2517 Cedar Lane, Knoxville, TN 37918
New Listing
$595,000
Property Type:
Multi-Family
Square Footage:
0
Status:
Active
Current Price:
$595,000
List Date:
12/17/2025
Last Modified:
12/17/2025
Description
Extremely spacious two-story duplex in Fountain City! A rare opportunity where each unit is larger than the average single-family home. Each side is 4 beds/2 baths, has a private entrance, and a well designed floor plan.
This property provides flexibility for investors or owner-occupants. One unit is currently rented while the other is vacant, offering immediate income potential with the option to live on the property as well.
Substantial off-street parking enhances convenience for residents and guests. This duplex benefits from strong rental demand, proximity to shopping and dining, and easy access to major roadways.
More Information MLS# 1324419
Location, Tax & Legal Info
Area: Knox County - 1
City/County Code: City Limits
Elementary School: Fountain City
Middle School: Gresham
Total Tax: 5159.31
High School: Central
Contract Info
Auction Y/N: No
Listing Price: 595000
Current Price: $595,000
Status: Active
Listing Date: 2025-12-17
General Property Description
Lot Dimensions: 113.95 X 97.77 X IRR
# Units Leased: 1
Utilities/Mo Avg: 300
Property Status: N/A
Driveway: Yes
SqFt - Total (Aprox): 0.26
Number of Units: 2
Year Built: 1991
Remarks & Misc
Directions: Take ramp onto I-40 E/I-75 N. Take exit 385 toward Lexington onto I-75 N/I-640 Take exit 3 toward Lexington onto I-75 N. Take exit 108 toward Merchants Dr. Turn right onto Merchants Dr NW. Continue on Cedar Ln NE.
Public Remarks: Extremely spacious two-story duplex in Fountain City! A rare opportunity where each unit is larger than the average single-family home. Each side is 4 beds/2 baths, has a private entrance, and a well designed floor plan.
This property provides flexibility for investors or owner-occupants. One unit is currently rented while the other is vacant, offering immediate income potential with the option to live on the property as well.
Substantial off-street parking enhances convenience for residents and guests. This duplex benefits from strong rental demand, proximity to shopping and dining, and easy access to major roadways.
Property Sub-Type
Duplex: 1
Construction
Frame: 1
Type of Units
3 or more Bdrm Units: 1
Unfurnished: 1
Siding
Vinyl: 1
Sale Includes
Building and Land: 1
Miscellaneous
Washer/Dryer Cnctns: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Laminate: 1
Tile: 1
Vinyl: 1
Garage/Parking
Off-Street Parking: 1
Fuel
Gas (Natural): 1
Heat
Forced Air: 1
Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Other Rooms
Other: 1
Roof
Composition: 1
Shingle: 1
Exterior Features
Shed: 1
Misc Features
Pantry: 1
Washer/Dryer Connect: 1
Wired for Internet: 1
New Financing
Cash: 1
Conventional: 1
Exchange: 1
FHA: 1
Location Tax Legal Info
House #: 2517
Street Name: Cedar
St Suffix: Lane
State/Province: TN
Zip Code: 37918
PIN #: 058KB05901
Subdivision: Ftn City Co Resub
Geo Lat: 36.032947
Geo Lon: -83.934441
Status Change Info
Status Change Date: 2025-12-17
Property Features
Property Sub-Type: Duplex
Type of Units: 3 or more Bdrm Units; Unfurnished
Sale Includes: Building and Land
Floors: Carpet; Laminate; Tile; Vinyl
Fuel: Gas (Natural)
Heat: Forced Air
Cooling: Central Cooling
Appliances: Dishwasher; Range; Refrigerator
Construction: Frame
Roof: Composition; Shingle
Siding: Vinyl
Exterior Features: Shed
Misc Features: Pantry; Washer/Dryer Connect; Wired for Internet
Other Rooms: Other
Miscellaneous: Washer/Dryer Cnctns
New Financing: Cash; Conventional; Exchange; FHA
Listing Office:
Alliance Sotheby's International
IDX
Office Phone: 865-357-3232
Last Updated: December - 17 - 2025
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