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Real Estate Company
1243 Iredell Ave, Knoxville, TN 37921
- $169,900
- 4
- BD
- 2
- BA
- 1,440
- SqFt
- Sold Price
- $169,900
- List Price
- $179,900
- Status
- CLOSED
- MLS#
- 3207113
- Days on Market
- 0
- Closing Date
- Apr 30, 2026
- Bedrooms
- 4
- Bathrooms
- 2
- Full Bathrooms
- 2
- Living Area
- 1,440
- Lot Size
- 11,761
- Acres
- 0.27
- County
- Knox
Property Description
***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.
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Additional Information
- Elementary School
- Maynard Elementary
- High School
- Fulton High School
- Living Area
- 1,440
- Lot Dimensions
- 80.00 X 148.28
- Style
- Other
- Subdivision
- Doll Mynderse & Brownlees 2Nd Add
- Subtype
- Single Family Residence
- Year Built
- 1930
- Style
- Other
- Type
- Single Family Residential
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Listing courtesy of Real Broker. Selling Office: Realty Executives Associates.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.