5012 Obarr Rd, Knoxville, TN 37914

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List Price
$445,000
MLS#
1359589
Status
ACTIVE
Type
Single Family Residential
City
Knoxville
County
Knox
Living Area
1,872
Year Built
1960

Property Description

🏡 Investment Opportunity! Income-Producing Duplex with Two Established Rental Units Looking for an investment property with built-in rental income? This duplex offers an excellent opportunity to add to your portfolio or live in one unit while generating income from the other! Featuring over 1,800 square feet, the property offers two separate units, each with 2 bedrooms and 1 full bathroom. The upstairs unit rents for $1,425 per month, while the downstairs unit rents for $1,475 per month, providing a combined rental income of $2,900 per month, or $34,800 annually. Both units convey with all appliances, including washers and dryers, making this property a convenient option for investors. Additional features include a chain-link fenced yard and a deck for outdoor enjoyment. Whether you're an experienced investor or looking to get started in real estate investing, this income-producing duplex is worth a look!

Additional Information

Appliances
Refrigerator, Range, Dishwasher, Microwave, Washer, Dryer
Construction
Frame
Cooling
Central Air
Floors
Carpet, Laminate, Vinyl
Garage
On Premise Parking
Living Area
1,872
Lot Dimensions
100x150
Year Built
1960
Heating
Central, Electric
Num Of Units
2

Automated home estimates are a starting point, not a final answer. National websites do not know if your roof is five years old or twenty-five. They do not understand the value of a good piece of land in East Tennessee. At Real Estate Concepts, we combine instant data with actual local expertise to give you a valuation you can trust.

How It Works

Step 1: Tell us your address. Fill in the form — name, phone, email, and your property address.

Step 2: A local expert personally checks it. The number you see right away is your first-look value from a computer. Then one of our local East Tennessee experts personally checks it against real sold homes near you — the comps an algorithm can't weigh, like condition, updates, and your street. That personal check is the CMA.

Step 3: We talk through the real number. We'll walk you through what your home would actually sell for and what we'd do to get it — no obligation, and if the timing's wrong, we'll say so.

Frequently Asked Questions

Q: How is this different from a standard online estimate?
A: Speed and accuracy. You get immediate data from our system, backed up by a manual review from a local expert who knows the area roads and market trends.

Q: Is there a fee for this service?
A: No. We provide free valuations as a service to our East Tennessee community. There is no obligation to list with us.

Q: What areas do you cover?
A: Our agents live and work across East Tennessee, covering Morgan, Roane, Anderson, Scott, Claiborne, and Grainger counties and beyond.

Q: Do you have to visit my property in person?
A: Not for the initial valuation. We can run the numbers based on public records and recent local sales. In-person visits are available if you want a highly precise listing price.

Real Estate Concepts | Office: (423) 346-5800 — Or reach David Millard directly: Call or text (865) 951-9578

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Calculator source: Real Geeks

Listing courtesy of Wingman Realty.

Agent: William C. Prichard |

Office: Wingman Realty |