711 Murray Drive, Knoxville, TN 37912
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
711 Murray Drive,Knoxville, TN 37912
$1,010,000
- - Beds
- - Baths
- 3,256 sq. ft.
- Multi-family
- Active
Listed by: lauren farmer
Office: avison young
MLS#:1353401
Source:TN_KAAR
Price summary
- Price:$1,010,000
- Price per sq. ft.:$310.2
About this home
711 Murray Drive & 719 Murray Drive offer the opportunity to acquire eight units across two adjacent four-unit multifamily properties. The properties total approximately 6,689 square feet on 1.32 acres. Each property includes two 2BR/1BA and two 1BR/1BA units, for a combined unit mix of four 2BR/1BA and four 1BR/1BA residences.
711 Murray Drive is fully leased with long-term tenancy in place and includes on-site laundry with the opportunity to expand tenant use. Recent improvements include a new driveway, deck, concrete, gutters, shed, and flooring improvements.
The adjacent 719 Murray Drive offers immediate value-add potential. One unit is currently occupied under a one-year lease, while the remaining three units have been cleared and primed, allowing a new owner to complete interior finishes and bring the units back online. Recent improvements include a newer roof, upgraded electrical service boxes, new concrete, and gutters.
Together, the properties offer a combination of existing rental income at 711 Murray Drive and renovation and lease-up potential at 719 Murray Drive.
Please note: 711 Murray Drive is available only as part of the combined offering and will not be sold separately. 719 Murray Drive may be purchased independently....
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Home facts
- Year built:1971
- Subdivision & Development:Miller Pt Lts 3 4
- Listing ID #:1353401
- Added:24 day(s) ago
- Updated:September 21, 2026 at 02:40 PM
Rooms and interior
- Flooring:Laminate, Tile
- Living area:3,256 sq. ft.
Heating and cooling
- Heating:Ceiling, Central, Electric
Structure and exterior
- Year built:1971
- Building area:3,256 sq. ft.
- Construction Materials:Frame
- Exterior Features:Balcony
Finances and disclosures
- Price:$1,010,000
- Price per sq. ft.:$310.2
Parking
- Parking description:Off-Street Parking
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