123 Mill Ave

Rutledge, TN 37861

$675,900
Last Sold Price
—
Beds
—
Baths
7,668 Sq. Ft.
$88 / Sq. Ft.
7,668
Sq. Ft.
$88
per Sq. Ft.
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Closed 8/15/22
Closed 8/15/22
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Description

Investment Opportunity! 1.76 acres
7,668 sq ft
Low county taxes $2,131.24
All brick, VERY well maintained, one level 11-unit apartment complex.
8 - One-bedroom apartments
3 - Fully furnished efficiency units
Tenant laundry room (coin operated)
Two storage rooms
All units have updated water lines, updated tub surrounds and vents, ceiling fans in living rooms, Anderson storm doors on 9 of 11 units, new energy efficient windows in all units and NEW roof! No pets or smoking allowed in units. Middle of complex...Investment Opportunity! 1.76 acres
7,668 sq ft
Low county taxes $2,131.24
All brick, VERY well maintained, one level 11-unit apartment complex.
8 - One-bedroom apartments
3 - Fully furnished efficiency units
Tenant laundry room (coin operated)
Two storage rooms
All units have updated water lines, updated tub surrounds and vents, ceiling fans in living rooms, Anderson storm doors on 9 of 11 units, new energy efficient windows in all units and NEW roof! No pets or smoking allowed in units. Middle of complex features office, living quarters with 2 bedrooms, 2 full baths, living room, large custom kitchen, full basement with workshop, and sauna. There are 2 fireplaces, one up and one downstairs. Outside features include fenced area with above ground pool, hot tub and gaze
  1. Listed by Jennifer Scates • Holrob

Property Details for 123 Mill Avenue

Pets Allowed
No
Miscellaneous No Pets
True
LISTING CLOSED: 08/15/2022 12:00 AM

Property Details for 123 Mill Avenue

StatusClosed
MLS #1194068
Days on Market2
Taxes$2,131 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1955
Lot Size1.76 AC / 76,665 SF
CountyGrainger County
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Location

Listing Courtesy of Holrob, Jennifer Scates

Sold By eXp Realty, LLC, Chiara Petro (888.519.5113)

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Building Information for 123 Mill Avenue

Stories-Residences11Year Built1955Building Size-Lot Size1.76 AC / 76,665 SF

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$3,546 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,368

Property Taxes

$178

HOA Dues

$0

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Property Information for 123 Mill Avenue

Summary
Location and General Information
  • City: Rutledge
  • County Or Parish: Grainger County - 45
  • Directions: From Knoxville, 11W to Rutledge, left onto Mill Ave, property first driveway on left. NSOP
  • Latitude: 36.279549
  • Longitude: -83.52573
  • MLS Area Major: Grainger County - 45
  • MLS Area Minor: Grainger County - 45
  • Postal Code: 37861
  • State Or Province: TN
  • Location Tax Legal Info Area: Grainger County - 45
  • Remarks Misc Directions: From Knoxville, 11W to Rutledge, left onto Mill Ave, property first driveway on left. NSOP
Parking
  • Attached Garage: No
  • Parking Features: On Premise Parking
  • General Property Description Driveway: Private
  • Garage Parking On Premise Parking: True
School Information
  • Elementary School: Rutledge
  • High School: Rutledge
  • Middle Or Junior School: Rutledge
  • Location Tax Legal Info Elementary School: Rutledge
  • Location Tax Legal Info Middle School: Rutledge
  • Location Tax Legal Info High School: Rutledge
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 029049P A 01600
  • Owner Expenses Taxes: True
  • Location Tax Legal Info Total Tax: 2131.24
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 76665.0
  • Lot Size Units: Square Feet
  • Lot Size Square Feet: 76665.0
  • Year Built: 1955
  • Building Area Total: 7668.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 1.76
  • Lot Size Dimensions: x
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: x
  • General Property Description Lot Size SqFt: 76665.0
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 900.0
  • Fuel Electric: True
  • Misc Features Internet Available: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Prof Landscaped, Porch - Covered, Pool - Swim(Abv Grd), Doors - Storm, Deck, Fence - Privacy, Window - Energy Star
  • Association Amenities: Pool
  • Construction Materials: Brick
  • Siding Brick: True
  • Exterior Features Deck: True
  • Exterior Features Doors - Storm: True
  • Exterior Features Fence - Privacy: True
  • Exterior Features Pool - Swim(Abv Grd): True
  • Exterior Features Porch - Covered: True
  • Exterior Features Prof Landscaped: True
  • Exterior Features Window - Energy Star: True
  • Miscellaneous Coin Laundry: True
  • Miscellaneous Storage Space: True
  • Miscellaneous Swimming Pool: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Range, Refrigerator
  • Flooring: Laminate, Carpet, Vinyl
  • Heating: Yes
  • Cooling Ceiling Fan(s): True
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Laminate: True
  • Floors Vinyl: True
  • Heat Central: True
  • Heat - Other: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Other Rooms Addl Living Quarter: True
  • Roof Shingle: True
Multi Family
Multi-Family Information
  • Number Of Units Total: 11
  • Type of Units Efficiency Unit: True
  • Type of Units 1 Bedroom Unit: True
  • Type of Units 2 Bedroom Unit: True
  • Type of Units Furnished: True
  • Type of Units Unfurnished: True
Rental
Rent Information
  • General Property Description Number of Units Leased: 11.0
  • Tenant Expenses Cooling: Central Cooling,Ceiling Fan(s),Window Unit(s)
  • Tenant Expenses Heating: Central,Other,Electric
  • Tenant Expenses Tenant Pays All Utilities: True

Property History for 123 Mill Avenue

DateEvent & SourcePriceAppreciation
Aug 15, 2022

Closed (Public Record)

Public Record #1496181043

$675,900—
Aug 15, 2022

Closed

KAARMLS #1194068

$675,900—
Jun 6, 2022

Contract - Not Showing

KAARMLS #1194068

—
DateEvent & SourcePrice
08/15/2022

Closed (Public Record)

Public Record #1496181043

$675,900
08/15/2022

Closed

KAARMLS #1194068

$675,900
06/06/2022

Contract - Not Showing

KAARMLS #1194068

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 123 Mill Avenue

Taxable ValueLand$14,600Additions$129,720Total$144,320
Tax Record2025$848 ($71 / month)
Home Facts
Total Finished SqFt7,668 SqFtAbove Grade Finished SqFt7,668 SqFtStories1Lot Size76,666 SqFtStyleMulti-Family Res (5+ Units)Year Built1955Year Renovated1965CountyGRAINGERAPN049P A 01600

Schools near 123 Mill Avenue

This home is within Grainger County School District.
Rating
School
Type
Grades
Distance
Rutledge Primary School
Public - PK to 1
Rutledge Elementary School
Public - 2 to 6
Rutledge Middle School
Public - 7 to 8
Grainger High School
Public - 9 to 12
Rating
School
Distance
Rutledge Primary School
PublicPK to 1

Rutledge Elementary School
Public2 to 6

Rutledge Middle School
Public7 to 8

Grainger High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Holrob, Jennifer Scates

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 08/30/2024 03:22 PM