3 Knoxville Investment Homes

ONLINE ONLY REAL ESTATE AUCTION

2808 E Fifth Avenue – Knoxville, TN 37914

Duplex with approx. 1456 SF

Excellent Opportunity for a first-time investor or for an owner to occupy one side and rent the other

Detached 2-car carport with storage room

Property has 2 water meters and electric meters to allow tenants to pay their utilities

UNIT 1 – 1 bedroom & 1 bathroom with living room, dining room, kitchen and bathroom

Currently vacant

Unit has central HVAC (electric heat pump)

UNIT 2 – 2 bedrooms & 1 bathroom with living room, dining room, kitchen and bathroom

Currently rented month-to-month for $1,150 per month through KCDC (Rent will increase to $1,320 per month beginning 2/1/26 through KCDC)

Unit has window air units and wall heaters

Knox County Parcel/Tax ID:
082FR004

Yearly Property Taxes:
$1,097.12 – Total Yearly Taxes | $637.52 – City of Knoxville and $459.60 – Knox County

Year Built:
1950

Lot Size:
50 x 145 | 0.166 +/- acre

224 Hidell Road – Knoxville, TN 37914

Approx. 1518 SF Home with 2 Bedrooms & 1 Bathroom

Sunroom

Washer & Dryer hookups

Currently rented month-to-month for $1,000 per month

PLEASE NOTE: The interior pictures shown were taken prior to the current tenant moving into the home.

Knox County Parcel/Tax ID:
071IF019

Yearly Property Taxes:
$868.05 – Total Yearly Taxes | $504.41 – City of Knoxville and $363.64 – Knox County

Year Built:
1930

Lot Size:
110.11 x 300 | 0.746 +/- acre

5209 Strawberry Plains Pike – Knoxville, TN 37914

Approx. 872 SF Home

Home is in rough condition and in need of a complete renovation

Property was purchased in a tax sale in 2023 – title insurance is available through Paramount Title Services with an Extra Hazard Premium of $750.00

Knox County Parcel/Tax ID:
083NC013

Yearly Property Taxes:
$201.63 – Knox County only

Year Built:
1930

Lot Size:
225m x 210 IRR | 0.22 +/- acre

Real Estate Terms:
Powell Auction will email winning bidder your contract. The successful high bidder on this property will be required to sign the Real Estate Sales Contract, Terms & Conditions and any other documents needed, upon conclusion of the bidding and will make an earnest money deposit of ten percent (10%) of the sales price. A ten percent (10%) buyer’s premium will be added to the high bid to establish the total sales price. US currency cash or approved check. The balance is to be paid in full at the deed closing. By bidding you are entering into a binding agreement.

Paramount Title Services will be conducting the closing. Current taxes, will be prorated at the date of closing, unless otherwise specified. Seller to provide deed. Buyer is responsible for title opinion, title insurance & recording fees. Buyer is responsible for HOA requirements, transfer fees, membership fees, if applicable. Title company closing cost to be split between buyer & seller. Buyer is to obtain his/her own financing. Closing to occur on or before February 9th, 2026.

The contract will not be contingent upon financing, inspections or any other contingencies.

Powell Auction & Realty LLC and its auctioneer(s) and employee(s) are representing the seller(s) as the sellers Agent(s).
All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed, implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All measurements, square footage & age are approximate and not guaranteed. Seller and or Agent makes no warranty as to accuracy of information. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. Tennessee Residential Property Exemption and Lead-Based Paint Waiver will be part of the sales contract. Any remaining personal property will convey at closing. **Powell Auction reserves the right to withdraw, without notice, any items in the auction at any time.**

Thank you for participating in this Powell Auction & Realty LLC Online Auction.
It is important that you familiarize yourself with these terms & conditions of Sale. If you do not agree with any of the terms and conditions stated, DO NOT BID. You will be bound by these terms and conditions. Good luck and good bidding. Agent/Auctioneer may withdraw, extend, or rearrange any property and or item(s) at their sole discretion at any time, without notice and will not be liable for any computer, internet or website malfunctions. Bidding may extend, if bids are placed within the last minute, to prevent bid sniping. Powell Auction & Realty LLC will have up to 7 DAYS to provide the Buyer with any documents to be signed, after the auction has ended. Payment must be made within 48 Hrs after being contacted by Powell Auction & Realty LLC. All properties are sold “AS IS, WHERE IS and WITH ALL FAULTS”, without any warranties expressed or implied or guarantees of any kind. Agent represents the seller only and does not inspect properties on bidder’s behalf. All information is deemed reliable, but not guaranteed, buyer to verify ALL information, to their satisfaction before bidding. We do not approve any international bidding. It is up to the auctioneer to approve or disapprove bidders.

New Bidders, please Pre-Register, we will have to approve you to Bid!