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2816 NE Colt Drive
Knoxville TN 37918 US

$595,000real estate property listed by Realty Executives real estate property listing

Active Listing ID 1343372
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8 bed
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4.00 Bath (4 Full)
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Lot: 0.37 Acres
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Other

$595,000real estate property listed by Realty Executives real estate property listing

Active Listing ID 1343372
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2816 NE Colt Drive *MULTIPLE OFFERS RECEIVED* HIGHEST AND BEST DUE WEDNESDAY JUNE 10 AT 8AM, RESPONSE TIME OF THURSDAY JUNE 11 AT 5PM. SELLER ALSO HAS 2828 NE COLT DR FOR SALE WITH MULTIPLE OFFERS (MLS# 1343358) Rare opportunity to acquire a fully occupied multifamily asset in the growing Halls market with immediate income and future upside potential! This 4-plex at 2816 Colt Drive is currently 100% occupied with all four units leased on month-to-month agreements, offering flexibility for future rent adjustments and management strategies. The property consists of four spacious 2-bedroom, 1.5-bath units, each designed for comfortable everyday living. All units include washer and dryer hookups and feature their own private utility/laundry room located at the rear of the building, providing added convenience and storage for tenants. Tenants pay their own utilities, while the owner maintains the grounds, creating an efficient management structure. Situated on a quiet dead-end street, the property offers ample on-site parking and a peaceful setting while remaining conveniently close to everyday amenities. Its desirable location just off North Broadway in the Halls community places residents minutes from major restaurants, grocery stores, parks, ball fields, schools, and other conveniences. Downtown Knoxville is only 12 minutes away, making this an attractive location for tenants seeking both accessibility and a neighborhood feel. Whether you're expanding an existing portfolio or seeking a turnkey investment property with stable occupancy, this income-producing asset offers a compelling opportunity in one of Knoxville's most convenient and established rental markets.

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Property Features

  • Facts
  • Lot Size: 0.37 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Window Unit(s), Ceiling Fan(s)
  • Floor Covering: Carpet, Vinyl
  • Roof Type: Metal
  • Heating Fuels: Central, Heat Pump (Heating), Electric (Heating)
  • Additional Features
  • Patio

School Information

  • School
  • Adrian Burnett(Elementary)
  • Halls(MiddleSchool)
  • Halls(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 595000
  • unparsedaddress: 2816 NE Colt Drive
  • postalcity: Knoxville
  • stateorprovince: TN
  • country: US
  • postalcode: 37918
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.37
  • lotsizeunits: Acres
  • lotsizearea: 0.37
  • livingarea: 4773
  • livingareaunits: Square Feet
  • latitude: 36.052854
  • longitude: -83.937759
  • listagentfullname: Brooke Miracle
  • listagentemail: brooke@jefflarueteam.com
  • listagentkey: 3yd-KAARMLSTN-364237
  • listagentmlsid: 364237
  • listagentpreferredphone: 8656968089
  • listagentofficephone: 8656968089
  • listofficekey: 3yd-KAARMLSTN-o131
  • listofficemlsid: o131
  • disclaimer: Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KAARMLSTN
  • yearbuilt: 1974
  • listingcontractdate: 2026-06-04
  • listagenturl: http://realtyexecutivesknoxville.com
  • countyorparish: Knox County - 1
  • parcelnumber: 048KC001
  • elementaryschool: Adrian Burnett
  • highschool: Halls
  • appliances: Dishwasher, Range, Refrigerator
  • cooling: Window Unit(s), Ceiling Fan(s)
  • constructionmaterials: Brick
  • flooring: Carpet, Vinyl
  • heating: Central, Heat Pump (Heating), Electric (Heating)
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: Realty Executives International
  • interiorfeatures: Pantry
  • windowfeatures: Aluminum Frames
  • rooms: Dining Room, Bedroom 7, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 4, Bedroom 8, Bedroom 6, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3
  • patioandporchfeatures: Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -83.93776, 36.052853
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Listing Changed: 6/5/2026 3:23:04 PM GMT
Source Updated Date: 6/8/2026 1:00:21 AM GMT

Courtesy of: Brooke Miracle, Realty Executives Associates, brooke@jefflarueteam.com

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.