315 N Castle St
Knoxville, TN 37914
- – beds
- – baths
- 10,380 sqft
- 15,507 sqft lot
- $82 per sqft
- 1950 build
- – on site
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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.
Listing courtesy of KAARMLS / The Ferguson Company
Last checked:
Checking…
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Last updated Nov 4, 2024
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MLS# 1272054 —
The Building
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Year Built:1950
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New Construction:No
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Construction Materials:Brick
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Architectural Style:None
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Direction Faces:None
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Roof:None
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Stories:None
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Stories Total:None
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Basement:None
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Exterior Features:Windows - Aluminum, Patio
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Patio & Porch Features:None
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Security Features:None
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Accessibility Features:None
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Building Area Total:10380.0
Interior
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Rooms Total:None
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Flooring:Hardwood, Vinyl
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Location
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Directions:I-40 exit at Cherry St. turn south toward Magnolia Ave., turn left on Magnolia, turn left on Castle St. Apartments at corner of E. 5th Ave and Castle St.
The Property
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Parcel Number:082FD009
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Property Type:Multi-Family
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Property Subtype:None
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Lot Features:None
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Lot Size Area:15507.0
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Lot Size Acres:0.36
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Lot Size Dimensions:118.8 X 153.3 X IRR
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Lot Size SqFt:15507.0
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Lot Size Source:None
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Lot Size Units:Square Feet
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Zoning:None
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Zoning Description:None
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Current Use:None
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Possible Use:None
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Topography:None
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View:None
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Fencing:None
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Waterfront:No
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Water Body Name:None
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Frontage Type:None
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Road Frontage Type:None
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Property Attached:No
Listing Agent
- Contact info:
- Office phone:
- (865) 690-1300
Taxes
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Tax Annual Amount:None
Beds
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Bedrooms Total:None
Baths
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Full Baths:None
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Three Quarter Baths:None
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Half Baths:None
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Partial Baths:None
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Quarter Baths:None
The Listing
Heating & Cooling
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Heating:Ceiling, Baseboard, Space Heater, Electric
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Heating:true
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Cooling:Window Unit(s)
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Cooling:true
Utilities
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Utilities:None
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Electric:None
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Sewer:None
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Water Source:None
Appliances
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Appliances:Range, Refrigerator
Schools
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Elementary School:Sarah M Greene/Magnet
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Elementary School District:None
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Middle Or Jr High School:Vine/Magnet
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Middle Or Jr High School District:None
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High School:Austin East/Magnet
The Community
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Subdivision Name:Lake Park Springs
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Senior Community:No
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Community Features:None
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Pool Private:No
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Pool Features:None
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Spa Features:None
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Association:No
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Association Fee:None
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Association Fee Includes:None
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Association Fee Frequency:None
Parking
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Attached Garage:false
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Carport Spaces:None
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Parking Features:On Premise Parking
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/31/24
Oct 31, 2024
|
Sold | KAARMLS | $860,000 | 1.2% |
8/11/24
Aug 11, 2024
|
Pending | KAARMLS | $850,000 | |
8/5/24
Aug 5, 2024
|
Listed / Active | KAARMLS | $850,000 |