711 Murray Drive, Knoxville, TN 37912
- $1,010,000
- 3,256
- SqFt
- List Price
- $1,010,000
- MLS#
- 1353401
- Status
- ACTIVE
- Type
- Single Family Residential
- City
- Knoxville
- County
- Knox
- Living Area
- 3,256
- Year Built
- 1971
Property Description
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.
Additional Information
- Construction
- Frame
- Cooling
- Window Unit(s)
- Exterior Features
- Balcony
- Floors
- Laminate, Tile, Other, Luxury Vinyl Plank
- Garage
- Off Street
- Living Area
- 3,256
- Lot Dimensions
- IRR
- Subdivision
- Miller Pt Lts 3 4
- Year Built
- 1971
- Subdivision
- Miller Pt Lts 3 4
- Heating
- Ceiling, Central, Other, Electric
- Num Of Units
- 8
Automated home estimates are a starting point, not a final answer. National websites do not know if your roof is five years old or twenty-five. They do not understand the value of a good piece of land in East Tennessee. At Real Estate Concepts, we combine instant data with actual local expertise to give you a valuation you can trust.
How It Works
Step 1: Tell us your address. Fill in the form — name, phone, email, and your property address.
Step 2: A local expert personally checks it. The number you see right away is your first-look value from a computer. Then one of our local East Tennessee experts personally checks it against real sold homes near you — the comps an algorithm can't weigh, like condition, updates, and your street. That personal check is the CMA.
Step 3: We talk through the real number. We'll walk you through what your home would actually sell for and what we'd do to get it — no obligation, and if the timing's wrong, we'll say so.
Frequently Asked Questions
Q: How is this different from a standard online estimate?
A: Speed and accuracy. You get immediate data from our system, backed up by a manual review from a local expert who knows the area roads and market trends.
Q: Is there a fee for this service?
A: No. We provide free valuations as a service to our East Tennessee community. There is no obligation to list with us.
Q: What areas do you cover?
A: Our agents live and work across East Tennessee, covering Morgan, Roane, Anderson, Scott, Claiborne, and Grainger counties and beyond.
Q: Do you have to visit my property in person?
A: Not for the initial valuation. We can run the numbers based on public records and recent local sales. In-person visits are available if you want a highly precise listing price.
Real Estate Concepts | Office: (423) 346-5800 — Or reach David Millard directly: Call or text (865) 951-9578
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Listing courtesy of Avison Young.
Agent: Lauren Farmer |
Office: Avison Young |