LKV Realty
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$415,000
$2,150Reward *
313 Gayview Drive, Knoxville, TN 37920Listing ID 1350067

313 Gayview Drive, Knoxville, TN 37920

Active
Knox County - 1
Time on site: 18 daysLast updated: Aug 9, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
3
Square Feet
Square Feet
3,056
Acres
Acres
0.32
Days on Site
Days on Site
18
Cooling
Cooling
Ceiling Fan(s)
Heating
Heating
Forced Air, Electric
Year Built
Year Built
1945
Parking
Parking
Basement, Main Level, On Street

This is the investment opportunity you've been waiting for! Whether you're looking to expand your rental portfolio, house multiple generations under one roof, or capitalize on a high cash-flow property, this one checks every box. The main level offers a warm and inviting layout featuring 2 spacious bedrooms and 2 bathrooms. The kitchen comes fully equipped with a range, refrigerator, and dishwasher, while the dedicated laundry room includes a washer and dryer for added convenience. Beautiful hardwood and tile flooring flow throughout the home, and the covered back deck provides the perfect space to relax or entertain guests. One of the bathrooms has already been gutted and is plumbed, giving the next owner an excellent opportunity to finish the space with their own style and selections while adding immediate value to the property. The HVAC system is not currently operational; however, the sellers are actively working to have it repaired, offering added peace of mind for the future owner. What truly sets this property apart is the fully finished lower level, thoughtfully designed into two separate living quarters, each with its own private entrance--creating exceptional income potential. The first apartment features its own living area, full kitchen with range and refrigerator, private bedroom, full bathroom, and closet. The second apartment offers an equally impressive setup with a private living area, kitchen with range and refrigerator, bedroom, full bathroom, closet, plus an additional half bath--a rare and highly desirable feature for tenants. The basement units share a conveniently located laundry room equipped with a washer and dryer, adding even more functionality for occupants.To help the next owner plan for maximizing the space, estimates for the installation of mini-split HVAC systems have already been obtained for the basement apartments. This provides a clear path for adding independent climate control while enhancing the property's long-term rental potential. Positioned in one of South Knoxville's most sought-after areas, this property is just minutes from the Smoky's Baseball Stadium Downtown, Two of Knoxville's largest quarries: Fort Dickerson and Meads, University of Tennessee, UT Medical Center, Ijams Nature Center, and an easy drive to The Smoky Mountains. Properties with this kind of versatility are becoming increasingly difficult to find. With three independent living spaces under one roof, private entrances for the basement apartments, and tremendous rental potential, this property is positioned to deliver outstanding returns for the savvy investor. Whether you choose to lease all three units, live upstairs while generating income below, or create the perfect multigenerational living arrangement, the possibilities are endless. Opportunities like this don't stay on the market for long. Schedule your showing today and discover why this South Knoxville gem is the kind of investment buyers wait for--but shouldn't wait to buy. **Open House** Saturday August 8th 2-4pm

Property Information

Property Details

Location

Address
313 Gayview Drive
County
Knox County - 1
City
Knoxville
Zip Code
37920
Subdivision
Knox County - 1
MLS Area
Knox County - 1

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1

Building

Building Information

Square Feet
3,056
Year Built
1945
Construction
Block, Frame, Brick, Wood Siding

Property Taxes

Tax Annual Amount
$1,324
Realty Executives South, (865) 910-0708

Market Report for 37920

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: East Tennessee Realtors®
East Tennessee Realtors® logo

The information being provided is 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. All information provided is deemed reliable but is not guaranteed and should be independently verified.

For corrections to this data please contact Brytecore MLS Support.

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