Property Details for ID: 1307987

Public Remarks: TWO Homes on One Lot - Live in One, Rent the Other! Be sure to check out the virtual tour for a detailed walk through of these properties. Welcome to this exceptional and versatile property in South Knoxville, offering TWO completely separate homes on a single parcel—ideal for owner-occupants, house hackers, or savvy investors. This setup provides flexibility and proven income potential in a highly desirable location. The front home is a beautifully updated 3-bedroom, 2-bathroom residence with over 1,500 square feet of living space. This spacious layout includes a modern kitchen with stainless steel appliances, tile backsplash, a deep black sink, an oversized range hood, and a large eat-in bar. The home also features two large living areas, one of which could serve as a fourth bedroom for additional value. The primary suite boasts an en-suite bath with tile-surround shower and dual vanities. This unit has a strong rental history of $2,500/month, making it an excellent income-producing asset. Tucked behind the right side of the main house is the newly updated A.D.U. (additional dwelling unit). This 2-bedroom, 1-bathroom guest house has been tastefully upgraded by the current owners. This comfortable home boasts a modern kitchen, upgraded bath, polished concrete floors, and so much more and sits on a private fenced level yard that is separately accessible with ample parking. With approximately 700 square feet, this home has a charming and minimalist design and comes fully furnished for short or mid-term rentals. It has consistently rented for just below $2,000/month to traveling professionals. This setup is ideal for those seeking additional income or multi-generational living options. Live in the back home while renting out the larger front home for higher returns, or enjoy the space and privacy of the 3-bedroom residence while using the smaller unit to offset your mortgage. The property includes private yard space for each unit, designated parking, and privacy fencing between the two homes. Zoned residential with a single address and utility meter, the property meets requirements for owner-occupancy-based Airbnb permits (Type 1) with the City of Knoxville, offering additional income flexibility. Located in the vibrant South Haven neighborhood just minutes from Ijams Nature Center, Downtown Knoxville, and the Urban Wilderness trail system—this property is perfectly positioned to continue to attract consistent tenant demand. Don't miss this opportunity to own two homes in one of Knoxville's fastest-growing areas with built-in income potential. Buyer to verify square feet and all other information.

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