A rare find ! This 5 unit rental property is located in Lincoln Park, situated near Downtown and the University of Tennessee. Restaurants, schools, churches and shopping are conveniently located and within walking distance.
This investment property is positioned on a corner lot and features spacious main-level units with high ceilings and hardwood floors.
Key property highlights include:
- Upgrades: Some Electrical and plumbing systems were updated in 2025,
- New water heater in each unit.
-Separate water meters were installed by KUB with new water lines to each unit in 2025-2026.
-Low-maintenance siding.
-Newer roof
- Financials: The property grossed over $47,520 in 2025.
- Leasing: Units are currently on month-to-month leases.
Unit 5 is vacant needing repairs from water intrusion that has since been remedied.
- Amenities: The site provides off road ample parking and a large rear storage building for the owner's use.
Explore the cost of this home by adjusting the details. Changes won't be saved.
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.