5732&5734 Woodleaf Drive, Knoxville, TN 37912

$445,000
2,492
SqFt

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Sold Price
$445,000
List Price
$485,000
Closing Date
Apr 14, 2025
MLS#
1291567
Status
CLOSED
Type
Single Family Residential
City
Knoxville
County
Knox
Living Area
2,492
Year Built
1974
DOM
44

Property Description

Welcome to this charming duplex located in the heart of Knoxville! This property is perfect for investors or homeowners looking to offset their mortgage with rental income. This duplex offers an excellent investment opportunity with the fully furnished units. The current setup has received great reviews on rental platforms and maintains a good occupancy rate located in Knox County not the city! This rare find is perfect for both first-time investors and seasoned real estate professionals looking to expand their portfolio. The units are currently occupied, by long-term tenant in 3734 at $2000/Mth, Mid Term Tenant in 3732 at $2200/Mth. Each side could be rented Short Term for up to $5,000 a month. Both sides are FULLY FURNISHED for Air Bnb. Please do not disturb tenants. Move in ready, duplex, convenient to restaurants, shopping, and the interstate. Both properties include an spacious patio, one side is fenced with carport and workshop. Each unit has 2 Bedrooms and 2 1/2 Bathrooms, features include kitchen, eat in dining room, pantry/laundry room, living room, and half bath downstairs, Upstairs has 2 Bedrooms with en suite, perfect privacy great for any type of living situation. Abundance of extras Fully Furnished with Furniture, Decor, Linen, Tv's, Kitchen everything, everything you would need for a short term rental. Exterior is Brick/Vinyl for very low maintence. If you're seeking a versatile investment opportunity with a residence with immediate rental income, this property is a prime choice in a growing market. Great starter investment if you want to occupy one side you may qualify for FHA loan with very favorable low down payment and terms.

Additional Information

Appliances
Refrigerator, Range, Dishwasher, Microwave, Washer, Dryer
Construction
Block, Brick, Vinyl Siding
Cooling
Central Air
Exterior Features
Windows - Vinyl
Floors
Carpet, Laminate, Vinyl
Garage
On Premise Parking, Carport, Off Street
Living Area
2,492
Lot Dimensions
40M X 180.67 X IRR
Subdivision
Orchard Hills
Year Built
1974
Subdivision
Orchard Hills
Heating
Central, Electric
Restrictions
Yes
Num Of Units
2

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Calculator source: Real Geeks

Agent: Allison L. Oaks |

Office: Platinum Realty Group |

Selling Office: .