For Sale
Multi family home for sale at 4239 Lilac Ave, Knoxville, TN 37914 | MLS# 1347503 | Listing updated on 2026-10-15
Photo 1 of Multi family home for sale at 4239 Lilac Ave, Knoxville, TN 37914 | MLS# 1347503 | Listing updated on 2026-10-15
Photo 2 of Multi family home for sale at 4239 Lilac Ave, Knoxville, TN 37914 | MLS# 1347503 | Listing updated on 2026-10-15
Photo 3 of Multi family home for sale at 4239 Lilac Ave, Knoxville, TN 37914 | MLS# 1347503 | Listing updated on 2026-10-15
Photo 4 of Multi family home for sale at 4239 Lilac Ave, Knoxville, TN 37914 | MLS# 1347503 | Listing updated on 2026-10-15
16+
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Street View

$199,900

Monthly Est:$995

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon1,190sqft

4239 Lilac Ave, Knoxville, TN 37914

$995/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 2026

  • $-- HOA

  • -- sqft lot

  • $168/sq.ft

Description

Investor Opportunity - Finish, Rent, and Start Building Wealth!

Unlock the potential of this nearly completed duplex and bring your investment vision to life! This income-producing property offers two 2-bedroom units, making it an excellent opportunity for investors looking to generate rental income or expand their real estate portfolio.

The heavy lifting has already been done--plans are in place, and much of the hard work has been completed. Now it's your chance to step in, add the finishing touches, and reap the rewards. Whether you're looking for long-term rental income, a house-hacking opportunity, or a valuable addition to your investment portfolio, this proper
ty offers exceptional potential.

With strong demand for quality rental housing, this duplex is positioned to become a cash-flowing asset once completed. Don't miss the opportunity to customize the final finishes while adding instant value.

Highlights:

Duplex with two 2-bedroom units
Excellent income-producing potential
Major groundwork and planning already completed
Finish to your specifications
Ideal for investors, builders, or contractors
Opportunity to build equity and generate long-term cash flow
Priced to sell--don't miss this outstanding investment opportunity!

Opportunities like this don't come along often. Schedule your showing today and take the next step toward owning a property with tremendous income potential!

  • Houzeo last checked: 1 minute ago
  • Listing updated: October 15, 2026 at 4:11 pm
  • Listing Provided by: Nikitia Thompson | Realty Executives-Nikitia Thompson Realty
  • Source: East Tennessee REALTORS® MLS-TN | MLS#: 1347503 East Tennessee REALTORS® MLS-TN

Part of

Building
4239 Lilac Ave
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Knox County 1

  • City

    Knoxville

  • Neighborhood

    --

  • Year Built

    2026

  • HOA Fees

    -

  • Finished Area

    1,190 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    East Tennessee REALTORS® MLS

  • MLS Number

    1347503

  • MLS Status

    Active

  • Days on Market

    87

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Exterior Features

    Windows Vinyl

  • Heating

    Central, Electric

  • Flooring

    Other

  • Cooling

    Central Cooling

Construction

  • Year Built

    Year Built: 2026

  • Home type

    Multi Family

  • Roof

    Shingle

  • Construction Materials

    Frame

  • Property Condition

    Under Construction

Utilities & Energy

  • Parking Features

    Garage Faces Rear, Off Street Parking

Other Features

  • Patio And Porch Features

    Porch Covered

Price History

DateEventPrice

10/15/2026

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1347503

Price Decreased

$199,900 -11.16%

$168/sqft

08/31/2026

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1347503

Price Decreased

$225,000 -9.96%

$189/sqft

07/22/2026

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1347503

Listed for Sale

$249,900

$210/sqft

Nearby Homes

Based on information from the Knoxville Area Association of REALTORS MLS through Oct 18, 2026, 04:45AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Knoxville Area Association of REALTORS® MLS. All Rights Reserved.

Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com
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Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.