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903 Luttrell St - 4Plex in Fourth & Gill 4 Unit Apartment Building Offered at $1,128,820 CAD at a 5.56% Cap Rate Knoxville, TN 37917
Investment Highlights
- Historic Neighborhood
- Original floors and fireplaces
- Within walking distance to restaurants, bars and more.
Executive Summary
CHARMING 4-PLEX ON CORNER LOT IN HISTORIC FOURTH & GILL
First time on the market since 2006! This 4plex has much of it's original charm with hardwood floors, high ceilings, wood bannisters and doors. The units are very spacious with an average sq footage over 1200 sq ft that includes plenty of storage. The two upstairs units that are accessed by their private staircases also enjoy rear access to the backyard from their own covered balcony. All units have central HVAC and interiors have been upgraded over time. Fourth and Gill is an amazing neighborhood with double wide sidewalks, plenty of parking, excellent access to bike paths, pocket parks, downtown and the Old City. This is an opportunity that rarely comes along. Please find video walkthroughs of each unit under the documents tab. No sign on property and we respectively request that you do not disturb the residents
First time on the market since 2006! This 4plex has much of it's original charm with hardwood floors, high ceilings, wood bannisters and doors. The units are very spacious with an average sq footage over 1200 sq ft that includes plenty of storage. The two upstairs units that are accessed by their private staircases also enjoy rear access to the backyard from their own covered balcony. All units have central HVAC and interiors have been upgraded over time. Fourth and Gill is an amazing neighborhood with double wide sidewalks, plenty of parking, excellent access to bike paths, pocket parks, downtown and the Old City. This is an opportunity that rarely comes along. Please find video walkthroughs of each unit under the documents tab. No sign on property and we respectively request that you do not disturb the residents
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Fireplace
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Yard
- Deck
- Freezer
- Office
- Patio
- Porch
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,952 CAD | 1,200 - 1,400 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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903 Luttrell St - 4Plex in Fourth & Gill
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