Search

722 Leconte Drive, Knoxville, TN 37915

$89,500

Property Type: Lots & Acreage Lot Size (sq. ft.): 32,191 Status: Active

Current Price: $89,500 List Date: 6/18/2026 Last Modified: 8/25/2026

Overview

Description

Exceptional in-town development opportunity in one of Knoxville's most desirable and rapidly evolving areas. This 0.74-acre city lot offers outstanding potential for duplex or multi-family residential construction, ideally suited for builders, investors, or developers looking to capitalize on strong rental demand and continued urban growth. Located less than 2 miles from downtown Knoxville and the highly sought-after Market Square, the property sits in a prime infill corridor surrounded by ongoing redevelopment, renovated historic housing, and new residential and mixed-use projects. Residents will enjoy quick access to some of the city's best dining, entertainment, local markets, and cultural attractions, all within minutes of home. The site is also conveniently positioned near the University of Tennessee, Knoxville University of Tennessee Knoxville, making it especially attractive for student housing, faculty rentals, or long-term investment properties catering to a consistently hig ... (Read more) Exceptional in-town development opportunity in one of Knoxville's most desirable and rapidly evolving areas. This 0.74-acre city lot offers outstanding potential for duplex or multi-family residential construction, ideally suited for builders, investors, or developers looking to capitalize on strong rental demand and continued urban growth. Located less than 2 miles from downtown Knoxville and the highly sought-after Market Square, the property sits in a prime infill corridor surrounded by ongoing redevelopment, renovated historic housing, and new residential and mixed-use projects. Residents will enjoy quick access to some of the city's best dining, entertainment, local markets, and cultural attractions, all within minutes of home. The site is also conveniently positioned near the University of Tennessee, Knoxville University of Tennessee Knoxville, making it especially attractive for student housing, faculty rentals, or long-term investment properties catering to a consistently high-demand rental market. Proximity to the university supports strong occupancy potential and stable rental income opportunities year-round. Outdoor recreation and scenic appeal further enhance the location, with the Tennessee River Tennessee River just a short distance away. The riverfront area offers walking and biking paths, greenways, parks, and water access, adding to the quality of life and desirability for future tenants or homeowners seeking a balance between urban convenience and natural surroundings. The 0.74-acre parcel provides ample space for thoughtful site planning and flexible design options, allowing for duplex construction, townhomes, or a small multi-family community (subject to zoning approval). Its size and configuration make it particularly well-suited for maximizing density while still maintaining livability, parking accommodations, and attractive curb appeal. Surrounded by a blend of established neighborhoods and ongoing development activity, this property represents a rare opportunity to secure a well-located tract of land in a tightening urban market. Whether developed for long-term rental income, resale, or a boutique residential project, this site offers strong upside potential in one of East Tennessee's most dynamic real estate corridors. A truly strategic investment opportunity combining location, scale, and flexibility--just minutes from downtown Knoxville, the University of Tennessee, and the Tennessee River.

Listing Details MLS# 1345143

Location Tax Legal Info

House #: 722
Street Name: Leconte
St Suffix: Drive
State/Province: TN
Zip Code: 37915
PIN #: 095GE016
Subdivision: Morningside Addition

Contract Info

Auction Y/N: No
Listing Price: 89500

General Property Description

Lot Dimensions: 283.92 X 150.01 X IRR
Lot Size SqFt: 32191
Acres: 0.74
Acre Source: Tax Records
Restrictions: Yes
Property Status: N/A

Status Change Info

Status Change Date: 2026-06-18

More Information

Property Features

Property Sub-Type: Single Family; Other Topography: Cleared; Partially Cleared Road Access: Public Road Sale Options: Fee Simple; Will Not Divide Improvements: Utilities on Site; None Easements: Other Lot Description: Corner Lot; Irregular Lot; Level Documents on File: None Developmnt Potential: Multi-Family; Single Family Utilities Available: Electricity; Sewer; Water Zoning: Zoned Residential Present Structures: None New Financing: Cash; New Loan Showing Instructions: See Agent Instructns

IDX

Listing Office: Weichert REALTORS Advantage Plus

Last Updated: August - 25 - 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.

Knoxville Real Estate Search

Homes, Lots, and Lake property in Knoxville, TN

722 Leconte Drive, Knoxville, TN 37915 (MLS# 1345143)