722 Leconte Drive, Knoxville, TN 37915
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
722 Leconte Drive,Knoxville, TN 37915
$89,500
- 0.74 Acres
- Lots / Land
- Active
Listed by: dan pastor
Office: weichert realtors advantage plus
MLS#:1345143
Source:TN_KAAR
Price summary
- Price:$89,500
About this home
Exceptional in-town development opportunity in one of Knoxville's most desirable and rapidly evolving areas. This 0.74-acre city lot offers outstanding potential for duplex or multi-family residential construction, ideally suited for builders, investors, or developers looking to capitalize on strong rental demand and continued urban growth.
Located less than 2 miles from downtown Knoxville and the highly sought-after Market Square, the property sits in a prime infill corridor surrounded by ongoing redevelopment, renovated historic housing, and new residential and mixed-use projects. Residents will enjoy quick access to some of the city's best dining, entertainment, local markets, and cultural attractions, all within minutes of home.
The site is also conveniently positioned near the University of Tennessee, Knoxville University of Tennessee Knoxville, making it especially attractive for student housing, faculty rentals, or long-term investment properties catering to a consistently high-demand rental market. Proximity to the university supports strong occupancy potential and stable rental income opportunities year-round.
Outdoor recreation and scenic appeal further enhance the location, with the Tennessee River Tennessee River just a short distance away. The riverfront area offers walking and biking paths, greenways, parks, and water access, adding to the quality of life and desirability for future tenants or homeowners seeking a balance between urban convenience and natural surroundings.
The 0.74-acre parcel provides ample space for thoughtful site planning and flexible design options, allowing for duplex construction, townhomes, or a small multi-family community (subject to zoning approval). Its size and configuration make it particularly well-suited for maximizing density while still maintaining livability, parking accommodations, and attractive curb appeal.
Surrounded by a blend of established neighborhoods and ongoing development activity, this property represents a rare opportunity to secure a well-located tract of land in a tightening urban market. Whether developed for long-term rental income, resale, or a boutique residential project, this site offers strong upside potential in one of East Tennessee's most dynamic real estate corridors.
A truly strategic investment opportunity combining location, scale, and flexibility--just minutes from downtown Knoxville, the University of Tennessee, and the Tennessee River....
Contact an agent
Home facts
- Subdivision & Development:Morningside Addition
- Listing ID #:1345143
- Added:94 day(s) ago
- Updated:September 21, 2026 at 02:40 PM
Structure and exterior
- Lot area:0.74 Acres
Finances and disclosures
- Price:$89,500
New listings near 722 Leconte Drive
- Coming Soon
$419,900Coming Soon - No Showings3 beds 3 baths1,843 sq. ft.7900 Wheatland Drive, Knoxville, TN 37931
MLS# 1356216Listed by: SLYMAN REAL ESTATE - Coming Soon
$575,000Coming Soon - No Showings3 beds 3 baths2,476 sq. ft.1739 Avashire Lane, Knoxville, TN 37931
MLS# 1356208Listed by: THE REAL ESTATE OFFICE - Coming Soon
$549,900Coming Soon - No Showings3 beds 3 baths2,125 sq. ft.2422 Water Valley Way, Knoxville, TN 37932
MLS# 1356181Listed by: TENNESSEE LIFE REAL ESTATE PROFESSIONALS - Coming Soon
$425,000Coming Soon - No Showings2 beds 3 baths1,730 sq. ft.1851 Cherokee Bluff Drive, Knoxville, TN 37920
MLS# 1356183Listed by: KELLER WILLIAMS REALTY - Coming Soon
$840,000Coming Soon - No Showings4 beds 4 baths3,268 sq. ft.8520 Flowering Peach Lane, Knoxville, TN 37923
MLS# 1356150Listed by: KELLER WILLIAMS SIGNATURE - Coming Soon
$639,900Coming Soon - No Showings4 beds 3 baths2,694 sq. ft.2209 Sea Horse Rd, Knoxville, TN 37932
MLS# 1356115Listed by: REALTY ONE GROUP ANTHEM - Coming Soon
$469,900Coming Soon - No Showings4 beds 3 baths1,415 sq. ft.6314 John May Drive, Knoxville, TN 37921
MLS# 1356099Listed by: KELLER WILLIAMS SIGNATURE - Coming Soon
$1,975,500Coming Soon - No Showings4 beds 7 baths6,128 sq. ft.12340 Vista Brook Lane, Knoxville, TN 37934
MLS# 1356084Listed by: UNITED REAL ESTATE SOLUTIONS - Coming Soon
$900,000Coming Soon - No Showings4 beds 3 baths3,100 sq. ft.2036 Spence Place, Knoxville, TN 37920
MLS# 1356031Listed by: UNITED REAL ESTATE SOLUTIONS - Coming Soon
$1,750,000Coming Soon4 beds 4 baths5,427 sq. ft.7343 Dunsford Lane, Knoxville, TN 37919
MLS# 3532422Listed by: SLYMAN REAL ESTATE