Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths

$460,000

719 NW Murray Drive Rd, Knoxville TN, 37912

Built in1971
Property typeMulti-family
Courtesy of Avison Young, Lauren Farmer

Overview

Active

Listed Aug 27, 2026

Updated Aug 27

Value-add multifamily opportunity in Knoxville featuring four residential units with a mix of two 2BR/1BA and two 1BR/1BA units. The approximately 3,256-square-foot building sits on approximately 0.52 acres and offers an opportunity for an investor to complete renovations and reposition the property. Three of the four units have been cleared and primed, leaving a largely blank canvas for a new owner to complete finishes to their specifications. One unit remains occupied under a one-year lease, with the remaining three units currently vacant. Significant capital improvements have been completed in recent years, including a newer roof, upgraded electrical service boxes, and new concrete and gutters, along with landscape cleanup and preparation of the vacant units for renovation. The owner's improvement schedule identifies the roof, electrical service, concrete, unit preparation, landscape cleanup, and gutters among the recent work completed at the property. With much of the initial preparation already complete, 719 Murray Drive offers an investor the opportunity to finish the units, establish new rents and bring the property back to stabilized occupancy.

$3,060/mo

Est. mortgage payment based on a $460,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Courtesy of Avison Young, Lauren Farmer

The data relating to real estate for sale on this website comes in part from the East Tennessee Realtors. Real estate listings held by brokerage firms other than Lucas Haun are marked with the IDX logo and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers’ personal, non-commercial use, that 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 East Tennessee Realtors. East Tennessee Realtors may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lucas Haun shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 East Tennessee Realtors. All rights reserved.

Data last updated 11:30 PM UTC, 8/27/2026

 

Powered by Luxury Presence