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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

    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,

    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#: 1304336MLS Logo

    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