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BJ Can Help You Purchase This Unit
Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!
3614 Selma Ave, Knoxville, 37914
Priced At: $290,000
Property Details for ID: 1300909
SqFt: 0
Price SqFt: n/a
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-05-14T00:59:22Z
Subdivision: Whites
Public Remarks: Here's your chance to own a versatile duplex-style property with strong potential and recent major upgrades. Located in the heart of Knoxville, this property offers two units—one fully rented and the other ready for a complete transformation. The top unit is tenant-occupied, offering immediate rental income, and the tenant is open to staying with the new owner. The lower unit has been partially renovated, with work already started by the previous owner who decided to shift focus to a larger project. It's a blank canvas ready for your design and finishing touches! Key Updates Include: Roof replaced just 3 years ago, HVAC system also 3 years old New main water line from meters to the house. Updated windows approx. 4 years old The home is situated on a 50x150 lot with approximately 1,664 total square feet. Zoned RN-2 (Single-Family Residential) and classified for 2-4 family use, this property offers flexibility for an investor or owner-occupant looking to customize a space. Convenient to schools, parks, and major roads, this property is a strategic addition to any real estate portfolio. Don't miss your chance to build value in an area with strong rental demand and development potential!
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Directions
1-40 East (L) Rutledge Pike (L) to Prosser (R) to Martin Luther King (L) on Fern (L) on Selma Ave.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!