Available for $84,900

Beds: 3
Bath: 1
Sqft: 952 (Potential for 1,350–1,450)

Year Built: 1941

Taxes: $429/2025

1.5 Acre Lot​

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

 

Located in a fast-growing area, this property offers an exceptional entry point into East Knoxville's thriving real estate market. Highlights include a partially finished basement, a detached garage, and a flexible layout ripe for modernization that can significantly force equity.

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Value-Add Layout & Renovation Strategy:

A high-potential reconfiguration strategy allows you to convert the existing dining room into a 3rd bedroom—placing all 3 bedrooms and 1 full bathroom on the main level alongside an improved, open-concept living and kitchen area. Additionally, finishing and adding HVAC (mini-splits) to the spacious upstairs attic area unlocks 400–500 sq ft of additional finished bonus/living space, expanding the total usable finished area to ~1,350–1,450 sq ft. (Buyer to verify feasibility, permitting, and costs).

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With a massive land parcel that opens up potential outdoor living space or property additions, convenient access to central Knoxville routes, and strong surrounding demand for affordable housing, this property is a standout candidate for either a lucrative fix-and-flip or a high-yielding, long-term buy-and-hold rental.

 

ARV: $280k

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Comps:

1. 2 Bed, 1 Bath, 950 Sqft - 8313 Thorn Grove Pike, Knoxville, TN 37914

Sold for $215,000 on 06/01/2026

2. 2 Bed, 1 Bath, 816 Sqft - 1900 Drinnen Rd, Knoxville, TN 37914

Sold for $225,000 on 07/02/2026​

3. 2 Bed, 1 Bath, 720 Sqft - 2035 Stony Point Rd, Knoxville, TN 37914

Listed for $254,100 on 09/04/2026​​

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Property Highlights:

• Convenient Location 

• Original hardwood floor

• Full finished marble floor in the basement

• Solid wood doors

• Value-Add Potential: Reconfigure main level for 3 beds/1 bath on main + open-concept living/kitchen

• Expansion Potential: ~400–500 sq ft unfinished upstairs ideal for mini-split conversion to bonus space​​​​​​​​​​​​​

 

PID: 086 014