Renovated Furnished
2110 Edgewood Ave, Knoxville, TN 37917
For Sale
New
$415,000
Multi-Family, Knoxville, TN
Property Size1,379 SF
Lot Size0.17 Acres
Price / SF$300.94
Days on Market2
Property Features for 2110 Edgewood Ave
General Information
Property type
Property subtype
Bedrooms
Full bathrooms
Rooms
Parking features
Window features
Patio and Porch features
Exterior features
Appliances
Elementary school
Middle school
High school
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Individually Metered Utilities
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
covered front porch
washer/dryer
Building Details
Year built
Number of units
Building materials
Roof type
Buildings
Listing Agency:
Keller Williams Signature · Keller Williams Realty
(865) 588-9300
Listed By:
Lori Gano
(865) 640-5980
Added: Nov 9
Last Checked: Nov 10 at 5:06AM
MLS# 1361599
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.
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Investment Insights
Based on property information with market context.
This 1,379-square-foot duplex, built in 1920, contains two residences: one with two bedrooms and one bathroom, and another with one bedroom and one bathroom. Each has a kitchen, living area, and washer and dryer. Both are offered furnished and equipped for rentals with stays of at least 30 days. The 2024 renovation included new interior framing and finishes, electrical and plumbing systems, windows, and HVAC ductwork; two HVAC units installed in 2021 were retained. Electrical service is separately metered, while the residences share a water meter. The property also has a covered front porch and off-street parking at the rear.
The 0.17-acre property is within walking distance of Edgewood Park and approximately three miles from downtown Knoxville. Its prior rental operation used the two furnished residences for 30-day-minimum stays.
The 0.17-acre property is within walking distance of Edgewood Park and approximately three miles from downtown Knoxville. Its prior rental operation used the two furnished residences for 30-day-minimum stays.
Key Highlights
- 2024 renovation included new electrical and plumbing systems, windows, HVAC ductwork, interior framing, and finishes
- 1,379‑square‑foot duplex with a 2‑bedroom, 1‑bath residence and a separate 1‑bedroom, 1‑bath residence
- Both units are furnished and equipped for rentals with stays of at least 30 days
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,449
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,980
$269.0K
Cap Rate 7%
$192,129
$192.1K
Cap Rate 9%
$149,433
$149.4K
Market Conditions
NOI Build-Up for 1,379 SF
Gross rent
$20.7K $15.00/SF
− Vacancy
−$1.5K −$1.07/SF
EGI
$19.2K $13.93/SF
− OpEx
−$5.8K −$4.18/SF
NOI
$13.4K $9.75/SF
Area
Knoxville, TN
Vacancy
7.12%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,980
Cap Rate 7%
$192,129
Cap Rate 9%
$149,433
Alternative Uses
Best Use
Multifamily LT 5
$192.1K
$168.1K – $224.2K
NOI $13,449 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$176.8K
$154.7K – $206.3K
NOI $12,376 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$341.6K
$298.9K – $398.5K
NOI $23,909 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
Explore this area
Business Placement
Demographics for 37917, TN
25,013
Population
14,216
Households
1.8
Avg Household Size
39
Median Age
31%
College-Educated
87%
High-School Grad
9.5 sq mi
ZIP Area
2,633
Density / Sq Mi
$51,232
Median Household Income
$37,853
Median Earnings
$1,063
Median Rent
$189,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Knoxville, TN
Properties on Market for Duplexes in Knoxville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two self-contained residences are offered furnished, with separate kitchens, living areas, and laundry in each unit.
Where is this duplex located?
The property is located at 2110 Edgewood Ave Knoxville, TN.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 2024 renovation included new electrical and plumbing systems, windows, HVAC ductwork, interior framing, and finishes; 1,379‑square‑foot duplex with a 2‑bedroom, 1‑bath residence and a separate 1‑bedroom, 1‑bath residence; Both units are furnished and equipped for rentals with stays of at least 30 days
