407 Sharp Lane, Knoxville, TN 37912 (MLS# 1330789)

407 Sharp Lane, Knoxville, TN 37912

$594,000

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Property Type: Multi-Family Square Footage: 1,534 Lot Size (sq. ft.): 19,994 Status: Active

Current Price: $594,000 List Date: 3/02/2026 Last Modified: 3/22/2026

Overview

Description

Prime Dual-Home Opportunity in the Heart of Knoxville 407 & 405 Sharp Lane, Knoxville, TN 37912 Welcome to a rare and versatile investment opportunity in desirable Knoxville! Whether you're an investor looking to maximize rental income or a homeowner wanting to live in one property while renting the other, this unique package at 407 & 405 Sharp Lane offers flexibility, updates, and an unbeatable location. 405 Sharp Lane, you'll find a spacious 4 bedroom, 2 bath home with approximately 1,534 square feet, fully renovated in 2025. Improvements include: Leveled & brand new flooring, New kitchen cabinets & microwave, fresh interior paint, new water heater, updated plumbing & new water line to the meter, new porch & side entry stairs, new ceiling lights. This home offers generous living space and modern updates, making it move-in ready and highly appealing to tenants or extended family living. Next door 407 Sharp Lane is a beautifully renovated 3 bedroom, 2 bath home offers approximately 1,215 square feet of comfortable, one-level living. Renovated in 2019, updates include: new siding, new windows, new flooring, updated plumbing, new water heater (2021). The layout is functional and inviting, perfect for a primary residence or reliable rental property. Properties have separate utilities, have had annual inspections and pest service, roofs are approximately 8 years old, hvac units are approximately or under 7 years old. Buyer to verify all information.

Listing Details MLS# 1330789

Location Tax Legal Info

House #: 407
Street Name: Sharp
St Suffix: Lane
State/Province: TN
Zip Code: 37912
PIN #: 069PE043
Subdivision: Caldwell & Tindells Add

Contract Info

Auction Y/N: No
Listing Price: 594000

General Property Description

SqFt - Total (Aprox): 1534
Lot Dimensions: 100 x 200
Lot Size SqFt: 19994
Number of Units: 2
# Units Leased: Yes
Year Built: 1955
Property Status: N/A
Restrictions: No
Driveway: paved
Lease Information: Current is month to month lease, would like to stay. Vacant home 2500/mo, occupied is 1800/mo
Utilities/Mo Avg: 0

Status Change Info

Status Change Date: 2026-03-02

Location, Tax & Legal Info

Area: Knox County - 1
City/County Code: City Limits
Total Tax: 2145.08

Remarks & Misc

Directions: Central Ave Pike, Left Coster Rd, Right Sharp Lane, 407 and 405 Sharp Lane
Public Remarks: Prime Dual-Home Opportunity in the Heart of Knoxville 407 & 405 Sharp Lane, Knoxville, TN 37912 Welcome to a rare and versatile investment opportunity in desirable Knoxville! Whether you're an investor looking to maximize rental income or a homeowner wanting to live in one property while renting the other, this unique package at 407 & 405 Sharp Lane offers flexibility, updates, and an unbeatable location. 405 Sharp Lane, you'll find a spacious 4 bedroom, 2 bath home with approximately 1,534 square feet, fully renovated in 2025. Improvements include: Leveled & brand new flooring, New kitchen cabinets & microwave, fresh interior paint, new water heater, updated plumbing & new water line to the meter, new porch & side entry stairs, new ceiling lights. This home offers generous living space and modern updates, making it move-in ready and highly appealing to tenants or extended family living. Next door 407 Sharp Lane is a beautifully renovated 3 bedroom, 2 bath home offers approximately 1,215 square feet of comfortable, one-level living. Renovated in 2019, updates include: new siding, new windows, new flooring, updated plumbing, new water heater (2021). The layout is functional and inviting, perfect for a primary residence or reliable rental property. Properties have separate utilities, have had annual inspections and pest service, roofs are approximately 8 years old, hvac units are approximately or under 7 years old. Buyer to verify all information.

More Information

Fencing

Fenced Yard: Yes

Property Sub-Type

Other: Yes

Construction

Frame: Yes

Type of Units

3 or more Bdrm Units: Yes
Unfurnished: Yes

Siding

Other: Yes

Sale Includes

Building and Land: Yes
No Furnishings: Yes

Cooling

Ceiling Fan(s): Yes
Central Cooling: Yes

Floors

Hardwood: Yes
Luxury Vinyl Plank: Yes
Parquet: Yes

Garage/Parking

Carport: Yes
Off-Street Parking: Yes

Tenant Expenses

Cooling: Yes
Electricity: Yes
Heating: Yes
Sewer: Yes
Telephone: Yes
Water: Yes

Owner Expenses

Other: Yes

Fuel

Electric: Yes

Heat

Central: Yes

Appliances

Microwave: Yes
Range: Yes

Other Rooms

Bedroom Main Level: Yes
Mstr Bdrm Main Level: Yes
Split Bedroom: Yes

Roof

Shingle: Yes

Exterior Features

Deck: Yes
Windows - Vinyl: Yes

Misc Features

Internet Available: Yes
Washer/Dryer Connect: Yes

New Financing

Cash: Yes
Conventional: Yes
FHA: Yes
New Loan: Yes

Showing

See Agent Instructns: Yes

Property Features

Property Sub-Type: Other Type of Units: 3 or more Bdrm Units; Unfurnished Sale Includes: Building and Land; No Furnishings Floors: Hardwood; Luxury Vinyl Plank; Parquet Tenant Expenses: Electricity; Sewer; Telephone; Water Owner Expenses: Other Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Microwave; Range Construction: Frame Roof: Shingle Siding: Other Exterior Features: Deck; Windows - Vinyl Misc Features: Internet Available; Washer/Dryer Connect Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level; Split Bedroom Fencing: Fenced Yard New Financing: Cash; Conventional; FHA; New Loan Showing: See Agent Instructns

Listing Office: Vision Properties Group, Inc.

IDX

Office Phone: 865-297-8597

Last Updated: March - 22 - 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.