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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