This property is listed by Lauren Farmer.

LF

Lauren Farmer

Agent at Cornerstone Commercial Real Estate Services of Knoxville LLC

Listed by Cornerstone Commercial Real Estate Services of Knoxville LLC · Broker phone: (865) 450-8883 · View on Broker Site · Broker website

MLS# 1353403· Source: East Tennessee Realtors®· 65 days on PropertySimple

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

719 NW Murray Drive Rd, Knoxville, TN 37912

Open this listing in: