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$544,900
123/125 S Chestnut St, Knoxville, TN 37914
Active32 days on market

Listing provided by: Quinn Epperly · Real Broker

Source: East Tennessee REALTORS® MLS · MLS# 1343427

East Tennessee REALTORS IDXListing last updated

Beds
0
Baths
2,428
Sq Ft
2023
Year Built
0.18
Lot (ac)
Multi-Family
Type

About this home

Investment Opportunity or Owner-Occupant Dream in the Heart of Knoxville! Rare opportunity to own a nearly new construction duplex just minutes from Downtown Knoxville and convenient interstate access. Built only three years ago, this property offers modern finishes, strong rental income, and future upside that is difficult to find in today's market. Each unit features luxury vinyl plank flooring, white shaker cabinetry, granite countertops, and a highly desirable floor plan with the primary bedroom located on the main level. The thoughtful design provides comfortable living while minimizing maintenance concerns often associated with older properties. One of the standout features of this duplex is the completely separate parking arrangement. Each unit has its own dedicated driveway located on opposite sides of the property, creating privacy and a single-family home feel that is uncommon among duplex properties. Unit 123 is currently leased for $1,975 per month on a one-year lease expiring in September, providing immediate income for investors. Unit 125 is vacant and ready for its next tenant or owner-occupant, offering flexibility to maximize returns or offset your mortgage with rental income. The property is situated on commercially zoned land, opening the door to numerous future possibilities and long-term value potential. With very few newer construction duplexes available in Knoxville--especially this close to downtown and major highways--this is a unique opportunity to acquire a versatile asset in a growing market. Whether you're looking to house hack, expand your investment portfolio, or secure a property with future development potential, this duplex checks all the boxes.

Facts & features

Interior
Bedrooms & bathrooms
  • Bathrooms: 0
Heating
  • Heating: Central, Electric
Cooling
  • Cooling: Central Cooling
Appliances
  • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
Features
  • Features: Walk-In Closet(s)
  • Flooring: Carpet
Interior area
  • Total interior livable area: 2,428 sqft
Property
Parking
  • Parking features: Off-Street Parking
  • Attached garage: No
Lot
  • Size: 0.18 acres · 7,950 sqft
  • Dimensions: 53x150
Exterior
  • Exterior features: Windows - Vinyl
Details
  • Parcel number: 082NA007
Construction
Type & style
  • Home type: Multi-Family
Materials
  • Materials: Vinyl, Block, Frame
Condition
  • Year built: 2023
Utilities
Utilities
  • Security: Smoke Detector
Community & HOA
Community
  • Subdivision: STRONG & THOMPSON E END
  • County: Knox County - 1
  • MLS area: Knox County - 1
  • Region: Knoxville
Financial & listing details
Financial
  • Price: $544,900
  • Price per square foot: $224/sqft
  • Annual tax: $5,695.28
  • Listing terms: VA Loan, FHA, Cash, Conventional
Listing
  • Date on market: Jun 4, 2026
  • Days on market: 32
  • Status: Active
  • MLS #: 1343427

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Middle / JuniorVine/Magnet

Location

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