311 Silver Place, Knoxville, TN 37917
$999,950
Property Type:
Multi-Family
Square Footage:
5,626
Status:
Active
Current Price:
$999,950
List Date:
3/19/2026
Last Modified:
3/19/2026
Overview
Description
...
(Read more)
Well-located 7-unit multifamily opportunity in North Knoxville, recently taken over following foreclosure and management transition. Current ownership has completed roster cleanup, implemented a revised rent structure that includes a built-in water/sewer offset, and is actively refilling vacant units.
All units are operated as long-term rentals; no short-term rental income is assumed or required. This asset is best suited for a hands-on owner-operator seeking to complete lease-up and maximize cash flow through self-management and operational efficiency.
Utilities are individually metered where applicable, with owner covering common utilities and water/sewer. Income and expense figures reflect projected stabilized operations based on market-supported rents. Buyer to verify all information and perform independent due diligence.
Located just minutes from Downtown Knoxville, UT, major employers, and local entertainment districts.
Property built before 1978 may contain lead-based paint.
Zoned RN-4
Listing Details MLS# 1319536
Location Tax Legal Info
- House #
- 311
- Street Name
- Silver
- St Suffix
- Place
- State/Province
- TN
- Zip Code
- 37917
- PIN #
- 081MS014
- Subdivision
- Cullen Prop Pt 11
Contract Info
- Auction Y/N
- No
- Listing Price
- 999950
General Property Description
- SqFt - Total (Aprox)
- 5626
- Lot Dimensions
- 75 x 131
- Number of Units
- 7
- Utilities/Mo Avg
- 826.85
- Year Built
- 1899
- Property Status
- N/A
- Restrictions
- No
- Driveway
- Gravel
Status Change Info
- Status Change Date
- 2026-03-18
More Information
Property Features
Property Sub-Type:
House Converted
Type of Units:
Efficiency Unit; 1 Bedroom Unit; 2 Bedroom Unit
Sale Includes:
Building and Land
Floors:
Hardwood; Luxury Vinyl Plank; Vinyl
Tenant Expenses:
Electricity
Owner Expenses:
Advertising; Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Taxes
Fuel:
Electric
Heat:
Central
Cooling:
Ceiling Fan(s); Central Cooling
Appliances:
Range; Refrigerator
Construction:
Frame
Roof:
Metal
Siding:
Vinyl; Other
Exterior Features:
Porch - Covered
Misc Features:
Walk-in Shower
Other Rooms:
Foyer; Mstr Bdrm Main Level
New Financing:
Cash; Conventional; New Loan
Showing:
See Agent Instructns
IDX
Listing Office:
Pace Probity Asset Management
Last Updated: March - 19 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.