This beautifully renovated duplex offers incredible potential and is ideally located for both long-term and short-term rental opportunities! Currently operating as a successful Airbnb with over 600 reviews and an amazing rental history with $76,475 in gross income in 2024 and $76,723 in 2023! Occupancy rate for the last 365 days is 87.7%!!! 8.3% higher than the rest of Knoxville. This property is a must-see for investors or those looking for a prime real estate opportunity.
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, and with the amazing rental history, it's clear that this property is in demand. 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!
Pending
$399,900
5021 Schubert Rd, Knoxville, TN 37912
4beds
2baths
1,908sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$210/sqft
$-- HOA
What's special
Front porchOpen floor plansRenovated bathroomsAmple closet space
- 15 days
- on Zillow |
- 484 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: April 13, 2025 at 11:57am
Listed by:
Corey Belden 865-255-3994,
Realty Executives Associates 865-588-3232
Source: East Tennessee Realtors,MLS#: 1296891

Travel times
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 & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Fred R Wallace Add
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $161,600
- Annual tax amount: $1,005
- Date on market: 4/11/2025
- Listing terms: VA Loan,FHA,Cash,Conventional
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