5808 Fountain Rd Knoxville, TN 37918

This exceptional investment opportunity presents a well-maintained duplex located at 5808 Fountain Rd, Knoxville, Tennessee, in the desirable Fountain City neighborhood. The property, built in 1960, consists of one building encompassing two units, each featuring two bedrooms and one bathroom. With a total square footage of 2,240, the property sits on a 0.344-acre lot, providing ample space and off-street parking. Currently boasting 100% occupancy, this Class C multifamily property offers a compelling cap rate of 5.60% and a price per square foot of $158.48. The asking price is $355,000, translating to $177,500 per unit. Its prime location near parks, schools, and local amenities ensures strong rental demand, promising consistent rental income and long-term appreciation. This duplex represents a solid investment opportunity in a thriving Knoxville neighborhood. The property's excellent condition and high occupancy rate make it an attractive option for investors seeking stable returns. The generous lot size offers potential for future expansion or improvements. This is a turnkey investment ready for immediate income generation.