$449,000 Investment opportunity in Fountain City. This updated duplex features two 2-bedroom, 1-bath units, both currently vacant and move-in ready, giving the next owner immediate flexibility to select tenants and establish new leases. Ideal for an investor looking to expand a rental portfolio or an owner-occupant interested in living in one unit while renting the other. New roof installed September 2026. Both units underwent extensive renovations in 2022 and feature updated kitchens with soft-close cabinetry, tile backsplashes, appliances including dishwashers, refinished hardwood floors, updated bathrooms, and washer and dryer connections. Unit A features an updated shower enclosure, while Unit B offers a custom tile shower. Major improvements include replacement windows, PEX plumbing in the kitchens and bathrooms, HVAC systems replaced in 2020, updated gutters and downspouts, added insulation, updated lighting, and a paved driveway with retaining walls. The property offers approximately 1,875 total square feet of single-level living, a carport, additional off-street parking, and a storage shed. With both units vacant, the next owner has immediate possession and the freedom to establish their own rental strategy without assuming existing leases. Conveniently located in Fountain City with access to shopping, dining, major roadways, and downtown Knoxville. Two updated units, a new roof, extensive improvements, and immediate availability make 5800 Fountain Road a strong option for investors and owner-occupants. Seller is ready to make a move and will give serious consideration to reasonable offers and terms. Showings by appointment. Buyer to verify all information important to their purchase 1354746 MLS Investment opportunity in Fountain City. This updated duplex features two 2-bedroom, 1-bath units, both currently vacant and move-in ready, giving the next owner immediate flexibility to select tenants and establish new leases. Ideal for an investor looking to expand a rental portfolio or an owner-occupant interested in living in one unit while renting the other. New roof installed September 2026. Both units underwent extensive renovations in 2022 and feature updated kitchens with soft-close cabinetry, tile backsplashes, appliances including dishwashers, refinished hardwood floors, updated bathrooms, and washer and dryer connections. Unit A features an updated shower enclosure, while Unit B offers a custom tile shower. Major improvements include replacement windows, PEX plumbing in the kitchens and bathrooms, HVAC systems replaced in 2020, updated gutters and downspouts, added insulation, updated lighting, and a paved driveway with retaining walls. The property offers approximately 1,875 total square feet of single-level living, a carport, additional off-street parking, and a storage shed. With both units vacant, the next owner has immediate possession and the freedom to establish their own rental strategy without assuming existing leases. Conveniently located in Fountain City with access to shopping, dining, major roadways, and downtown Knoxville. Two updated units, a new roof, extensive improvements, and immediate availability make 5800 Fountain Road a strong option for investors and owner-occupants. Seller is ready to make a move and will give serious consideration to reasonable offers and terms. Showings by appointment. Buyer to verify all information important to their purchase 5800 Fountain Rd, Knoxville
$460,000 Value-add multifamily opportunity in Knoxville featuring four residential units with a mix of two 2BR/1BA and two 1BR/1BA units. The approximately 3,256-square-foot building sits on approximately 0.52 acres and offers an opportunity for an investor to complete renovations and reposition the property. Three of the four units have been cleared and primed, leaving a largely blank canvas for a new owner to complete finishes to their specifications. One unit remains occupied under a one-year lease, with the remaining three units currently vacant. Significant capital improvements have been completed in recent years, including a newer roof, upgraded electrical service boxes, and new concrete and gutters, along with landscape cleanup and preparation of the vacant units for renovation. The owner's improvement schedule identifies the roof, electrical service, concrete, unit preparation, landscape cleanup, and gutters among the recent work completed at the property. With much of the initial preparation already complete, 719 Murray Drive offers an investor the opportunity to finish the units, establish new rents and bring the property back to stabilized occupancy. 1353403 MLS Value-add multifamily opportunity in Knoxville featuring four residential units with a mix of two 2BR/1BA and two 1BR/1BA units. The approximately 3,256-square-foot building sits on approximately 0.52 acres and offers an opportunity for an investor to complete renovations and reposition the property. Three of the four units have been cleared and primed, leaving a largely blank canvas for a new owner to complete finishes to their specifications. One unit remains occupied under a one-year lease, with the remaining three units currently vacant. Significant capital improvements have been completed in recent years, including a newer roof, upgraded electrical service boxes, and new concrete and gutters, along with landscape cleanup and preparation of the vacant units for renovation. The owner's improvement schedule identifies the roof, electrical service, concrete, unit preparation, landscape cleanup, and gutters among the recent work completed at the property. With much of the initial preparation already complete, 719 Murray Drive offers an investor the opportunity to finish the units, establish new rents and bring the property back to stabilized occupancy. 719 NW Murray Drive Rd, Knoxville
$1,010,000 711 Murray Drive & 719 Murray Drive offer the opportunity to acquire eight units across two adjacent four-unit multifamily properties. The properties total approximately 6,689 square feet on 1.32 acres. Each property includes two 2BR/1BA and two 1BR/1BA units, for a combined unit mix of four 2BR/1BA and four 1BR/1BA residences. 711 Murray Drive is fully leased with long-term tenancy in place and includes on-site laundry with the opportunity to expand tenant use. Recent improvements include a new driveway, deck, concrete, gutters, shed, and flooring improvements. The adjacent 719 Murray Drive offers immediate value-add potential. One unit is currently occupied under a one-year lease, while the remaining three units have been cleared and primed, allowing a new owner to complete interior finishes and bring the units back online. Recent improvements include a newer roof, upgraded electrical service boxes, new concrete, and gutters. Together, the properties offer a combination of existing rental income at 711 Murray Drive and renovation and lease-up potential at 719 Murray Drive. Please note: 711 Murray Drive is available only as part of the combined offering and will not be sold separately. 719 Murray Drive may be purchased independently. 1353401 MLS 711 Murray Drive & 719 Murray Drive offer the opportunity to acquire eight units across two adjacent four-unit multifamily properties. The properties total approximately 6,689 square feet on 1.32 acres. Each property includes two 2BR/1BA and two 1BR/1BA units, for a combined unit mix of four 2BR/1BA and four 1BR/1BA residences. 711 Murray Drive is fully leased with long-term tenancy in place and includes on-site laundry with the opportunity to expand tenant use. Recent improvements include a new driveway, deck, concrete, gutters, shed, and flooring improvements. The adjacent 719 Murray Drive offers immediate value-add potential. One unit is currently occupied under a one-year lease, while the remaining three units have been cleared and primed, allowing a new owner to complete interior finishes and bring the units back online. Recent improvements include a newer roof, upgraded electrical service boxes, new concrete, and gutters. Together, the properties offer a combination of existing rental income at 711 Murray Drive and renovation and lease-up potential at 719 Murray Drive. Please note: 711 Murray Drive is available only as part of the combined offering and will not be sold separately. 719 Murray Drive may be purchased independently. 711 Murray Drive, Knoxville
$449,000 Completely remodeled downtown Knoxville duplex! Use it as a duplex, or leave the interior hallways open and use it as a single-family home. Each unit is separately metered and features its own HVAC system, with each system protected by a transferable one-year warranty. One unit features 3 bedrooms while the other offers a smaller 1-bedroom apartment complete with its own kitchen, bathroom, laundry, and separate entrances. This property features two newly remodeled kitchens with new cabinets, laundry in both units, updated appliances, new flooring, and refinished original flooring that preserves some of the home's original charm. Additional updates include new vanities and sinks, modern luxury tile bathrooms and fixtures, updated PVC and PEX plumbing, updated ductwork, updated windows, updated electrical, updated vinyl siding, and so many more improvements that it is hard to list them all! Each unit features its own freshly serviced HVAC system protected by a transferable one-year warranty. The larger unit also features two brand-new mini-split HVAC systems serving the upstairs of the home, each with a transferable one-year warranty. The large unfinished basement gives future owners plenty of opportunity to add even more space to this fantastic home. The property also features an off-street three-car parking pad with new railing and steps at the rear of the property, a matching shed in the backyard, and beautiful mature trees. Enjoy a terrific location close to Three Rivers Market, the Old City, Lincoln Memorial University, the University of Tennessee, and everything downtown Knoxville has to offer. Whether you are searching for an investment property, an owner-occupied duplex, a multigenerational living arrangement, or a unique single-family home, this thoughtfully renovated property offers outstanding versatility in a fantastic Knoxville location. Located in a highly sought-after quiet residential neighborhood, the kind of place where you see friendly neighbors constantly walking on the sidewalks and waving hello. Experience the beauty on the large, open, and spacious front porch and see the beautiful sunset views of sharps ridge for yourself. Buyer/buyers agent to verify all information. 1350573 MLS Completely remodeled downtown Knoxville duplex! Use it as a duplex, or leave the interior hallways open and use it as a single-family home. Each unit is separately metered and features its own HVAC system, with each system protected by a transferable one-year warranty. One unit features 3 bedrooms while the other offers a smaller 1-bedroom apartment complete with its own kitchen, bathroom, laundry, and separate entrances. This property features two newly remodeled kitchens with new cabinets, laundry in both units, updated appliances, new flooring, and refinished original flooring that preserves some of the home's original charm. Additional updates include new vanities and sinks, modern luxury tile bathrooms and fixtures, updated PVC and PEX plumbing, updated ductwork, updated windows, updated electrical, updated vinyl siding, and so many more improvements that it is hard to list them all! Each unit features its own freshly serviced HVAC system protected by a transferable one-year warranty. The larger unit also features two brand-new mini-split HVAC systems serving the upstairs of the home, each with a transferable one-year warranty. The large unfinished basement gives future owners plenty of opportunity to add even more space to this fantastic home. The property also features an off-street three-car parking pad with new railing and steps at the rear of the property, a matching shed in the backyard, and beautiful mature trees. Enjoy a terrific location close to Three Rivers Market, the Old City, Lincoln Memorial University, the University of Tennessee, and everything downtown Knoxville has to offer. Whether you are searching for an investment property, an owner-occupied duplex, a multigenerational living arrangement, or a unique single-family home, this thoughtfully renovated property offers outstanding versatility in a fantastic Knoxville location. Located in a highly sought-after quiet residential neighborhood, the kind of place where you see friendly neighbors constantly walking on the sidewalks and waving hello. Experience the beauty on the large, open, and spacious front porch and see the beautiful sunset views of sharps ridge for yourself. Buyer/buyers agent to verify all information. 416 E Churchwell Ave Unit 1 & 2, Knoxville
$260,000 Not Just a House -- This Is a Money-Making Investment Opportunity! Exceptional multi-family property zoned for commercial use and ideally located just outside Knoxville's vibrant Happy Holler district. With three income-producing units currently rented month-to-month, this property offers immediate cash flow plus excellent value-add potential. The two first-floor apartments rent for $1,200 per month each, while the upstairs unit rents for $1,000 per month, for a total of $3,400 per month. Tenants are responsible for their own utilities, and each dwelling has its own electric meter. The existing apartments could benefit from repairs, cleaning, and modernization, creating an opportunity for an investor to improve the property and potentially increase future rental income. An additional approximately 450 sq. ft. of unfinished upper-level space offers potential for an additional unit and income stream, subject to applicable zoning, permitting, inspections, and governmental approvals. Additional features include a newer roof, large lot, rear street access, and convenient off-street parking. With its desirable location, existing rental income, commercial zoning, and additional development potential, this is an opportunity for an investor looking to build value and maximize income in a growing Knoxville area. 1346324 MLS Not Just a House -- This Is a Money-Making Investment Opportunity! Exceptional multi-family property zoned for commercial use and ideally located just outside Knoxville's vibrant Happy Holler district. With three income-producing units currently rented month-to-month, this property offers immediate cash flow plus excellent value-add potential. The two first-floor apartments rent for $1,200 per month each, while the upstairs unit rents for $1,000 per month, for a total of $3,400 per month. Tenants are responsible for their own utilities, and each dwelling has its own electric meter. The existing apartments could benefit from repairs, cleaning, and modernization, creating an opportunity for an investor to improve the property and potentially increase future rental income. An additional approximately 450 sq. ft. of unfinished upper-level space offers potential for an additional unit and income stream, subject to applicable zoning, permitting, inspections, and governmental approvals. Additional features include a newer roof, large lot, rear street access, and convenient off-street parking. With its desirable location, existing rental income, commercial zoning, and additional development potential, this is an opportunity for an investor looking to build value and maximize income in a growing Knoxville area. 123 E Springdale Ave, Knoxville
$865,000 4-PLEX NEAR DOWNTOWN KNOXVILLE WITH GREAT SELLER TERMS!!! First time on the market since 2006! Subject to review of buyers credit and financials, seller will consider 10% down and offer to carry at 90% first deed of trust, 3.85% interest, payable $2500 or more/month, balloon 6 years from closing. This 4plex has much of it's original charm with hardwood floors, high ceilings, wood bannisters and doors.The units are very spacious with approx 1400 sq ft that includes plenty of storage and original woodwork. The two upstairs units that are accessed by their private staircases also enjoy rear access to the backyard from their own covered balcony. All units have central HVAC, hardwood floors, washer/dryer connections & tenants pay all utilities. Fourth and Gill is an amazing neigborhood with double wide sidewalks, plenty of parking, excellent access to bike paths, pocket parks, downtown and the Old City. This is an opportunity that rarely comes along. 1330030 MLS 4-PLEX NEAR DOWNTOWN KNOXVILLE WITH GREAT SELLER TERMS!!! First time on the market since 2006! Subject to review of buyers credit and financials, seller will consider 10% down and offer to carry at 90% first deed of trust, 3.85% interest, payable $2500 or more/month, balloon 6 years from closing. This 4plex has much of it's original charm with hardwood floors, high ceilings, wood bannisters and doors.The units are very spacious with approx 1400 sq ft that includes plenty of storage and original woodwork. The two upstairs units that are accessed by their private staircases also enjoy rear access to the backyard from their own covered balcony. All units have central HVAC, hardwood floors, washer/dryer connections & tenants pay all utilities. Fourth and Gill is an amazing neigborhood with double wide sidewalks, plenty of parking, excellent access to bike paths, pocket parks, downtown and the Old City. This is an opportunity that rarely comes along. 903 Luttrell St, Knoxville
