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
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