2550 E 5th Ave, Knoxville, TN 37914

New Listing
$449,000
Property Type: Single Family Bedrooms: 6 Square Footage: 3,600 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $449,000 List Date: 6/30/2026 Last Modified: 6/30/2026

Overview

Description

Discover a fantastic investment opportunity or owner-occupant property at 2550 E Fifth Ave in Knoxville. This well-maintained duplex offers two separate units, providing flexibility for rental income, multigenerational living, or house hacking. Ideally located just minutes from Downtown Knoxville and the University of Tennessee, the property sits directly across the street from the future River & Rail Theatre, a transformative arts and entertainment destination, and is surrounded by several major residential and commercial developments driving investment throughout the rapidly evolving East Knoxville corridor. Positioned in one of Knoxville's fastest-growing emerging neighborhoods, this location offers exceptional long-term appreciation potential while providing convenient access to downtown amenities, restaurants, breweries, parks, and major employers. The property has enjoyed consistent full occupancy since its complete renovation in 2020, demonstrating strong rental demand and a p ...

Listing Details MLS# 1345926

Location Tax Legal Info

House #
2550
St Dir
E
Street Name
5th
St Suffix
Ave
State/Province
TN
Zip Code
37914
PIN #
082JK016

Contract Info

Auction Y/N
No
Listing Price
449000

General Property Description

Type
2 Story Basement
Acres
0.14
Acre Source
Estimated
Site Built
Yes
Restrictions
No
SqFt - Total (Aprox)
3600
SqFt - Main Lvl
1200
SqFt - Down Lvl
1200
SqFt - 2nd Flr Lvl
1200
# Bedrooms
6
Baths - Full
4
Baths - 1/2
2
# of Rooms
16
Fireplace
Yes
# Fireplace
2
Property Status
N/A
HOA
No
Year Built
1920
Bonus Room
No
SqFt - 3rd Flr Lvl
0
Basement
Yes

Status Change Info

Status Change Date
2026-06-30

Location, Tax & Legal Info

Area
Knox County - 1
Property Sub-Type
Residential
City/County Code
City Limits
Total Tax
4559.04

Remarks & Misc

Directions
Corner of Cherry St and E 5th Ave
Public Remarks
Discover a fantastic investment opportunity or owner-occupant property at 2550 E Fifth Ave in Knoxville. This well-maintained duplex offers two separate units, providing flexibility for rental income, multigenerational living, or house hacking. Ideally located just minutes from Downtown Knoxville and the University of Tennessee, the property sits directly across the street from the future River & Rail Theatre, a transformative arts and entertainment destination, and is surrounded by several major residential and commercial developments driving investment throughout the rapidly evolving East Knoxville corridor. Positioned in one of Knoxville's fastest-growing emerging neighborhoods, this location offers exceptional long-term appreciation potential while providing convenient access to downtown amenities, restaurants, breweries, parks, and major employers. The property has enjoyed consistent full occupancy since its complete renovation in 2020, demonstrating strong rental demand and a proven history of reliable income. Following this successful rental history, one unit has recently become vacant and is available for immediate showings, providing a rare opportunity for an owner-occupant to move in right away or for an investor to lease the unit at today's market rates. The second unit remains occupied, offering immediate rental income from day one. Whether you're expanding your investment portfolio or looking for a property that helps offset your mortgage, this duplex presents an exceptional opportunity in one of Knoxville's most exciting up-and-coming neighborhoods. Priced to sell and ready for its next owner, this is an excellent opportunity to secure an income-producing property at an attractive value. The seller is motivated and welcomes serious offers. Don't miss your chance to invest in one of Knoxville's fastest-growing areas before values continue to rise.

More Information

Fencing

Fenced Yard
Yes

Atchd/Dtchd Type

Detached
Yes

Style

Historic
Yes

Construction

Frame - Brick
Yes

Siding

Brick
Yes

Fireplace

Brick
Yes
Ventless
Yes
Gas
Yes

Cooling

Central Cooling
Yes
Zoned
Yes

Floors

Hardwood
Yes
Tile
Yes

Garage/Parking

Designated Parking
Yes
Off-Street Parking
Yes
On-Street Parking
Yes

Basement

Partially Finished
Yes
Slab
Yes

Lot Description

Corner Lot
Yes

Fuel

Electric
Yes
Gas (Natural)
Yes

Heat

Heat Pump
Yes
Zoned
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Gas Range
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Smoke Detector
Yes
Washer
Yes

Exterior Features

Deck
Yes
Porch - Covered
Yes
Windows - Wood
Yes

Misc Features

Internet Available
Yes
Kitchen Island
Yes
Walk-in Shower
Yes
Washer/Dryer Connect
Yes
Wired for Internet
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

New Financing

Call Listing Agent
Yes
Cash
Yes
Conventional
Yes
Exchange
Yes
FHA
Yes
New Loan
Yes
THDA
Yes
VA Loan
Yes
Other
Yes

Property Features

Style: Historic Construction: Frame - Brick Siding: Brick Basement: Partially Finished; Slab Lot Description: Corner Lot Fireplace: Brick; Ventless; Gas Floors: Hardwood; Tile Fuel: Electric; Gas (Natural) Heat: Heat Pump; Zoned Cooling: Central Cooling; Zoned Appliances: Dishwasher; Dryer; Gas Range; Microwave; Range; Refrigerator; Smoke Detector; Washer Sewer: Public Sewer Water: Public Misc Features: Internet Available; Kitchen Island; Walk-in Shower; Washer/Dryer Connect; Wired for Internet Exterior Features: Deck; Porch - Covered; Windows - Wood Fencing: Fenced Yard New Financing: Call Listing Agent; Cash; Conventional; Exchange; FHA; New Loan; THDA; VA Loan; Other
IDX
Listing Office: United Real Estate Solutions
Last Updated: June - 30 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 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 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.