2642 Summit Ave, Knoxville, TN 37917
$339,950
Property Type:
Multi-Family
Square Footage:
1,288
Status:
Active
Current Price:
$339,950
List Date:
2/09/2026
Last Modified:
2/17/2026
Description
Fully renovated duplex just minutes from downtown Knoxville and the University of Tennessee, offering immediate income with upside. Updated in 2024, this
property features extensive improvements including a new roof, new HVAC systems, new water heaters, new windows, new electrical, new plumbing, new
cabinets, and new appliances—providing peace of mind for years to come. Both units offer durable tile flooring throughout with carpeted bedrooms for comfort.
One unit is currently occupied on a month-to-month basis, while the second unit is vacant and previously rented for $1,250, making it ideal for an owner-occupant
or investor seeking to set market rent. Washer and dryer hookups are conveniently located in the basement. Located very close to downtown and UT, this property
combines modern upgrades, strong rental potential, and a prime location. A solid opportunity for those looking to house hack or add a turnkey duplex to their
portfolio.
More Information MLS# 1328786
Location, Tax & Legal Info
Area: Knox County - 1
City/County Code: City Limits
Elementary School: Sarah M Greene/Magnet
Middle School: Vine/Magnet
Total Tax: 3845
High School: Austin East/Magnet
Contract Info
Auction Y/N: No
Listing Price: 339950
Current Price: $339,950
Status: Active
Listing Date: 2026-02-06
General Property Description
Lot Dimensions: 51x137
# Units Leased: 1
Utilities/Mo Avg: 109.25
Property Status: N/A
Driveway: No
SqFt - Total (Aprox): 1288
Number of Units: 2
Year Built: 1940
Remarks & Misc
Directions: From I-40, take the Cherry Street exit toward downtown Knoxville. Turn onto Cherry Street, then turn left onto Washington Avenue. Continue on Washington Avenue and turn left onto Harrison Street, then turn left onto Nichols Avenue, Right onto Turner Avenue, and right onto Summit Avenue. The property at 2642 Summit Ave will be on the right.
Public Remarks: Fully renovated duplex just minutes from downtown Knoxville and the University of Tennessee, offering immediate income with upside. Updated in 2024, this
property features extensive improvements including a new roof, new HVAC systems, new water heaters, new windows, new electrical, new plumbing, new
cabinets, and new appliances—providing peace of mind for years to come. Both units offer durable tile flooring throughout with carpeted bedrooms for comfort.
One unit is currently occupied on a month-to-month basis, while the second unit is vacant and previously rented for $1,250, making it ideal for an owner-occupant
or investor seeking to set market rent. Washer and dryer hookups are conveniently located in the basement. Located very close to downtown and UT, this property
combines modern upgrades, strong rental potential, and a prime location. A solid opportunity for those looking to house hack or add a turnkey duplex to their
portfolio.
Property Sub-Type
Duplex: 1
Construction
Frame: 1
Type of Units
2 Bedroom Unit: 1
Siding
Cedar: 1
Sale Includes
Negotiable: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Tile: 1
Garage/Parking
Off-Street Parking: 1
Tenant Expenses
Electricity: 1
Owner Expenses
Sewer: 1
Water: 1
Fuel
Electric: 1
Heat
Central: 1
Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Other Rooms
Bedroom Main Level: 1
Mstr Bdrm Main Level: 1
Roof
Composition: 1
Exterior Features
Porch - Covered: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 2642
Street Name: Summit
St Suffix: Ave
State/Province: TN
Zip Code: 37917
PIN #: 082GC014
Subdivision: Cardwell & Mitchell
Geo Lat: 35.99183
Geo Lon: -83.897179
Status Change Info
Status Change Date: 2026-02-09
Property Features
Property Sub-Type: Duplex
Type of Units: 2 Bedroom Unit
Sale Includes: Negotiable
Floors: Carpet; Tile
Tenant Expenses: Electricity
Owner Expenses: Sewer; Water
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Range; Refrigerator
Construction: Frame
Roof: Composition
Siding: Cedar
Exterior Features: Porch - Covered
Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level
New Financing: Cash; Conventional; FHA; VA Loan
Showing: See Agent Instructns
Listing Office:
ResultsMLS.com
IDX
Office Phone: 615-488-2094
Last Updated: February - 17 - 2026
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