$280,000

Est. payment -/mo

$279,900

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3720 Cate Ave Knoxville, TN 37919

1,239 SqFt

SOLD DATE : 03/14/2025

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

Originating Board East Tennessee REALTORS® MLS

Year Built 1930

Lot Dimensions 49 x 155 x irr

Property Description

***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.

Location

State TN

County Knox County - 1

Rooms

Other Rooms Other

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

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