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$300,000
Est. payment /mo
New
3614 Selma Ave Knoxville, TN 37914
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Whites
MLS Listing ID 1300909
Year Built 1950
Lot Dimensions 50 X 150
Source East Tennessee REALTORS® MLS
Property Description
Here's your chance to own a versatile duplex-style property with strong potential and recent major upgrades. Located in the heart of Knoxville, this property offers two units—one fully rented and the other ready for a complete transformation.
The top unit is tenant-occupied, offering immediate rental income, and the tenant is open to staying with the new owner. The lower unit has been partially renovated, with work already started by the previous owner who decided to shift focus to a larger project. It's a blank canvas ready for your design and finishing touches!
Key Updates Include: Roof replaced just 3 years ago, HVAC system also 3 years old
New main water line from meters to the house. Updated windows approx. 4 years old
The home is situated on a 50x150 lot with approximately 1,664 total square feet. Zoned RN-2 (Single-Family Residential) and classified for 2-4 family use, this property offers flexibility for an investor or owner-occupant looking to customize a space.
Convenient to schools, parks, and major roads, this property is a strategic addition to any real estate portfolio. Don't miss your chance to build value in an area with strong rental demand and development potential!
The top unit is tenant-occupied, offering immediate rental income, and the tenant is open to staying with the new owner. The lower unit has been partially renovated, with work already started by the previous owner who decided to shift focus to a larger project. It's a blank canvas ready for your design and finishing touches!
Key Updates Include: Roof replaced just 3 years ago, HVAC system also 3 years old
New main water line from meters to the house. Updated windows approx. 4 years old
The home is situated on a 50x150 lot with approximately 1,664 total square feet. Zoned RN-2 (Single-Family Residential) and classified for 2-4 family use, this property offers flexibility for an investor or owner-occupant looking to customize a space.
Convenient to schools, parks, and major roads, this property is a strategic addition to any real estate portfolio. Don't miss your chance to build value in an area with strong rental demand and development potential!
Location
State TN
County Knox County - 1
Rooms
Other Rooms Other
Interior
Heating Central, Electric
Cooling Central Cooling
Flooring Laminate, Carpet, Vinyl, Tile
Heat Source Central, Electric
Exterior
Parking Features Off-Street Parking
Garage Description Off-Street Parking
Roof Type Shingle
Garage No
Building
Faces 1-40 East (L) Rutledge Pike (L) to Prosser (R) to Martin Luther King (L) on Fern (L) on Selma Ave.
Structure Type Brick
Others
Tax ID 082EE025
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Realty Executives Hardin Valley