Two-Unit
3334 Johnston St, Knoxville, TN 37921
For Sale
New
$174,900
Multi-Family, Knoxville, TN
Property Size1,625 SF
Price / SF$107.63
Days on Market1
Property Features for 3334 Johnston St
General Information
Property type
Property subtype
Bedrooms
Full bathrooms
Rooms
Parking features
Appliances
Subdivision
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Realty Executives Associates · Realty Executives International
(865) 588-3232
Listed By:
Ashley Keeton Francis
(865) 850-2113
Added: Nov 7
Last Checked: Nov 7 at 10:06PM
MLS# 1361460
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 1,625-square-foot duplex, built in 1930, contains two rental residences. The upper unit has three bedrooms and one full bathroom; the lower unit has one bedroom and one full bathroom. Both are currently rented on month-to-month leases, and each has washer and dryer connections. Vinyl siding, frame construction, laminate flooring, and a shingle roof are among the property’s listed features.
The property is at 3334 Johnston St in Knoxville, with access to the interstate, downtown, shopping, dining, and everyday services. Parking is available on street and off street.
The property is at 3334 Johnston St in Knoxville, with access to the interstate, downtown, shopping, dining, and everyday services. Parking is available on street and off street.
Key Highlights
- Two rental units: an upper three‑bedroom, one‑bath residence and a lower one‑bedroom, one‑bath residence
- 1,625 square feet; built in 1930
- Both units currently have month‑to‑month leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,848
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,960
$317.0K
Cap Rate 7%
$226,400
$226.4K
Cap Rate 9%
$176,089
$176.1K
Market Conditions
NOI Build-Up for 1,625 SF
Gross rent
$24.4K $15.00/SF
− Vacancy
−$1.7K −$1.07/SF
EGI
$22.6K $13.93/SF
− OpEx
−$6.8K −$4.18/SF
NOI
$15.8K $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%
$316,960
Cap Rate 7%
$226,400
Cap Rate 9%
$176,089
Alternative Uses
Best Use
Multifamily LT 5
$226.4K
$198.1K – $264.1K
NOI $15,848 @ 7.0% cap · market cap 9.06%
Second Best
Apartment 5plus
$208.3K
$182.3K – $243.1K
NOI $14,583 @ 7.0% cap · market cap 8.34%
Theoretical Best
Office A
$402.5K
$352.2K – $469.6K
NOI $28,174 @ 7.0% cap · market cap 16.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
211
Businesses Nearby
Explore this area
Business Placement
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
$204,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Separate upstairs and downstairs residences are occupied under month-to-month agreements.
Where is this duplex located?
The property is located at 3334 Johnston St Knoxville, TN.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Two rental units: an upper three‑bedroom, one‑bath residence and a lower one‑bedroom, one‑bath residence; 1,625 square feet; built in 1930; Both units currently have month‑to‑month leases
