2327 Washington Avenue

Knoxville, TN 37917

$319,900
Price
—
Beds
2,232 Sq. Ft.
$143 / Sq. Ft.
2,232
Sq. Ft.
$143
per Sq. Ft.

Description

Investment opportunity! Keep this cash flowing property as a duplex or convert it back into a single family! This duplex on Washington Avenue is fully occupied with long standing tenants. Low maintenance costs and new HVAC units within the last 18 months. 4 Bed 1.5 Bath bottom unit with a month to month lease at $1250 per month. 2 Bed 1 Bath top unit also with a month to month lease for $1115 per month. Both units have central heat and air. Tenants pay all utilities. Shared garage for storage. Please...Investment opportunity! Keep this cash flowing property as a duplex or convert it back into a single family! This duplex on Washington Avenue is fully occupied with long standing tenants. Low maintenance costs and new HVAC units within the last 18 months. 4 Bed 1.5 Bath bottom unit with a month to month lease at $1250 per month. 2 Bed 1 Bath top unit also with a month to month lease for $1115 per month. Both units have central heat and air. Tenants pay all utilities. Shared garage for storage. Please do not disturb tenants. Showing windows scheduled for both Friday and Sunday. Call agent for more information.
  1. Listed by Lea Bradley • Realty Executive Associates Downtown

Property Details for 2327 Washington Avenue

Sub division Name
Hazens Pt 252

Location

Listing Courtesy of Realty Executive Associates Downtown, Lea Bradley
Add your commute
LISTING UPDATED: 03/28/2024 07:19 AM

Property Details for 2327 Washington Avenue

StatusActive
MLS #1254992
Days on Market46
Taxes$2,910 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1920
Lot Size0.00 AC / 0 SF
CountyKnox County

Location

Listing Courtesy of Realty Executive Associates Downtown, Lea Bradley
Add your commute

Building Information for 2327 Washington Avenue

Stories-Residences2Year Built1920Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$1,988 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,746

Property Taxes

$243

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2327 Washington Avenue

Summary
Location and General Information
  • City: Knoxville
  • County Or Parish: Knox County - 1
  • Directions: South on Cherry Street to RT onto Washington Avenue to property on RT.
  • Latitude: 35.985734
  • Longitude: -83.902883
  • MLS Area Major: Knox County - 1
  • MLS Area Minor: Knox County - 1
  • Postal Code: 37917
  • State Or Province: TN
  • Location Tax Legal Info Area: Knox County - 1
  • Remarks Misc Directions: South on Cherry Street to RT onto Washington Avenue to property on RT.
Parking
  • Attached Garage: No
  • Parking Features: Detached, Off-Street Parking
  • General Property Description Driveway: yes
  • Garage Parking Detached: True
  • Garage Parking Off-Street Parking: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 082JV018
  • Location Tax Legal Info Total Tax: 2909.81
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 1920
  • Building Area Total: 2232.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: 75 X 150
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: 75 X 150
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 200.0
  • Fuel Electric: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch - Covered, Fence - Wood
  • Construction Materials: Vinyl, Block, Frame
  • Siding Vinyl: True
  • Exterior Features Fence - Wood: True
  • Exterior Features Porch - Covered: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Flooring: Laminate, Hardwood, Carpet, Vinyl, Tile
  • Heating: Yes
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Hardwood: True
  • Floors Laminate: True
  • Floors Tile: True
  • Floors Vinyl: True
  • Heat Central: True
  • Other Rooms Other: True
  • Roof Shingle: True
Multi Family
Income & Expenses Information
  • Gross Income: $28,380.00
Multi-Family Information
  • Number Of Units Total: 2
  • Type of Units 2 Bedroom Unit: True
  • Type of Units 3 or more Bdrm Units: True
  • Income Expenses Gross Annual Income: 28380.0
Unit 1
  • Unit 1 Unit Number: Downstair
  • Unit 1 Beds Total: 4
  • Unit 1 Squarefeet: 1532.0
  • Unit 1 Furnished: Unfurnished
  • Unit 1 Lease: Yes
Unit 2
  • Unit 2 Unit Number: Upstairs
  • Unit 2 Beds Total: 2
  • Unit 2 Squarefeet: 700.0
  • Unit 2 Furnished: Unfurnished
  • Unit 2 Lease: Yes
Rental
Rent Information
  • General Property Description Number of Units Leased: 2.0
  • General Property Description Restrictions: No
  • General Property Description Lease Information: 4 Bed 1.5 Bath= month to month lease at $1250 p/m. 2 Bed 1 Bath=month to month lease at $1250 p/m.
  • Tenant Expenses Cooling: True
  • Tenant Expenses Electricity: True
  • Tenant Expenses Heating: True
  • Tenant Expenses Tenant Pays All Utilities: True

Property History for 2327 Washington Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2327 Washington Avenue

This home is within Knox County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Belle Morris Elementary School
PublicPK to 5

Vine Middle/Magnet
Public6 to 8

Austin East High/Magnet
Public9 to 12

L & N Stem Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2327 Washington Avenue is a multi-family home for sale in Knoxville, TN 37917. This property was listed for sale on March 7, 2024 by Realty Executive Associates Downtown, it's currently listed at $319,900. It has been on the market for a total of 46 days and was last sold on December 2, 2021. This listing's school district is Knox County School District. Nearby schools include Belle Morris Elementary School, Vine Middle/Magnet and Austin East High/Magnet. 2327 Washington Avenue is a 0-bed, 0-bath, 2,232 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Executive Associates Downtown, Lea Bradley

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 03/28/2024 07:19 AM