Grady DeBerry
BEDS4
BATHS2 full
SQUARE FEET1,440
MLS#1335200
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONDoll Mynderse & Brownlees 2nd Add
NEIGHBORHOODKnox County - 1
Property Description
***OFFERS ACCEPTED UNTIL MONDAY AT 10:00 AM*** Income-Producing Opportunity with Renovated ADU - Minutes from Downtown KnoxvilleThis versatile property offers a rare opportunity for both investors and house hackers with two income-producing living spaces on one lot. The main home features 3 bedrooms, 1 bathroom, and approximately 960 square feet of living space, while the property also includes a 480 square foot Additional Dwelling Unit (ADU)--perfect for generating additional rental income or accommodating guests.The ADU was fully renovated in 2020 after being converted from a former garage and includes its own mini-split HVAC system, creating a comfortable and efficient standalone space. Previously, the main unit rented for $2,100 per month with utilities included, while the ADU generated $1,100 per month with utilities included, highlighting the strong income potential this property offers.Located just minutes from downtown Knoxville, the University of Tennessee, and major commuter routes, this property provides both convenience and investment upside in a rapidly growing area. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this property delivers flexibility and opportunity.Buyer to verify all information.
Property Features
Property Type: Residential - Single Family
Cooling: Central Cooling
Fireplaces: 1
Fuel Type: Electric
Heating: Central, Electric
Home Style: Other
Lot Size: 0.27 Acres
Year Built: 1930
Feature Descriptions
Appliances: Dishwasher, Microwave, Range, Refrigerator
Days on Site: 1
Exterior: Vinyl Siding, Block
Lot: Other, Rolling Slope
Parcel #: 094CN018
Parking: Off-Street Parking
Sewer: Public Sewer
SQFT Total: 1440
Water: Public
Local Schools
High School: Fulton
Middle School: Bearden
Elementary School: Maynard
Listed By / Shown By
Listed By
Agency Name: Real Broker
Shown By
Agent Name: Grady DeBerry
Agent Phone: (865) 316-4073
Agency Title: Crye-Leike Real Estate Services
Source: East Tennessee REALTORS
Estimate Your Payment
Estimated Payment
$ 452.85 per month $400.38 Principal & Interest $0.00 Property Tax (data not provided by mls) $52.47 Homeowner's InsuranceChange Payment Information
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1243 Iredell Ave | MLS# 1335200
This single family home located at 1243 Iredell Ave, Knoxville, TN 37921 is currently listed for sale with an asking price of $179,900. This property was built in 1930 and has 4 bedrooms and 2 full baths with 1440 sq. ft. Iredell Ave is located in the Doll Mynderse & Brownlees 2nd Add subdivision. Search Doll Mynderse & Brownlees 2nd Add real estate on www.isellsmiles.com today.