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Sold for $500,000
  • $500,000

    2517 Cedar Ln, Knoxville, TN 37918

    8beds
    4baths
    0sqft
    Multi Family
    Built in 1991
    -- sqft lot
    $519,700 Zestimate®
    $1,923,077/sqft
    $1,085 Estimated rent

    Home value

    $519,700

    $494,000 - $546,000

    $1,085/mo

    Zestimate® history
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    What's special

    Extremely spacious two-story duplexSubstantial off-street parkingWell designed floor plan
    Extremely spacious two-story duplex in Fountain City! A rare opportunity where each unit is larger than the average single-family home. Each side is 4 beds/2 baths, has a private entrance, and a well designed floor plan. This property provides flexibility for investors or owner-occupants. One unit is currently rented while the other is vacant, offering immediate income potential with the option to live on the property as well. Substantial off-street parking enhances convenience for residents and guests. This duplex benefits from strong rental demand, proximity to shopping and dining, and easy access to major roadways.

    Zillow last checked:

    Listing updated:

    Listed by:

    Orel Brodt 305-606-1178,

    Alliance Sotheby's International

    Bought with:

    Mary Parsons, 255073

    Wallace

    Source: East Tennessee Realtors,MLS#: 1324419MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    Features
    • Pantry
    • Flooring: Laminate, Carpet, Vinyl, Tile
    Interior area
    • Total structure area: 0
    • Total interior livable area: 0.26 sqft

    Property

    Parking
    • Parking features: Off Street
    Lot
    • Dimensions: 113.95 x 97.77 x IRR
    Details
    • Additional structures: Shed(s)
    • Parcel number: 058KB05901

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Frame
    Condition
    • Year built: 1991

    Community & HOA

    Community
    • Subdivision: Ftn City Co Resub
    Location
    • Region: Knoxville

    Financial & listing details

    • Price per square foot: $1,923,077/sqft
    • Tax assessed value: $347,700
    • Annual tax amount: $2,161
    • Date on market: 12/17/2025
    • Listing terms: FHA,Cash,Conventional

    Price history

    DateEventPrice
    3/23/2026Sold$500,000-7.4%$1,923,077/sqft
    Source: East Tennessee Realtors #1324419 Report a problem
    2/6/2026Pending sale$540,000$2,076,923/sqft
    Source: East Tennessee Realtors #1324419 Report a problem
    1/27/2026Price change$540,000-6.1%$2,076,923/sqft
    Source: East Tennessee Realtors #1324419 Report a problem
    1/12/2026Price change$575,000-3.4%$2,211,538/sqft
    Source: East Tennessee Realtors #1324419 Report a problem
    12/17/2025Listed for sale$595,000$2,288,462/sqft
    Source: East Tennessee Realtors #1324419 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,161 $139,080
    2024$2,161 $139,080
    2023$2,161 $139,080
    2022$2,161 +5.2%$139,080 +43.5%
    2021$2,055 $96,920 -60%
    2020$2,055 $242,300
    2019$2,055 $242,300
    2018$2,055 -53.7%--
    2017$4,443 -3.2%$60,575
    2016$4,591 --
    2015$4,591 --
    2014$4,591 +7.2%--
    2013$4,282 +112.5%--
    2012$2,015 --
    2011$2,015 $85,400
    2010$2,015 -0.1%$85,400 -0.1%
    2009$2,018 -1.6%$85,520 +12.1%
    2008$2,052 +60%$76,280 +60%
    2007$1,282 $47,675
    2006$1,282 $47,675
    2005$1,282 +3.1%$47,675 +13.4%
    2004$1,244 $42,025
    2003$1,244 $42,025
    2002-- $42,025
    2001-- $42,025 +6.8%
    2000-- $39,350
    Find assessor info on the county website

    Neighborhood: 37918

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fountain City
    • Middle: Gresham
    • High: Central

    Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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