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311 Silver Pl 7 Unit Apartment Building $1,099,000 ($157,000/Unit) Knoxville, TN 37917

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INVESTMENT HIGHLIGHTS

  • We cleaned up tenancy and are beginning to fill it back up. If you want to choose your tenants, now is the time to step in!

EXECUTIVE SUMMARY

Step into a rare investment opportunity with this beautifully converted 7-unit Victorian-era building, originally constructed in 1899. This 5,626-sq-ft property blends the charm of Knoxville's architectural past with reliable modern cash flow. We have cleaned up the renter roster and will be filling vacancies or you can fill them yourself! Inside, each unit offers distinctive character — a mix of efficiency, one-bedroom, and two-bedroom apartments featuring high ceilings, vintage woodwork, and large windows that fill the spaces with natural light. Updated systems, off-street parking, make this a turnkey asset ready for continued success. Located just minutes from Downtown Knoxville, UT, major employers, and local entertainment districts. Property built before 1978 may contain lead-based paint.

PROPERTY FACTS

Price $1,099,000
Price Per Unit $157,000
Sale Type Investment
Sale Condition REO Sale
No. Units 7
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Building Size 5,626 SF
Average Occupancy 29%
No. Stories 2
Year Built 1980
Parking Ratio 1.24/1,000 SF
Zoning CO - Commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Attic

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 5 - -
2+1 2 - -
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38423761

  • Date on Market: 11/12/2025

  • Last Updated:

  • Address: 311 Silver Pl, Knoxville, TN 37917

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