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2501 E 5Th Ave, Knoxville, 37914
Priced At: $425,000
Property Details for ID: 1319540
SqFt: 1,505
Price SqFt: $282
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-10-23T07:16:08Z
Subdivision: Cold Springs Add
Public Remarks: Discover the perfect blend of charm, affordability, and convenience in this beautifully updated duplex located in the heart of Park Ridge Neighborhood. Set just minutes from Downtown Knoxville, the University of Tennessee, and major interstates. 2501 E 5th Ave offers a rare opportunity for first-time buyers, investors, or anyone seeking a home in a timeless neighborhood with modern amenities. Step inside Unit A to find bright open space with soaring ceilings. Just off the living room sits the eat in kitchen with plenty of space to cook and gather. The stairs flow up to 3 massive bedrooms and shared bathroom. Unit B enters to a cozy living room with it's own tall ceilings. Hallway leads to your split bedroom layout with a bathroom in between. Outside offers individual yard spaces w/ rear parking just off the alley. Located in an up-and-coming neighborhood with easy access to parks, schools, shopping, and dining, this duplex is ideal for those looking to invest in Knoxville's growth or simply settle into a vibrant community. Don't miss your chance to own a piece of Knoxville at a great price point.
Schools Information
Elementary School: Sarah M Greene/MagnetMiddle / Junior School: Vine/Magnet
High School: Austin East/Magnet
Building Description
SqFt (Total): 1,505
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Directions
Exit I‑40 at Exit 390 (Cherry Street / Downtown Knoxville). Head north on N Cherry St. After about 0.2-0.3 miles, turn left onto Woodbine Avenue. Continue on Woodbine until you reach E 5th Avenue, then turn right. Proceed along E 5th Ave until you arrive at 2501 E 5th Ave, which will be on your right.
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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!