New Construction
For Sale
$699,999
5361/5259 Inskip Rd, Knoxville, TN 37912
Two separately serviced residences each offer private access, a garage, and a two-story layout.
Property Size3,200 SF
Price / SF$218.75
Days on Market27
Property Features for 5361/5259 Inskip Rd
General Information
Standard status
Active
Size
3,200 SF
Total Parking Spaces
2
Property subtype
Multi Family Home
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$388
Amenities
Pantry
Walk-In Closet(s)
Prof Landscaped
Windows - Vinyl
Building Details
Building Size
3,200 SF
Year Built
2026
Buildings
1
Units
2
Listing Agency:
Realty Executives Associates
(865) 588-3232
Listed By:
Lynette Bell
(423) 231-5433
Source:
Carterchaserealty
Added: Sep 28
Changed: Oct 22
Last Checked: Oct 22 at 2:31PM
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 Realty Executives Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Scheduled for completion in 2026, this 3,200-square-foot duplex contains two independent residences. Each side has a two-story plan with three bedrooms, 2.5 bathrooms, an attached one-car garage, a private entrance, and its own utilities and mailing address. The main floor combines the living, dining, and kitchen areas. Kitchens are planned with Shaker-style cabinets and stainless steel appliances, including a dishwasher, range, and microwave. LVP flooring is specified for main living areas, with oak stair treads, carpeted bedrooms, and tile in bathrooms and other wet areas.
Upstairs, each unit includes a primary suite with private bath and walk-in closet, two additional bedrooms, another full bathroom, a laundry room, and a secondary living area. The property is on Inskip Road near Cedar Lane, with access to I-75, the I-640 split, and Fountain City, as well as nearby shopping and dining.
Each residence has separate living, kitchen, laundry, bedroom, bathroom, and garage spaces. The two-unit configuration supports occupancy of one side while renting the other, or use of both residences together.
Upstairs, each unit includes a primary suite with private bath and walk-in closet, two additional bedrooms, another full bathroom, a laundry room, and a secondary living area. The property is on Inskip Road near Cedar Lane, with access to I-75, the I-640 split, and Fountain City, as well as nearby shopping and dining.
Each residence has separate living, kitchen, laundry, bedroom, bathroom, and garage spaces. The two-unit configuration supports occupancy of one side while renting the other, or use of both residences together.
Key Highlights
- Two residences, each with 3 bedrooms and 2.5 bathrooms
- 3,200‑square‑foot duplex built in 2026
- Each unit has a private entrance, dedicated utilities, and separate mailing address
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,208
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$624,160
$624.2K
Cap Rate 7%
$445,829
$445.8K
Cap Rate 9%
$346,756
$346.8K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$48.0K $15.00/SF
− Vacancy
−$3.4K −$1.07/SF
EGI
$44.6K $13.93/SF
− OpEx
−$13.4K −$4.18/SF
NOI
$31.2K $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%
$624,160
Cap Rate 7%
$445,829
Cap Rate 9%
$346,756
Alternative Uses
Best Use
Multifamily LT 5
$445.8K
$390.1K – $520.1K
NOI $31,208 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$410.3K
$359.0K – $478.6K
NOI $28,718 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$792.6K
$693.5K – $924.7K
NOI $55,480 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Explore this area
Business Placement
Demographics for 37912, TN
22,313
Population
10,916
Households
2
Avg Household Size
36
Median Age
23%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
2,105
Density / Sq Mi
$44,754
Median Household Income
$30,859
Median Earnings
$1,050
Median Rent
$185,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately serviced residences each offer private access, a garage, and a two-story layout.
Where is this duplex located?
The property is located at 5361/5259 Inskip Rd Knoxville, TN.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2.5 bathrooms; 3,200‑square‑foot duplex built in 2026; Each unit has a private entrance, dedicated utilities, and separate mailing address
