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$89,900   Price Analysis
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2740 Nichols Ave
Knoxville, TN 37917
2 bed 1 bath 778 SqFt ($115/SqFt)
7,841SqFt lot. Built 1920
Listed 2024-07-29, Taxes $606
Ⓧ USDA Ineligible
due to location

near Knoxville

EAST KNOXVILLE INVESTMENT OPPORTUNI TY With 2 bedrooms

* No Longer For Sale *
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1 bathroom and two bonus rooms upstairs, this home presents a compelling prospect for astute investors. In need of restoration, this property comes at a competitive price, offering a solid foundation for a savvy investor to add value and maximize returns. Situated off I-40, it provides easy access to key areas, making it an attractiv option for potential renters or future resale.

This neighborhood is undergoing development and rehabilitation, signaling possible positive growth potential for this investment. This property isn't another tight deal; it's a canvas of potential, awaiting the skilled hand of a visionary. Seize this chance to leverage a promising location and unlock hidden value. Home is sold 'as-is'.


Presented by Luke J. Rivers at
Real Broker.
Listing Agent Photo

Property MLS #1244235 from EastTennessee

Bedrooms: 2

Total Rooms: 5
Basement Features: Crawl Space
Basement Description: Crawl Space
Extra Room-1 Description: Yes

Total Bathrooms: 1
Full Bathrooms: 1

Cooling Features: Central Cooling
Heating Features: Central, Electric
Heating: Yes

Flooring: Carpet, Vinyl, Tile

Fence - Chain

Carport Spaces: 1
Parking Features: Off-Street Parking

Lot Description: Corner Lot
Lot Size Acres: 0.18
Lot Size Dimensions: 113' x 103' x 115' x 103'
Lot Size Source: Tax Records
Lot Size Square Feet: 7841

Association: No
Calculated Total Monthly Association Fees: 0

High School: Austin East/Magnet
Middle School: Vine/Magnet

Austin East High/Magnet is a public high school located approximately 0.5 miles away.
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Vine Middle/Magnet is a public middle school located approximately 1.3 miles away.
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Sarah Moore Greene Elementary/Magnet is a public elementary school located approximately 1.4 miles away.
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Knoxville Baptist Christian is a private elementary, middle and high school located approximately 0.5 miles away.
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Annual Tax Amount: 607.45
Source Listing Status: Closed
County: Knox County - 1
Directions: From Downtown Knoxville, get on I-40 E. Follow I-40 E, then take exit 390 from I-40 E onto Cherry St. Continue for 0.2 miles, then turn left onto Washington Ave., then turn left at the 1st cross street onto N Harrison St. Turn left onto Nichols Ave. The property will be the first house on the corner lot on your left.
Disclaimer: No
Source Property Type: Single Family
Area: Knox County - 1
MLS Area Minor: Knox County - 1
Source Neighborhood: Bertha C Raby
Parcel Number: 082GD011
Subdivision: Bertha C Raby
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$16,375
$606
2021$unknown + $unknown
$6,275
$287
2020$unknown + $unknown
$6,275
$287
2019$unknown + $unknown
$6,275
$287
2018$unknown + $unknown
$6,275
$287
2017$unknown + $unknown
$6,275
$287
2016$unknown + $unknown
$5,625
$284
2015$unknown + $unknown
$5,625
$284
2014$unknown + $unknown
$5,625
$283
2013$unknown + $unknown
$5,625
$264
2012$unknown + $unknown
$6,475
$153
2011$unknown + $unknown
$6,475
$153
2010$unknown + $unknown
$6,475
$153
2009$unknown + $unknown
$6,475
$153
2008$unknown + $unknown
$5,375
$145
2007$unknown + $unknown
$5,375
$145

Listing removed 2024-07-24
$0
EastTennessee
Price Changed 2024-07-22
$324,900
EastTennessee
Price Changed 2024-07-09
$329,900
EastTennessee
Price Changed 2024-06-19
$339,900
EastTennessee
Listed 2024-04-26
$349,900
EastTennessee
Sold 2023-11-14
$110,000
EastTennessee
Sold 2023-06-20
$92,000
GreatSmokyMtns
Listed 2023-06-04
$99,900
EastTennessee

Total Square Feet Living: 778
Year Built: 1920
Building Area Total: 778
Building Exterior Type: Frame
Construction Materials: Frame
Living Area Source: Tax Records
Property Age: 104
Total Area Sqft: 778

Sewer: Public Sewer
Water Source: Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.