4205, 4207 & 4209 Coster Road – Knoxville, TN 37912

ONLINE ONLY REAL ESTATE AUCTION

3 Handyman Special Homes in North Knoxville

EXCEPTIONAL INVESTMENT OPPORTUNITY – THREE HANDYMAN SPECIALS

OUTSTANDING BUYING OPPORTUNITY IN NORTH KNOXVILLE

Discover this remarkable opportunity featuring three handyman special homes in North Knoxville (sold separately) —an exceptional opportunity for investors, contractors, or ambitious homeowners looking to build wealth through real estate renovation. Each property offers unique potential.

IMPORTANT: Interested buyers should consult with the City of Knoxville regarding specific requirements and permits needed to complete each home.

INVESTMENT ADVANTAGES

• Multiple revenue streams – renovate for resale, rental income, or personal use
• North Knoxville location – established neighborhood with growth potential
• Variety of project scopes – from light updates to complete renovation
• Bulk purchase opportunity – maximize your investment dollar
• Diverse property types – spread risk across different renovation levels

Perfect for: Real estate investors, house flippers, contractors, or anyone looking to build equity through sweat equity. Whether you tackle one property at a time or all three simultaneously, this package offers exceptional flexibility and profit potential.

Don’t miss this rare opportunity to acquire three properties with tremendous upside potential in North Knoxville!

4209 COSTER ROAD – SPACIOUS FAMILY RESIDENCE WITH BONUS POTENTIAL

MAIN LEVEL FEATURES:

• Comfortable living room
• Master bedroom suite with adjoining private bathroom
• Two additional guest bedrooms
• Large mudroom/laundry room combination with full bathroom
• Kitchen ready for your design vision
• Family room featuring large windows for excellent natural light

ADDITIONAL FEATURES:

• Upstairs bonus room with full bathroom (note: lower ceiling height)
• Welcoming covered front porch
• Vinyl siding exterior
• Vintage storage barn on property

This property offers the most square footage and room variety, making it ideal for a large family home or potential multi-generational living arrangement. The tax records show the main level square footage as 1,836 SF. Buyer to verify all information.

PLEASE NOTE: Currently both 4209 and 4207 Coster Road are on the same tax parcel. Per M&M Title, the properties were combined for tax purposes and to have one tax parcel. There is a survey recorded with Knox County that can be seen attached in the important information section. At closing, the property will be divided based on said survey.

Portion of Current Knox County Parcel / Tax ID:

069PD010

Lot Size:

80 x 200 | 0.36 +/- acre

Year Built:

1925

4207 COSTER ROAD – RENTAL READY WITH IMMEDIATE POTENTIAL

CURRENT STATUS: Currently rented on month-to-month basis; tenant vacating mid-July

PROPERTY FEATURES:

• Two comfortable bedrooms
• One full bathroom
• Living room
• Kitchen
• Convenient laundry area
• Two detached storage buildings for additional storage or workshop space

This property has demonstrated rental income potential and could provide immediate cash flow with minimal improvements, or serve as an excellent starter home renovation project. The tax records show the square footage for this home as 652 SF. Buyer to verify all information.

PLEASE NOTE: Currently both 4209 and 4207 Coster Road are on the same tax parcel. Per M&M Title, the properties were combined for tax purposes and to have one tax parcel. There is a survey recorded with Knox County that can be seen attached in the important information section. At closing, the property will be divided based on said survey.

Portion of Current Knox County Parcel / Tax ID:

069PD010

Lot Size:

75 x 200 | 0.34 +/- acre

Year Built:

1925

4205 COSTER ROAD – BLANK CANVAS AWAITING YOUR VISION

CURRENT STATUS: Shell structure ready for complete customization

PLANNED LAYOUT:

• Three bedrooms (currently framed)
• One bathroom
• Living room
• Kitchen
• Laundry area

This property offers the ultimate opportunity to create your dream home from the ground up. The framing is complete, providing a solid foundation for your custom finishes and design choices. The tax records show the square footage for this home as 902 SF. Buyer to verify all information.

Knox County Parcel / Tax ID:

069PD011

Lot Size:

50 x 200 | 0.23 +/- acre

Year Built:

1950

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.

M & M Title 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 August 18th, 2025.

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!