$235,000
$65K PRICE DROP

Estimated payment $1,435/month

Total Views 247,767
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Here's your chance to own a versatile duplex-style property with strong potential and recent major upgrades. Located in the heart of Knoxville, this property offers two units. With work already started by the previous owner who decided to shift focus to a larger project, It's a blank canvas ready for your design and finishing touches! Key Updates Include: Roof replaced just 3 years ago, HVAC system also 3 years old New main water line from meters to the house. Updated windows approx. 4 years old The home is situated on a 50x150 lot with approximately 1,664 total square feet. Zoned RN-2 (Single-Family Residential) and classified for 2-4 family use, this property offers flexibility for an investor or owner-occupant looking to customize a space. Convenient to schools, parks, and major roads, this property is a strategic addition to any real estate portfolio. Don't miss your chance to build value in an area with strong rental demand and development potential!

Listing Agent

Melissa Nelson

Realty Executives Associates License #343949 Listed on: 05/14/2025

Realty Executives Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 1950

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • Driveway
  • Off-Street Parking

Additional Features

  • Lot Dimensions are 50 x 150
  • Zoned Heating and Cooling System

Community Details

  • 2 Units
  • Whites Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082EE025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,608

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: 1-40 East (L) Rutledge Pike (L) to Prosser (R) to Martin Luther King (L) on Fern (L) on Selma Ave.
  • Prop. Type: Multi-Family
  • Year Built: 1950
  • Lot Size: 50 X 150
  • Subdivision Name: Whites
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Floors:Laminate: Yes
  • Floors:Tile2: Yes
  • General Property Description:Driveway: yes
  • Roof:Shingle: Yes
  • Property Sub-Type:Duplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Carpet, Vinyl, Tile
  • Other Rooms:Other27: Yes

Exterior Features

  • Construction Type: Brick
  • Roof: Shingle
  • Construction:Frame - Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Lot Info

  • Parcel #: 082EE025

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1608.48

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,609 $43,360 $0 $0
2023 $1,609 $43,360 $0 $0
2022 $1,609 $43,360 $0 $0
2021 $911 $19,880 $0 $0
2020 $911 $19,880 $0 $0
2019 $911 $19,880 $0 $0
2018 $911 $19,880 $0 $0
2017 $911 $12,425 $0 $0
2016 $878 $0 $0 $0
2015 $878 $0 $0 $0
2014 $878 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $235,000 -6.0% $141 / Sq Ft
06/25/2025 06/25/25 Price Changed $250,000 -13.8% $150 / Sq Ft
05/29/2025 05/29/25 Price Changed $290,000 -3.3% $174 / Sq Ft
05/17/2025 05/17/25 For Sale $300,000 -- $180 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $175,000 None Listed On Document
Warranty Deed $19,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Previous Owner $82,195 New Conventional
Previous Owner $85,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $64,000 Credit Line Revolving
Previous Owner $17,000 Seller Take Back
Source: Public Records

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Source: East Tennessee REALTORS® MLS

MLS Number: 1300909

East Tennessee REALTORS® MLS

APN: 082EE-025