$829,000
$121K PRICE DROP

Estimated payment $4,633/month

Total Views 6,494
-- Bed
-- Bath
3,726 Sq Ft
$222 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Home Office
  • Tankless Water Heater
  • A.L. Lotts Elementary School Rated A-
  • Covered Patio or Porch
  • Tile Flooring

About This Home

Opportunity is knocking at 8732 Gleason Drive and it's bringing income potential with it. This fully updated duplex features two spacious units, each offering 3 bedrooms, 2 bathrooms, plus additional flex rooms, perfect for home offices, playrooms, guest space, or extra storage (not counted as bedrooms due to no windows). Whether you're house hacking, expanding your portfolio, or looking for a multi-generational setup, this property delivers versatility and value. Recent updates provide peace of mind, including PEX plumbing throughout most of the property, and one unit features a tankless (on-demand) water heater for added efficiency and modern comfort. Located in a highly desirable area and zoned for A.L. Lotts Elementary, West Valley Middle, and Bearden High School, this duplex offers strong rental appeal. Just minutes from shopping, dining, entertainment, and downtown Knoxville, tenants (or owners) will love the convenience and accessibility. Strong income-producing potential.
Updated & low-maintenance systems.
Prime Knoxville location. Whether you live in one side and rent the other or lease both, this is the kind of opportunity savvy buyers wait for.

Listing Agent

Anna Cramer

Realty Executives Knox Valley License #343530 Listed on: 03/21/2026

Realty Executives Knox Valley

Co-Listing Agent

Renzo Huerta

Realty Executives Knox Valley License #330006

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 1972

Lot Details

  • 17,424 Sq Ft Lot
  • Privacy Fence

Home Design

  • Duplex
  • Brick Exterior Construction
  • Brick Frame
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,726 Sq Ft Home
  • Living Quarters
  • Aluminum Window Frames
  • Home Office

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking
  • On-Site Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • A L Lotts Elementary School
  • West Valley Middle School
  • Bearden High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater

Community Details

  • 2 Units
  • Echo Valley Unit 1 Subdivision

Listing and Financial Details

  • Property Available on 3/21/26
  • Legal Lot and Block 2 / A
  • Assessor Parcel Number 132EA014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,181

Year Built

Built in 1972

Lot Details

0.4 Acres

Listing Details

  • Directions: From Kingston Pike- left on Gallaher View Dr. Right on Gleason Dr. Home on Left. SOP
  • Prop. Type: Residential Income
  • Year Built: 1972
  • Lot Size Acres: 0.4
  • Lot Size: 115m x 123 x IRR
  • Co List Office Phone: 865-427-3313
  • Subdivision Name: Echo Valley Unit 1
  • Contract Info:List PriceSqFt2: 222.49
  • General Property Description:Driveway: paved
  • Construction:Construction: Frame - Brick
  • Fuel:Fuel: Electric, Gas (Natural)
  • Misc Features:Misc Features: Kitchen Island, Walk-in Shower, Washer/Dryer Connect
  • Other Rooms:Other Rooms: Addl Living Quarter, Bedroom Main Level, Mstr Bdrm Main Level, Office
  • Fencing:Fencing: Privacy, Other Fencing
  • Property Sub-Type:Property Sub-Type: Duplex
  • Miscellaneous: Patio, Washer/Dryer Cnctns
  • Type of Units: 3 or more Bdrm Units, Unfurnished
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Dishwasher, Washer, Dryer, Tankless Water Heater
  • Flooring: Tile, Vinyl
  • Interior Amenities: Kitchen Island
  • Window Features: Aluminum Frames

Exterior Features

  • Construction Type: Brick
  • Patio And Porch Features: Patio, Porch - Covered
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking, On Street
  • GarageParking:GarageParking: On Premise Parking, On-Street Parking

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric, Natural Gas
  • Heating Yn: Yes

Schools

  • Elementary School: A L Lotts
  • High School: Bearden
  • Middle Or Junior School: West Valley

Lot Info

  • Lot Size Sq Ft: 17424.0
  • Parcel #: 132EA014

Rental Info

  • Tenant Pays: Tenant Pays All Util
  • Available Date: 2026-03-21

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2180.57
  • Tax Block: A
  • Tax Lot: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,181 $140,320 $0 $0
2024 $2,181 $140,320 $0 $0
2023 $2,181 $140,320 $0 $0
2022 $2,181 $140,320 $0 $0
2021 $1,114 $52,560 $0 $0
2020 $1,114 $52,560 $0 $0
2019 $1,114 $52,560 $0 $0
2018 $1,114 $52,560 $0 $0
2017 $1,114 $32,850 $0 $0
2016 $1,152 $0 $0 $0
2015 $1,152 $0 $0 $0
2014 $1,152 $0 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/16/2026 06/16/26 Price Changed $829,000 -7.8% $222 / Sq Ft
05/21/2026 05/21/26 Price Changed $899,000 -5.4% $241 / Sq Ft
03/21/2026 03/21/26 For Sale $950,000 -- $255 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $329,900 None Listed On Document
Interfamily Deed Transfer -- Broadway Title Llc
Warranty Deed $105,000 Title Specialists Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $263,920 New Conventional
Previous Owner $126,000 New Conventional
Previous Owner $104,900 FHA
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1333228

East Tennessee REALTORS® MLS

APN: 132EA-014

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