123/125 S Chestnut St, Knoxville, TN 37914
Local realty services provided by:CENTURY 21 Legacy
123/125 S Chestnut St,Knoxville, TN 37914
$499,900
- - Beds
- - Baths
- 2,428 sq. ft.
- Multi-family
- Active
Listed by: quinn epperly
Office: real broker
MLS#:1343427
Source:TN_KAAR
Price summary
- Price:$499,900
- Price per sq. ft.:$205.89
About this home
Investment Opportunity or Owner-Occupant Dream in the Heart of Knoxville!
Rare opportunity to own a nearly new construction duplex with 3 bedrooms and 2 bathroom in each unit, just minutes from Downtown Knoxville and convenient interstate access. Built only three years ago, this property offers modern finishes, strong rental income, and future upside that is difficult to find in today's market.
Each unit features luxury vinyl plank flooring, white shaker cabinetry, granite countertops, and a highly desirable floor plan with the primary bedroom located on the main level. The thoughtful design provides comfortable living while minimizing maintenance concerns often associated with older properties.
One of the standout features of this duplex is the completely separate parking arrangement. Each unit has its own dedicated driveway located on opposite sides of the property, creating privacy and a single-family home feel that is uncommon among duplex properties.
Unit 123 is currently leased for $1,975 per month on a one-year lease expiring in September, providing immediate income for investors. Unit 125 is vacant and ready for its next tenant or owner-occupant, offering flexibility to maximize returns or offset your mortgage with rental income.
The property is situated on commercially zoned land, opening the door to numerous future possibilities and long-term value potential. With very few newer construction duplexes available in Knoxville--especially this close to downtown and major highways--this is a unique opportunity to acquire a versatile asset in a growing market.
Whether you're looking to house hack, expand your investment portfolio, or secure a property with future development potential, this duplex checks all the boxes....
Contact an agent
Home facts
- Year built:2023
- Subdivision & Development:STRONG & THOMPSON E END
- Listing ID #:1343427
- Added:155 day(s) ago
- Updated:November 07, 2026 at 03:35 PM
Rooms and interior
- Flooring:Carpet
- Living area:2,428 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric
Structure and exterior
- Year built:2023
- Building area:2,428 sq. ft.
- Lot area:0.18 Acres
- Construction Materials:Block, Frame
Schools
- High school:Austin East/Magnet
- Middle school:Vine/Magnet
- Elementary school:Sarah M Greene/Magnet
Finances and disclosures
- Price:$499,900
- Price per sq. ft.:$205.89
Features and amenities
- Amenities:Windows - Vinyl
Parking
- Parking description:Off-Street Parking
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