7101-7109 Wilson Drive
Knoxville, TN, 37924 $ 410,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 2,832
for $410,000. This home was built in 1983.
INVESTMENT OPPORTUNITY! Four dwellings, multiple income streams, and approximately $59,400-$60,000 in potential annual gross rental income! This unique investment package includes four residential addresses at 7101, 7105, 7107, and 7109 Wilson Drive, all being sold together as one offering. The property consists of three traditional residential homes and one camper residence, providing an opportunity for investors to expand an existing portfolio or establish multiple rental income streams. Currently generating $3,550 per month in gross rental income, three of the four dwellings are occupied, with the remaining home vacant and offering an estimated rental potential of $1,400-$1,450 per month. Once fully leased, the combined properties offer approximately $4,950-$5,000 in potential monthly gross income. All parcels are included in the sale and will not be divided or sold separately. Each dwelling has its own water, electric, and septic system, with tenants responsible for their individual utilities and garbage service. The owner currently handles lawn care and general property maintenance. Recent improvements throughout the property include approximately three tons of gravel added to the driveway, along with several property-specific updates. PROPERTY BREAKDOWN: 7101 Wilson Drive: 2-bedroom, 1-bath home offering approximately 625 square feet situated on approximately 0.50 acre. Currently rented for $1,400/month on a month-to-month basis, with tenancy dating back to 2024. Improvements include a complete re-pipe of all water lines (November 2025), new water heater with dedicated breaker (2026), AC unit (2022), vinyl windows, and a new shed (2024). Septic last pumped in 2022. 7105 Wilson Drive: 2-bedroom, 1-bath home offering approximately 825 square feet situated on approximately 0.75 acre. Currently vacant, with estimated rental potential of $1,400-$1,450/month. Improvements include a new septic system (2022), new water heater (2025), replacement of the underground water line extending over 200 feet from the street (2026), and new rear fencing (2026). Septic pumped April 2025. 7107 Wilson Drive: 1-bedroom, 1-bath camper residence situated on shared parcel 060EC004 with 7109 Wilson Drive. Currently rented for $800/month on a month-to-month basis, with tenancy dating back to 2022. Septic last pumped in 2022. 7109 Wilson Drive: 2-bedroom, 1-bath home offering over 800 square feet. Currently rented for $1,350/month. Improvements include a new water heater (December 2023), AC unit (2022), new flooring throughout, new rear fencing (2026), and septic system installed in 2022. Septic pumped April 2023. With established rental history, separate utility systems, recent improvements, and additional income potential through the vacant dwelling, this is an opportunity to acquire multiple rental residences in one complete package. Bring your investment vision and explore the possibilities this multi-dwelling property has to offer!
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FeaturesGeneralHeating Central Electric
Cooling Central Cooling
Construction Materials Other
Year Built 1983
Gross Income 60000
County Knox County - 1
Property Type Multi-Family
Attached Garage false
Subdivision Name J W Ferrell Resub
Status Active
Directions • Exit I-40: Take Exit 392 (Rutledge Pike / US-11W). • Turn onto Rutledge Pike: Turn right onto US-11W N / Rutledge Pike (heading northeast) and drive about 1.95 miles. • Turn onto Old Rutledge Pike: Turn right onto Old Rutledge Pike and go about 1.08 miles. • Turn onto Hillsboro: Turn left onto Hillsboro Road. • Arrive at Wilson Drive: Make a right onto Wilson Drive and 7101 will be along the street.
City Knoxville
Number Of Units Total 4
MLS Area Knox County - 1
MLS Area Minor Knox County - 1
Standard Status Active
New Financing Cash true
New Financing Coventional true
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InteriorFlooring Laminate
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorExterior Amenities Windows - Vinyl
Parking Features Off-Street Parking
Lot Dimensions 365x252
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* Excluded FeaturesList ByBilly HoustonListing Agent
Billy Houston Group, Realty ExecutivesBroker
billy@billyhoustongroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,832
- Monthly Property Taxes
- $22
- 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.
Learn more about how to save NearbyMulti-family listings in Knoxville, TN
Average List Price $870,506
Percent of Sale Price 112%
About Knoxville, TN 192,776 Population
8% Since 2002
$ 37,359 Median Income
35.08 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/2/2026 | $410,000 | | Listed Price |