313 Gayview Drive, Knoxville, TN 37920
New Listing
$415,000
Property Type:
Single Family
Bedrooms:
4
Square Footage:
3,056
Lot Size (sq. ft.):
13,939
Status:
Active
Current Price:
$415,000
List Date:
7/30/2026
Last Modified:
7/30/2026
Overview
Description
...
(Read more)
Investor Alert! Income-Producing Opportunity in South Knoxville!
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.
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
- 415000
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
- SqFt - 2nd Flr Lvl
- 0
- SqFt - 3rd Flr Lvl
- 0
- # Fireplace
- 0
- Basement
- Yes
Status Change Info
- Status Change Date
- 2026-07-30
Location, Tax & Legal Info
- Area
- Knox County - 1
- Property Sub-Type
- Residential
- City/County Code
- County
- Total Tax
- 1324.33
Remarks & Misc
- Directions
- From Downtown take Chapman Hwy to W Martin Mill Pike, take a left on to Hialeah Dr, After that, take a right on to Cheyenne Dr and then again take a right on to Gayview Dr.
- Public Remarks
- Investor Alert! Income-Producing Opportunity in South Knoxville! 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.
More Information
Fencing
- Chain
- Yes
Atchd/Dtchd Type
- Detached
- Yes
Style
- Traditional
- Yes
- Other
- Yes
Construction
- Block
- Yes
- Brick
- Yes
- Frame
- Yes
Siding
- Brick
- Yes
- Wood
- Yes
Fireplace
- None
- Yes
Cooling
- Ceiling Fan(s)
- Yes
Floors
- Hardwood
- Yes
- Tile
- Yes
- Vinyl
- Yes
Garage/Parking
- Basement
- Yes
- Main Level
- Yes
- On-Street Parking
- Yes
Basement
- Finished
- Yes
- Plumbed
- Yes
- Other
- Yes
- Outside Entr. Only
- Yes
Lot Description
- Cul-De-Sac
- Yes
- Wooded
- Yes
Fuel
- Electric
- Yes
View
- Wooded
- Yes
Heat
- Forced Air
- Yes
Community Amenities
- Other - See Remarks
- Yes
Dining Area
- Living Rm/Dining Rm
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Other Rooms
- Addl Living Quarter
- Yes
- Bedroom Main Level
- Yes
- Family Room
- Yes
- Laundry/Utility
- Yes
Exterior Features
- Deck
- Yes
- Patio
- Yes
- Porch - Covered
- Yes
Misc Features
- Internet Available
- Yes
- Washer/Dryer Connect
- Yes
- Wired for Internet
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- VA Loan
- Yes
Showing
- See Agent Instructns
- Yes
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: July - 30 - 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.