4005 Ivy Ave, Knoxville, TN 37914

3 beds |
2 baths |
1,058 sqft

Single-Family Home
Built in 1990
7,841sqft lot
—— car garage
$118/sqft
Listed 3 days ago

Property Description

Excellent investment opportunity with strong returns. Currently rented for $1,550 per month, this home delivers a 1.24% rent-to-price ratio, outperforming the traditional 1% rule. The property has passed government inspection and is in solid rental condition with only minor updates needed. Major systems are in good shape with the HVAC and roof approximately 5-8 years old. With an ARV estimated over $200,000, there is strong equity and upside potential. The photos have been virtually staged to show possibilities. Priced for a quick sale and best suited for cash buyers, this is a great addition to any rental portfolio.

Listing Status:: Active
Date Added:: August 28, 2025 at 05:00AM
Listing Office:: Homecoin.com : 888-400-2513
MLS ID:: 1313560

General: Eat-in KitchenWalk-In Closet(s)Cathedral Ceiling(s)
Appliances: Self Cleaning OvenGas Cooktop
Basement: Crawl Space
Flooring: Vinyl
A/C: Central Air
Heating: Central
Fireplace: Fireplaces: 0

This listing courtesy of Homecoin.com

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Chilhowee Intermediate School

5005 Asheville Hwy, Knoxville, TN, 37914

Grades 3-5

1.16 miles away

Holston Middle School

600 N Chilhowee Dr, Knoxville, TN, 37924

Grades 6-8

1.48 miles away

Austin-East Magnet High School

2800 Martin Luther King Jr Ave, Knoxville, TN, 37914

Grades 9-12

1.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.