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Sold for $389,900 on 06/30/25
  • $389,900

    5021 Schubert Rd, Knoxville, TN 37912

    4beds
    2baths
    1,908sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $391,300 Zestimate®
    $204/sqft
    $1,410 Estimated rent

    What's special

    This beautifully renovated duplex offers incredible potential and is ideally located for many different rental opportunities. This property is a must-see for investors or those looking for a prime real estate opportunity. Property qualifies for Type 1 Short Term Rental Permit through the City of Knoxville if the other unit is owner occupied! Property has been an extremely successful Airbnb with almost 500 reviews and 42k of gross rental income in 2024 for one unit alone!!! One unit could cover your entire mortgage and more... The property features two units: A spacious 3-bedroom, 1-bathroom unit A charming 1-bedroom, 1-bathroom unit Seller is selling fully furnished! ******Easy potential for Tri-plex!! Unfinished unit on the end ready to be converted into a studio unit, adding even more value to this already fantastic property***** Both units offer open floor plans, ensuring a bright, airy, and inviting atmosphere. The spacious living rooms and bedrooms provide ample space, while the renovated bathrooms offer modern finishes. The front porch is truly one of a kind, perfect for relaxing or enjoying the great outdoors. Both units have separate entrances, adding privacy and convenience. With ample closet space in each unit, storage is never an issue. This all one-level duplex offers a low-maintenance lifestyle. Whether you're looking for an investment or a multi-generational living space, this property in an ideal location is sure to impress! Don't miss out on this incredible opportunity!

    Zillow last checked: 7 hours ago

    Listing updated: July 01, 2025 at 06:55am

    Listed by:

    Corey Belden 865-255-3994,

    Realty Executives Associates

    Bought with:

    Annie Perry, 372503

    Knoxville Real Estate Professionals, Inc.

    Source: East Tennessee Realtors,MLS#: 1296891MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Central, Natural Gas, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Kitchen Island, Pantry
    • Flooring: Carpet, Vinyl, Tile
    • Windows: ENERGY STAR Qualified Windows
    Interior area
    • Total structure area: 1,908
    • Total interior livable area: 1,908 sqft

    Property

    Parking
    • Parking features: Off Street
    Lot
    • Dimensions: 257 x 261 x IRR
    Details
    • Parcel number: 068NE034

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Cedar, Block, Frame
    Condition
    • Year built: 1950

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Knoxville
    • Subdivision: Fred R Wallace Add

    Other

    Other facts
    • Listing terms: VA Loan,FHA,Cash,Conventional
    Services availability