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
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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
- Pellissippi State 45 min
- Sevierville 45 min
- Turkey Creek 45 min
- LaFollette 60 min
- Morristown 60 min
- ORNL 60 min
- Pigeon Forge 60 min
Track this home
Don't miss a price drop.
It already dropped $25,100 on Oct 15. We'll email you when anything changes.
- Price drops
- Status changes
- Open houses
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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.