Listed by Kenny Phillips of Powell Auction & Realty,LLC
ONLINE ONLY REAL ESTATE AUCTION | South Knoxville Investment Property with Long-Term Tenants in Place BIDDING BEGINS TO CLOSE: Wednesday, May 13th at 12:00PM - Noon (ET) | OPEN HOUSE: Monday, May 11th from 1:00PM -2:00PM (ET) This South Knoxville investment home presents a straightforward and attractive opportunity for investors seeking immediate rental income with long-term tenants already in place or to buy as an opportunity to flip. This home is currently rented at $750 per month on a month-to-month basis, the existing tenants have expressed a desire to remain in the home and are open to negotiating a lease with a new owner -- making for a seamless transition from day one. The property features a comfortable and functional layout including: Living room, Eat-in kitchen, Three bedrooms, Full bathroom and Laundry room. Conveniently situated in South Knoxville, the property offers quick and easy access to: James White Parkway, Chapman Highway, Downtown Knoxville, University of Tennessee, and Urban Wilderness Gateway Park. Whether you're an experienced investor looking to expand your portfolio or a first-time buyer seeking an income-producing property, this South Knoxville home delivers immediate cash flow, a desirable location, and the added benefit of tenants who are motivated to stay. Opportunities like this -- with long-term tenants in place and a convenient location close to major Knoxville destinations and outdoor recreation -- are always in demand and rarely last long. Buyer to verify all information. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709

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Property Details of 1840 Buford Street

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Based on information submitted to East Tennessee Realtors as of June 4, 2026 4:26 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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