1243 Iredell Ave, Knoxville, TN 37921
- Beds
- 4
- Baths
- 2
- Sqft
- 1,440
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
***OFFERS ACCEPTED UNTIL MONDAY AT 10:00 AM*** Income-Producing Opportunity with Renovated ADU - Minutes from Downtown Knoxville
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
Full feature list
Basic info
- Property type
- House
- Number of bedrooms
- 4
- Number of bathrooms
- 2
- Square feet
- 1,440
- Lot size (acres)
- 0.27
- Year built
- 1930
Utilities
- Heating
- Central, Electric
- Cooling
- Central air
- Sewer
- Public sewer
- Water
- Public
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: East Tennessee Realtors MLS®#: 1335200 Last checked: …
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