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New Construction Duplex with Two Units

2546 Selma Ave Knoxville, TN 37914

2546 Selma Ave, Knoxville, TN, 37914
$574,900
For Sale
$574,900

MULTI_FAMILY - Knoxville, TN

Property Size3,200 SF
Price / SF$179.66
Days on Market32

Property Features for 2546 Selma Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
6
Rooms
Bathroom 5, Bathroom 6, Bedroom 3, Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 6, Bedroom 1
Parking features
Off Street
Patio and Porch features
Porch
Interior features
Walk-In Closet(s), Kitchen Island, Pantry
Exterior features
Windows - Vinyl, Prof Landscaped
Appliances
Dishwasher, Self Cleaning Oven
Standard status
Active
APN
082NE010
Size
3,200 SF

Taxes and HOA fees

Tax Annual Amount
58

Utilities

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

Building Details

Year built
2026
Number of units
2
Flooring type
Tile
Building materials
Vinyl Siding, Frame
Roof type
Asphalt
Listing Agency Southern Homes & Farms, LLC
813 Huckleberry Lane Suite 2, New Market, TN
Listed by Josh Braden
Added: Jun 17 Checked: Jul 18 at 1:06 am
MLS# 1344969 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

Built new, this duplex features approximately 3,200 total square feet with two separate, spacious units. Each unit offers a 3-bedroom, 3-bath layout with an open-concept design and an emphasis on natural light. Interiors include luxury vinyl plank flooring, quartz countertops, custom cabinetry, a large center island, sleek black hardware, designer lighting, and stainless steel appliances. Bathrooms are finished with contemporary materials, and each unit includes private outdoor space along with covered front porches.

The property is located at 2546 Selma Ave in Knoxville, Tennessee (Knox County). The seller notes convenient proximity to Downtown Knoxville, the University of Tennessee, and nearby restaurants, shopping, and entertainment.

With two similar, modern layouts, the property is well suited for buyers seeking a duplex configured for straightforward living or rental use.

Key Highlights

  • New construction duplex (2026) under construction with vinyl siding and asphalt roof
  • Two units with 3 bedrooms and 3 bathrooms per side (6 total bedrooms, 6 total bathrooms)
  • Interior features include walk‑in closets, kitchen island, and pantry

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $48.0k $15.00
− Vacancy −$3.4k −$1.07
EGI $44.6k $13.93
− OpEx −$13.4k −$4.18
NOI $31.2k $9.75
3,200 SF · lease $15.00/SF/yr · vacancy 7.12% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$445.8K
$390.1K – $520.1K (±1% cap)
NOI $31,208 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$410.3K
$359.0K – $478.6K (±1% cap)
NOI $28,718 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$792.6K
$693.5K – $924.7K (±1% cap)
NOI $55,480 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Building Supply Law Firm Parking Lot & Garage Skin Care Clinic Furniture & Home Goods Cafe & Coffee Shop Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Duplex - New construction duplex offering two 3-bedroom, 3-bath units with covered front porches and private outdoor space.
Where is this duplex located?
The property is located at 2546 Selma Ave Knoxville, TN.
What is the asking price?
The asking price for this property is $574,900.
What are key features of this property?
This property features: New construction duplex (2026) under construction with vinyl siding and asphalt roof; Two units with 3 bedrooms and 3 bathrooms per side (6 total bedrooms, 6 total bathrooms); Interior features include walk‑in closets, kitchen island, and pantry
Contact an agent
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