$ 280,000 $ 279,900

3720 Cate Ave

Knoxville, TN 37919

  • 1,239 SqFt
  • 1930 Year Built
***HOUSE HACK OPPORTUNITY NEAR UT*** This renovated duplex in the heart of Knoxville offers an excellent investment opportunity or house-hack potential! The upper unit is currently vacant, making it ideal for an owner-occupant while the lower unit is rented for $1,100/month, providing immediate income. The landlord currently covers utilities, adding convenience for tenants. Recent updates include a new HVAC system (2021), two additional clean-outs for plumbing in the lower unit, and a newly redone main sewer line for peace of mind. The property features designated parking for each unit, with the upper unit having one reserved space plus street parking, while the lower unit includes a gravel parking area that accommodates up to three vehicles.

Located just minutes from downtown Knoxville, University of Tennessee, shopping, and major highways, this property is positioned in a high-demand rental market. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this duplex is a rare find.
Listed by Real Broker

PROPERTY DETAIL

  • Key Details

    Sold Price $280,000

    Property Type Multi-Family

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 1, 239 sqft

    Price per Sqft $225

    Subdivision Sprankles Add

    MLS Listing ID 1289538

    Sold Date 03/14/25

    Year Built 1930

    Lot Dimensions 49 x 155 x irr

    Source East Tennessee REALTORS® MLS

  • Location

    State TN

    County Knox County - 1

  • Rooms

    Other Rooms Other

  • Building

    Faces From the University of Tennessee, head southwest on Andy Holt Ave toward Volunteer Blvd. Take Kingston Pike for 0.8 miles, then turn right onto S Concord St. Continue for 0.5 miles before turning left onto Sutherland Ave. After 0.3 miles, take Division St and continue onto Knott Ave. Follow Knott Ave to Cate Ave NW, where the destination, 3720 Cate Ave, will be on the right.

    Structure Type Vinyl Siding,Block

  • Interior

    Heating Central, Zoned, Electric

    Cooling Central Cooling, Ceiling Fan(s), Zoned

    Flooring Hardwood, Vinyl

    Appliance Microwave, Range, Refrigerator, Self Cleaning Oven

    Heat Source Central, Zoned, Electric

  • Exterior

    Parking Features On-Street Parking

    Garage Description On-Street Parking

    Roof Type Shingle

    Garage No

  • Others

    Tax ID 107DG010

    Energy Description Electric

    Acceptable Financing FHA, Cash, Conventional

    Listing Terms FHA, Cash, Conventional

CONTACT

Luke Rivers
Luke Rivers

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