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
...
(Read more)
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!
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
Documents
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.
Lilac Plans ›
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