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$320,000

1218 W 4Th Ave, Knoxville, TN 37921
Knoxville, TN 37921
Listed by Giang Nguyen · United Real Estate Solutions
Bedrooms
3
Bathrooms
N/A
Living area
N/A
Year built
2022

About this home

Modern 2022-built home offering a prime investment opportunity or the perfect forever home just 1.4 miles from the University of Tennessee. Currently operating as a successful short-term and mid-term rental, the property is zoned C-2 and only requires a Type 2 permit for continued STR use. Its close proximity to UTK, downtown Knoxville, and major attractions makes it highly appealing to visiting faculty, students, and game-day guests, while also providing everyday convenience for long-term residents. The home is fully furnished and move-in ready, offering immediate rental income potential or a seamless transition for a family seeking a modern, centrally located residence. A turnkey property in a rapidly growing area, this home delivers flexibility, comfort, and long-term value.

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1339731
Property type
Single Family Residence
Subdivision
C M Mcghee 2Nd Addition
Status
Active
Days on market
193
On market date
June 17, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.11 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
Emerald Academy
0.34 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
442
Student:teacher ratio
18.4:1
District
Knox County
Middle
Vine Middle/Magnet
1.6 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
447
Student:teacher ratio
10.2:1
District
Knox County
High
L N STEM Academy
0.72 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
574
Student:teacher ratio
15.1:1
District
Knox County

Walkability

Blended score for Knoxville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

89
Highly walkable
out of 100
EPA National Walkability Index
16.2 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores13
Parks16
Schools14
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Knoxville, from live MLS data.

On the market 193 days -- 120 more days than Knoxville's current average of 73 days.
For reference, the median list price across 2,197 active listings in Knoxville right now is $399,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,077/mo
$64,000 down
$256,000 loan
Principal & interest$1,660
Property tax (est.)$267
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated June 17, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.