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,
Sold for $550,000
$550,000
314 Russell Rd, Rockford, TN 37853
9beds
5baths
4,316sqft
Multi Family
Built in 1962
-- sqft lot
$567,900 Zestimate®
$127/sqft
$1,599 Estimated rent
Home value
$567,900
$488,000 - $647,000
$1,599/mo
Zestimate® history
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Owner options
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$1,599/mo
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$3,034/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 8 hours ago
Listing updated: August 11, 2025 at 06:32am
Listed by:
Kevin G. Tipton 865-233-6441,
SVN I Wood Properties
Bought with:
Darrell L. Tipton, 011901
Realty Executives Associates
Source: East Tennessee Realtors,MLS#: 1304336
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
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Listing removed | $1,600 |
Source: Zillow Rentals Report a problem | ||
| 9/19/2025 | Price change | $1,600-11.1% |
Source: Zillow Rentals Report a problem | ||
| 9/5/2025 | Listed for rent | $1,800+89.5% |
Source: Zillow Rentals Report a problem | ||
| 8/8/2025 | Sold | $550,000$127/sqft |
Source:  East Tennessee Realtors #1304336 Report a problem | ||
| 6/16/2025 | Pending sale | $550,000$127/sqft |
Source: East Tennessee Realtors #1304336 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $796 | $50,050 |
| 2024 | $796 | $50,050 |
| 2023 | $796 -13.8% | $50,050 +34% |
Find assessor info on the county website
Neighborhood: 37853
Nearby schools
GreatSchools rating
- 6/10Rockford Elementary SchoolGrades: PK-5Distance: 0.3 mi
- NAEagleton Middle SchoolGrades: 6-8Distance: 1.8 mi
- 7/10Heritage High SchoolGrades: 9-12Distance: 6.3 mi
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- Tennessee
- Blount County
- Rockford
- 37853
- 314 Russell Rd