313 Gayview Drive, Knoxville, TN 37920 (MLS# 1350067)

313 Gayview Drive, Knoxville, TN 37920

$395,000

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Property Type: Single Family Bedrooms: 4 Square Footage: 3,056 Lot Size (sq. ft.): 13,939 Status: Active

Current Price: $395,000 List Date: 7/30/2026 Last Modified: 9/17/2026

Overview

Description

This is the investment opportunity you've been waiting for! Whether you're looking to expand your rental portfolio, house multiple generations under one roof, or capitalize on a high cash-flow property, this one checks every box. The main level offers a warm and inviting layout featuring 2 spacious bedrooms and 2 bathrooms. The kitchen comes fully equipped with a range, refrigerator, and dishwasher, while the dedicated laundry room includes a washer and dryer for added convenience. Beautiful hardwood and tile flooring flow throughout the home, and the covered back deck provides the perfect space to relax or entertain guests. One of the bathrooms has already been gutted and is plumbed, giving the next owner an excellent opportunity to finish the space with their own style and selections while adding immediate value to the property. The HVAC system is not currently operational; however, the sellers are actively working to have it repaired, offering added peace of mind for the futur ... (Read more) This is the investment opportunity you've been waiting for! Whether you're looking to expand your rental portfolio, house multiple generations under one roof, or capitalize on a high cash-flow property, this one checks every box. The main level offers a warm and inviting layout featuring 2 spacious bedrooms and 2 bathrooms. The kitchen comes fully equipped with a range, refrigerator, and dishwasher, while the dedicated laundry room includes a washer and dryer for added convenience. Beautiful hardwood and tile flooring flow throughout the home, and the covered back deck provides the perfect space to relax or entertain guests. One of the bathrooms has already been gutted and is plumbed, giving the next owner an excellent opportunity to finish the space with their own style and selections while adding immediate value to the property. The HVAC system is not currently operational; however, the sellers are actively working to have it repaired, offering added peace of mind for the future owner. What truly sets this property apart is the fully finished lower level, thoughtfully designed into two separate living quarters, each with its own private entrance--creating exceptional income potential. The first apartment features its own living area, full kitchen with range and refrigerator, private bedroom, full bathroom, and closet. The second apartment offers an equally impressive setup with a private living area, kitchen with range and refrigerator, bedroom, full bathroom, closet, plus an additional half bath--a rare and highly desirable feature for tenants. The basement units share a conveniently located laundry room equipped with a washer and dryer, adding even more functionality for occupants.To help the next owner plan for maximizing the space, estimates for the installation of mini-split HVAC systems have already been obtained for the basement apartments. This provides a clear path for adding independent climate control while enhancing the property's long-term rental potential. Positioned in one of South Knoxville's most sought-after areas, this property is just minutes from the Smoky's Baseball Stadium Downtown, Two of Knoxville's largest quarries: Fort Dickerson and Meads, University of Tennessee, UT Medical Center, Ijams Nature Center, and an easy drive to The Smoky Mountains. Properties with this kind of versatility are becoming increasingly difficult to find. With three independent living spaces under one roof, private entrances for the basement apartments, and tremendous rental potential, this property is positioned to deliver outstanding returns for the savvy investor. Whether you choose to lease all three units, live upstairs while generating income below, or create the perfect multigenerational living arrangement, the possibilities are endless. Opportunities like this don't stay on the market for long. Schedule your showing today and discover why this South Knoxville gem is the kind of investment buyers wait for--but shouldn't wait to buy. **Open House** Saturday August 8th 2-4pm

Open Houses

Sunday, September 20, 2:00 pm - 4:00 pm

Listing Details MLS# 1350067

Location Tax Legal Info

House #: 313
Street Name: Gayview
St Suffix: Drive
State/Province: TN
Zip Code: 37920
PIN #: 123HF035

Contract Info

Service Level Provided: MLS Entry Only
Auction Y/N: No
Listing Price: 395000

General Property Description

Type: Other
Acres: 0.32
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 3056
SqFt - Main Lvl: 1528
SqFt - Down Lvl: 1528
# Bedrooms: 4
Baths - Full: 2
Baths - 1/2: Yes
# of Rooms: 7
Fireplace: No
Property Status: N/A
HOA: No
Year Built: 1945
Bonus Room: No
Extra Storage: No

Status Change Info

Status Change Date: 2026-07-30

More Information

Property Features

Style: Traditional; Other Construction: Block; Brick; Frame Siding: Brick; Wood Basement: Finished; Plumbed; Other; Outside Entr. Only Lot Description: Cul-De-Sac; Wooded View: Wooded Fireplace: None Floors: Hardwood; Tile; Vinyl Fuel: Electric Heat: Forced Air Cooling: Ceiling Fan(s) Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Sewer: Public Sewer Water: Public Other Rooms: Addl Living Quarter; Bedroom Main Level; Family Room; Laundry/Utility Misc Features: Internet Available; Washer/Dryer Connect; Wired for Internet Exterior Features: Deck; Patio; Porch - Covered Fencing: Chain Dining Area: Living Rm/Dining Rm Community Amenities: Other - See Remarks Showing: See Agent Instructns New Financing: Cash; Conventional; VA Loan

IDX

Listing Office: Realty Executives South

Last Updated: September - 17 - 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.

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313 Gayview Drive, Knoxville, TN 37920 (MLS# 1350067)