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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.

Agent Description

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

5 full
1967

Amenities

A/C

Monthly Cost Estimate

$4,011/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,250
Insurance$219

Estimates only. Actual payments may vary.

Location

814 Midway Rd

Strawberry Plains, TN 37871

Features & Amenities

Interior Features

Walk-In Closet(s)Pantry

Exterior Features

Balcony

Property Details

Flooring

Laminate

Construction

Steel Stone Vinyl Siding Brick

Pool Features

Patio

Parking

Carport

Heating

CentralElectric (Heating)

Cooling

Central Air

Appliances

RangeRefrigerator

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.

JS

Jennifer Scates

Agent at Wallace Jennifer Scates Group

(404) 403-9855

Listed by Wallace Jennifer Scates Group · View on Broker Site

MLS# 1343794· Source: listhub· Updated 1 days ago

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.

814 Midway Rd, Strawberry Plains, TN 37871

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