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About This Home
This 12-bedroom, 0-bathroom residential multi family at 814 Midway Rd in Strawberry Plains, TN is listed for $750,000 ($175 per sqft). Built in 1967, the home offers 4,280 sqft of living space on a 1.70 acres lot.
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 laundry 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, an
d 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.
Key Features
- Built in 1967
- 1.70 acre lot
Property Details
Amenities
Monthly Cost Estimate
$4,011/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
814 Midway Rd
Strawberry Plains, TN 37871
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 12-bedroom, 0-bathroom residential multi family at 814 Midway Rd is listed at $750,000 ($175/sqft). The estimated monthly payment is $3,250 based on 20% down at 6.5% interest.
Key features include: Built in 1967, 1.70 acre lot. Interior Features: Walk-In Closet(s), Pantry. Exterior Features: Balcony.
This property is listed by Jennifer Scates and can be reached at 4044039855 or jscates@wallacetn.com.


