814 Midway Rd

Strawberry Plains, TN 37871

$750,000
Price
—
Beds
—
Baths
4,280 Sq. Ft.
$175 / Sq. Ft.
4,280
Sq. Ft.
$175
per Sq. Ft.
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New
New

Description

Exceptional Income-Producing Property on 1.7 Unrestricted Acres - 5 Rental Units Total! Don't miss this rare investment opportunity featuring a fully renovated 4-plex and an additional single-family home, all situated on 1.7 unrestricted acres in a prime East Tennessee location. With all units currently leased, this turnkey property offers immediate cash flow and outstanding long-term investment potential. The 3,600-square-foot fourplex consists of four well-maintained units, each offering approximately...Exceptional Income-Producing Property on 1.7 Unrestricted Acres - 5 Rental Units Total! Don't miss this rare investment opportunity featuring a fully renovated 4-plex and an additional single-family home, all situated on 1.7 unrestricted acres in a prime East Tennessee location. With all units currently leased, this turnkey property offers immediate cash flow and outstanding long-term investment potential. The 3,600-square-foot fourplex consists of four well-maintained units, each offering approximately 900 square feet of living space. Three units feature 2 bedrooms and 1 bathroom, while the fourth unit offers 1 bedroom and 1 bathroom. All units have been tastefully renovated and include private porches for tenants to enjoy. Additional amenities include an on-site coin-operated laundry facility, an 8x12 storage shed, and a durable metal roof that is only five years old. Adding even more value, the property includes a separate 680-square-foot single-family residence featuring 2 bedrooms, 1 bathroom, a laundry room, carport, and recent renovations throughout. A brand-new 10x14 storage shed is also located next to the home. Tenants and owners alike will appreciate the property's unique custom-built pickleball court, providing a highly desirable recreational amenity rarely found in investment properties. Conveniently located just 20 minutes from Knoxville, 15 minutes from Sevierville, 30 minutes from Gatlinburg, and only minutes from shopping, dining, entertainment, and interstate access, this property combines strong rental demand with exceptional location benefits. Whether you're looking to expand your investment portfolio or secure a high-performing income property, this one-of-a-kind opportunity delivers multiple income streams, recent updates, and unlimited potential with no restrictions.
  1. Listed by Jennifer Scates • Wallace-Jennifer Scates Group

Property Details for 814 Midway Road

Waterfront
No
LISTING UPDATED: 06/07/2026 05:31 AM

Property Details for 814 Midway Road

StatusActive
MLS #3231911
Days on Market1
Taxes$1,969 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1967
Lot Size-
CountyKnox County
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Location

Listing Courtesy of Wallace-Jennifer Scates Group, Jennifer Scates (404.403.9855)
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Building Information for 814 Midway Road

Stories-Residences5Year Built1967Building Size-Lot Size-

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$3,901 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,737

Property Taxes

$164

HOA Dues

$0

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Property Information for 814 Midway Road

Summary
Location and General Information
  • Directions: From downtown Knoxville take I-40 E to exit 402 Midway Rd , Turn left onto Midway Road, property on right. No sign on property.
  • Elementary School: Carter Elementary
  • High School: Carter High School
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Carter Middle School
  • Mlg Can View: Yes
Parking
  • Garage Spaces: 3.00
  • Parking Total: 3.00
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Laminate
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 074 10201
  • Lot Size Area: 74052.0
Property and Assessments
  • Construction Materials: Stone, Vinyl Siding, Other, Brick
  • Documents Count: 2
  • New Construction: No
  • Possession: Close Of Escrow
  • Security Features: Smoke Detector(s)
  • Senior Community: No
  • Year Built Details: Existing
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Utilities: Electricity Available
Interior and Exterior Features
Interior Features
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
Exterior Features
  • Attached Garage: No
  • Covered Spaces: 3.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Pool Private: No
  • Roof: Metal
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Rental Information
Rental Information
  • Rent Includes: Other
  • Tenant Pays: Electricity

Property History for 814 Midway Road

DateEvent & SourcePriceAppreciation
Jun 7, 2026

Listed (Active)

REALTRACS #3231911

$750,000—
Jun 7, 2026

Listed (Active)

KAARMLS #1343794

$750,000—
DateEvent & SourcePrice
06/07/2026

Listed (Active)

REALTRACS #3231911

$750,000
06/07/2026

Listed (Active)

KAARMLS #1343794

$750,000

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

Public Records for 814 Midway Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,969 ($164 / month)
Home Facts
Beds2Baths4Total Finished SqFt680 SqFtAbove Grade Finished SqFt680 SqFtStories1Lot Size74,052 SqFtStyleSingle Family ResidenceYear Built1967CountyKNOXAPN074 10201

Schools near 814 Midway Road

This home is within Knox County School District.
Rating
School
Type
Grades
Distance
Carter Elementary School
Public - PK to 5
Carter Middle School
Public - 6 to 8
Carter High School
Public - 9 to 12
Career Magnet Academy
Public - 9 to 12
Rating
School
Distance
Carter Elementary School
PublicPK to 5

Carter Middle School
Public6 to 8

Carter High School
Public9 to 12

Career Magnet Academy
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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More information about 814 Midway Road, Strawberry Plains, TN 37871

814 Midway Road is a multi-family home for sale in Strawberry Plains, TN 37871. This property was listed for sale on June 7, 2026 by Wallace-Jennifer Scates Group, it's currently listed at $750,000. This listing's school district is Knox County School District. Nearby schools include Carter Elementary School, Carter Middle School and Carter High School. 814 Midway Road is a 0-bed, 0-bath, 4,280 sqft multi-family home built in 1967.

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 Wallace-Jennifer Scates Group, Jennifer Scates (404.403.9855)

Based on information submitted to the MLS GRID as of 06/07/2026 05:31 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.