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123/125 S Chestnut St, Knoxville, TN 37914

$524,900

Property Type: Multi-Family Square Footage: 2,428 Lot Size (sq. ft.): 7,950 Status: Active

Current Price: $524,900 List Date: 6/04/2026 Last Modified: 8/27/2026

Overview

Description

Investment Opportunity or Owner-Occupant Dream in the Heart of Knoxville! Rare opportunity to own a nearly new construction duplex just minutes from Downtown Knoxville and convenient interstate access. Built only three years ago, this property offers modern finishes, strong rental income, and future upside that is difficult to find in today's market. Each unit features luxury vinyl plank flooring, white shaker cabinetry, granite countertops, and a highly desirable floor plan with the primary bedroom located on the main level. The thoughtful design provides comfortable living while minimizing maintenance concerns often associated with older properties. One of the standout features of this duplex is the completely separate parking arrangement. Each unit has its own dedicated driveway located on opposite sides of the property, creating privacy and a single-family home feel that is uncommon among duplex properties. Unit 123 is currently leased for $1,975 per month on a one-year ... (Read more)

Listing Details MLS# 1343427

Location Tax Legal Info

House #: 123/125
St Dir: S
Street Name: Chestnut
St Suffix: St
State/Province: TN
Zip Code: 37914
PIN #: 082NA007
Subdivision: STRONG & THOMPSON E END

Contract Info

Auction Y/N: No
Listing Price: 524900

General Property Description

SqFt - Total (Aprox): 2428
Lot Dimensions: 53x150
Lot Size SqFt: 7950
Number of Units: 2
# Units Leased: Yes
Utilities/Mo Avg: 500
Year Built: 2023
Property Status: N/A
Driveway: 2
Lease Information: 123 S Chestnut is on a 12 month lease for $1975 a month

Status Change Info

Status Change Date: 2026-06-04

IncomeExpenses

Net Operating Income: 39900

More Information

Property Features

Property Sub-Type: Duplex Type of Units: 3 or more Bdrm Units Sale Includes: Building and Land Floors: Carpet; Luxury Vinyl Plank Tenant Expenses: Tenant Pays All Util Owner Expenses: Insurance Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector Construction: Block; Frame Roof: Asphalt Siding: Vinyl Exterior Features: Windows - Vinyl Misc Features: Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level Fencing: Chain New Financing: Cash; Conventional; FHA; VA Loan

IDX

Listing Office: Real Broker

Last Updated: August - 27 - 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.

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123/125 S Chestnut St, Knoxville, TN 37914 (MLS# 1343427)