Closed

$500,000

7500 Falling Leaves Cir, Knoxville, TN 37909

8beds

4baths

4,180sqft

Multi Family

Built in 1976

-- sqft lot

$487,100 Zestimate^®

$120/sqft

$1,616 Estimated rent

Home value

$487,100

$463,000 - $511,000

$1,616/mo

Zestimate^® history

Owner options

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$1,616/mo

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$1,616/mo

Rent Zestimate^®

Refinance and save

$2,904/mo

Est. payment

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$2,904/mo

Est. payment

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What's special

Multiple Offers Received: Great investment opportunity in the heart of West Knoxville! This four-unit apartment building offers four spacious units, each featuring 2 bedrooms and 1 full bath. Ideally located just minutes from shopping, dining, and convenient interstate access, this property is perfectly positioned for strong rental demand. Two of the units have been recently updated, providing value-added potential. All units are currently rented, offering immediate income for the new owner. The building also features a durable metal roof for added peace of mind. Whether you're looking to expand your portfolio or secure a solid income-producing property, this multi-family investment checks all the boxes! This property is being sold as is.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Central, Electric, Heat Pump

Cooling

Central Air

Appliances

Laundry: Washer Hookup, Electric Dryer Hookup

Features

Flooring: Carpet, Laminate

Interior area

Total structure area: 4,180
Total interior livable area: 4,180 sqft

Property

Lot

Dimensions: 89M x 162 x IRR

Details

Parcel number: 106JA02401
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Fiber Cement, Frame, Vinyl Siding
Roof: Metal

Condition

New construction: No
Year built: 1976

Utilities & green energy

Utilities for property: Electricity Available

Community & HOA

Community

Subdivision: Falling Leaves Sub

Location

Region: Knoxville

Financial & listing details

Price per square foot: $120/sqft
Tax assessed value: $356,000
Annual tax amount: $5,278
Date on market: 3/24/2026
Tenant pays: Electricity
Electric utility on property: Yes

Price history

Date	Event	Price
6/3/2026	Sold	$500,000+2.1%$120/sqft
Source: RealTracs MLS as distributed by MLS GRID #3229864 Report a problem
3/25/2026	Pending sale	$489,900$117/sqft
Source: East Tennessee Realtors #1333855 Report a problem
3/24/2026	Listed for sale	$489,900$117/sqft
Source: East Tennessee Realtors #1333855 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,213	$142,400
2024	$2,213	$142,400
2023	$2,213	$142,400
2022	$2,213 +28.5%	$142,400 +75.3%
2021	$1,722	$81,240 -60%
2020	$1,722	$203,100
2019	$1,722	$203,100 -7.6%
2018	$1,722 -53.8%	$219,800 +332.9%
2017	$3,724 -8.9%	$50,775
2016	$4,089	--
2015	$4,089 -7.8%	--
2014	$4,436 +7.2%	--
2013	$4,137 +125.8%	--
2012	$1,832	--
2011	$1,832	$77,640
2010	$1,832	$77,640
2009	$1,832 +1.4%	$77,640 +15.5%
2008	$1,808 +60%	$67,200 +60%
2007	$1,130	$42,000
2006	$1,130	$42,000
2005	$1,130 -0.3%	$42,000 +9.7%
2004	$1,134	$38,300
2003	$1,134	$38,300
2002	--	$38,300
2001	--	$38,300 +25%
2000	--	$30,650