Investment opportunity in Fountain City. This updated duplex features two 2-bedroom, 1-bath units, both currently vacant and move-in ready, giving the next owner immediate flexibility to select tenants and establish new leases. Ideal for an investor looking to expand a rental portfolio or an owner-occupant interested in living in one unit while renting the other. New roof installed September 2026.
Both units underwent extensive renovations in 2022 and feature updated kitchens with soft-close cabinetry, tile backsplashes, appliances including dishwashers, refinished hardwood floors, updated bathrooms, and washer and dryer connections. Unit A features an updated shower enclosure, while Unit B offers a custom tile shower.
Major improvements include replacement windows, PEX plumbing in the kitchens and bathrooms, HVAC systems replaced in 2020, updated gutters and downspouts, added insulation, updated lighting, and a paved driveway with retaining walls. The property offers approximately 1,875 total square feet of single-level living, a carport, additional off-street parking, and a storage shed.
With both units vacant, the next owner has immediate possession and the freedom to establish their own rental strategy without assuming existing leases. Conveniently located in Fountain City with access to shopping, dining, major roadways, and downtown Knoxville.
Two updated units, a new roof, extensive improvements, and immediate availability make 5800 Fountain Road a strong option for investors and owner-occupants. Seller is ready to make a move and will give serious consideration to reasonable offers and terms.
Showings by appointment. Buyer to verify all information important to their purchase
Active
Price cut: $24K (10/2)
$425,000
5800 Fountain Rd, Knoxville, TN 37918
4beds
2baths
1,872sqft
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$227/sqft
$-- HOA
What's special
Refinished hardwood floorsUpdated bathroomsStorage shedReplacement windowsUpdated gutters and downspoutsAppliances including dishwashersAdditional off-street parking
- 28 days
- 579
- 38
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Shawn King 865-300-6161,
United Real Estate Solutions 865-444-2400
Source: East Tennessee Realtors,MLS#: 1354746
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
Features
- Flooring: Brick
Interior area
- Total structure area: 1,872
- Total interior livable area: 1,872 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Lot
- Size: 0.45 Acres
- Dimensions: 175M x 140M x IRR
Details
- Additional structures: Shed(s)
- Parcel number: 058CF01001
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Frame
Condition
- Year built: 1960
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: W S McFadden
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $138,100
- Annual tax amount: $537
- Date on market: 9/8/2026
- Listing terms: VA Loan,FHA,Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Price change | $425,000-5.3%$227/sqft |
Source: | ||
| 9/8/2026 | Listed for sale | $449,000+6.9%$240/sqft |
Source: | ||
| 6/30/2022 | Sold | $420,000-2.3%$224/sqft |
Source: | ||
| 6/17/2022 | Pending sale | $429,999$230/sqft |
Source: | ||
| 6/14/2022 | Price change | $429,999-4.4%$230/sqft |
Source: | ||
| 5/29/2022 | Listed for sale | $450,000+239.6%$240/sqft |
Source: | ||
| 1/5/2021 | Sold | $132,500+1.9%$71/sqft |
Source: | ||
| 12/12/2020 | Pending sale | $130,000$69/sqft |
Source: Astute Realty #1137159 Report a problem | ||
| 12/12/2020 | Listed for sale | $130,000$69/sqft |
Source: Astute Realty #1137159 Report a problem | ||
| 12/3/2020 | Pending sale | $130,000$69/sqft |
Source: Astute Realty #1137159 Report a problem | ||
| 12/1/2020 | Listed for sale | $130,000+29.4%$69/sqft |
Source: Astute Realty #1137159 Report a problem | ||
| 6/17/2005 | Sold | $100,500+18.7%$54/sqft |
Source: Public Record Report a problem | ||
| 1/18/2005 | Sold | $84,700$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $537 | $34,525 |
| 2024 | $537 | $34,525 |
| 2023 | $537 | $34,525 |
| 2022 | $537 -7.3% | $34,525 +26.3% |
| 2021 | $579 | $27,325 -75% |
| 2020 | $579 | $109,300 |
| 2019 | $579 | $109,300 +0.8% |
| 2018 | $579 -53.8% | $108,400 +296.7% |
| 2017 | $1,252 -8.4% | $27,325 |
| 2016 | $1,368 | -- |
| 2015 | $1,368 | -- |
| 2014 | $1,368 +7.2% | -- |
| 2013 | $1,275 -6.3% | -- |
| 2012 | $1,360 | -- |
| 2011 | $1,360 | $28,225 |
| 2010 | $1,360 | $28,225 |
| 2009 | $1,360 +21.3% | $28,225 +38.4% |
| 2008 | $1,122 | $20,400 |
| 2007 | $1,122 | $20,400 |
| 2006 | $1,122 | $20,400 |
| 2005 | $1,122 +104.6% | $20,400 +10.1% |
| 2004 | $548 | $18,525 |
| 2003 | $548 | $18,525 |
| 2002 | -- | $18,525 |
| 2001 | -- | $18,525 +11.1% |
| 2000 | -- | $16,675 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Fountain City
Nearby schools
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.








