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1159 Mechanics Way, Knoxville, TN 37921
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1159 Mechanics Way, Knoxville, TN 37921
Sold for $720,000
1159 Mechanics Way, Knoxville, TN 37921
Sold for $720,000
1159 Mechanics Way, Knoxville, TN 37921
1159 Mechanics Way, Knoxville, TN 37921
1159 Mechanics Way, Knoxville, TN 37921
1159 Mechanics Way, Knoxville, TN 37921

1159 Mechanics Way Knoxville, TN 37921

$720,000

CLOSED
Beds
Baths
0
Sqft
15,768
Year
2007
Close Date
Nov 4, 2013
Property Type
Residential Income
Sub Type
Per Square Foot
$46
Date Listed
Nov 8, 2012

Description of 1159 Mechanics Way, Knoxville, TN 37921

Listing details for 1159 Mechanics Way, Knoxville, TN 37921 : Reduced to $899,000 ($74,917/Unit) 7.9pct. Cap Rate. 12 units in four triplexes, built in 2007. All units 3BR/2BA (1,314 SF) + attached 1 car garage. Tenants pay all Utilities. Separately-metered Water/Sewer and Electricity. KAT Bus Stop at corner. Near UT, the CBD, Food City, Western Avenue, I-275, and I-640. Upsides include rent increases (in process) and property tax appeal (currently appraised at $1,153,400).
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Listing Updated : 09-21-2026 at 1:05 AM CDT
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Listing Provided By

Steve A. Goldman, Goldman Partners Realty, LLC

Properties displayed may be listed or sold by various participants in the MLS

Source

East Tennessee Realtors, MLS#: 843879

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Property History

DateEventPrice
11/4/2013
Sold
$720,000
$46/sqft
Source:East Tennessee Realtors #843879
11/8/2012
Listed for sale
—
Source:East Tennessee Realtors #843879

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1159 Mechanics Way, Knoxville, TN 37921
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