407 Sharp Lane, Knoxville, TN 37912

New
$599,000
Property Type: Multi-Family Square Footage: 1,534 Lot Size (sq. ft.): 19,994 Status: Coming Soon - No Showings
Current Price: $599,000 List Date: 2/26/2026 Last Modified: 2/27/2026

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.

More Information MLS# 1330789

Location, Tax & Legal Info

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

Contract Info

Auction Y/N: No Listing Price: 599000 Current Price: $599,000 Status: Coming Soon - No Showings Listing Date: 2026-02-26

General Property Description

Lot Dimensions: 100 x 200 Lot Size SqFt: 19994 # Units Leased: 1 Restrictions: No Utilities/Mo Avg: 0 Property Status: N/A Driveway: paved Lease Information: Current is month to month lease, would like to stay. Vacant home 2500/mo, occupied is 1800/mo SqFt - Total (Aprox): 1534 Number of Units: 2 Year Built: 1955

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.

Fencing

Fenced Yard: 1

Property Sub-Type

Other: 1

Construction

Frame: 1

Type of Units

3 or more Bdrm Units: 1 Unfurnished: 1

Siding

Other: 1

Sale Includes

Building and Land: 1 No Furnishings: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1

Floors

Hardwood: 1 Luxury Vinyl Plank: 1 Parquet: 1

Garage/Parking

Carport: 1 Off-Street Parking: 1

Tenant Expenses

Cooling: 1 Electricity: 1 Heating: 1 Sewer: 1 Telephone: 1 Water: 1

Owner Expenses

Other: 1

Fuel

Electric: 1

Heat

Central: 1

Appliances

Microwave: 1 Range: 1

Other Rooms

Bedroom Main Level: 1 Mstr Bdrm Main Level: 1 Split Bedroom: 1

Roof

Shingle: 1

Exterior Features

Deck: 1 Windows - Vinyl: 1

Misc Features

Internet Available: 1 Washer/Dryer Connect: 1

New Financing

Cash: 1 Conventional: 1 FHA: 1 New Loan: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 407 Street Name: Sharp St Suffix: Lane State/Province: TN Zip Code: 37912 PIN #: 069PE043 Subdivision: Caldwell & Tindells Add Geo Lat: 36.006045 Geo Lon: -83.956723

Status Change Info

Status Change Date: 2026-02-27

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: February - 27 - 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.