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Nathan Cate
REALTOR®

814 Midway Rd, Strawberry Plains, TN 37871

$750,000
  • 814 Midway Rd, Strawberry Plains, TN 37871 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET4,280 MLS#1343794
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Exceptional Income-Producing Property on 1.7 Unrestricted Acres - 5 Rental Units Total!Don't miss this rare investment opportunity featuring a fully renovated 4-plex and an additional single-family home, all situated on 1.7 unrestricted acres in a prime East Tennessee location. With all units currently leased, this turnkey property offers immediate cash flow and outstanding long-term investment potential.The 3,600-square-foot fourplex consists of four well-maintained units, each offering approximately 900 square feet of living space. Three units feature 2 bedrooms and 1 bathroom, while the fourth unit offers 1 bedroom and 1 bathroom. All units have been tastefully renovated and include private porches for tenants to enjoy. Additional amenities include an on-site coin-operated laundry facility, an 8x12 storage shed, and a durable metal roof that is only five years old.Adding even more value, the property includes a separate 680-square-foot single-family residence featuring 2 bedrooms, 1 bathroom, a laundry room, carport, and recent renovations throughout. A brand-new 10x14 storage shed is also located next to the home.Tenants and owners alike will appreciate the property's unique custom-built pickleball court, providing a highly desirable recreational amenity rarely found in investment properties.Conveniently located just 20 minutes from Knoxville, 15 minutes from Sevierville, 30 minutes from Gatlinburg, and only minutes from shopping, dining, entertainment, and interstate access, this property combines strong rental demand with exceptional location benefits.Whether you're looking to expand your investment portfolio or secure a high-performing income property, this one-of-a-kind opportunity delivers multiple income streams, recent updates, and unlimited potential with no restrictions.

814 Midway Rd | MLS# 1343794

This multi-family property located at 814 Midway Rd, Strawberry Plains, TN 37871 is currently listed for sale with an asking price of $750,000. Search Strawberry Plains real estate on ncate.franklinrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Fuel Type: Electric
Garage: 3
Heating: Central, Electric
Lot Size: 1.70 Acres
Year Built: 1967

Amenities

Walk-In Closet(s)
Pantry
Balcony

Feature Descriptions

Appliances: Range, Refrigerator
Days on Site: 6
Exterior: Steel, Stone, Vinyl Siding, Brick
Flooring: Laminate
Parcel #: 074 10201
Parking: Individual Carports, On Premise Parking, Carport, Detached
Security Features: Smoke Detector
SQFT Total: 4280
Units: 5
Utilities: Cable Available (TV Only)

Local Schools

High School: Carter
Middle School: Carter
Elementary School: Carter

Listed By / Shown By

Listed By

Agency Name: Wallace Jennifer Scates Group

Shown By

Agent Name: Nathan Cate
Agent Phone: (865) 660-7191
Agency Title: Franklin Realty Inc.

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Estimated Payment

$ 4,817.04 per month $4,598.29 Principal & Interest $0.00 Property Tax (data not provided by mls) $218.75 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/13/2026. The listing information on this page last changed on 06/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/13/2026 5:12:06 AM EST) or East Tennessee REALTORS (last updated Sat 06/13/2026 12:24:46 AM EST) or GSMAR MLS (last updated Fri 06/12/2026 9:14:15 PM EST) or Lakeway MLS (last updated Sat 06/13/2026 1:21:55 AM EST). Real estate listings held by brokerage firms other than Franklin Realty Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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