2642 Summit Ave, Knoxville, TN 37917

$330,000
1,288
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$330,000
List Price
$339,950
Closing Date
Apr 09, 2026
MLS#
1328786
Status
CLOSED
Type
Single Family Residential
City
Knoxville
County
Knox
Living Area
1,288
Year Built
1940
DOM
62

Property Description

Fully renovated duplex just minutes from downtown Knoxville and the University of Tennessee, offering immediate income with upside. Updated in 2024, this property features extensive improvements including a new roof, new HVAC systems, new water heaters, new windows, new electrical, new plumbing, new cabinets, and new appliances—providing peace of mind for years to come. Both units offer durable tile flooring throughout with carpeted bedrooms for comfort. One unit is currently occupied on a month-to-month basis, while the second unit is vacant and previously rented for $1,250, making it ideal for an owner-occupant or investor seeking to set market rent. Washer and dryer hookups are conveniently located in the basement. Located very close to downtown and UT, this property combines modern upgrades, strong rental potential, and a prime location. A solid opportunity for those looking to house hack or add a turnkey duplex to their portfolio.

Additional Information

Appliances
Refrigerator, Range, Dishwasher
Construction
Frame, Cedar
Cooling
Central Air
Floors
Carpet, Tile
Garage
Off Street
Living Area
1,288
Lot Dimensions
51x137
Subdivision
Cardwell & Mitchell
Year Built
1940
Subdivision
Cardwell & Mitchell
Heating
Central, Electric
Num Of Units
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Agent: Phil Hopewell |

Office: ResultsMLS.com |

Selling Office: .