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    1545 Massachusetts Ave Knoxville, TN 37921

    Pending
    For Sale
    $285,000

    MULTI_FAMILY - Knoxville, TN

    Property size:
    2,080 SF
    Lot size:
    0.48 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1545 Massachusetts Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Window features
    Aluminum Frames
    Rooms
    Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2
    Bedrooms
    6
    APN
    081OR025
    Parking features
    Off Street
    Appliances
    Range, Refrigerator
    Size
    2,080 SF
    Lot size
    0.48 Acres

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1955
    Number of units
    2
    Flooring type
    Vinyl, Laminate
    Building materials
    Vinyl Siding, Block, Frame
    Roof type
    Shingle, Asphalt

    eXp Realty LLC (888) 519-5113 x101 [email protected]

    Listing agent Travis Dupre (888) 519-5113

    Listing date Oct 23, 2025

    Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Knoxville Duplex Investment Opportunity

    This Knoxville duplex presents an opportunity for both owner-occupants and investors. Each unit features 3 bedrooms, 1 bath, and laundry hookups. The upper unit has been freshly painted and is move-in ready. The lower unit is currently leased at $1,400 per month through January 2026, providing immediate cash flow. Both units have functioning kitchens and systems. Updates such as kitchen improvements, HVAC system upgrades, or roof improvements could increase the property's value. Situated on an oversized 21,000 sq ft lot with RN-2 zoning, the property offers potential for additional development. The property includes separate utilities, a strong rental history, and a solid block exterior. The property is 2,080 square feet and sits on a 0.48-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.952573
    Latitude
    35.978682

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    FAQs

    What type of property is this?
    Duplex - Knoxville duplex with rental income and development potential.
    Where is this duplex located?
    The property is located at 1545 Massachusetts Ave Knoxville, TN.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Lower unit leased at $1,400/month through January 2026, offering immediate cash flow.; - Great opportunity for owner-occupants to "house hack" or investors to generate immediate returns.; - Each unit features 3 bedrooms, 1 bath, and laundry hookups.
    (888) 519-5113
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1545 Massachusetts Ave Knoxville, TN 37921
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