5021 Schubert Rd, Knoxville, TN 37912

$389,900
1,908
SqFt

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Sold Price
$389,900
List Price
$389,900
Closing Date
Jun 30, 2025
MLS#
1296891
Status
CLOSED
Type
Multifamily
City
Knoxville
County
Knox
Living Area
1,908
Year Built
1950
Subdivision
Fred R Wallace Add

Property Description

This beautifully renovated duplex offers incredible potential and is ideally located for many different rental opportunities. This property is a must-see for investors or those looking for a prime real estate opportunity. Property qualifies for Type 1 Short Term Rental Permit through the City of Knoxville if the other unit is owner occupied! Property has been an extremely successful Airbnb with almost 500 reviews and 42k of gross rental income in 2024 for one unit alone!!! One unit could cover your entire mortgage and more... The property features two units: A spacious 3-bedroom, 1-bathroom unit A charming 1-bedroom, 1-bathroom unit Seller is selling fully furnished! ******Easy potential for Tri-plex!! Unfinished unit on the end ready to be converted into a studio unit, adding even more value to this already fantastic property***** Both units offer open floor plans, ensuring a bright, airy, and inviting atmosphere. The spacious living rooms and bedrooms provide ample space, while the renovated bathrooms offer modern finishes. The front porch is truly one of a kind, perfect for relaxing or enjoying the great outdoors. Both units have separate entrances, adding privacy and convenience. With ample closet space in each unit, storage is never an issue. This all one-level duplex offers a low-maintenance lifestyle. Whether you're looking for an investment or a multi-generational living space, this property in an ideal location is sure to impress! Don't miss out on this incredible opportunity!

Additional Information

Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Construction
Cedar, Block, Frame
Cooling
Central Cooling
Floors
Carpet, Vinyl, Tile
Garage
Off-Street Parking
Living Area
1,908
Lot Dimensions
257 X 261 X IRR
Year Built
1950

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Calculator source: Real Geeks

Agent: Corey Belden |

Office: Realty Executives Associates |

Selling Office: .