Back 1243 Iredell Avenue
Off Market

1243 Iredell Avenue

Knoxville TN 37921

4
2
1440 sq. ft.
0.27 ac.
Single-Family
Last sold for $169,900
Luke RiversLuke Rivers, last sold this property on 30 April 2026 after -29 days on market.

Overview

***OFFERS ACCEPTED UNTIL MONDAY AT 10:00 AM*** Income-Producing Opportunity with Renovated ADU - Minutes from Downtown Knoxville This versatile property offers a rare opportunity for both investors and house hackers with two income-producing living spaces on one lot. The main home features 3 bedrooms, 1 bathroom, and approximately 960 square feet of living space, while the property also includes a 480 square foot Additional Dwelling Unit (ADU)--perfect for generating additional rental income or accommodating guests. The ADU was fully renovated in 2020 after being converted from a former garage and includes its own mini-split HVAC system, creating a comfortable and efficient standalone space. Previously, the main unit rented for $2,100 per month with utilities included, while the ADU generated $1,100 per month with utilities included, highlighting the strong income potential this property offers. Located just minutes from downtown Knoxville, the University of Tennessee, and major commuter routes, this property provides both convenience and investment upside in a rapidly growing area. Whether you're looking to expand your rental portfolio or live in one unit while renting the other, this property delivers flexibility and opportunity. Buyer to verify all information. Home sold as-is.

Features

4 bedrooms
2 bathrooms
1440 sq. ft. floor area
0.27 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Knoxville over the last 12 months, the estimated median property value of 1243 Iredell Avenue is $369.9k.

Median value
$369.9k
Estimated value range
$169.9k - $560k
Median days on market
21
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Knoxville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1243 Iredell Avenue

2026
Sold
$169,900
30 Apr 2026 by Luke Rivers, of Real Broker, LLC

Happy sellers in Knoxville

92%
92% of sellers in Knoxville reported that their sale price either exceeded or met their price expectations.

Knoxville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Knoxville over the last 12 months.

Local market activity for 4 bedroom single-family properties in Knoxville

In the last 12 months, 44 four-bedroom single-family properties similar to 1243 Iredell Avenue, have been sold.

This represents a 9% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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