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0 Baths
5,626 sqft

$999,950

311 Silver Place, Knoxville TN, 37917

Price per sqft$177.74
Built in1899
Property size5,626 sqft
Property typeMulti-family
Courtesy of Pace Probity Asset Management, Christy CJ Pace

Overview

Active

Listed Mar 19, 2026

Updated Jun 9

Well-located 7-unit multifamily opportunity in North Knoxville, recently taken over following foreclosure and management transition. Current ownership has completed roster cleanup, implemented a revised rent structure that includes a built-in water/sewer offset, and is actively refilling vacant units. All units are operated as long-term rentals; no short-term rental income is assumed or required. This asset is best suited for a hands-on owner-operator seeking to complete lease-up and maximize cash flow through self-management and operational efficiency. Utilities are individually metered where applicable, with owner covering common utilities and water/sewer. Income and expense figures reflect projected stabilized operations based on market-supported rents. Buyer to verify all information and perform independent due diligence. Located just minutes from Downtown Knoxville, UT, major employers, and local entertainment districts. Property built before 1978 may contain lead-based paint. Zoned RN-4

$6,653/mo

Est. mortgage payment based on a $999,950 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Courtesy of Pace Probity Asset Management, Christy CJ Pace

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Data last updated 5:40 PM UTC, 6/9/2026

 

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