1201 Karnes Avenue

Knoxville, TN 37917

$250,000
Price
—
Beds
994 Sq. Ft.
$252 / Sq. Ft.
994
Sq. Ft.
$252
per Sq. Ft.

Description

Unlock the potential of this budget-friendly duplex! Over $25k/yr gross income! 3 miles to Downtown, Market Square, University of Tennessee Hospitals. Two separate units, separately metered, perfect for rental income or multi-generational living. Nestled in a neighborhood ripe with growth this property offers a great upside potential. Main Level Unit. 3 Bed 1 Bath
Upstairs Unit. 2 Bed 1 Bath
Property is Occupied. Do Not Disturb Tenants. Call listing team with questions + showing windows.
Unlock the potential of this budget-friendly duplex! Over $25k/yr gross income! 3 miles to Downtown, Market Square, University of Tennessee Hospitals. Two separate units, separately metered, perfect for rental income or multi-generational living. Nestled in a neighborhood ripe with growth this property offers a great upside potential. Main Level Unit. 3 Bed 1 Bath
Upstairs Unit. 2 Bed 1 Bath

Property is Occupied. Do Not Disturb Tenants. Call listing team with questions + showing windows.
  1. Listed by Cory King • eXp Realty, LLC

Property Details for 1201 Karnes Avenue

Sub division Name
Braine & Lees 2nd Add Pts 24 Thru 26
LISTING UPDATED: 09/26/2024 09:52 AM

Property Details for 1201 Karnes Avenue

StatusActive
MLS #1276456
Days on Market63
Taxes$1,687 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1946
Lot Size0.00 AC / 0 SF
CountyKnox County

Building Information for 1201 Karnes Avenue

Stories-Residences2Year Built1946Building Size-Lot Size0.00 AC / 0 SF

Property Information for 1201 Karnes Avenue

Summary
Location and General Information
  • City: Knoxville
  • County Or Parish: Knox County - 1
  • Directions: From N. Broadway St, turn NW on to Karnes Ave, cross Milton St and continue on Karnes Ave. Home will be the last house on the left, no sign on property.
  • Latitude: 36.011085
  • Longitude: -83.928167
  • MLS Area Major: Knox County - 1
  • MLS Area Minor: Knox County - 1
  • Postal Code: 37917
  • State Or Province: TN
  • Location Tax Legal Info Area: Knox County - 1
  • Remarks Misc Directions: From N. Broadway St, turn NW on to Karnes Ave, cross Milton St and continue on Karnes Ave. Home will be the last house on the left, no sign on property.
Parking
  • Attached Garage: No
  • Parking Features: On Premise Parking, On-Street Parking, Off-Street Parking
  • General Property Description Driveway: Yes
  • Garage Parking Off-Street Parking: True
  • Garage Parking On Premise Parking: True
  • Garage Parking On-Street Parking: True
School Information
  • Elementary School: Christenberry
  • High School: Fulton
  • Middle Or Junior School: Whittle Springs
  • Location Tax Legal Info Elementary School: Christenberry
  • Location Tax Legal Info Middle School: Whittle Springs
  • Location Tax Legal Info High School: Fulton
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 069KB016
  • Location Tax Legal Info Total Tax: 1687.13
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 1946
  • Building Area Total: 994.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: 188 X 65M X IRR
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: 188 X 65M X IRR
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 0.0
  • Fuel Electric: True
  • Miscellaneous WasherDryer Cnctns: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch - Covered, Balcony
  • Construction Materials: Vinyl, Frame
  • Siding Vinyl: True
  • Exterior Features Balcony: True
  • Exterior Features Porch - Covered: True
  • Miscellaneous Porch: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Other
  • Flooring: Laminate, Carpet, Vinyl, Other
  • Heating: Yes
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Laminate: True
  • Floors Vinyl: True
  • Heat Central: True
  • Heat - Other: True
  • Appliances Other: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Other Rooms Other: True
  • Roof Shingle: True
  • Misc Features WasherDryer Connect: True
Multi Family
Income & Expenses Information
  • Gross Income: $25,980.00
Multi-Family Information
  • Number Of Units Total: 2
  • Type of Units 2 Bedroom Unit: True
  • Type of Units 3 or more Bdrm Units: True
  • Income Expenses Gross Annual Income: 25980.0
Unit 1
  • Unit 1 Unit Number: 1
  • Unit 1 Beds Total: 3
  • Unit 1 Rent: 1190
  • Unit 1 Furnished: Unfurnished
  • Unit 1 Lease: Yes
Unit 2
  • Unit 2 Unit Number: 2
  • Unit 2 Beds Total: 2
  • Unit 2 Rent: 975
  • Unit 2 Furnished: Unfurnished
  • Unit 2 Lease: Yes
Rental
Rent Information
  • Tenant Expenses Cooling: Central Cooling,Window Unit(s)
  • Tenant Expenses Heating: Central,Other,Electric

Property History for 1201 Karnes Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1201 Karnes Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$707 ($59 / month)
Home Facts
Beds5Baths3Total Finished SqFt994 SqFtAbove Grade Finished SqFt994 SqFtStories1Lot Size11,456 SqFtStyleSingle Family ResidenceYear Built1946Year Renovated1980CountyKNOXAPN069KB016

Schools near 1201 Karnes Avenue

This home is within Knox County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Christenberry Elementary School
PublicPK to 5

Whittle Springs Middle School
Public6 to 8

Fulton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1201 Karnes Avenue is a multi-family home for sale in Knoxville, TN 37917. This property was listed for sale on September 19, 2024 by eXp Realty, LLC, it's currently listed at $250,000. It has been on the market for a total of 63 days and was last sold on December 30, 2021. This listing's school district is Knox County School District. Nearby schools include Christenberry Elementary School, Whittle Springs Middle School and Fulton High School. 1201 Karnes Avenue is a 0-bed, 0-bath, 994 sqft multi-family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC, Cory King

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 09/26/2024 09:52 AM