5639 Lon Roberts Dr Knoxville, TN 37918

Listing details for 5639 Lon Roberts Dr, Knoxville, TN 37918 : Fountain City is exploding and this is a great opportunity to get in on the ground floor with an all brick 4-Plex that has been mostly renovated. All 4 tenants have been there nearly 2 years and rents are ready to be increased. Roof was replaced in 2012, one HVAC unit was replaced in 2024, and the others were replaced around 2017. One unit is currently rented for $1,300 and three are rented for $1,200. The complex is less than 1/2 mile to booming Broadway with all the new shops gyms, and restaurants. There is an area in the back that can be used for laundry as an extra income source. Comparable units are currently renting for $1,400. Taxes are $5,608.92. Insurance is $2,371. $5,Owner/Agent.