This portfolio features four single family rental homes all adjacent to one another. The property brings in gross monthly rents of $2,500, but with two vacancies due to recent renovations the gross potential monthly rent is $5,150. Recent cap ex has been completed at all properties including new flooring, paint, kitchens, bathrooms, and more. Tenants pay all utilities at the properties. The properties are located in Rockford - with convenient access to both Knoxville and Maryville.
Addresses:
314 Russell Road,
316 Russell Road,
320 Russell Road, &
322 Russell Road,
Sold for $550,000 on 08/08/25
$550,000
314 Russell Rd, Rockford, TN 37853
9beds
5baths
4,316sqft
Multi Family
Built in 1962
-- sqft lot
$550,000 Zestimate®
$127/sqft
$1,841 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 11, 2025 at 06:32am
Listed by:
Kevin G. Tipton,
SVN I Wood Properties
Bought with:
Darrell L. Tipton, 011901
Realty Executives Associates
Source: East Tennessee Realtors,MLS#: 1304336

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Vinyl
Interior area
- Total structure area: 4,316
- Total interior livable area: 4,316 sqft
Property
Parking
- Parking features: On Premise Parking
Details
- Parcel number: 027B D 023.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- Year built: 1962
Community & neighborhood
Location
- Region: Rockford
- Subdivision: River View Add
Other
Other facts
- Listing terms: New Loan,Cash,Conventional