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Active 221 days on market

8732 Gleason Drive

Knoxville, TN 37923 · Echo Valley Unit 1 · Knox County

$699,000

$80,000 price cut · Oct 16

Sq ft
3,726
Acres
0.4
Built
1972

Listing courtesy of Realty Executives Knox Valley · MLS #1333228

Description

Opportunity is knocking at 8732 Gleason Drive and it's bringing income potential with it.

This fully updated duplex features two spacious units, each offering 3 bedrooms, 2 bathrooms, plus additional flex rooms, perfect for home offices, playrooms, guest space, or extra storage (not counted as bedrooms due to no windows). Whether you're house hacking, expanding your portfolio, or looking for a multi-generational setup, this property delivers versatility and value.

Recent updates provide peace of mind, including PEX plumbing throughout most of the property, and one unit features a tankless (on-demand) water heater for added efficiency and modern comfort.

Located in a highly desirable area and zoned for A.L. Lotts Elementary, West Valley Middle, and Bearden High School, this duplex offers strong rental appeal. Just minutes from shopping, dining, entertainment, and downtown Knoxville, tenants (or owners) will love the convenience and accessibility.

Strong income-producing potential. Updated & low-maintenance systems. Prime Knoxville location.

Whether you live in one side and rent the other or lease both, this is the kind of opportunity savvy buyers wait for.

Details

Home

Type
Residential Income
Year built
1972
Living area
3,726 sq ft
Parking
On Premise Parking, On Street

Interior

Rooms
Addl Living Quarter, Bedroom Main Level, Mstr Bdrm Main Level, Office
Flooring
Tile, Vinyl
Appliances
Refrigerator, Range, Dishwasher, Washer, Dryer, Tankless Water Heater
Features
Kitchen Island
Also
Kitchen Island, Walk-in Shower, Washer/Dryer Connect

Exterior

Construction
Brick
Porch & patio
Patio, Porch - Covered
Fencing
Privacy, Other Fencing

Land

Lot size
0.4 acres

Utilities

Heating
Heat Pump, Electric, Natural Gas

Listing

MLS #
1333228
Status
Active
On market
221 days
Listed
Mar 21, 2026
Finances
Property tax
County only
Outside city limits
HOA
None
No association dues
Price per sq ft
$188
3,726 sq ft

Price history

Oct 16, 2026
Price cut
$699,000 −$80,000
Before
Listed
$779,000

Accepted

  • Cash
  • Conventional
  • 1031 Exchange
  • FHA
  • Second Mortgage
  • VA Loan
  • THDA

Instant pre-approval

Get pre-approved before you tour.

Answer a few quick questions about your income and expenses by phone, and get pre-approved on the spot.

  • Takes 3 minutes
  • No credit pull
  • Fully automated
  • Available 24/7
Call (865) 535-7119
Location
Neighborhood
Echo Valley Unit 1
County
Knox
ZIP
37923

Drive times

  • downtown Knoxville 20 min
  • Pellissippi State 20 min
  • Turkey Creek 20 min
  • UT Medical Center 20 min
  • McGhee Tyson Airport 25 min
  • Lenoir City 30 min
Approximate, by road

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Listing courtesy of Realty Executives Knox Valley. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1333228.