2506 Legion Drive

Knoxville, TN 37920

About this property

Incredible multi-family investment opportunity in South Knoxville! This rare find is perfect for both first-time investors and seasoned real estate professionals looking to expand their portfolio. Priced to sell, this converted three-unit property is a unique find in today's market. The units are currently occupied by long-term tenants who would love to stay. Each unit is equipped with essential appliances, including stoves, refrigerators, and combo heat/air units (PTACs). Pictured is the renovated 1 bedroom/1 bathroom. The two-bedroom units offer washer/dryer connections conveniently located on the rear porch. The seller covers water, as the property is on septic, while tenants are responsible for electric. Septic lines were completely replaced in 2023. There is an easement in place for the shared driveway with the neighboring property at 2512 Legion. Don't miss out on this incredible investment opportunity to cash flow immediately! Contact the listing agent directly to schedule your showing today.

About this property

Incredible multi-family investment opportunity in South Knoxville! This rare find is perfect for both first-time investors and seasoned real estate professionals looking to expand their portfolio. Priced to sell, this converted three-unit property is a unique find in today's market. The units are currently occupied by long-term tenants who would love to stay. Each unit is equipped with essential appliances, including stoves, refrigerators, and combo heat/air units (PTACs). Pictured is the renovated 1 bedroom/1 bathroom. The two-bedroom units offer washer/dryer connections conveniently located on the rear porch. The seller covers water, as the property is on septic, while tenants are responsible for electric. Septic lines were completely replaced in 2023. There is an easement in place for the shared driveway with the neighboring property at 2512 Legion. Don't miss out on this incredible investment opportunity to cash flow immediately! Contact the listing agent directly to schedule your showing today.

Features and Additional Information

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$399,900 Active
1,800 SQFT

Presented By Heritage Realty Knoxville

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1-865-693-3232
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Area Information

Knox County 1 | Knox County 1 County |

$ 399,900
This listing is play_arrow 9.6% higher than the average in the area
$ 365,000 in the area
1,800 SqFt
This listing is play_arrow 6.0% smaller than the average in the area
1,914 SqFt in the area
$ 222 $/SqFt
This listing is play_arrow 16.1% more than the average in the area
$ 191 $/SqFt in the area
33 days on site
This listing is play_arrow 19.5% below the average in the area
41 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Samuel Anderson
Brokerage: Realty Executives Associates

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