Knoxville, TN 37914,4005 Ivy Ave
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Knoxville, TN 37914,4005 Ivy Ave
Knoxville, TN 37914,4005 Ivy Ave
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$ 124,997
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4005 Ivy Ave Knoxville, TN 37914

3 Beds

2 Baths

1,058 SqFt


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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,058 sqft

Price per Sqft $118

Subdivision Fike

MLS Listing ID 1313560

Style Manufactured

Bedrooms 3

Full Baths 2

Year Built 1990

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Single Family Residence

Source East Tennessee REALTORS® MLS

Property Description

Excellent investment opportunity with strong returns. Currently rented for $1,550 per month, this home delivers a 1.24% rent-to-price ratio, outperforming the traditional 1% rule. The property has passed government inspection and is in solid rental condition with only minor updates needed. Major systems are in good shape with the HVAC and roof approximately 5-8 years old. With an ARV estimated over $200,000, there is strong equity and upside potential. The photos have been virtually staged to show possibilities. Priced for a quick sale and best suited for cash buyers, this is a great addition to any rental portfolio.

Location

State TN

County Knox County - 1

Area 0.18

Rooms

Family Room Yes

Other Rooms LaundryUtility, Bedroom Main Level, Office, Family Room, Mstr Bedroom Main Level

Basement Crawl Space

Dining Room Eat-in Kitchen

Interior

Interior Features Walk-In Closet(s), Cathedral Ceiling(s), Eat-in Kitchen

Heating Central, Natural Gas

Cooling Central Cooling

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop, Self Cleaning Oven

Heat Source Central, Natural Gas

Laundry true

Exterior

Exterior Feature Patio

Parking Features Main Level, Other

Garage Description Main Level, Other

View Other

Porch true

Garage No

Building

Lot Description Level

Faces From I-40 East, take Exit 392, turn left onto US-11W N/Rutledge Pike, turn right onto Spring Hill Rd, then turn left onto Ivy Ave.

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Frame,Other

Schools

Elementary Schools Ritta

Middle Schools Holston

High Schools Austin East/Magnet

Others

Restrictions No

Tax ID 083AA037

Energy Description Gas(Natural)


Listed by Homecoin.com
agent

Kiley Parker

Founding Advisor | REALTOR® | License ID: 350727

+1(865) 755-8502

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4005 Ivy Ave