UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $124
Subdivision Doll Mynderse & Brownlees 2Nd Add
MLS Listing ID 1335200
Style Other
Bedrooms 4
Full Baths 2
Year Built 1930
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type Single Family Residence
Source East Tennessee REALTORS® MLS
Property Description
This versatile property offers a rare opportunity for both investors and house hackers with two income-producing living spaces on one lot. The main home features 3 bedrooms, 1 bathroom, and approximately 960 square feet of living space, while the property also includes a 480 square foot Additional Dwelling Unit (ADU)--perfect for generating additional rental income or accommodating guests.
The ADU was fully renovated in 2020 after being converted from a former garage and includes its own mini-split HVAC system, creating a comfortable and efficient standalone space. Previously, the main unit rented for $2,100 per month with utilities included, while the ADU generated $1,100 per month with utilities included, highlighting the strong income potential this property offers.
Located just minutes from downtown Knoxville, the University of Tennessee, and major commuter routes, this property provides both convenience and investment upside in a rapidly growing area. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this property delivers flexibility and opportunity.
Buyer to verify all information. Home sold as-is.
Location
State TN
County Knox County - 1
Area 0.27
Rooms
Basement Crawl Space
Interior
Heating Central, Electric
Cooling Central Cooling
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Microwave, Range, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Porch - Covered
Parking Features Off-Street Parking
Garage Description Off-Street Parking
Garage No
Building
Lot Description Other, Rolling Slope
Faces From the Henley Street Bridge, head north on Henley St and merge onto I-275 N. Take the W Baxter Ave exit and continue on W Baxter Ave for approximately 0.4 miles. Turn onto Iredell Ave--the home will be on the right.
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Vinyl Siding,Block
Schools
Elementary Schools Maynard
Middle Schools Bearden
High Schools Fulton
Others
Restrictions No
Tax ID 094CN018
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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