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711 Murray Drive
Knoxville TN 37912 US

$1,010,000

Active Listing ID 1353401
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12 bed
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3,256 square feet
bath icon
8.00 Bath (8 Full)
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Other

$1,010,000

Active Listing ID 1353401
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711 Murray Drive 711 Murray Drive & 719 Murray Drive offer the opportunity to acquire eight units across two adjacent four-unit multifamily properties. The properties total approximately 6, 689 square feet on 1.32 acres. Each property includes two 2BR/1BA and two 1BR/1BA units, for a combined unit mix of four 2BR/1BA and four 1BR/1BA residences. 711 Murray Drive is fully leased with long-term tenancy in place and includes on-site laundry with the opportunity to expand tenant use. Recent improvements include a new driveway, deck, concrete, gutters, shed, and flooring improvements. The adjacent 719 Murray Drive offers immediate value-add potential. One unit is currently occupied under a one-year lease, while the remaining three units have been cleared and primed, allowing a new owner to complete interior finishes and bring the units back online. Recent improvements include a newer roof, upgraded electrical service boxes, new concrete, and gutters. Together, the properties offer a combination of existing rental income at 711 Murray Drive and renovation and lease-up potential at 719 Murray Drive. Please note: 711 Murray Drive is available only as part of the combined offering and will not be sold separately. 719 Murray Drive may be purchased independently.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 8
  • Cooling System: Window Unit(s)
  • Exterior Finish: Balcony
  • Floor Covering: Laminate, Tile
  • Roof Type: Shingle
  • Heating Fuels: Electric (Heating), Central, Ceiling
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1010000
  • unparsedaddress: 711 Murray Drive
  • postalcity: Knoxville
  • stateorprovince: TN
  • country: US
  • postalcode: 37912
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 3256
  • livingareaunits: Square Feet
  • latitude: 36.012467
  • longitude: -83.99491
  • listagentfullname: Lauren Farmer
  • listagentemail: lauren.farmer@avisonyoung.com
  • listagentkey: 3yd-KAARMLSTN-340823
  • listagentmlsid: 340823
  • listagentpreferredphone: 6158798423
  • listagentofficephone: 8654508883
  • listofficekey: 3yd-KAARMLSTN-1965
  • listofficemlsid: 1965
  • 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: 1971
  • listingcontractdate: 2026-08-27
  • listagenturl: http://avisonyoung.com
  • countyorparish: Knox County - 1
  • parcelnumber: 068JA004
  • cooling: Window Unit(s)
  • constructionmaterials: Frame
  • flooring: Laminate, Tile
  • heating: Electric (Heating), Central, Ceiling
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • exteriorfeatures: Balcony
  • windowfeatures: Aluminum Frames
  • rooms: Bathroom 2, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 7, Bedroom 12, Bathroom 6, Bathroom 5, Bedroom 9, Bedroom 11, Bathroom 1, Bathroom 7, Bedroom 1, Bedroom 8, Bathroom 3, Bedroom 10, Bathroom 4, Bathroom 8, Bedroom 6
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -83.99491, 36.012466
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Cornerstone Commercial Real Estate Services of Knoxville LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lauren.farmer@avisonyoung.com", "ListBrokerageCity":"Knoxville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"justin.cazana@avisonyoung.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Cornerstone Commercial Real Estate Services of Knoxville LLC", "ListBrokeragePhone":"(865) 450-8883", "ListBrokeragePostalCode":"37919", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"630 S Concord St", "ListBrokerageWebsiteUrl":"http://avisonyoung.com", "ListOfficeAddress1":"630 S Concord Street ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1965", "ListOfficeCity":"Knoxville", "ListOfficeCountry":"US", "ListOfficeEmail":"justin.cazana@avisonyoung.com", "ListOfficePostalCode":"37919", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family, Knoxville, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/711-Murray-Dr-Apt-1_Knoxville_TN_37912_M77641-26601?f=listhub&s=KAARMLSTN&m=1353401&c=rexren", "MLSModificationTimestamp":"2026-08-27 23:17:07", "Neighborhoods":[{"Description":null, "Name":"Miller Pt Lts 3 4"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1565, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/27/2026 11:22:48 PM GMT
Source Updated Date: 9/5/2026 6:54:38 PM GMT

Courtesy of: Lauren Farmer, Avison Young, lauren.farmer@avisonyoung.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.