711 Murray Drive Knoxville, TN $ 1,010,000
711 Murray Drive
$ 1,010,000
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711 Murray Drive

Knoxville, TN, 37912
$ 1,010,000
Bedrooms-- Baths0.0 Sq 3,256

Monthly Estimate*

$ 6,976

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Multi-Family Home for sale in Knoxville, TN

for $1,010,000. This 3,256 square foot home was built in 1971.

711 Murray Drive & 719 Murray Drive offer the opportunity to acquire eight units across two adjacent four-unit multifamily properties. The properties total approximately 6,689 square feet on 1.32 acres. Each property includes two 2BR/1BA and two 1BR/1BA units, for a combined unit mix of four 2BR/1BA and four 1BR/1BA residences. 711 Murray Drive is fully leased with long-term tenancy in place and includes on-site laundry with the opportunity to expand tenant use. Recent improvements include a new driveway, deck, concrete, gutters, shed, and flooring improvements. The adjacent 719 Murray Drive offers immediate value-add potential. One unit is currently occupied under a one-year lease, while the remaining three units have been cleared and primed, allowing a new owner to complete interior finishes and bring the units back online. Recent improvements include a newer roof, upgraded electrical service boxes, new concrete, and gutters. Together, the properties offer a combination of existing rental income at 711 Murray Drive and renovation and lease-up potential at 719 Murray Drive. Please note: 711 Murray Drive is available only as part of the combined offering and will not be sold separately. 719 Murray Drive may be purchased independently.

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Multi-Family Active

Price

$ 1,010,000

Property Type

Multi-Family

Taxes

$ 1,564

Style

Year Built

1971

Town/City

Knoxville

County/Region

Knox

MLS | Web ID

1353401

Features
General
Heating Ceiling Central Other Electric
Cooling Window Unit(s)
Construction Materials Frame
Year Built 1971
County Knox County - 1
Property Type Multi-Family
Attached Garage false
Subdivision Name Miller Pt Lts 3 4
Other Structures Shed
Status Active
Directions Clinton Hwy Turn right on Murray Dr NW property will be on the left in approx. 0.8 miles.
City Knoxville
Number Of Units Total 8
MLS Area Knox County - 1
MLS Area Minor Knox County - 1
Standard Status Active
New Financing Cash true
New Financing Coventional true
New Financing New Loan true
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Interior
Flooring Laminate Tile Other
Air Conditioning Y/N true
Heating Y/N true
Window Features Windows - Aluminum
Total Baths 0
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Exterior
Exterior Amenities Balcony
Parking Features Off-Street Parking
Building Area Total 3256
Lot Dimensions IRR
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* Excluded Features
List By
Lauren Farmer

Listing Agent

Avison Young

Broker

lauren.farmer@avisonyoung.com

Email

Affordability Calculator

$7,106
Per Month
98%
2%
0%
Monthly Principal & Interest
$6,976
Monthly Property Taxes
$130
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/27/2026$1,010,000 Listed Price

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711 Murray Drive, Knoxville, TN, 37912 is a Multi-Family Home for sale at $1,010,000 with 3,256 sqft. 711 Murray Drive has 0.0 baths and was built in 1971. The property's zip code is 37912 which is in Knoxville, TN