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903 Luttrell St, Knoxville, 37917
Priced At: $865,000
Property Details for ID: 1330030
SqFt: 5,608
Price SqFt: $154
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2026-02-20T16:25:06Z
Subdivision: Gills Add
Public Remarks: 4 U - 4TH & GILL - FULLY LEASED - ALL 2 BDRMS & RESIDENTS PAY ALL UTILITIES - $865K Priced 5% below 2026 City appraisal of $905,900 plus Value Add with at least 20% rental upside. Huge units, high ceilings, lots of original wood touches. Great corner lot offering plenty of park at curb and onsite parking off the rear alley. Amazing location. Walk to coffee shops, local breweries, Axle logistics and so much more! And just steps to the First Creek Greenway & the 4th & Gill Park, this 4plex has so much to offer with loads of original charm such as hardwood floors, high ceilings, wood banisters and doors combined with the modern amenities that residents look for - central HVAC & washer/dryer connections. The two upstairs units enjoy individual entrances on the welcoming porch, are accessed by their private staircases and also have rear access to the backyard from their own covered balconies. Fourth and Gill is an amazing neighborhood with double wide sidewalks, plenty of parking, excellent access to bike paths, pocket parks, Covenant Park, downtown and the Old City. This is an opportunity that rarely comes along.
Schools Information
Sorry, school information is not available for this listing.Building Description
SqFt (Total): 5,608
Exterior Features
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Interior Features
Property Details
Utilities
Financing
Annual Operating Expenses: 20,936
Net Operating Income: 45,064
HOA Information
Heating & Cooling
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Up Coming Open Houses
Directions
Take I-40 to Exit 389 and turn South onto Hall of Fame Dr. In 0.2 miles turn Right onto Gill Ave. 4Plex will be on the right at NW corner of Gill Ave and Luttrell St. No Sign on Property. Please don't disturb the residents.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
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Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!