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Furnished Duplex With Basement Apartment
For Sale
$345,000
Pending

3808 Oakwood Lane, Knoxville, TN 37921

Two living areas feature separate kitchens, entries, laundry facilities, and outdoor spaces.

Property SizeContact for details
Days on Market480

Property Features for 3808 Oakwood Lane

General Information

Standard status Pending
Property subtype Multi Family

Units

Unit Mix 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Furnished Yes

Amenities

gas fireplace
stackable washer/dryer
covered deck
fenced yard
wood stove
separate heat/ac unit
outdoor patio
detached garage

Building Details

Year Built 1958
Buildings 1
Construction Ranch
Listing Agency: Platinum Realty Group
Listed By: Allison L. Oaks · License #271675
Source: Exitrealty
Added: May 9, 2025 Changed: Aug 30 Last Checked: Aug 30 at 4:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Platinum Realty Group

Investment Insights

Based on property information with market context.

This 1958 basement ranch property is arranged as two connected living areas. The main level includes three bedrooms, one bathroom, an eat-in kitchen, gas fireplace, stackable washer and dryer, covered deck, fenced yard, and a separate driveway serving the side and kitchen entry. One bedroom is currently used as an office. The lower level provides a separate one-bedroom, one-bath apartment with its own kitchen, eat-in dining area, laundry room, washer and dryer, living space, wood stove, dedicated heating and air conditioning, entry, patio, driveway, and access to a detached garage.

The interior configuration can also function as one dwelling by reopening the connecting interior steps. The property includes its furnishings. The City of Knoxville states that, when one portion is owner occupied, the other portion may be used as a short-term Airbnb; both portions may be used as mid- to long-term rentals. The property is located in Knoxville, Tennessee.

Key Highlights

  • Separate one‑bedroom, one‑bath basement apartment with kitchen, laundry room, patio, and dedicated heat/AC
  • Main level includes 3 bedrooms, 1 bath, eat‑in kitchen, gas fireplace, covered deck, and side entry
  • Both portions include furnishings, kitchens, laundry equipment, and separate outdoor access

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby

Demographics for 37921, TN

28,903
Population
12,969
Households
2.2
Avg Household Size
35
Median Age
27%
College-Educated
87%
High-School Grad
15.9 sq mi
ZIP Area
1,818
Density / Sq Mi
$57,813
Median Household Income
$37,518
Median Earnings
$1,147
Median Rent
$204,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two living areas feature separate kitchens, entries, laundry facilities, and outdoor spaces.
Where is this duplex located?
The property is located at 3808 Oakwood Lane Knoxville, TN.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Separate one‑bedroom, one‑bath basement apartment with kitchen, laundry room, patio, and dedicated heat/AC; Main level includes 3 bedrooms, 1 bath, eat‑in kitchen, gas fireplace, covered deck, and side entry; Both portions include furnishings, kitchens, laundry equipment, and separate outdoor access
More about this property
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