New Construction Duplex with Two
2546 Selma Avenue Knoxville, TN 37914
2546 Selma Avenue, Knoxville, TN, 37914
$574,900
For Sale
$574,900
Newly built duplex features two 3-bedroom, 3-bath units with modern finishes and covered front porches.
Property Size3,200 SF
Price / SF$179.66
Days on Market40
Property Features for 2546 Selma Avenue
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2026
Listing agency
Southern Homes & Farms, LLC
(865) 471-0070
Listed by
Josh Braden
Source
Compass
Added: Jun 12 Updated: Jul 21 at 11:14AM Checked: Jul 21 at 11:14AM
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 Southern Homes & Farms, LLC
Investment Insights
Based on property information with market context.
This new construction duplex offers approximately 3,200 total square feet across two spacious units, each with three bedrooms and three bathrooms. Inside, both units include open-concept living areas with abundant natural light, luxury vinyl plank flooring, quartz countertops, custom cabinetry, a large center island, sleek black hardware, designer lighting, and stainless steel appliances. Each unit’s layout connects the living area to the modern kitchen for everyday use and entertaining, with contemporary finishes carried through to all three full bathrooms. The exterior includes low-maintenance finishes and covered front porches, along with private outdoor space for each unit.
The property is positioned close to Downtown Knoxville and the University of Tennessee, with nearby dining, shopping, and entertainment.
Each of the two units is configured as a full 3-bedroom, 3-bath residence within the duplex, providing a consistent, modern setup throughout the building.
The property is positioned close to Downtown Knoxville and the University of Tennessee, with nearby dining, shopping, and entertainment.
Each of the two units is configured as a full 3-bedroom, 3-bath residence within the duplex, providing a consistent, modern setup throughout the building.
Key Highlights
- New construction duplex built in 2026 offering approximately 3,200 total SF and two 3‑bedroom, 3‑bath units
- Each unit includes central cooling (central cooling + ceiling fans) and central heating/forced air with heat pump
- Interior features include tile flooring and in‑unit washer/dryer connections, plus walk‑in shower in each unit
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
NOI $31,208 @ 7.0% cap · market cap 5.43%
Second Best
Apartment 5plus
$410.3K
$359.0K – $478.6K
NOI $28,718 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$792.6K
$693.5K – $924.7K
NOI $55,480 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Newly built duplex features two 3-bedroom, 3-bath units with modern finishes and covered front porches.
Where is this duplex located?
The property is located at 2546 Selma Avenue 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 built in 2026 offering approximately 3,200 total SF and two 3‑bedroom, 3‑bath units; Each unit includes central cooling (central cooling + ceiling fans) and central heating/forced air with heat pump; Interior features include tile flooring and in‑unit washer/dryer connections, plus walk‑in shower in each unit
