Investor Opportunity in South Knoxville - Basement Ranch with Rental Income
This 2-bedroom, 1-bath basement ranch offers great potential in the heart of South Knoxville. Currently tenant-occupied, the home provides immediate rental income. The partially finished basement adds additional usable space with the opportunity to expand further. With convenient access to downtown, Ijams Nature Center, and Knoxville's urban wilderness, this property is ideal for investors or buyers seeking a project.
Being sold as-is, where-is. Seller will make no repairs.
Whether you're looking to expand your portfolio or create your next renovation project, this home is full of promise in a growing area.
For sale
Price cut: $5K (8/4)
$94,900
5510 Neubert Springs Rd, Knoxville, TN 37920
2beds
1,000sqft
Est.:
Single Family Residence
Built in 1946
10,018.8 Square Feet Lot
$-- Zestimate®
$95/sqft
$-- HOA
What's special
Partially finished basementBasement ranchUsable space
- 47 days
- on Zillow |
- 2,285 |
- 89 |
Zillow last checked: 7 hours ago
Listing updated: August 18, 2025 at 05:02pm
Listed by:
Tara Hayes 865-242-8010,
Realty Executives Associates 865-588-3232
Source: East Tennessee Realtors,MLS#: 1307837

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bonus Room
Heating
- Other, Electric
Cooling
- Other, Window Unit(s)
Appliances
- Included: Other
Features
- Bonus Room
- Flooring: Other
- Basement: Walk-Out Access,Partially Finished
- Number of fireplaces: 1
- Fireplace features: Other
Interior area
- Total structure area: 1,000
- Total interior livable area: 1,000 sqft
Property
Parking
- Parking features: Off Street, Main Level, Other
Features
- Has view: Yes
- View description: Other, Country Setting, City
Lot
- Size: 10,018.8 Square Feet
- Features: Other, Private, Irregular Lot
Details
- Parcel number: 123OB031
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Other, Wood Siding, Brick
Condition
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: John H Lewis Pt Tr 6
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $95/sqft
- Tax assessed value: $58,600
- Annual tax amount: $228
- Date on market: 8/19/2025
- Listing terms: New Loan,Cash,Conventional
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