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Lacy Mellon

lacymellon@gmail.com +1(865) 742-3936

$225,000

Est. payment - /mo

1,632 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,632 sqft

Price per Sqft $137

Subdivision Linwood 2Nd Add

MLS Listing ID 1340586

Year Built 1940

Lot Dimensions 50 X 150

Source East Tennessee REALTORS® MLS

Property Description

Attention investors and savvy house-hackers, this duplex is the opportunity you've been waiting for. Featuring two separate units, the property offers both immediate income and long-term potential. One unit is a spacious two-bedroom, one-bath home currently leased through Section 8 at $930 per month, with tenants responsible for their own utilities. The second unit is a one-bedroom, one-bath space that is currently vacant and was previously rented for $1,100 per month, giving you the flexibility to move in yourself or place a new tenant at market rate. Whether you're looking to live in one unit and let the other offset your mortgage or expand your rental portfolio with a strong cash-flowing property, this duplex delivers versatility, stability, and value.

Location

State TN

County Knox County - 1

Rooms

Other Rooms Other

Interior

Heating Central, Natural Gas, Space Heater

Cooling Central Cooling, Window Unit(s)

Flooring Vinyl

Heat Source Central, Natural Gas, Space Heater

Exterior

Parking Features On-Street Parking

Garage Description On-Street Parking

Roof Type Asphalt

Garage No

Building

Faces I-275 N to the Heiskell Ave exit to N. Central St Atlantic Ave

Structure Type Brick

Others

Tax ID 081GA026

Energy Description Gas(Natural)

Acceptable Financing VA Loan, FHA, Cash, Conventional

Listing Terms VA Loan, FHA, Cash, Conventional

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Listed by United Real Estate Solutions

Nearby School & Business

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Lacy Mellon

+1(865) 742-3936

Team Leader/Agent | License ID: 328504

Team Leader/Agent License ID: 328504

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117 Atlantic Ave Knoxville, TN 37917

Lacy Mellon

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information