4239 Lilac Ave, Knoxville, TN 37914 (MLS# 1347503)

4239 Lilac Ave, Knoxville, TN 37914

$249,900
Property Type: Multi-Family Square Footage: 1,190 Status: Active
Current Price: $249,900 List Date: 7/22/2026 Last Modified: 7/22/2026

Overview

Description

Investor Opportunity - Finish, Rent, and Start Building Wealth! Unlock the potential of this nearly completed duplex and bring your investment vision to life! This income-producing property offers two 2-bedroom units, making it an excellent opportunity for investors looking to generate rental income or expand their real estate portfolio. The heavy lifting has already been done--plans are in place, and much of the hard work has been completed. Now it's your chance to step in, add the finishing touches, and reap the rewards. Whether you're looking for long-term rental income, a house-hacking opportunity, or a valuable addition to your investment portfolio, this property offers exceptional potential. With strong demand for quality rental housing, this duplex is positioned to become a cash-flowing asset once completed. Don't miss the opportunity to customize the final finishes while adding instant value. Highlights: Duplex with two 2-bedroom units Excellent income-producing ...

Listing Details MLS# 1347503

Location Tax Legal Info

House #
4239
Street Name
Lilac
St Suffix
Ave
State/Province
TN
Zip Code
37914
PIN #
083AB02501

Contract Info

Auction Y/N
No
Listing Price
249900

General Property Description

SqFt - Total (Aprox)
1190
Lot Dimensions
54 x 150
Number of Units
2
Year Built
2026
Property Status
N/A
Driveway
in alleyway
Utilities/Mo Avg
0

Status Change Info

Status Change Date
2026-07-08

Location, Tax & Legal Info

Area
Knox County - 1
City/County Code
City Limits
Total Tax
56.57

Remarks & Misc

Directions
Take the I-40 W freeway Take exit 392A on the right onto Rutledge Pike/US-11W S/TN-1 toward Knoxville Zoo Dr Turn left onto Prosser Rd Turn right onto Martin Luther King Jr Ave about 0.1 mi, less than 1 min Turn left onto Fern St Turn left onto Lilac Ave You have arrived at Lilac Ave B Lilac Ave, Knoxville, TN 37914
Public Remarks
Investor Opportunity - Finish, Rent, and Start Building Wealth! Unlock the potential of this nearly completed duplex and bring your investment vision to life! This income-producing property offers two 2-bedroom units, making it an excellent opportunity for investors looking to generate rental income or expand their real estate portfolio. The heavy lifting has already been done--plans are in place, and much of the hard work has been completed. Now it's your chance to step in, add the finishing touches, and reap the rewards. Whether you're looking for long-term rental income, a house-hacking opportunity, or a valuable addition to your investment portfolio, this property offers exceptional potential. With strong demand for quality rental housing, this duplex is positioned to become a cash-flowing asset once completed. Don't miss the opportunity to customize the final finishes while adding instant value. Highlights: Duplex with two 2-bedroom units Excellent income-producing potential Major groundwork and planning already completed Finish to your specifications Ideal for investors, builders, or contractors Opportunity to build equity and generate long-term cash flow Priced to sell--don't miss this outstanding investment opportunity! Opportunities like this don't come along often. Schedule your showing today and take the next step toward owning a property with tremendous income potential!

More Information

Property Sub-Type

Duplex
Yes

Construction

Frame
Yes

Type of Units

2 Bedroom Unit
Yes

Sale Includes

Building and Land
Yes

Cooling

Central Cooling
Yes

Floors

Other
Yes

Garage/Parking

Garage Faces Rear
Yes
Off-Street Parking
Yes

Fuel

Electric
Yes

Heat

Central
Yes

Other Rooms

Mstr Bdrm Main Level
Yes

Roof

Shingle
Yes

Exterior Features

Porch - Covered
Yes
Windows - Vinyl
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes

Property Features

Property Sub-Type: Duplex Type of Units: 2 Bedroom Unit Sale Includes: Building and Land Floors: Other Fuel: Electric Heat: Central Cooling: Central Cooling Construction: Frame Roof: Shingle Exterior Features: Porch - Covered; Windows - Vinyl Other Rooms: Mstr Bdrm Main Level New Financing: Cash; Conventional; New Loan
IDX
Listing Office: Realty Executives-Nikitia Thompson Realty
Last Updated: July - 22 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.