Listing provided by: Cohl Morgan · PWA Properties
Source: East Tennessee REALTORS® MLS · MLS# 1341968
Listing last updated
About this home
Present 1903 Piney Grove Church Road, an 8-unit affordable housing community located in Knoxville, TN. The property consists of 8 studio-style units and offers investors stable, contract-backed income with a Housing Assistance Payments (HAP) contract in place. The property is managed by a professional third-party management company, with management structured in accordance with HAP regulations. With increasing housing demand, limited affordable inventory, and continued regional investment, the Knoxville market remains well-positioned for long-term multifamily performance and rent growth.
Facts & features
- Bathrooms: 0
- Heating: Central, Natural Gas
- Cooling: Central Cooling
- Flooring: Hardwood
- Total interior livable area: 5,200 sqft
- Parking features: Off-Street Parking, On Premise Parking
- Attached garage: No
- Dimensions: 1 Acre
- Parcel number: 106HA00101
- Home type: Multi-Family
- Materials: Brick
- Year built: 1986
- Subdivision: Annexed Ord 0-31-89
- County: Knox County - 1
- MLS area: Knox County - 1
- Region: Knoxville
- Price: $675,000
- Price per square foot: $130/sqft
- Annual tax: $0
- Listing terms: Call Listing Agent, Cash, Conventional
- Date on market: May 22, 2026
- Days on market: 45
- Status: Active
- MLS #: 1341968
Location
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