FRONT - 4239 Lilac Ave, Knoxville, TN 37914
FRONT - 4239 Lilac Ave, Knoxville, TN 37914
FRONT - 4239 Lilac Ave, Knoxville, TN 37914
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BACK - 4239 Lilac Ave, Knoxville, TN 37914
BACK - 4239 Lilac Ave, Knoxville, TN 37914
20 photos

$199,900

4239 Lilac Ave, Knoxville, TN 37914
Knoxville, TN 37914
Listed by Nikitia Thompson · Realty Executives-Nikitia Thompson Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2026

About this home

Investor Opportunity - Finish, Rent, and Start Building Wealth! Unlock the potential of this nearly completed duplex and bring your investment vision to life! This income-producing property offers two 2-bedroom units, making it an excellent opportunity for investors looking to generate rental income or expand their real estate portfolio. The heavy lifting has already been done--plans are in place, and much of the hard work has been completed. Now it's your chance to step in, add the finishing touches, and reap the rewards. Whether you're looking for long-term rental income, a house-hacking opportunity, or a valuable addition to your investment portfolio, this property offers exceptional potential. With strong demand for quality rental housing, this duplex is positioned to become a cash-flowing asset once completed. Don't miss the opportunity to customize the final finishes while adding instant value. Highlights: Duplex with two 2-bedroom units Excellent income-producing potential Major groundwork and planning already completed Finish to your specifications Ideal for investors, builders, or contractors Opportunity to build equity and generate long-term cash flow Priced to sell--don't miss this outstanding investment opportunity! Opportunities like this don't come along often. Schedule your showing today and take the next step toward owning a property with tremendous income potential!

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1347503
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
86
On market date
July 22, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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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.

Elementary
Chilhowee Intermediate
0.9 mi away · Grades 3-5
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
194
Student:teacher ratio
16.2:1
District
Knox County
Middle
Holston Middle School
1.29 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
493
Student:teacher ratio
12.3:1
District
Knox County
High
Austin East High/Magnet
1.46 mi away · Grades 9-12
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
656
Student:teacher ratio
10.1:1
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).

72
Walkable
out of 100
EPA National Walkability Index
11.2 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes13
Grocery stores4
Parks2
Schools3
Transit stops20
Pharmacies5

Market position

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

On the market 86 days -- 13 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.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$1,354/mo
$39,980 down
$159,920 loan
Principal & interest$1,037
Property tax (est.)$167
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 14 days ago.

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.