132 Watauga Ave, Knoxville, TN 37917

New
$200,000
Property Type: Single Family Bedrooms: 2 Square Footage: 1,250 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $200,000 List Date: 2/24/2026 Last Modified: 2/24/2026

Description

Income-Producing Potential in Prime North Knoxville Location! Located just minutes from Downtown Knoxville, the UT campus, and convenient interstate access, this property is priced with investors in mind but would also make a great starter home for a first-time buyer looking to purchase a home that will can be built with a little sweat equity. The main level features original hardwood floors, adding warmth and character. The renovated kitchen features new soft-close cabinets and drawers, fresh countertops, and a new stove. These updates and more are already completed for you. Floorplan offers many opportunities with three separate entryways, two downstairs and one upstairs. The home was previously used as a duplex and could easily be converted again to offer student housing, with a full studio upstairs and two bedrooms plus a kitchenette downstairs. The downstairs mudroom provides space that could easily be converted into a kitchenette. Buyers or tenants will enjoy the covered front porch, ideal for relaxing rain or shine, along with the spacious side yard that can be used for entertaining, pets, or gardening. The parking area easily accommodates two vehicles and could be modified to fit three. The home is also located along the bike lane that connects directly to the North Central Street corridor, an area seeing major new developments in 2026. Additional updates include a new roof in 2025, new electrical panel, and recently updated HVAC system and heat pump. With its prime location, flexible layout, and future appreciation potential, this property presents a strong opportunity for investors seeking rental income, instant equity potential, and long-term growth in the Knoxville market. Schedule your showing today! Seller is willing to assist the buyer with closing costs with reasonable offers.

More Information MLS# 1330365

Contract Info

Auction Y/N: No Occupancy: Either Listing Price: 200000 Current Price: $200,000 Status: Active Listing Date: 2026-02-23

Location, Tax & Legal Info

Area: Knox County - 1 Property Sub-Type: Residential City/County Code: City Limits Elementary School: Christenberry Middle School: Whittle Springs Total Tax: 1538.74 High School: Fulton

General Property Description

Type: Basement Ranch # Bedrooms: 2 Acres: 0.11 Acre Source: Tax Records # of Rooms: 7 Restrictions: No Site Built: Yes Fireplace: No Property Status: N/A SqFt - Main Lvl: 732 SqFt - Down Lvl: 518 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 Total Unfinished SqFt: 200 # Fireplace: 0 HOA: No Basement: Yes Bonus Room: No Extra Storage: Yes SqFt - Total (Aprox): 1250 Baths - Full: 2 Year Built: 1899

Remarks & Misc

Directions: From I-40W, take the ramp to 275N, take Exit 2 for Heiskell Ave. Turn right onto Heiskell Ave towards Central Ave Pike. After the underpass, turn left onto Bruhin Rd. Turn Right onto Watauga Ave and driveway will be immediately on your right. When exiting, continue on Watauga Ave turning right away from the house. Watauga is a one way street. Public Remarks: Income-Producing Potential in Prime North Knoxville Location! Located just minutes from Downtown Knoxville, the UT campus, and convenient interstate access, this property is priced with investors in mind but would also make a great starter home for a first-time buyer looking to purchase a home that will can be built with a little sweat equity. The main level features original hardwood floors, adding warmth and character. The renovated kitchen features new soft-close cabinets and drawers, fresh countertops, and a new stove. These updates and more are already completed for you. Floorplan offers many opportunities with three separate entryways, two downstairs and one upstairs. The home was previously used as a duplex and could easily be converted again to offer student housing, with a full studio upstairs and two bedrooms plus a kitchenette downstairs. The downstairs mudroom provides space that could easily be converted into a kitchenette. Buyers or tenants will enjoy the covered front porch, ideal for relaxing rain or shine, along with the spacious side yard that can be used for entertaining, pets, or gardening. The parking area easily accommodates two vehicles and could be modified to fit three. The home is also located along the bike lane that connects directly to the North Central Street corridor, an area seeing major new developments in 2026. Additional updates include a new roof in 2025, new electrical panel, and recently updated HVAC system and heat pump. With its prime location, flexible layout, and future appreciation potential, this property presents a strong opportunity for investors seeking rental income, instant equity potential, and long-term growth in the Knoxville market. Schedule your showing today! Seller is willing to assist the buyer with closing costs with reasonable offers.

Atchd/Dtchd Type

Detached: 1

Style

Traditional: 1

Construction

Frame: 1

Siding

Stone: 1 Vinyl: 1

Fireplace

None: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1

Floors

Hardwood: 1 Sustainable: 1 Vinyl: 1

Garage/Parking

Off-Street Parking: 1

Basement

Crawl Space Sealed: 1 Partially Finished: 1 Walkout: 1

Lot Description

Corner Lot: 1 Level: 1

Fuel

Electric: 1

Heat

Central: 1

Community Amenities

Other - See Remarks: 1

Dining Area

Eat-in Kitchen: 1

Appliances

Range: 1 Self Cleaning Oven: 1 Smoke Detector: 1

Other Rooms

Extra Storage: 1

Exterior Features

Cable Available (TV Only): 1 Porch - Covered: 1 Windows - Vinyl: 1

Misc Features

Internet Available: 1 Pantry: 1 Walk-In Closet(s): 1 Washer/Dryer Connect: 1

Sewer

Public Sewer: 1

Water

Public: 1

New Financing

Cash: 1 Conventional: 1 FHA: 1 New Loan: 1 VA Loan: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 132 Street Name: Watauga St Suffix: Ave State/Province: TN Zip Code: 37917 PIN #: 081BJ001 Subdivision: Braine & Lees Add Pt 24 Geo Lat: 35.996362 Geo Lon: -83.95118

Status Change Info

Status Change Date: 2026-02-24

Property Features

Style: Traditional Construction: Frame Siding: Stone; Vinyl Basement: Crawl Space Sealed; Partially Finished; Walkout Lot Description: Corner Lot; Level Fireplace: None Floors: Hardwood; Sustainable; Vinyl Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Range; Self Cleaning Oven; Smoke Detector Sewer: Public Sewer Water: Public Other Rooms: Extra Storage Misc Features: Internet Available; Pantry; Walk-In Closet(s); Washer/Dryer Connect Exterior Features: Cable Available (TV Only); Porch - Covered; Windows - Vinyl Dining Area: Eat-in Kitchen Community Amenities: Other - See Remarks Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; New Loan; VA Loan
Listing Office: Reed Real Estate Pros
IDX
Office Phone: 865-240-0445
Last Updated: February - 24 - 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.