Knoxville, TN 37914,315 Castle St
Knoxville, TN 37914,315 Castle St
Knoxville, TN 37914,315 Castle St
Knoxville, TN 37914,315 Castle St
Knoxville, TN 37914,315 Castle St
Knoxville, TN 37914,315 Castle St
See all 19 photos

$860,000

$850,000

1.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

10,380 SqFt


SOLD DATE : 10/31/2024

Key Details

Sold Price $860,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 10,380 sqft

Price per Sqft $82

Subdivision Lake Park Springs

MLS Listing ID 1272054

Year Built 1950

Lot Size 0.360 Acres

Property Description

This property presents an exceptional investment opportunity only 3 miles from Downtown Knoxville and the Old City shops and restaurants, as well as minutes from UTK campus. It is 1.2 miles from the under construction downtown Sports and Entertainment Stadium to be completed 2025. This venue will host the Tennessee Smokies Baseball, One Knoxville SC Soccer, concerts, festivals and other special events only adding to the draw of Downtown social events and UT sports. The property offers urban convenience and prime real estate potential. The investment consists of 12 apartment units, each featuring 2 bedrooms and 1 bathroom. In the past year, significant maintenance updates and renovations have been carried out, and the property is at 90% occupancy, with one unit used for storage. Located in the heart of East Knoxville, the complex is centrally located to many activities for all ages. This property is ideal for investors looking to expand their portfolio, offering exceptional potential and flexibility for a rewarding investment. The listing emphasizes the property's strategic location, recent improvements as key selling points, positioning it as an attractive opportunity in a growing area of Knoxville.

Location

State TN

County Knox County - 1

Area 15507.0

Rooms

Other Rooms Other

Interior

Heating Ceiling, Baseboard, Space Heater, Electric

Cooling Window Unit(s)

Flooring Hardwood, Vinyl

Exterior

Exterior Feature Windows - Aluminum, Patio

Parking Features On Premise Parking

Garage Description On Premise Parking

Roof Type Shingle

Building

Structure Type Brick

Schools

Elementary Schools Sarah M Greene/Magnet

Middle Schools Vine/Magnet

High Schools Austin East/Magnet

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by The Ferguson Company

GET MORE INFORMATION

Luke Wimoth
Luke Wimoth

Agent | License ID: 380596

+1(865) 505-7818

308 N. Peters Rd Su. 225 Knoxville Tn 37922, USA

Name
Phone*
Message