512 Balsam Drive Knoxville, TN $ 425,000
512 Balsam Drive
$ 425,000
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512 Balsam Drive

Knoxville, TN, 37918
$ 425,000
Baths0.0 Sq 1,994

Monthly Estimate*

$ 2,545

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Studio

Multi-Family Home for sale in Knoxville, TN

for $425,000. This 1,994 square foot home was built in 1935.

512 Balsam Drive contains 3 units total. This includes a duplex and detached unit located on one lot in the heart of Fountain City. One unit is 3 bedroom, 1 bathroom. The other two units are studio style apartments. Owner pays utilities. All units have recent renovations including new kitchens and bathrooms with new plumbing and electrical. All units are currently occupied. Owner / Agent

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Multi-Family Active

Price

$ 425,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1935

Town/City

Knoxville

County/Region

Knox

MLS | Web ID

1278340

Features
General
Heating Central Other
Cooling Central Cooling
Construction Materials Other
Year Built 1935
County Knox County - 1
Property Type Multi-Family
Attached Garage N
Subdivision Name Fountain City Co Pt 6
Garage Y/N N
Status Active
Directions North Broadway to Fountain City. Left on Cedar Lane beside duck pond. Right on Kingwood. Left on Balsam. Home on left.
High School Central
City Knoxville
NumberOfUnitsTotal 3
MLS Area Knox County - 1
Lot Size Square Feet 0.0
Carport Y/N N
Electric On Property Y/N N
Elementary School Fountain City
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Gresham
Lease Renewal Y/N N
MLS Area Minor Knox County - 1
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Financing Cash True
New Financing Coventional True
New Financing New Loan True
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Interior
Flooring Laminate Hardwood Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features On Premise Parking
Lot Size Area 0.0
Spa N
Building Area Total 1994.0
Lot Dimensions 90 X 140
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 512
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* Excluded Features
List By
Kevin G. Tipton

Listing Agent

Svn I Wood Properties

Broker

Affordability Calculator

$2,545
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,545
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4771106 Elementary School
4508342 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
10/3/2024$425,000 Listed Price

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512 Balsam Drive, Knoxville, TN, 37918 is a Multi-Family Home for sale at $425,000 with 1,994 sqft. 512 Balsam Drive is a studio with 0.0 baths and was built in 1935. The property's zip code is 37918 which is in Knoxville, TN