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Pending
  • $595,000

    2816 Colt Dr, Knoxville, TN 37918

    8beds
    4baths
    4,773sqft
    : 
    $3,745/mo
    Get pre-qualified
    Multi Family
    Built in 1974
    -- sqft lot
    $-- Zestimate®
    $125/sqft
    $-- HOA

    What's special

    Ample on-site parkingWasher and dryer hookupsQuiet dead-end street
    *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.
    79 days
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    7
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    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Brooke Miracle 865-696-8089,

    Realty Executives Associates 865-693-3232,

    Jeff LaRue 865-548-5333,

    Realty Executives Associates

    Source: East Tennessee Realtors,MLS#: 1343372MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Heat Pump, Central, Electric
      Cooling
      • Ceiling Fan(s), Window Unit(s)
      Appliances
      • Included: Dishwasher, Range, Refrigerator
      Features
      • Pantry
      • Flooring: Carpet, Vinyl
      • Windows: Aluminum Frames
      Interior area
      • Total structure area: 4,773
      • Total interior livable area: 4,773 sqft

      Property

      Parking
      • Parking features: Off Street, On Premise Parking
      Lot
      • Size: 0.37 Acres
      Details
      • Parcel number: 048KC001

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • Year built: 1974

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Rifle Range Estates Sub Unit 1
      Location
      • Region: Knoxville

      Financial & listing details

      • Price per square foot: $125/sqft
      • Tax assessed value: $345,100
      • Annual tax amount: $2,145
      • Date on market: 6/4/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/12/2026Pending sale$595,000$125/sqft
        Source: East Tennessee Realtors #1343372 Report a problem
        6/4/2026Listed for sale$595,000$125/sqft
        Source: East Tennessee Realtors #1343372 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,145 $138,040
        2024$2,145 $138,040
        2023$2,145 $138,040
        2022$2,145 +19%$138,040 +62.4%
        2021$1,802 $85,000 -60%
        2020$1,802 $212,500
        2019$1,802 $212,500
        2018$1,802 --
        2017$1,802 +0.1%$53,125
        2016$1,800 --
        2015$1,800 --
        2014$1,800 -19.6%--
        2013$2,239 +40.6%--
        2012$1,593 --
        2011$1,593 $67,480
        2010$1,593 $67,480
        2009$1,593 +2.4%$67,480 +16.7%
        2008$1,556 +60%$57,840 +60%
        2007$972 $36,150
        2006$972 $36,150
        2005$972 +1.6%$36,150 +11.8%
        2004$957 $32,325
        2003$957 $32,325
        2002-- $32,325
        2001-- $32,325
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37918

        Getting around

        1 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Adrian Burnett
        • Middle: Halls
        • High: Halls

        Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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