1009 CEDARWOOD STREET, KNOXVILLE, TN 37914

Description

1009 Cedarwood Street Knoxville, TN 37914 ONLINE ONLY REAL ESTATE AUCTION East Knoxville Investment Opportunity Fixer Upper BIDDING BEGINS TO CLOSE: Friday, October 24th at 12:00PM Noon (ET) OPEN HOUSE: Wednesday, October 22nd at 12:00PM Noon (ET) Approximately 840 SF 2 Bedrooms, 1 Bathroom Excellent investment opportunity in East Knoxville offering multiple possibilities for savvy buyers. This 2 bedroom, 1 bathroom home provides a solid foundation for various investment strategies in a highly convenient location with outstanding access to major destinations. Prime East Knoxville Location Strategically positioned with convenient access to Rutledge Pike, I-40, Downtown Knoxville, and the University of Tennessee. This central location ensures strong rental demand and excellent connectivity for residents or tenants. Property Layout Living room providing central gathering space Kitchen with small dining/breakfast room for meal preparation and casual dining Two bedrooms offering flexible accommodation options One full bathroom serving household needs Utility room for laundry and storage convenience Older detached single car garage adding storage and potential workspace Investment Potential This property presents multiple opportunities for investors and owner-occupants: Fix & Flip: Update and resell for profit Rehab & Rent: Create steady rental income with strong tenant demand Remodel & Live: Customize as your first home with sweat equity Market Advantages The 840 square feet provides an ideal size for rental properties or first-time homebuyers seeking affordable entry into homeownership. The East Knoxville location offers urban convenience while maintaining neighborhood character. Opportunity Summary Whether youre an experienced investor, first-time flipper, or buyer seeking an affordable path to homeownership, this property offers excellent potential in one of Knoxvilles most accessible locations. The combination of convenient location, manageable size, and renovation potential creates outstanding value for those ready to invest in East Knoxvilles continued growth. Knox County Parcel / Tax ID: 070LA014 Yearly Property Taxes: $908.85 Total Yearly Taxes | $528.12 City of Knoxville and $380.73 Knox County Lot Size: 0.25 +/- acre | 50 x 218 Year Built: 1930