Available for $49,000

Beds: 2

Bath: 1
Sqft: 620

Year Built: 1945

Taxes: $257/2025

0.1630 Acre Lot​

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*** DO NOT DISTURB. NO TRESPASSING. BY APPT ONLY***​​​

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This opportunity offers investors a position in a rapidly developing area with strong upside potential. With favorable positioning for new construction and increasing activity in the surrounding neighborhood, this parcel is well suited for a build-to-sell, rental development, or long-term hold strategy. Opportunities this close to the urban core are becoming scarce, making this a strategic pickup for investors focused on growth and future value.

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ARV: $255k - $270k

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Comps:

1. 3 Bed, 2 Bath, 1316 Sqft - 2742 Wilson Ave, Knoxville, TN 37914

Sold for $253,000 on 07/17/25

2. 3 Bed, 2 Bath, 1250 Sqft - 319 S Elmwood St, Knoxville, TN 37914

Sold for $280,000 on 08/19/25

3. 3 Bed, 2 Bath, 1176 Sqft - 2430 Selma Ave, Knoxville, TN 37915

Sold for $245,000 on 05/17/25

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Property Highlights:

• Vacant

• Full teardown - strictly land play

• Convenient location

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PID: 082KR010

Legal Description: SUBDIVISIONNAME COLD SPRINGS MAPPLATB 15 MAPPLATP 104 DIMENSIONS 71.27 X 100