Opportunity is knocking at 8732 Gleason Drive and it's bringing income potential with it.
This fully updated duplex features two spacious units, each offering 3 bedrooms, 2 bathrooms, plus additional flex rooms, perfect for home offices, playrooms, guest space, or extra storage (not counted as bedrooms due to no windows). Whether you're house hacking, expanding your portfolio, or looking for a multi-generational setup, this property delivers versatility and value.
Recent updates provide peace of mind, including PEX plumbing throughout most of the property, and one unit features a tankless (on-demand) water heater for added efficiency and modern comfort.
Located in a highly desirable area and zoned for A.L. Lotts Elementary, West Valley Middle, and Bearden High School, this duplex offers strong rental appeal. Just minutes from shopping, dining, entertainment, and downtown Knoxville, tenants (or owners) will love the convenience and accessibility.
Strong income-producing potential.
Updated & low-maintenance systems.
Prime Knoxville location.
Whether you live in one side and rent the other or lease both, this is the kind of opportunity savvy buyers wait for.
For sale
Price cut: $70K (6/16)
$829,000
8732 Gleason Dr, Knoxville, TN 37923
12beds
8baths
3,726sqft
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$222/sqft
$-- HOA
What's special
- 153 days |
- 365 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Anna Cramer 865-599-9078,
Realty Executives Knox Valley 865-427-3313,
Renzo Huerta 865-237-8390,
Realty Executives Knox Valley
Source: East Tennessee Realtors,MLS#: 1333228
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Heat Pump, Natural Gas, Electric
Cooling
- Central Air
Appliances
- Included: Tankless Water Heater, Dishwasher, Dryer, Range, Refrigerator, Washer
Features
- Kitchen Island
- Flooring: Vinyl, Tile
- Windows: Aluminum Frames
Interior area
- Total structure area: 3,726
- Total interior livable area: 3,726 sqft
Property
Parking
- Parking features: On Street, On Premise Parking
- Has uncovered spaces: Yes
Lot
- Size: 0.4 Acres
- Dimensions: 115m x 123 x IRR
Details
- Parcel number: 132EA014
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1972
Community & HOA
Community
- Subdivision: Echo Valley Unit 1
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $222/sqft
- Tax assessed value: $350,800
- Annual tax amount: $2,181
- Date on market: 3/21/2026
- Listing terms: VA Loan,Second Mortgage,FHA,Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $829,000-7.8%$222/sqft |
Source:  East Tennessee Realtors #1333228 Report a problem | ||
| 5/21/2026 | Price change | $899,000-5.4%$241/sqft |
Source: East Tennessee Realtors #1333228 Report a problem | ||
| 3/21/2026 | Listed for sale | $950,000+188%$255/sqft |
Source: East Tennessee Realtors #1333228 Report a problem | ||
| 10/16/2023 | Sold | $329,900+214.2%$89/sqft |
Source: Public Record Report a problem | ||
| 5/26/1998 | Sold | $105,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,181 | $140,320 |
| 2024 | $2,181 | $140,320 |
| 2023 | $2,181 | $140,320 |
| 2022 | $2,181 +95.8% | $140,320 +167% |
| 2021 | $1,114 | $52,560 -60% |
| 2020 | $1,114 | $131,400 |
| 2019 | $1,114 | $131,400 +5.9% |
| 2018 | $1,114 | $124,100 +277.8% |
| 2017 | $1,114 -3.3% | $32,850 |
| 2016 | $1,152 | -- |
| 2015 | $1,152 | -- |
| 2014 | $1,152 +0% | -- |
| 2013 | $1,152 -55.3% | -- |
| 2012 | $2,574 | -- |
| 2011 | $2,574 | $53,400 |
| 2010 | $2,574 | $53,400 |
| 2009 | $2,574 -4.1% | $53,400 +9.4% |
| 2008 | $2,684 +60% | $48,800 +60% |
| 2007 | $1,678 | $30,500 |
| 2006 | $1,678 | $30,500 |
| 2005 | $1,678 +1.7% | $30,500 +11.1% |
| 2004 | $1,650 +6.2% | $27,450 |
| 2003 | $1,554 | $27,450 |
| 2002 | -- | $27,450 |
| 2001 | -- | $27,450 +10.2% |
| 2000 | -- | $24,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37923
Nearby schools
GreatSchools rating
- 9/10A L Lotts Elementary SchoolGrades: PK-5Distance: 2.1 mi
- 9/10West Valley Middle SchoolGrades: 6-8Distance: 1.2 mi
- 9/10Bearden High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: A L Lotts
- Middle: West Valley
- High: Bearden
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
