7101-7109 Wilson Dr, Knoxville, TN 37924

Description

INVESTMENT OPPORTUNITY! Four dwellings, multiple income streams, and approximately $59,400-$60,000 in potential annual gross rental income! This unique investment package includes four residential addresses at 7101, 7105, 7107, and 7109 Wilson Drive, all being sold together as one offering. The property consists of three traditional residential homes and one camper residence, providing an opportunity for investors to expand an existing portfolio or establish multiple rental income streams.

Currently generating $3,550 per month in gross rental income, three of the four dwellings are occupied, with the remaining home vacant and offering an estimated rental potential of $1,400-$1,450 per month. Once fully leased, the combined properties offer approximately $4,950-$5,000 in potential monthly gross income. All parcels are included in the sale and will not be divided or sold separately.

Each dwelling has its own water, electric, and septic system, with tenants responsible for their individual utilities and garbage service. The owner currently handles lawn care and general property maintenance. Recent improvements throughout the property include approximately three tons of gravel added to the driveway, along with several property-specific updates.

PROPERTY BREAKDOWN:

7101 Wilson Drive: 2-bedroom, 1-bath home offering approximately 625 square feet situated on approximately 0.50 acre. Currently rented for $1,400/month on a month-to-month basis, with tenancy dating back to 2024. Improvements include a complete re-pipe of all water lines (November 2025), new water heater with dedicated breaker (2026), AC unit (2022), vinyl windows, and a new shed (2024). Septic last pumped in 2022.

7105 Wilson Drive: 2-bedroom, 1-bath home offering approximately 825 square feet situated on approximately 0.75 acre. Currently vacant, with estimated rental potential of $1,400-$1,450/month. Improvements include a new septic system (2022), new water heater (2025), replacement of the underground water line extending over 200 feet from the street (2026), and new rear fencing (2026). Septic pumped April 2025.

7107 Wilson Drive: 1-bedroom, 1-bath camper residence situated on shared parcel 060EC004 with 7109 Wilson Drive. Currently rented for $800/month on a month-to-month basis, with tenancy dating back to 2022. Septic last pumped in 2022.

7109 Wilson Drive: 2-bedroom, 1-bath home offering over 800 square feet. Currently rented for $1,350/month. Improvements include a new water heater (December 2023), AC unit (2022), new flooring throughout, new rear fencing (2026), and septic system installed in 2022. Septic pumped April 2023.

With established rental history, separate utility systems, recent improvements, and additional income potential through the vacant dwelling, this is an opportunity to acquire multiple rental residences in one complete package. Bring your investment vision and explore the possibilities this multi-dwelling property has to offer!