711 & 719 Murray Drive

For Sale

711 Murray Drive, Knoxville, TN 37912

This Knoxville property for sale is located at 711 Murray Drive. The current listed sale price for 711 & 719 Murray Drive is $550,000.

Contacts

Jim Holleman

Avison Young

Lauren Farmer

Avison Young

Property Details

  • Property Type Other
  • Property Size 3 SF
  • Date Updated Sep 26, 2026

711 Murray Drive & 719 Murray Drive offer the opportunity to acquire eight units across two adjacent four-unit multifamily properties. The properties total approximately 6,689 square feet on 1.32 acres. Each property includes two 2BR/1BA and two 1BR/1BA units, for a combined unit mix of four 2BR/1BA and four 1BR/1BA residences.

711 Murray Drive is fully leased with long-term tenancy in place and includes on-site laundry with the opportunity to expand tenant use. Recent improvements include a new driveway, deck, concrete, gutters, shed, and flooring improvements.

The adjacent 719 Murray Drive offers immediate value-add potential. One unit is currently occupied under a one-year lease, while the remaining three units have been cleared and primed, allowing a new owner to complete interior finishes and bring the units back online. Recent improvements include a newer roof, upgraded electrical service boxes, new concrete, and gutters.

Together, the properties offer a combination of existing rental income at 711 Murray Drive and renovation and lease-up potential at 719 Murray Drive.


Property Highlights

  • $1,010,000 Asking Price
  • 6,689 SF multifamily building
  • 1.32 acres
  • 8 residential units
  • Unit mix: Four 2BR/1BA and four1BR/1BA units
  • 711 - Fully occupied with long-term tenancy in place; 719 - 1 unit has 1 year lease in place. 3 units - vacant and ready for finishes to be completed.
  • On-site laundry expansion for tenant use available in 711 building
  • Recent improvements include:
  1. New driveway
  2. New deck
  3. Concrete improvements
  4. New gutters
  5. Shed
  6. Flooring improvements
  • 711 Murray Drive available only with 719 Murray Drive



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Location

  • City Knoxville, TN
  • Neighborhood Murray
  • Zip Code 37912
  • Market Knoxville

Points of Interest

  • Three Rivers Rambler

    5.12 miles

  • Weigel's

    1.03 miles

  • Pilot

    1.09 miles

  • Exxon

    1.12 miles

  • Delta Express

    1.38 miles

  • BP

    1.46 miles

  • Kroger

    1.62 miles

  • Walmart

    1.75 miles

  • Shell

    1.75 miles

  • Tesla Supercharger

    5.32 miles

  • Blink

    5.60 miles

  • Jackson Avenue Lot

    5.09 miles

  • C9

    5.10 miles

  • Jackson Lot

    5.14 miles

  • White Avenue Parking Garage

    5.15 miles

  • Caldonia Pass

    5.21 miles

  • SP+

    5.25 miles

  • Lake Avenue Parking Garage

    5.25 miles

  • Terrace Avenue Parking Garage

    5.26 miles

  • Summer Place Parking Garage

    5.27 miles

  • Market Square Parking Garage

    5.28 miles

  • Motel 6

    0.94 miles

  • Holiday Inn Knoxville N - Merchant Drive

    1.00 miles

  • Scottish Inns Knoxville

    1.00 miles

  • Knights Inn

    1.01 miles

  • Holiday Inn Express Knoxville

    1.02 miles

  • Super 8

    1.04 miles

  • Days Inn by Wyndham Knoxville North

    1.06 miles

  • Fairfield Inn & Suites Knoxville Northwest

    1.07 miles

  • Econo Lodge

    1.10 miles

  • Comfort Suites North

    1.25 miles

  • Food City

    1.21 miles

  • Ingles

    1.41 miles

  • Target

    1.53 miles

  • Marshalls

    1.56 miles

  • Kroger

    1.63 miles

  • ALDI

    1.69 miles

  • Ross

    1.71 miles

  • Walmart Supercenter

    1.87 miles

  • Monarca Tienda y Carniceria

    2.49 miles

  • Walmart Neighborhood Market

    2.66 miles

Contact 711 & 719 Murray Drive
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