- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Hot
Street View
$475,000
Monthly Est:$2,364
-- Bed
-- Bath
2,349sqft
476, E 482 & 490 Red Bud Rd, Knoxville, TN 37920
$475,000
$2,364/moEst:
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Multi Family
Built in 1972
$-- HOA
-- sqft lot
$202/sq.ft
Description
THREE RENTAL UNITS | $37,080 GROSS INCOME | SOUTH KNOXVILLE All three units are currently leased, generating $37,080 in annual gross rental income ($3,090/month). Annual operating expenses total approximately $13,933, **including HOA fees of $200 per month per unit**, resulting in an estimated net operating income of $23,147 and a **4.87% cap rate at the new $475,000 asking price**. At approximately $158,333 per unit, this package offers investors three established rental income streams in one purchase. Financial figures exclude property management fees and are subject to buyer verification.
- Houzeo last checked: 14 minutes ago
- Listing updated: October 29, 2026 at 4:44 pm
- Listing Provided by: Julie Carter (865) 209-9998 , Misty Cunningham | Keller Williams Signature (865) 588-9300
- Source: East Tennessee REALTORS® MLS-TN | MLS#: 1357074
This condo is in:
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1972
HOA Fees
-
Finished Area
2,349 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
East Tennessee REALTORS® MLS
MLS Number
1357074
MLS Status
Active
Days on Market
32
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Appliances
Dishwasher, Range, Refrigerator, Self Cleaning Oven
Cooling
Central Cooling
Heating
Central, Electric
Exterior Features
Balcony
Flooring
Carpet, Vinyl
Construction
Year Built
Year Built: 1972
Home type
Multi Family
Roof
Composition
Construction Materials
Brick
Utilities & Energy
Parking Features
On Premise Parking
Other Features
Subdivision Name
Redbud Condos Unit B6 5.8823% Com Elem
Tenant Pays
Water, Cooling, Heating, Electricity
Price History
| Date | Event | Price |
|---|---|---|
09/29/2026 Source: | Price Decreased | $475,000 -3.06% $202/sqft |
09/29/2026 Source: | Listed for Sale | $490,000 $209/sqft |
Find Homes by Property Features in Knoxville, TN
Based on information from the Knoxville Area Association of REALTORS MLS through Oct 31, 2026, 07:45PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Knoxville Area Association of REALTORS® MLS. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.
