
4005 Ivy Ave Knoxville, TN 37914
Burlington NeighborhoodEstimated payment $700/month
Highlights
- Very Popular Property
- Main Floor Primary Bedroom
- Home Office
- Cathedral Ceiling
- No HOA
- Eat-In Kitchen
About This Home
Excellent investment opportunity with strong returns. Currently rented for $1,550 per month, this home delivers a 1.24% rent-to-price ratio, outperforming the traditional 1% rule. The property has passed government inspection and is in solid rental condition with only minor updates needed. Major systems are in good shape with the HVAC and roof approximately 5-8 years old. With an ARV estimated over $200,000, there is strong equity and upside potential. The photos have been virtually staged to show possibilities. Priced for a quick sale and best suited for cash buyers, this is a great addition to any rental portfolio.
Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $237
Year Built
- Built in 1990
Lot Details
- 7,841 Sq Ft Lot
- Level Lot
Parking
- Parking Available
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,058 Sq Ft Home
- Cathedral Ceiling
- Family Room
- Open Floorplan
- Home Office
- Vinyl Flooring
- Crawl Space
- Laundry Room
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Gas Cooktop
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 2 Full Bathrooms
Outdoor Features
- Patio
Schools
- Ritta Elementary School
- Holston Middle School
- Austin East/Magnet High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Fike Subdivision
Listing and Financial Details
- Assessor Parcel Number 083AA037
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/28/2025 08/28/25 | For Sale | $124,997 | -- | $118 / Sq Ft |
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Source: East Tennessee REALTORS® MLS
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