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$640,000

5511 Colonial Cir Knoxville, TN 37918

3,808 sqft
0.3 acres
$168 / sqft
Multi-Family

Property details

About 5511 Colonial Cir

5511 Colonial Cir is a great quadruplex nestled in a quiet Fountain City neighborhood. In walking distance to the elementary and middle school, each unit is a spacious 2 bed 1 bath with their own laundry and big back decks. Most of the appliances are new. The upstairs units have great views of Broadway. The building is a full brick exterior with updated vinyl windows. Each unit has its own central HVAC and breaker panel. There is a shared entry way and a utility closet for easy access to hot water heaters and plumbing. All tenants are on annual leases with one scheduled to move out on July 31st making this a good fit for anyone looking to house hack. Multifamily of this size and in this area are extremely rare. Agent has personal interest in the property.

Highlights

Home typeQuadruplex
StatusActive
CoolingCentral Air
Size3,808 sqft
Lot size0.3 Acres
Year built1977
ParkingDriveway, Off Street, Parking Lot, Paved
MLS #1517182

Summary

  • Basement: No
  • Attached Garage: No
  • Parking: Driveway, Off Street, Parking Lot, Paved
  • Cooling: Central Air
  • List Price: $640,000
  • Price/SqFt: $168
  • Annual Tax Amount: $5,370
  • Tax Year: 2023
  • Directions: coming up Gresham road take a right onto Montbelle Dr, 1/2 mile on your left you will see the building
  • Year Built: 1977
  • Living Area: 3,808 SqFt
  • Lot Size: 0.3 Acres
  • MLS Number: 1517182
  • MLS Name: Greater Chattanooga REALTORS®
  • Office Name: Working Moms Realty LLC
  • Office Phone: (423) 826-9093
  • Office Email: admin@workingmomsrealty.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 4:40:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jul 09, 2024
Home Sold
$375,000
Oct 26, 2021
Home Sold
$360,000
Aug 24, 2021
Home Sold
$275,000
Nov 26, 2008
Home Sold
$167,200
Apr 13, 1995
Home Sold
$15,000
Apr 04, 1995
Home Sold
$15,000

Tax history

YearAssessmentProperty Tax
2023$144,760$5,370
2022$144,760$5,370
2020$68,440$3,137

History based on county public records data.

Nearby schools

3

Fountain City Elementary School

Public District KG-5

0.2 mi

2910 Montbelle Dr

7

Shannondale Elementary School

Public District KG-5

1.7 mi

5316 Shannondale Rd

4

Adrian Burnett Elementary School

Public District PK-5

2.1 mi

4521 Brown Gap Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,771. Typical income of Knoxville, TN residents is less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

44%
<35k
44%
35k-100k
12%
100k-200k
0%
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
7%
Single, with Kids
27%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
42%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • LongHorn SteakhouseLongHorn Steakhouse
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • ChevroletChevrolet

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Knoxville, TN

Knoxville features a developed transport infrastructure that supports both private and public transit options. The city's road network facilitates easy commuting and travel, with highways connecting Knoxville to surrounding areas. Public transportation services are available, providing residents with alternatives to private vehicle use. The city is also making strides in enhancing walkability and bikeability, with ongoing initiatives to improve the safety and convenience of non-vehicular travel. Ride-sharing services are present in the city, complementing the existing transportation options.

The community is served by a comprehensive educational system, including a number of public and private schools that cater to a range of educational needs. Healthcare facilities are well-distributed throughout the city, offering residents access to primary care, emergency services, and specialized medical treatments. Knoxville's public library system is extensive, providing educational and cultural resources to the community. Retail and dining options are plentiful, reflecting the local culture with a blend of traditional Southern cuisine and international flavors.

Knoxville is celebrated for its vibrant community spirit and rich cultural heritage. The city prides itself on a variety of local events and festivals that showcase its artistic flair and community engagement. From outdoor concerts to art exhibitions, Knoxville's character is defined by its active participation in the arts and its commitment to fostering a welcoming atmosphere for residents and visitors alike.

Knoxville's housing market presents a diverse array of options, with single-family homes being a significant presence. The architectural styles vary, offering a mix of historic homes that reflect the city's rich past and contemporary constructions that cater to modern tastes. While the majority of the housing stock is designed for family living, there is also a substantial selection of apartments and townhouses that appeal to individuals and smaller households. The homeownership rate in Knoxville is robust, with a healthy balance between owners and renters.

About 5511 Colonial Cir

The listing price of 5511 Colonial Cir property is $640,000.

The property 5511 Colonial Cir is a multi located in Knoxville, Tennessee, 37918.

Active Listing: 5511 Colonial Cir is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5511 Colonial Cir are: Fountain City Elementary School (GreatSchools Rating 3/10), Shannondale Elementary School (GreatSchools Rating 7/10), Adrian Burnett Elementary School (GreatSchools Rating 4/10), Gresham Middle School (GreatSchools Rating 4/10), Whittle Springs Middle School (GreatSchools Rating 3/10), Halls Middle School (GreatSchools Rating 4/10), Central High School (GreatSchools Rating 4/10), Dr. Paul L. Kelley Volunteer Academy (GreatSchools Rating 4/10), Halls High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $5,370 (source: MLS/based on county public records data).

The last sale was on July 9, 2024 for $375,000 (source: MLS/tax record).

The property 5511 Colonial Cir is 3,808 SqFt (source: MLS/tax record).

The year of construction for 5511 Colonial Cir is 1977.

This home is located at 5511 Colonial Cir in Knoxville, TN and zip code 37918. This 3,808 square foot home, which was built in 1977, sits on a 0.30 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $640,000.

In June 2025, from all listings sold in Knoxville, TN there were more than 126 sold above asking price, over 344 sold below and more than 181 were sold right at the asked price. Between May and June 2025, Knoxville, TN real estate market has seen decrease in the number of listings by 5.4%. The median list price of listings available in June 2025 was $388,575, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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