7003 Old Clinton Pike

Knoxville, TN 37921

$580,000
Price
—
Beds
—
Baths
2,688 Sq. Ft.
$216 / Sq. Ft.
2,688
Sq. Ft.
$216
per Sq. Ft.
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Description

Turnkey 4-Unit Investment Opportunity in Prime Knoxville Location
Well-positioned 4-plex located in the heart of a thriving shopping and dining district. This property features four separate 1-bedroom, 1-bath units, each offering approximately 672 square feet, private entrances, and designated parking. Two units have been extensively renovated with granite countertops, updated appliances, new flooring, and fresh paint. The remaining two units offer recent updates including new flooring and paint,...Turnkey 4-Unit Investment Opportunity in Prime Knoxville Location
Well-positioned 4-plex located in the heart of a thriving shopping and dining district. This property features four separate 1-bedroom, 1-bath units, each offering approximately 672 square feet, private entrances, and designated parking. Two units have been extensively renovated with granite countertops, updated appliances, new flooring, and fresh paint. The remaining two units offer recent updates including new flooring and paint, providing a balanced mix of stabilization and future upside. Major systems including HVAC and windows have been updated, reducing near-term capital expenditure concerns. Tenants are responsible for all utilities and trash service, contributing to an efficient operating structure. Investment Highlights:

• Current gross income: $48,000 annually

• Scheduled rent increases bring projected gross income to $50,400.00 starting June 2026. Investment Highlights:

• Current gross income: $48,000 annually

• Scheduled rent increases bring projected gross income to $50,400.00 starting June 2026 • Low operating expense structure (annually 6K-7k, including property taxes of $1,375)

• Stabilized NOI approximately $37,000+ under conservative underwriting

•6%-7%+ return potential for owner-operator
Located just minutes from I-75, shopping, dining, healthcare, parks, and schools -- an area that continues to support strong rental demand. Financial summary available upon request.
  1. Listed by Robin Butler • Realty Executives Associates

Amenities

  • Air Conditioning
  • Granite Kitchen Counter
  • Parking Included
  • Private Entrance
  • Washer / Dryer in Unit
LISTING UPDATED: 02/18/2026 04:38 PM

Property Details for 7003 Old Clinton Pike

StatusActive
MLS #1323395
Days on Market79
Taxes$1,375 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1981
Lot Size0.40 AC / 17,424 SF
CountyKnox County

Location

Listing Courtesy of Realty Executives Associates, Robin Butler
Add your commute

Building Information for 7003 Old Clinton Pike

Stories-Residences4Year Built1981Building Size-Lot Size0.40 AC / 17,424 SF

Payment Calculator

$2,941 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,827

Property Taxes

$115

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7003 Old Clinton Pike

Summary
Location and General Information
  • City: Knoxville
  • County Or Parish: Knox County - 1
  • Directions: CLINTON HWY TO 7003 OLD CLINTON PIKE
  • Latitude: 36.01329
  • Longitude: -84.033687
  • MLS Area Major: Knox County - 1
  • MLS Area Minor: Knox County - 1
  • Postal Code: 37921
  • State Or Province: TN
  • Location Tax Legal Info Area: Knox County - 1
  • Remarks Misc Directions: CLINTON HWY TO 7003 OLD CLINTON PIKE
Parking
  • Attached Garage: No
  • Parking Features: On Premise Parking
  • General Property Description Driveway: Yes
  • Garage Parking On Premise Parking: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 067 19801
  • Owner Expenses Taxes: True
  • Location Tax Legal Info Total Tax: 1374.98
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Building Area Source: Appraiser
  • Lot Size Area: 17424.0
  • Lot Size Units: Square Feet
  • Lot Size Square Feet: 17424.0
  • Year Built: 1981
  • Building Area Total: 2688.0
  • Living Area Source: Appraiser
  • Lot Size Acres: 0.4
  • Lot Size Dimensions: 265.44 X 238.7 X Irr
  • General Property Description SqFt - Source: Appraiser
  • General Property Description Lot Dimensions: 265.44 X 238.7 X Irr
  • General Property Description Lot Size SqFt: 17424.0
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • Utilities: Cable Available (TV Only)
  • General Property Description UtilitiesMo Avg: 0.0
  • Fuel Electric: True
  • Misc Features Internet Available: True
  • Miscellaneous TV Cable Available: True
  • Miscellaneous WasherDryer Cnctns: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Windows - Vinyl
  • Construction Materials: Cedar, Block, Frame, Other
  • Siding Cedar: True
  • Exterior Features Cable Available (TV Only): True
  • Exterior Features Window - Energy Star: True
  • Exterior Features Windows - Insulated: True
  • Exterior Features Windows - Vinyl: True
Interior Features
  • Cooling: Central Cooling
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Heating Details: Heat Pump, Central, Electric
  • Flooring: Laminate, Carpet, Tile
  • Heating: Yes
  • Heating Central: Yes
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Laminate: True
  • Floors Tile: True
  • Floors Other: True
  • Heat Central: True
  • Heat - Heat Pump: True
  • Appliances Dryer: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Self Cleaning Oven: True
  • Appliances Smoke Detector: True
  • Appliances Washer: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Roof Asphalt: True
  • Misc Features WasherDryer Connect: True
Multi Family
Income & Expenses Information
  • Gross Income: $48,000.00
  • Net Operating Income: $42,000.00
  • OperatingExpense: $6,115.00
Multi-Family Information
  • Number Of Units Total: 4
  • Type of Units 1 Bedroom Unit: True
  • Income Expenses Gross Annual Income: 48000.0
  • Income Expenses Annual Oper Expenses: 6115.0
Unit 1
  • Unit 1 Unit Number: 1
  • Unit 1 Beds Total: 1
  • Unit 1 Rent: 1000.00
  • Unit 1 Squarefeet: 672.0
  • Unit 1 Furnished: Unfurnished
Unit 2
  • Unit 2 Unit Number: 2
  • Unit 2 Beds Total: 1
  • Unit 2 Rent: 1000.00
  • Unit 2 Squarefeet: 672.0
  • Unit 2 Furnished: Unfurnished
Unit 3
  • Unit 3 Unit Number: 3
  • Unit 3 Beds Total: 1
  • Unit 3 Rent: 900.00
  • Unit 3 Squarefeet: 672.0
  • Unit 3 Furnished: Unfurnished
Unit 4
  • Unit 4 Unit Number: 4
  • Unit 4 Beds Total: 1
  • Unit 4 Rent: 1100.00
  • Unit 4 Squarefeet: 672.0
  • Unit 4 Furnished: Unfurnished
Rental
Rent Information
  • General Property Description Number of Units Leased: 4.0
  • General Property Description Restrictions: Yes
  • General Property Description Lease Information: 4 UNITS 3 UNITS AT 1,000 PER MONTH 1 UNIT AT 900.00 PER MONTH
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Heat Pump,Central,Electric
  • Tenant Expenses Telephone: True
  • Tenant Expenses Tenant Pays All Utilities: True
  • Tenant Expenses Trash Collection: True

Property History for 7003 Old Clinton Pike

DateEvent & SourcePriceAppreciation
Feb 18, 2026

Price Change

KAARMLS #1323395

$580,000—
Jan 27, 2026

Price Change

KAARMLS #1323395

$587,000—
Dec 3, 2025

Listed (Active)

KAARMLS #1323395

$597,000—
Oct 30, 2025

Expired

REALTRACS #3057052

$597,000—
Oct 30, 2025

Expired

KAARMLS #1299265

—
Oct 2, 2025

Contract - Not Showing

KAARMLS #1299265

—
Sep 16, 2025

Price Change

KAARMLS #1299265

$597,000—
Sep 8, 2025

Price Change

KAARMLS #1299265

$598,000—
Aug 28, 2025

Price Change

KAARMLS #1299265

$599,000—
Jun 9, 2025

Price Change

KAARMLS #1299265

$645,000—
Apr 30, 2025

Listed (Active)

KAARMLS #1299265

$650,000—
Apr 23, 2025

Withdrawn

KAARMLS #1288174

—
Jan 29, 2025

Listed (Active)

KAARMLS #1288174

$650,000—
DateEvent & SourcePrice
02/18/2026

Price Change

KAARMLS #1323395

$580,000
01/27/2026

Price Change

KAARMLS #1323395

$587,000
12/03/2025

Listed (Active)

KAARMLS #1323395

$597,000
10/30/2025

Expired

REALTRACS #3057052

$597,000
10/30/2025

Expired

KAARMLS #1299265

—
10/02/2025

Contract - Not Showing

KAARMLS #1299265

—
09/16/2025

Price Change

KAARMLS #1299265

$597,000
09/08/2025

Price Change

KAARMLS #1299265

$598,000
08/28/2025

Price Change

KAARMLS #1299265

$599,000
06/09/2025

Price Change

KAARMLS #1299265

$645,000
04/30/2025

Listed (Active)

KAARMLS #1299265

$650,000
04/23/2025

Withdrawn

KAARMLS #1288174

—
01/29/2025

Listed (Active)

KAARMLS #1288174

$650,000

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

Public Records for 7003 Old Clinton Pike

Taxable ValueLand-Additions-Total-
Tax Record2025$1,375 ($115 / month)
Home Facts
Baths4Total Finished SqFt2,543 SqFtAbove Grade Finished SqFt2,543 SqFtStories2Lot Size63,361 SqFtStyleMulti-Family Res (5+ Units)Year Built1981Year Renovated1990CountyKNOXAPN067 19801

Schools near 7003 Old Clinton Pike

This home is within Knox County School District.
Rating
School
Type
Grades
Distance
Powell Elementary School
Public - PK to 5
Powell Middle School
Public - 6 to 8
Karns High School
Public - 9 to 12
Ridgedale Alternative School
Public - 6 to 12
Rating
School
Distance
Powell Elementary School
PublicPK to 5

Powell Middle School
Public6 to 8

Karns High School
Public9 to 12

Ridgedale Alternative School
Public6 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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More information about 7003 Old Clinton Pike, Knoxville, TN 37921

7003 Old Clinton Pike is a multi-family home for sale in Knoxville, TN 37921. This property was listed for sale on December 3, 2025 by Realty Executives Associates, it's currently listed at $580,000. This listing's school district is Knox County School District. Nearby schools include Powell Elementary School, Powell Middle School and Karns High School. 7003 Old Clinton Pike is a 0-bed, 0-bath, 2,688 sqft multi-family home built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Executives Associates, Robin Butler

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: 02/18/2026 04:38 PM