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5722-5724 Wallwood Road, Knoxville, TN, 37912
New Construction Duplex Property

5722-5724 Wallwood Road Knoxville, TN 37912

For Sale
$499,000

New construction duplex with two spacious, modern units featuring open living layouts and stylish finishes.

Property Size2,300 SF
Price / SF$216.96
Days on Market93

Property Features for 5722-5724 Wallwood Road

General Information

Standard status
Active
Size
2,300 SF
Property subtype
Multi-Family

Building Details

Year Built
2026
Listing Agency: United Real Estate Solutions
Listed By: Liz Baez
Source: Compass
Added: Apr 22 Changed: Jul 23 Last Checked: Jul 23 at 3:02PM

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 United Real Estate Solutions


Investment Insights

Based on property information with market context.

This new construction duplex offers two spacious units with modern layouts, including open living areas and stylish finishes. The property is configured as a residential income asset or for an owner-occupant seeking a separate unit setup.

Located in North Knoxville near Inskip, the duplex is positioned for convenient access to shopping, dining, and major routes.

The overall offering includes two units within a duplex structure, designed for low-maintenance living based on the provided description.

Key Highlights

  • New construction duplex built in 2026 with two spacious units and modern layouts
  • Each unit features central electric heat and central cooling, plus ceiling fans
  • Kitchen appliances include range, self‑cleaning oven, microwave, dishwasher, and refrigerator

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 $34.5k $15.00
− Vacancy −$2.5k −$1.07
EGI $32.0k $13.93
− OpEx −$9.6k −$4.18
NOI $22.4k $9.75
2,300 SF · lease $15.00/SF/yr · vacancy 7.12% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$320.4K
$280.4K – $373.9K (±1% cap)
NOI $22,431 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$294.9K
$258.0K – $344.0K (±1% cap)
NOI $20,641 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$569.7K
$498.5K – $664.6K (±1% cap)
NOI $39,876 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Spa & Massage Center Electrical Service Bakery Daycare Center Law Firm Gym & Fitness Center Skin Care Clinic Locksmith (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - New construction duplex with two spacious, modern units featuring open living layouts and stylish finishes.
Where is this duplex located?
The property is located at 5722-5724 Wallwood Road Knoxville, TN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: New construction duplex built in 2026 with two spacious units and modern layouts; Each unit features central electric heat and central cooling, plus ceiling fans; Kitchen appliances include range, self‑cleaning oven, microwave, dishwasher, and refrigerator
More about this property
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