311 Silver Place is a 7-unit multifamily asset in Historical North Knoxville currently in the process of lease-up following a foreclosure transition and operational reset. Ownership has completed tenant roster cleanup and implemented a new rent structure, including a built-in water/sewer reimbursement component (will be included in rents on new leases), to support stabilized cash flow. This opportunity is intentionally positioned for a hands-on owner-operator seeking to complete stabilization and benefit from self-management. Under a stabilized, self-managed scenario, the property offers compelling yield relative to comparable small multifamily assets. No short-term rental income is assumed. Utilities shall been normalized following vacancy and transition-related usage. Ideal for local investors comfortable executing lease-up and ongoing management to unlock long-term income and appreciation. Built prior to 1978 - Lead Based Paint potential exists.