2550 E 5th Ave, Knoxville, TN 37914

Discover a fantastic investment opportunity or owner-occupant property at 2550 E Fifth Ave in Knoxville. This well-maintained duplex offers two separate units, providing flexibility for rental income, multigenerational living, or house hacking.nIdeally located just minutes from Downtown Knoxville and the University of Tennessee, the property sits directly across the street from the future River & Rail Theatre, a transformative arts and entertainment destination, and is surrounded by several major residential and commercial developments driving investment throughout the rapidly evolving East Knoxville corridor. Positioned in one of Knoxville's fastest-growing emerging neighborhoods, this location offers exceptional long-term appreciation potential while providing convenient access to downtown amenities, restaurants, breweries, parks, and major employers.nThe property has enjoyed consistent full occupancy since its complete renovation in 2020, demonstrating strong rental demand and a proven history of reliable income. Following this successful rental history, one unit has recently become vacant and is available for immediate showings, providing a rare opportunity for an owner-occupant to move in right away or for an investor to lease the unit at today's market rates. The second unit remains occupied, offering immediate rental income from day one.nWhether you're expanding your investment portfolio or looking for a property that helps offset your mortgage, this duplex presents an