Knoxville, TN 37921
784 SqFt
UPDATED:
02/23/2025 02:36 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 784 sqft
Price per Sqft $1,772
Subdivision John Richards Revision
MLS Listing ID 1289634
Originating Board East Tennessee REALTORS® MLS
Year Built 1920
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 41 X 144
Property Description
This 2-bedroom, 1-bathroom home is a rental generating $1,700/month in income, making it a fantastic addition to any portfolio. Located just minutes from Downtown Knoxville, the University of Tennessee, and major shopping centers, this property offers unbeatable convenience for tenants.
Positioned down the street from a large rental development currently under construction, this area is experiencing strong growth and increasing rental demand. With steady cash flow and proximity to key employment and entertainment hubs, this home presents long-term appreciation potential.
Investment Package Opportunity
This property is being sold as part of a bundle with the following investment properties:
📍 915 Burgess Ave, Knoxville, TN 37921 ($1,600/m)
📍 917 Burgess Ave, Knoxville, TN 37921 ($2,200/m for front home and $1,200/m for bach/second home)
📍 1233 Virginia Ave, Knoxville, TN 37921 ($1,600/m)
📍 1928 Jourolman Ave, Knoxville, TN 37921 ($1,600/m - second/bach property collected $1,400/m when rented)
📍 1934 Jourolman Ave, Knoxville, TN 37921 ($2,200/m)
📍 2638 Greenway Dr, Knoxville, TN 37918 (currently unoccupied)
Seller prefers to sell as a bundle but will consider individual sales or a combination of properties.
Don't miss out on this rare chance to acquire multiple income-producing properties in Knoxville's growing rental market! selling 'As Is.'
Location
State TN
County Knox County - 1
Area 5924.0
Rooms
Other Rooms Bedroom Main Level, Mstr Bedroom Main Level
Interior
Heating Heat Pump, Natural Gas, Zoned, Electric
Cooling Central Cooling, Zoned
Flooring Laminate, Hardwood, Carpet, Vinyl, Tile
Heat Source Heat Pump, Natural Gas, Zoned, Electric
Exterior
Parking Features On Premise Parking, Side/Rear Entry
Garage Description SideRear Entry, On Premise Parking
Roof Type Shingle
Garage No
Building
Faces From DT Knoxville, take 275 North, Take W Oldham Ave Exit, left on W Oldham Ave, Right on Jourolman Ave, Left on Virginia Ave, ouse on Right. No Sign on property.
Structure Type Frame
Others
Restrictions No
Tax ID 094AE017
Energy Description Electric, Gas(Natural)
Acceptable Financing New Loan, Second Mortgage, Cash
Listing Terms New Loan, Second Mortgage, Cash