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Active 98 days on market

4239 Lilac Ave

Knoxville, TN 37914 · Knox County

$199,900

$25,100 price cut · Oct 15

Sq ft
1,190
Built
2026

Listing courtesy of Realty Executives-Nikitia Thompson Realty · MLS #1347503

Description

Investor Opportunity - Finish, Rent, and Start Building Wealth!

Unlock the potential of this nearly completed duplex and bring your investment vision to life! This income-producing property offers two 2-bedroom units, making it an excellent opportunity for investors looking to generate rental income or expand their real estate portfolio.

The heavy lifting has already been done--plans are in place, and much of the hard work has been completed. Now it's your chance to step in, add the finishing touches, and reap the rewards. Whether you're looking for long-term rental income, a house-hacking opportunity, or a valuable addition to your investment portfolio, this property offers exceptional potential.

With strong demand for quality rental housing, this duplex is positioned to become a cash-flowing asset once completed. Don't miss the opportunity to customize the final finishes while adding instant value.

Highlights:

Duplex with two 2-bedroom units Excellent income-producing potential Major groundwork and planning already completed Finish to your specifications Ideal for investors, builders, or contractors Opportunity to build equity and generate long-term cash flow Priced to sell--don't miss this outstanding investment opportunity!

Opportunities like this don't come along often. Schedule your showing today and take the next step toward owning a property with tremendous income potential!

Details

Home

Type
Residential Income
Year built
2026
Living area
1,190 sq ft
Parking
Off Street, Garage Faces Rear

Interior

Rooms
Mstr Bdrm Main Level

Exterior

Construction
Frame
Porch & patio
Porch - Covered

Utilities

Heating
Central, Electric

Listing

MLS #
1347503
Status
Active
On market
98 days
Listed
Jul 22, 2026
Finances
Property tax
City + county
Inside city limits
HOA
None
No association dues
Price per sq ft
$168
1,190 sq ft

Price history

Oct 15, 2026
Price cut
$199,900 −$25,100
Before
Listed
$225,000

Accepted

  • Cash
  • Conventional
  • New Loan

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
County
Knox
ZIP
37914

Drive times

  • downtown Knoxville 15 min
  • UT Medical Center 20 min
  • McGhee Tyson Airport 30 min
  • Douglas Lake 45 min
  • Lenoir City 45 min
  • Maryville 45 min
Approximate, by road

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Listing courtesy of Realty Executives-Nikitia Thompson Realty. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1347503.