
Description
BACK ON MARKET WITH NO INSPECTION CONCERNS Here is your second opportunity to own this turnkey investment opportunity in South Knoxville's sought-after South Haven neighborhood! This income-producing property features two fully separate homes on one lota rare find with endless potential for house hacking, multi-generational living, short-term or mid-term rental income, or long-term leasing. Whether you're a seasoned investor moving to SoKno or a first-time buyer looking to offset your mortgage, this is your chance to own an income producing property in a prime location. The front home is a beautifully renovated 3-bedroom, 2-bathroom residence offering 1541 square feet of living space. Thoughtfully updated with modern finishes, the home features a large, open-concept kitchen with stainless steel appliances, tile backsplash, deep modern black sink, large range hood, and eat-in bar plus a designated dining area. The kitchen and primary suite both feature durable luxury vinyl plank (LVP) flooring, while the original portion of the home boasts refinished hardwood floors that maintain its classic charm. Enjoy two spacious living roomsone of which could easily be converted into a 4TH BEDROOM to increase rental value. A brick fireplace adds character, and large windows fill the space with natural light. The primary suite includes a private bathroom with tile-surround shower, double vanity, and tile flooring. An attached carport offers covered parking or could be used as additional outdoor living space. This unit has a proven rental history, previously leased for $2,200/month for over two years. Down a private fenced walkway, the detached Accessory Dwelling Unit (ADU) offers approximately 700 square feet of light-filled, Scandinavian-inspired design. This fully furnished 2-bedroom, 1-bathroom unit is optimized for mid-term rental income, currently earning $1,895/month from traveling professionals. Clean lines, minimalist dcor, and cozy textures create a welcoming, modern atmosphere. This turnkey unit comes with all furnishings, dcor, kitchenware, patio items, and bedding includedmaking it ideal for travel nurses, remote workers, visiting students, or as an Airbnb alternative. Each unit enjoys designated yard space and separate parking, with privacy fencing enhancing the sense of separation and independence. Both homes share a single utility meter and one mailing address. Located just minutes from Baker Creek Preserve, Ijams Nature Center, SoKno Taco, the Urban Wilderness trail system, downtown Knoxville, and the University of Tennessee, this is an unbeatable location for consistent rental demand. Live in the front unit AirBnB the back or live in the smaller back unit and bring in more rent on the front 3br 2 bath. Financial documentation available upon request. ZONED RESIDENTIAL. BOTH UNITS ONE METER. ONE UNIT MUST BE OWNER OCCUPIED. ONE ADDRESS Buyer to verify all information.
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5BEDS
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0.19ACRES
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3BATHS
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01/2 BATHS
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2,241SQFT
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$234$/SQFT
School Ratings & Info
Description
BACK ON MARKET WITH NO INSPECTION CONCERNS Here is your second opportunity to own this turnkey investment opportunity in South Knoxville's sought-after South Haven neighborhood! This income-producing property features two fully separate homes on one lota rare find with endless potential for house hacking, multi-generational living, short-term or mid-term rental income, or long-term leasing. Whether you're a seasoned investor moving to SoKno or a first-time buyer looking to offset your mortgage, this is your chance to own an income producing property in a prime location. The front home is a beautifully renovated 3-bedroom, 2-bathroom residence offering 1541 square feet of living space. Thoughtfully updated with modern finishes, the home features a large, open-concept kitchen with stainless steel appliances, tile backsplash, deep modern black sink, large range hood, and eat-in bar plus a designated dining area. The kitchen and primary suite both feature durable luxury vinyl plank (LVP) flooring, while the original portion of the home boasts refinished hardwood floors that maintain its classic charm. Enjoy two spacious living roomsone of which could easily be converted into a 4TH BEDROOM to increase rental value. A brick fireplace adds character, and large windows fill the space with natural light. The primary suite includes a private bathroom with tile-surround shower, double vanity, and tile flooring. An attached carport offers covered parking or could be used as additional outdoor living space. This unit has a proven rental history, previously leased for $2,200/month for over two years. Down a private fenced walkway, the detached Accessory Dwelling Unit (ADU) offers approximately 700 square feet of light-filled, Scandinavian-inspired design. This fully furnished 2-bedroom, 1-bathroom unit is optimized for mid-term rental income, currently earning $1,895/month from traveling professionals. Clean lines, minimalist dcor, and cozy textures create a welcoming, modern atmosphere. This turnkey unit comes with all furnishings, dcor, kitchenware, patio items, and bedding includedmaking it ideal for travel nurses, remote workers, visiting students, or as an Airbnb alternative. Each unit enjoys designated yard space and separate parking, with privacy fencing enhancing the sense of separation and independence. Both homes share a single utility meter and one mailing address. Located just minutes from Baker Creek Preserve, Ijams Nature Center, SoKno Taco, the Urban Wilderness trail system, downtown Knoxville, and the University of Tennessee, this is an unbeatable location for consistent rental demand. Live in the front unit AirBnB the back or live in the smaller back unit and bring in more rent on the front 3br 2 bath. Financial documentation available upon request. ZONED RESIDENTIAL. BOTH UNITS ONE METER. ONE UNIT MUST BE OWNER OCCUPIED. ONE ADDRESS Buyer to verify all information.
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