1243 Iredell Ave, Knoxville, TN 37921

New
$179,900
Property Type: Single Family Bedrooms: 4 Square Footage: 1,440 Lot Size (sq. ft.): 11,761 Status: Active
Current Price: $179,900 List Date: 4/02/2026 Last Modified: 4/02/2026

Overview

Description

Income-Producing Opportunity with Renovated ADU - Minutes from Downtown Knoxville This 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.

Listing Details MLS# 1335200

Location Tax Legal Info

House #
1243
Street Name
Iredell
St Suffix
Ave
State/Province
TN
Zip Code
37921
PIN #
094CN018
Subdivision
Doll Mynderse & Brownlees 2nd Add

Contract Info

Auction Y/N
No
Listing Price
179900

General Property Description

Type
Ranch
Acres
0.27
Acre Source
Tax Records
Site Built
Yes
Restrictions
No
SqFt - Total (Aprox)
1440
SqFt - Main Lvl
960
SqFt - 3rd Flr Lvl
480
# Bedrooms
4
Baths - Full
2
# of Rooms
4
Fireplace
No
Property Status
N/A
HOA
No
Year Built
1930
Bonus Room
No
SqFt - Down Lvl
0
SqFt - 2nd Flr Lvl
0
# Fireplace
0
Basement
No

Status Change Info

Status Change Date
2026-04-02

Location, Tax & Legal Info

Area
Knox County - 1
Property Sub-Type
Residential
City/County Code
City Limits
Elementary School
Maynard
Middle School
Bearden
Total Tax
651.97
High School
Fulton

Remarks & Misc

Directions
From the Henley Street Bridge, head north on Henley St and merge onto I-275 N. Take the W Baxter Ave exit and continue on W Baxter Ave for approximately 0.4 miles. Turn onto Iredell Ave--the home will be on the right.
Public Remarks
Income-Producing Opportunity with Renovated ADU - Minutes from Downtown Knoxville This 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.

More Information

Fencing

Chain
Yes

Atchd/Dtchd Type

Detached
Yes

Style

Other
Yes

Construction

Block
Yes

Siding

Vinyl
Yes

Fireplace

None
Yes

Cooling

Central Cooling
Yes

Floors

Luxury Vinyl Plank
Yes

Garage/Parking

Off-Street Parking
Yes

Basement

Crawl Space
Yes

Lot Description

Rolling Slope
Yes
Other
Yes

Fuel

Electric
Yes

Heat

Central
Yes

Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Exterior Features

Porch - Covered
Yes

Misc Features

Washer/Dryer Connect
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Other Construction: Block Siding: Vinyl Basement: Crawl Space Lot Description: Rolling Slope; Other Fireplace: None Floors: Luxury Vinyl Plank Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Microwave; Range; Refrigerator Sewer: Public Sewer Water: Public Misc Features: Washer/Dryer Connect Exterior Features: Porch - Covered Fencing: Chain Showing: See Agent Instructns New Financing: Cash; Conventional
Listing Office: Real Broker
IDX
Office Phone: 844-591-7325
Last Updated: April - 02 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Search powered by FBS Products