$5,176 Closing Credit¹
#1280818, Listing Office: Realty Executives South
$399,000 List price
308 Knox Rd Knoxville, TN 37918
$4,738
Closing credit¹
4,584 sqft
0.5 acres
$87 / sqft
House
Property details
About 308 Knox Rd
6 UNITS - FTN CITY - VACANT - FLOOD ZONE - Prequal required with all offers. Located in the heart of Fountain City, this vacant 6-unit building offers a unique opportunity for investors seeking a property with strong upside potential. Situated in a highly sought-after area, this building consists of 4 2-bedroom, 1-bath units and 2 1-bedroom, 1-bath units. While the property does require substantial work (please see videos of all interiors), it is a value add play. If you're looking to renovate and flip, to create long-term rental income, the prime location and desirable unit mix offer the perfect foundation to unlock its full potential. This property is within walking distance to Kroger, coffee shops, two different parks and many fast food chains. . Seller to close at Tennessee Valley Title Kimberly D Carmosino and requests Buyer do same. The seller has sourced two insurance quotes for this property from TIS Insurance. First quote is for $250k in coverage and is priced at $1,751 and the second quote is for $400k in coverage at $5,891 per month.
Highlights
Home typeOther
HeatingBaseboard, Electric
StatusActive
CoolingWindow Unit(s)
Size4,584 sqft
Lot size0.48 Acres
Year built1940
ParkingOn Premise Parking
MLS #1291013
Summary
- MLS Number: 1291013
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Goldman Partners Realty, LLC
- Office Phone: (865) 705-8675
- Office Email: sgoldman@gprknoxville.com
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 5:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$399,000
308 Knox Rd
$4,738
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 23, 2022 | Home Sold | $331,152 |
| Oct 02, 2015 | Home Sold | $177,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $146,840 | $5,447 |
| 2020 | $68,400 | $3,135 |
| 2019 | $68,400 | $3,135 |
| 2017 | $68,400 | $3,135 |
History based on county public records data.
Nearby schools
3
Fountain City Elementary School
Public District KG-5
0.6 mi
•2910 Montbelle Dr
5
Sterchi Elementary School
Public District KG-5
1.8 mi
•900 Oaklett Dr
7
Shannondale Elementary School
Public District KG-5
2.1 mi
•5316 Shannondale Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,223. The majority of Knoxville, TN residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
38%
<35k
55%
35k-100k
6%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
52%
Single, No Kids
9%
Single, with Kids
26%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
42%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Horse Races
NHRA Drag Racing
Where do the neighbors shop?
Books-a-Million
Stein Mart
Big Lots
Where do the neighbors go to eat?
Church's Chicken
LongHorn Steakhouse
Golden Corral
What do the neighbors drive?
Toyota
Buick
Kia
What do the neighbors listen to?
Adult Hits
Contemporary Inspirational- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Knoxville, TN
About 308 Knox Rd
This home is located at 308 Knox Rd in Knoxville, TN and zip code 37918. This 4,584 square foot home, which was built in 1940, sits on a 0.48 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 24, 2025 and is currently priced at $399,000.
While more than 54 listings in Knoxville, TN in February 2025 were sold above asking price, there were more than 61 listings sold at asking price, and more than 168 were sold below. In February 2025 in Knoxville, TN there were 3% more homes for sale than in January. The median list price of listings available in February 2025 was $382,067, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.