401 S Cherry St, Knoxville, TN 37914
$180,000
Property Type:
Single Family
Bedrooms:
3
Square Footage:
1,170
Lot Size (sq. ft.):
7,405
Status:
Closed
Current Price:
$180,000
List Date:
2/13/2025
Last Modified:
5/11/2026
Listing Details MLS# 1289480
Location Tax Legal Info
- House #
- 401
- St Dir
- S
- Street Name
- Cherry
- St Suffix
- St
- State/Province
- TN
- Zip Code
- 37914
- PIN #
- 082ND017
Contract Info
- Auction Y/N
- No
- Listing Price
- 182500
- Gross Amount Year 1
- 15120
General Property Description
- Type
- Ranch
- Acres
- 0.17
- Acre Source
- Tax Records
- Site Built
- Yes
- Restrictions
- No
- SqFt - Total (Aprox)
- 1170
- SqFt - Main Lvl
- 1170
- # Bedrooms
- 3
- Baths - Full
- 2
- # of Rooms
- 7
- Fireplace
- No
- Property Status
- N/A
- HOA
- No
- Year Built
- 1994
- Bonus Room
- No
- SqFt - Down Lvl
- 0
- SqFt - 2nd Flr Lvl
- 0
- SqFt - 3rd Flr Lvl
- 0
- # Fireplace
- 0
- Basement
- No
Status Change Info
- Status Change Date
- 2025-05-12
- Under Contract Date
- 2025-03-14
- Sold Date
- 2025-04-30
Location, Tax & Legal Info
- Area
- Knox County - 1
- Property Sub-Type
- Residential
- City/County Code
- City Limits
- Total Tax
- 895.87
Remarks & Misc
- Directions
- Use GPS
- Public Remarks
- Seller says bring all offers!! **Steady Income Investment with Long-Term Tenant - 401 S Cherry St, Knoxville, TN** Investors, here's a rare opportunity to own a **3-bedroom, 2-bathroom** rental property with a **long-term, reliable tenant** in place. This home is currently leased to a **KCDC tenant** who has lived in the property for over **15 years**, consistently paying **on time** and expressing a desire to stay. While the **current rent of $1,260/month is below market**, a structured **20% annual increase** has been agreed upon with the tenant until market rent is achieved, making this a **high-upside investment** with built-in growth potential. The home itself is well-maintained, offering a **functional layout** and solid structure, minimizing maintenance concerns. Located in a convenient area with **strong rental demand**, this property is perfect for an investor looking for **stability and future appreciation**. Don't miss this **turnkey, cash-flowing asset** with a built-in rent growth strategy. **Schedule a viewing today!** Owner/Broker
More Information
Atchd/Dtchd Type
- Detached
- Yes
Style
- Cottage
- Yes
Construction
- Brick
- Yes
- Frame
- Yes
Fireplace
- None
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Cooling
- Yes
Floors
- Carpet
- Yes
- Hardwood
- Yes
- Tile
- Yes
Garage/Parking
- Off-Street Parking
- Yes
Basement
- Crawl Space
- Yes
Lot Description
- Corner Lot
- Yes
- Level
- Yes
Fuel
- Gas (Natural)
- Yes
Heat
- Central
- Yes
Appliances
- Dishwasher
- Yes
- Range
- Yes
- Refrigerator
- Yes
Exterior Features
- TV Antenna
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Style:
Cottage
Construction:
Brick; Frame
Basement:
Crawl Space
Lot Description:
Corner Lot; Level
Fireplace:
None
Floors:
Carpet; Hardwood; Tile
Fuel:
Gas (Natural)
Heat:
Central
Cooling:
Ceiling Fan(s); Central Cooling
Appliances:
Dishwasher; Range; Refrigerator
Sewer:
Public Sewer
Water:
Public
Exterior Features:
TV Antenna
Showing:
See Agent Instructns
New Financing:
Cash; Conventional
IDX
Listing Office:
Capstone Realty Group
Office Phone: 865-433-4663
Last Updated: May - 11 - 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.
