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    New Construction Duplex with Two Units Title is generated by Realmo AI

    2546 Selma Ave, Knoxville, TN 37914

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    Claim this Listing
    For Sale
    $599,000

    MULTI_FAMILY - Knoxville, TN

    Property size:
    3,200 SF
    Price / SF:
    $187/SF
    Added:
    Jun 17, 2026
    Days on Market:
    17
    Last Refresh:
    Jul 3 at 2:06 am

    Property Features for 2546 Selma Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Bedrooms
    6
    Rooms
    Bathroom 1, Bathroom 4, Bedroom 3, Bathroom 5, Bathroom 6, Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 3
    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), Central, Electric (Heating), Forced Air
    Cooling system
    Central Air, Ceiling Fan(s)

    Building Details

    Year built
    2026
    Number of units
    2
    Flooring type
    Tile
    Building materials
    Vinyl Siding, Frame
    Roof type
    Asphalt

    We can help!

    Contact an agent
    Josh Braden

    Listing agent Josh Braden

    Listing office Southern Homes & Farms, LLC 813 Huckleberry Lane Suite 2, New Market, TN

    Listing date Jun 17, 2026

    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.

    HighLights

    • New construction duplex (under construction) built in 2026 with approximately 3,200 total SF
    • Two units with a layout of 3 bedrooms and 3 bathrooms per unit
    • Open‑concept design with kitchen island, pantry, and walk‑in closet(s)
    • Quartz countertops, custom cabinetry, and designer lighting in each unit
    • Stainless steel appliances including dishwasher and self‑cleaning oven
    • Vinyl siding exterior with asphalt roof, tile flooring, and off‑street parking; covered front porch

    Overview

    Built for today’s buyer, this new construction duplex at 2546 Selma Ave features two spacious, separate 3-bedroom, 3-bath units. Each home is designed with an open-concept layout and abundant natural light, plus luxury vinyl plank flooring, quartz countertops, custom cabinetry, and a large center island. Designer lighting and sleek black hardware carry through the interior, with stainless steel appliances in the kitchen. The living areas flow directly into the kitchen, supporting both daily comfort and entertaining. All three full bathrooms are finished with contemporary materials, and each bedroom is laid out for privacy. Outside, the property includes covered front porches, low-maintenance exterior finishes, and private outdoor space for each unit.

    Located in Knoxville, TN 37914, the duplex is positioned for convenience to Downtown Knoxville and the University of Tennessee, with access to restaurants, shopping, and entertainment options nearby.

    This property is a strong fit for buyers seeking either a multi-unit investment or an owner-occupant setup where one unit can be lived in while the other unit provides rental income. With two complete, modern residences, it offers straightforward separation of living space alongside finishes that feel turnkey and current.

    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 5.21%
    Second Best
    Apartment 5plus
    $410.3K
    $359.0K – $478.6K (±1% cap)
    NOI $28,718 @ 7.0% cap · market cap 4.79%
    Theoretical Best
    Office A
    $792.6K
    $693.5K – $924.7K (±1% cap)
    NOI $55,480 @ 7.0% cap · market cap 9.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Building Supply Skin Care Clinic Bar & Pub Spa & Massage Center Cafe & Coffee Shop Accounting Firm Electronics & Wireless Store Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.889381
    Latitude
    35.98201

    FAQs

    What type of property is this?
    Duplex - Newly built duplex offering two 3-bedroom, 3-bath units with modern finishes 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 $599,000.
    What are key features of this property?
    This property features: New construction duplex (under construction) built in 2026 with approximately 3,200 total SF; Two units with a layout of 3 bedrooms and 3 bathrooms per unit; Open‑concept design with kitchen island, pantry, and walk‑in closet(s)
    More about this property
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