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Foreclosures for Sale in the Knoxville & Lakeway areas of TN

Foreclosures for Sale in the Knoxville & Lakeway areas of TN

$569,000
3 Beds 3 Baths 1345022 MLS ACTIVE Status
****Investor Alert****Turnkey Cabin Potential in Wears Valley! **Unbeatable Location & Massive Equity Potential** Investors, take note! This well-maintained cabin is located right in the heartbeat of highly desirable **Wears Valley**, offering the perfect canvas for a lucrative short-term rental or a high-yield flip. **This property is a foreclosure and is being sold strictly AS-IS**, providing a rare, aggressively priced opportunity to walk into instant equity in the Smoky Mountains market. NEW WELL SYSTEM ### The Layout & Amenities Spanning three fully utilized levels, this cabin maximizes guest capacity and entertainment value--the two most important metrics for rental success: * **Main Level:** Features seamless, zero-step entry via an accessibility ramp. Inside, a spacious open-concept kitchen, dining room, and living room welcome guests, alongside a convenient main-level bedroom and full bathroom. * **Lower Level:** Built for entertainment! Equipped with a dedicated game space featuring a foosball table, plus one traditional bedroom, an additional flexible **bonus room**, and a full bathroom. * **Upper Level Loft:** A secondary game zone featuring an air hockey table for hours of entertainment, leading to a private bedroom oasis with its own en-suite bathroom. ### Premium Outdoor Living Step out onto the main-level deck just off the living room to find the ultimate crowd-pleaser: a private, outdoor hot tub housed securely It's the perfect, low-maintenance setting for guests to relax and soak in the Smoky Mountain atmosphere. ### The Bottom Line With 3 bedrooms, a bonus room, 3 full baths, and dual game areas, this cabin has the exact footprint that high-earning rental guests look for. Bring your vision, capitalize on the motivated corporate seller, and unlock this property's true cash-flow potential.

4160 Chamberlain Lane, Sevierville

$1,624,950
1343469 MLS ACTIVE Status
Outstanding investment opportunity—two multi-unit properties offered together at 1412 & 1418 Armstrong Ave on one deeded lot in Knoxville's desirable Old North area. Featuring 12 total units across two buildings. Zones RN4. One unit could be STR if owner occupied purchase otherwise all units would need to be 30 day minimum rentals. We cleaned up the tenant roster and working on filling vacancies or you can get in now and choose your own! 1418 Armstrong Ave includes four fully furnished units.. Two feature 3 bedrooms and 1½ baths with full kitchens and shared HVAC; two are 1-bedroom, 1-bath units with private HVAC systems, ideal for traveling professionals or flexible leasing options (30 days or more required). 1412 Armstrong Ave consists of eight 1-bedroom, 1-bath units, each separately metered and equipped with individual HVAC systems. An on-site laundry facility adds convenience and appeal for residents. Positioned on a quiet dead-end street just minutes from downtown Knoxville, the University of Tennessee, and major attractions, this property offers strong possibilites and potential for multiple income streams. Whether managed as long-term housing, short-term rentals (30 days or more), or a hybrid model, it's a turn-key addition for any investor seeking cash flow and appreciation in one of Knoxville's fastest-growing rental markets. Property built before 1978 may have lead based paint. Buyer to verify all information independently.

1412-1418 Armstrong Ave, Knoxville

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