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  • $620,000

    5201 Lonas Dr, Knoxville, TN 37909

    --beds
    --baths
    3,082sqft
    Multi Family
    Built in 2023
    -- sqft lot
    $797,200 Zestimate®
    $201/sqft
    $1,501 Estimated rent

    Home value

    $797,200

    $733,000 - $869,000

    $1,501/mo

    Zestimate® history
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    What's special

    Attention Investors, this Brand-New Duplex is an Awesome Multi-Family Investment Opportunity! Conveniently Located in West Knox/ Bearden Area on an oversized lot of Half Acre this Exquisite Property was Just Finished and features 2 units with 4 BR, 2 BA and 3 BR, 2 BA. Whether you're seeking a permanent Brand-New Home for your Family or a Solid Investment Property in Good Location, this Dual Duplex presents Endless opportunities. Both Units are Vacant and Ready for your Tenants to move-in, or you can live in one unit to offset your own expenses and Rent the other. You will Love the Luxury Vinyl Flooring throughout and Contemporary Finishes that adorn the interior, along with Open-Concept Floor Plan that seamlessly integrates the Living, Dining, and Kitchen areas. Gourmet Kitchens fitted with Custom Cabinets, Large Island and SS Appliances. Great outdoor space with Concrete Driveway, Large Parking Area for Both Units and Specious Carport to be shared. As an added Bonus, this Property is located in a Desirable Location in West Knoxville with easy access to Shopping, Dining, Great Schools & West Town Mall. Don't let this Opportunity pass you by, Given the potential Rental Income you can make this Property into a Cash Flow Machine!

    Zillow last checked:

    Listing updated:

    Listed by:

    Oleg Cheban 865-588-3232,

    Realty Executives Associates

    Bought with:

    Ivette Gibbe-Fields, 340043

    Keller Williams West Knoxville

    Jason J Fields, 332314

    Keller Williams West Knoxville

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3103684MLS Logo

    Facts & features

    Interior

    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Flooring: Tile, Vinyl
    Interior area
    • Total structure area: 3,082
    • Total interior livable area: 3,082 sqft

    Property

    Features
    • Levels: Three Or More
    Lot
    • Dimensions: 100 x 200 x IRR
    Details
    • Parcel number: 107GB008
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame, Vinyl Siding
    Condition
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    Location
    • Region: Knoxville

    Financial & listing details

    • Price per square foot: $201/sqft
    • Tax assessed value: $756,000
    • Annual tax amount: $933
    • Date on market: 10/22/2023
    • Inclusions: No Furnishing
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/3/2026Listing removed$1,995$1/sqft
    Source: Zillow Rentals Report a problem
    5/14/2026Listed for rent$1,995$1/sqft
    Source: Zillow Rentals Report a problem
    4/14/2026Listing removed$1,995$1/sqft
    Source: Zillow Rentals Report a problem
    4/1/2026Listed for rent$1,995-5%$1/sqft
    Source: Zillow Rentals Report a problem
    4/30/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/22/2024Price change$2,100-6.5%$1/sqft
    Source: Zillow Rentals Report a problem
    4/3/2024Price change$2,245-2.2%$1/sqft
    Source: Zillow Rentals Report a problem
    3/7/2024Price change$2,295-8%$1/sqft
    Source: Zillow Rentals Report a problem
    2/16/2024Price change$2,495-3.9%$1/sqft
    Source: Zillow Rentals Report a problem
    1/27/2024Listed for rent$2,595$1/sqft
    Source: Zillow Rentals Report a problem
    1/12/2024Sold$620,000+3.4%$201/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3103684 Report a problem
    10/22/2023Pending sale$599,900$195/sqft
    Source: East Tennessee Realtors #1243407 Report a problem
    10/20/2023Listed for sale$599,900+499.9%$195/sqft
    Source: East Tennessee Realtors #1243407 Report a problem
    3/22/2021Sold$100,000$32/sqft
    Source: Public Record Report a problem
    10/18/2010Sold$100,000+53.8%$32/sqft
    Source: Public Record Report a problem
    12/7/1999Sold$65,000$21/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,699 $302,400
    2024$4,699 +1101.8%$302,400 +1102.4%
    2023$391 $25,150
    2022$391 -17.7%$25,150 +12.2%
    2021$475 $22,425 -75%
    2020$475 $89,700
    2019$475 $89,700
    2018$475 -53.8%--
    2017$1,028 +23.2%$22,425
    2016$834 --
    2015$834 -46%--
    2014$1,544 +7.2%--
    2013$1,440 +178.6%--
    2012$517 --
    2011$517 -51%$21,900
    2010$1,056 $21,900
    2009$1,056 +4.7%$21,900 +19.5%
    2008$1,008 +0%$18,325
    2007$1,008 $18,325
    2006$1,008 $18,325
    2005$1,008 +0.6%$18,325 +9.9%
    2004$1,002 +6.2%$16,675
    2003$944 $16,675
    2002-- $16,675
    2001-- $16,675 +38.7%
    2000-- $12,025
    Find assessor info on the county website

    Neighborhood: Lonas Drive

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bearden Elementary
    • Middle: Bearden Middle School
    • High: West High School

    Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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