1243 Iredell Ave, Knoxville, TN 37921
(MLS # 1335200)
Twitter
Facebook
Email
|
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.
| LAST UPDATED | 4/2/2026 | TRACT | Doll Mynderse & Brownlees 2nd Add |
|---|---|---|---|
| YEAR BUILT | 1930 | COMMUNITY | Knox County - 1 |
| COUNTY | Knox County - 1 | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Maynard |
|---|---|
| Jr. High School | Bearden |
| High School | Fulton |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Range, Refrigerator |
| AREA | Knox County - 1 |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Block, Vinyl Siding |
| HEAT | Central, Electric |
| LOT | 0.27 acre(s) |
| LOT DESCRIPTION | Other, Rolling Slope |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STYLE | Other |
| SUBDIVISION | Doll Mynderse & Brownlees 2nd Add |
| TAXES | 651.97 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Sellers
Realty to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Real Broker
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.
This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated weekly, 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.
This IDX solution is (c) Diverse Solutions 2026.