611 Glenoaks Drive, Knoxville, TN 37912
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
611 Glenoaks Drive,Knoxville, TN 37912
- - Beds
- - Baths
- 1,988 sq. ft.
- Multi-family
- Active
Listed by: kenny phillips, phillip hopper
Office: powell auction & realty,llc
MLS#:1356489
Source:TN_KAAR
Price summary
- Price:
About this home
ONLINE ONLY REAL ESTATE AUCTION | Two Homes on One Parcel - Immediate Income-Producing Investment Opportunity | BIDDING BEGINS TO CLOSE: Friday, October 9th at 12:00PM - Noon (ET) | OPEN HOUSE: Wednesday, October 7th at 12:00PM - Noon (ET)| This exceptional investment property offers two separate dwellings on a single parcel, currently generating $2,250.00 per month in rental income on a month-to-month basis -- making it a truly turnkey income-producing opportunity from day one. With a main home, a detached secondary dwelling, and a detached garage, this property delivers outstanding flexibility and value for investors and owner-occupants alike.
Main Home - $1,500/Month: The main home features 3 bedrooms and 1 bathroom with beautiful oak flooring throughout most of the home. The comfortable and well-laid-out floor plan includes a living room open to the dining room, additional room that could easily serve as a 4th bedroom if desired, covered front porch, and detached garage. Rented for $1,500.00 per month (month-to-month).
Detached Secondary Dwelling - $750/Month: The detached secondary dwelling offers a wonderfully private and self-contained living space situated at the rear of the property, accessed via a separate driveway off the back alley. Featuring 2 bedrooms and 1 bathroom, this charming unit includes a living room, and covered front porch. Rented for $750.00 per month (month-to-month).
Two-home parcels generating immediate rental income with separate access, detached garage, and month-to-month tenancy offering flexibility for the new owner are increasingly rare. Whether you're an experienced investor looking to add a solid income-producing asset to your portfolio or a buyer seeking to live in one unit while generating rental income from the other, this property delivers the value, flexibility, and immediate cash flow to make it an outstanding acquisition.
Buyer to verify all information. 10% Buyer's Premium added to the high bid to establish the total sales contract price. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709...
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Home facts
- Year built:1930
- Subdivision & Development:Mitchells Addition
- Listing ID #:1356489
- Added:3 day(s) ago
- Updated:September 27, 2026 at 02:37 PM
Rooms and interior
- Flooring:Hardwood, Vinyl
- Living area:1,988 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Electric, Heat Pump
Structure and exterior
- Year built:1930
- Building area:1,988 sq. ft.
- Construction Materials:Block, Frame
Finances and disclosures
- Price:
Parking
- Parking description:Off-Street Parking
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