1243 Iredell Ave, Knoxville, TN 37921
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
1243 Iredell Ave,Knoxville, TN 37921
$179,900
- 4 Beds
- 2 Baths
- 1,440 sq. ft.
- Single family
- Active
Listed by: luke jacob rivers
Office: real broker
MLS#:1335200
Source:TN_KAAR
Price summary
- Price:$179,900
- Price per sq. ft.:$124.93
About this home
Income-Producing Opportunity with Renovated ADU - Minutes from Downtown Knoxville
This versatile property offers a rare opportunity for both investors and house hackers with two income-producing living spaces on one lot. The main home features 3 bedrooms, 1 bathroom, and approximately 960 square feet of living space, while the property also includes a 480 square foot Additional Dwelling Unit (ADU)--perfect for generating additional rental income or accommodating guests.
The ADU was fully renovated in 2020 after being converted from a former garage and includes its own mini-split HVAC system, creating a comfortable and efficient standalone space. Previously, the main unit rented for $2,100 per month with utilities included, while the ADU generated $1,100 per month with utilities included, highlighting the strong income potential this property offers.
Located just minutes from downtown Knoxville, the University of Tennessee, and major commuter routes, this property provides both convenience and investment upside in a rapidly growing area. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this property delivers flexibility and opportunity.
Buyer to verify all information....
Contact an agent
Home facts
- Year built:1930
- Listing ID #:1335200
- Added:1 day(s) ago
- Updated:April 02, 2026 at 10:10 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:4
- Basement:Yes
- Basement Description:Crawl Space
- Living area:1,440 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric
Structure and exterior
- Year built:1930
- Building area:1,440 sq. ft.
- Lot area:0.27 Acres
- Construction Materials:Block
Schools
- High school:Fulton
- Middle school:Bearden
- Elementary school:Maynard
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$179,900
- Price per sq. ft.:$124.93
Parking
- Parking description:Off-Street Parking
New listings near 1243 Iredell Ave
- New
$319,900Active2 beds 3 baths1,848 sq. ft.8705 Olde Colony Tr #28, Knoxville, TN 37923
MLS# 1335193Listed by: UNITED REAL ESTATE SOLUTIONS - New
$409,900Active3 beds 3 baths1,632 sq. ft.7836 Jefferson Oaks Drive, Knoxville, TN 37938
MLS# 1335198Listed by: KELLER WILLIAMS WEST KNOXVILLE - New
$224,900Active3 beds 2 baths1,344 sq. ft.3954 Skyline Drive, Knoxville, TN 37914
MLS# 1335202Listed by: YOUR HOME SOLD GUARANTEED REAL - New
$274,900Active2 beds 2 baths1,254 sq. ft.1974 Locarno Drive, Knoxville, TN 37914
MLS# 1335203Listed by: YOUR HOME SOLD GUARANTEED REAL - Coming Soon
$325,000Coming Soon4 beds 2 baths432 E Springdale Ave, Knoxville, TN 37917
MLS# 1335204Listed by: KELLER WILLIAMS SIGNATURE - New
$318,909Active4 beds 2 baths1,400 sq. ft.5515 Malachi Circle, Knoxville, TN 37918
MLS# 1335208Listed by: YOUR HOME SOLD GUARANTEED REAL - Coming Soon
$499,900Coming Soon3 beds 2 baths807 Concord Farms Lane, Knoxville, TN 37934
MLS# 1335213Listed by: THE REAL ESTATE FIRM, INC. - New
$320,000Active3 beds 3 baths1,708 sq. ft.3719 Sean Grove Way, Knoxville, TN 37921
MLS# 3167355Listed by: REALTY EXECUTIVES ASSOCIATES - New
$1,595,000Active4 beds 3 baths4,594 sq. ft.3811 Maloney Rd, Knoxville, TN 37920
MLS# 1335165Listed by: GREATER IMPACT REALTY