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$399,900

Listing Price

4beds

2baths

1,344sqft

26,136sqft lot

2506 Legion Dr, Knoxville, TN 37920

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1950

Year built

Home Details

Incredible multi-family investment opportunity in South Knoxville! This rare find is perfect for both first-time investors and seasoned real estate professionals looking to expand their portfolio. Priced to sell, this converted three-unit property is a unique find in today's market. The units are currently occupied by long-term tenants who would love to stay. Each unit is equipped with essential appliances, including stoves, refrigerators, and combo heat/air units (PTACs). Pictured is the renovated 1 bedroom/1 bathroom. The two-bedroom units offer washer/dryer connections conveniently located on the rear porch. The seller covers water, as the property is on septic, while tenants are responsible for electric. Septic lines were completely replaced in 2023. There is an easement in place for the shared driveway with the neighboring property at 2512 Legion. Don't miss out on this incredible investment opportunity to cash flow immediately! Contact the listing agent directly to schedule your showing today.

Interior Details

Square Feet
  • 1344

Bedrooms
  • 4

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 26136

Water
  • Yes

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Siding (not Specified)

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$654

$0

$0

--%

$30,840

2019

$654

$0

$0

--%

$30,840

2018

$654

$0

$0

--%

$30,840

2017

$654

$0

$0

--%

$30,840

2016

$654

$0

$0

--%

$28,200

2014

$654

$0

$0

--%

$28,200

2013

$654

$0

$0

--%

$28,200

2012

$674

$0

$0

--%

$28,560

percent-home-icon

Average Home Price in 37920

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$399,900

4 Beds

2 Baths

1,344 Sqft

26,136 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
399,900
$
Down payment
79,980
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,399.4
$
HOA (Monthly)
0
$
PMI
0
$
$2,589
Your Payment
Total Monthly Payment:$2,589
Percent of Income:44%
Affordable:No

Details for 2506 LEGION DR

Property Debt

Foreclosure Contact Details