This portfolio features four single family rental homes all adjacent to one another. The property brings in gross monthly rents of $2,500, but with two vacancies due to recent renovations the gross potential monthly rent is $5,150. Recent cap ex has been completed at all properties including new flooring, paint, kitchens, bathrooms, and more. Tenants pay all utilities at the properties. The properties are located in Rockford - with convenient access to both Knoxville and Maryville.
Addresses:
314 Russell Road,
316 Russell Road,
320 Russell Road, &
322 Russell Road,
Sold for $550,000
$550,000
314 Russell Rd, Rockford, TN 37853
9beds
5baths
4,316sqft
Multi Family
Built in 1962
-- sqft lot
$573,600 Zestimate®
$127/sqft
$1,565 Estimated rent
Home value
$573,600
$505,000 - $642,000
$1,565/mo
Zestimate® history
Owner options
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$3,216/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kevin G. Tipton 865-233-6441,
SVN I Wood Properties
Bought with:
Darrell L. Tipton, 011901
Realty Executives Associates
Source: East Tennessee Realtors,MLS#: 1304336
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Vinyl
Interior area
- Total structure area: 4,316
- Total interior livable area: 4,316 sqft
Property
Parking
- Parking features: On Premise Parking
Details
- Parcel number: 027B D 023.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- Year built: 1962
Community & HOA
Community
- Subdivision: River View Add
Location
- Region: Rockford
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $200,200
- Annual tax amount: $796
- Date on market: 6/11/2025
- Listing terms: New Loan,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Listing removed | $1,600 |
Source: Zillow Rentals Report a problem | ||
| 9/19/2025 | Price change | $1,600-11.1% |
Source: Zillow Rentals Report a problem | ||
| 9/5/2025 | Listed for rent | $1,800+89.5% |
Source: Zillow Rentals Report a problem | ||
| 8/8/2025 | Sold | $550,000$127/sqft |
Source:  East Tennessee Realtors #1304336 Report a problem | ||
| 6/16/2025 | Pending sale | $550,000$127/sqft |
Source: East Tennessee Realtors #1304336 Report a problem | ||
| 6/11/2025 | Listed for sale | $550,000+144.4%$127/sqft |
Source: East Tennessee Realtors #1304336 Report a problem | ||
| 3/5/2018 | Sold | $225,000-10%$52/sqft |
Source: East Tennessee Realtors #1031807 Report a problem | ||
| 2/26/2018 | Pending sale | $250,000$58/sqft |
Source: RE/MAX FIRST #1031807 Report a problem | ||
| 2/26/2018 | Listed for sale | $250,000$58/sqft |
Source: RE/MAX FIRST #1031807 Report a problem | ||
| 10/3/2017 | Listing removed | $250,000$58/sqft |
Source: RE/MAX FIRST #991005 Report a problem | ||
| 2/8/2017 | Price change | $250,000-36.7%$58/sqft |
Source: RE/MAX First #991005 Report a problem | ||
| 11/29/2016 | Listed for sale | $395,000$92/sqft |
Source: RE/MAX First #974378 Report a problem | ||
| 11/11/2016 | Pending sale | $395,000$92/sqft |
Source: RE/MAX First #974378 Report a problem | ||
| 8/6/2016 | Listed for sale | $395,000+276.5%$92/sqft |
Source: RE/MAX First #974378 Report a problem | ||
| 8/6/2016 | Listing removed | $950+11.8% |
Source: RE/MAX First Report a problem | ||
| 3/28/2015 | Listing removed | $850 |
Source: RE/MAX First Report a problem | ||
| 12/18/2014 | Listed for rent | $850 |
Source: RE/MAX First Report a problem | ||
| 4/1/2014 | Listing removed | $104,900$24/sqft |
Source: Realty Executives Associates #867698 Report a problem | ||
| 11/17/2013 | Listed for sale | $104,900-4.5%$24/sqft |
Source: Realty Executives Associates #867698 Report a problem | ||
| 8/31/2013 | Listing removed | $109,900$25/sqft |
Source: Realty Executives Associates #837952 Report a problem | ||
| 3/30/2013 | Listed for sale | $109,900$25/sqft |
Source: Realty Executives Associates #837952 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $796 | $50,050 |
| 2024 | $796 | $50,050 |
| 2023 | $796 -13.8% | $50,050 +34% |
| 2022 | $923 | $37,360 |
| 2021 | $923 | $37,360 |
| 2020 | $923 | $37,360 |
| 2019 | $923 +92.8% | $37,360 +92.8% |
| 2018 | $479 +2% | $19,375 |
| 2017 | $469 | $19,375 |
| 2016 | $469 +12.6% | $19,375 |
| 2015 | $417 | $19,375 |
| 2014 | -- | $19,375 -6.3% |
| 2013 | $445 | $20,675 |
| 2012 | $445 +0.1% | $20,675 0% |
| 2011 | $445 +5.4% | $20,679 |
| 2010 | $422 | $20,679 |
| 2009 | -- | $20,679 +5.2% |
| 2008 | $439 | $19,666 |
| 2007 | $439 +2.3% | $19,666 |
| 2006 | $429 -10.3% | $19,666 |
| 2005 | $478 +62% | $19,666 +43.3% |
| 2004 | $295 | $13,723 |
| 2002 | $295 | $13,723 |
| 2001 | -- | $13,723 -75% |
| 2000 | -- | $54,891 |
Find assessor info on the county website
Neighborhood: 37853
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Nearby schools
GreatSchools rating
- 6/10Rockford Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Heritage High SchoolGrades: 9-12Distance: 6.3 mi
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- Tennessee
- Blount County
- Rockford
- 37853
- 314 Russell Rd
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