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Duplex Redevelopment Site
For Sale
Contact for pricing
Pending

2704 Sevier Ave, Knoxville, TN 37920

Infill duplex on a Sevier Avenue corridor redevelopment-ready site with frontage for future layout improvements.

Property SizeContact for details
Lot Size0.50 Acres
Days on Market160

Property Features for 2704 Sevier Ave

General Information

Standard status Pending
Lot size 0.50 Acres
Property subtype MULTIFAMILY

Additional Details

Road Access Yes
Listing Agency: SVN I Wood Properties
Listed By: Jon Roosen · License #366234
Source: Moodyscre
Added: Mar 4 Changed: Aug 8 Last Checked: Aug 8 at 11:03AM

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 SVN I Wood Properties

Investment Insights

Based on property information with market context.

This infill duplex sits on a 0.50-acre site and totals approximately 22,085 square feet, with roughly 100 feet of frontage along Sevier Avenue. The existing duplex structure has been fully gutted, creating a redevelopment-ready environment for a renovation of the current improvements or a larger reimagining of the site.

The property is positioned minutes from Downtown Knoxville and the South Waterfront district. Several nearby residential developments support the area’s demand for new housing along the Sevier Avenue corridor, including Adelade Apartments directly adjacent to the parcel. The Heights of Knoxville student housing development is located approximately 0.1 miles away, and newly constructed for-sale condominium product on Sevier Avenue is also nearby.

The site’s frontage and interior layout potential make it suitable for buyers evaluating options ranging from completing the duplex renovation for income-producing units to pursuing higher-density residential redevelopment through appropriate approvals.

Key Highlights

  • 0.50‑acre infill duplex redevelopment site
  • Approximately 22,085 SF with roughly 100 feet of frontage on Sevier Avenue
  • Existing duplex structure fully gutted for renovation or redevelopment

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Big Box & Wholesale Store Spa & Massage Center

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

141
Businesses Nearby

Demographics for 37920, TN

41,210
Population
20,180
Households
2
Avg Household Size
37
Median Age
34%
College-Educated
91%
High-School Grad
72.3 sq mi
ZIP Area
570
Density / Sq Mi
$61,348
Median Household Income
$35,591
Median Earnings
$1,092
Median Rent
$231,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Infill duplex on a Sevier Avenue corridor redevelopment-ready site with frontage for future layout improvements.
Where is this duplex located?
The property is located at 2704 Sevier Ave Knoxville, TN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 0.50‑acre infill duplex redevelopment site; Approximately 22,085 SF with roughly 100 feet of frontage on Sevier Avenue; Existing duplex structure fully gutted for renovation or redevelopment
(865) 202-6767 Call to check price and availability
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