Active

Price cut: $15K (10/29)

$475,000

476 E 482 & 490 Red Bud Rd, Knoxville, TN 37920

6beds

3baths

2,349sqft

$3,179/mo

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Multi Family

Built in 1972

-- sqft lot

$-- Zestimate^®

$202/sqft

$-- HOA

What's special

THREE RENTAL UNITS | $37,080 GROSS INCOME | SOUTH KNOXVILLE All three units are currently leased, generating $37,080 in annual gross rental income ($3,090/month). Annual operating expenses total approximately $13,933, **including HOA fees of $200 per month per unit**, resulting in an estimated net operating income of $23,147 and a **4.87% cap rate at the new $475,000 asking price**. At approximately $158,333 per unit, this package offers investors three established rental income streams in one purchase. Financial figures exclude property management fees and are subject to buyer verification.

47 days
640
29

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Dishwasher, Range, Refrigerator, Self Cleaning Oven

Features

Flooring: Carpet, Vinyl

Interior area

Total structure area: 2,349
Total interior livable area: 2,349 sqft

Property

Parking

Parking features: On Premise Parking

Features

Exterior features: Balcony

Details

Parcel number: 109MC00201F

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick

Condition

Year built: 1972

Community & HOA

Community

Subdivision: Redbud Condos Unit B6 5.8823% Com Elem

Location

Region: Knoxville

Financial & listing details

Price per square foot: $202/sqft
Date on market: 9/29/2026
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/29/2026	Price change	$475,000-3.1%$202/sqft
Source: East Tennessee Realtors #1357074 Report a problem
9/29/2026	Listed for sale	$490,000$209/sqft
Source: East Tennessee Realtors #1357074 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 37920

Getting around

2 / 100

Car-Dependent

21 / 100

Minimal Transit

5 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Dogwood Elementary School
Grades: PK-5Distance: 1.4 mi
4/10
South Doyle Middle School
Grades: 6-8Distance: 0.8 mi
3/10
South Doyle High School
Grades: 9-12Distance: 3.3 mi

Schools provided by the listing agent

Elementary: Dogwood
Middle: South Doyle
High: South Doyle

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