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814 Midway Rd
Strawberry Plains TN 37871 US

$750,000

Active Listing ID 1343794
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12 bed
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5.00 Bath (5 Full)
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Lot: 1.70 Acres
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Other

$750,000

Active Listing ID 1343794
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814 Midway Rd 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.

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Property Features

  • Facts
  • Lot Size: 1.70 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • Cooling System: Central Air
  • Exterior Finish: Balcony
  • Floor Covering: Laminate
  • Roof Type: Metal
  • Heating Fuels: Central, Electric (Heating)
  • Additional Features
  • Patio

School Information

  • School
  • Carter(Elementary)
  • Carter(MiddleSchool)
  • Carter(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 750000
  • unparsedaddress: 814 Midway Rd
  • postalcity: Strawberry Plains
  • stateorprovince: TN
  • country: US
  • postalcode: 37871
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.7
  • lotsizeunits: Acres
  • lotsizearea: 1.7
  • livingarea: 4280
  • livingareaunits: Square Feet
  • latitude: 36.001784
  • longitude: -83.700035
  • listagentfullname: Jennifer Scates
  • listagentemail: jscates@wallacetn.com
  • listagentkey: 3yd-KAARMLSTN-334295
  • listagentmlsid: 334295
  • listagentpreferredphone: 4044039855
  • listagentofficephone: 8652537889
  • listofficekey: 3yd-KAARMLSTN-3656o
  • listofficemlsid: 3656o
  • 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: 1967
  • listingcontractdate: 2026-06-07
  • listagenturl: http://www.JenniferScates.com
  • countyorparish: Knox County - 1
  • parcelnumber: 074 10201
  • elementaryschool: Carter
  • highschool: Carter
  • appliances: Range, Refrigerator
  • cooling: Central Air
  • constructionmaterials: Steel, Stone, Vinyl Siding, Brick
  • flooring: Laminate
  • heating: Central, Electric (Heating)
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Carport
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • interiorfeatures: Walk-In Closet(s), Pantry
  • exteriorfeatures: Balcony
  • rooms: Bedroom 3, Bedroom 5, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 9, Bedroom 10, Bedroom 4, Bedroom 1, Bedroom 11, Bathroom 3, Bathroom 5, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 6, Bedroom 12
  • utilities: Cable Available
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -83.700035, 36.001785
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Wallace", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jscates@wallacetn.com", "ListBrokerageCity":"Knoxville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"cstallings@wallacetn.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/KAARMLSTN/500516818bbf11e0bc1e00219b994c72/20230405163309575.png", "ListBrokerageName":"Wallace", "ListBrokeragePhone":"(865) 584-4000", "ListBrokeragePostalCode":"37919", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"140 Major Reynolds Place", "ListBrokerageWebsiteUrl":"http://www.wallacetn.com", "ListOfficeAddress1":"102 Adair Drive ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"3656o", "ListOfficeCity":"Knoxville", "ListOfficeCountry":"US", "ListOfficeEmail":"jscates@wallacetn.com", "ListOfficePostalCode":"37918", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Strawberry Plains, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/814-Midway-Rd_Strawberry-Plains_TN_37871_M96855-81676?f=listhub&s=KAARMLSTN&m=1343794&c=rexren", "MLSModificationTimestamp":"2026-06-07 08:59:03", "Neighborhoods":[{"Description":null, "Name":"Knox County - 1"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1969, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/10/2026 1:47:29 PM GMT
Source Updated Date: 6/13/2026 6:49:26 PM GMT

Courtesy of: Jennifer Scates, Wallace Jennifer Scates Group, jscates@wallacetn.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.