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  • $389,900

    5021 Schubert Rd, Knoxville, TN 37912

    4beds
    --baths
    1,908sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $395,800 Zestimate®
    $204/sqft
    $1,529 Estimated rent

    Home value

    $395,800

    Estimated sales range

    Not available

    $1,529/mo

    Zestimate® history
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    $2,145/mo

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    $2,145/mo

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    What's special

    This beautifully renovated duplex offers incredible potential and is ideally located for many different rental opportunities. This property is a must-see for investors or those looking for a prime real estate opportunity. Property qualifies for Type 1 Short Term Rental Permit through the City of Knoxville if the other unit is owner occupied! Property has been an extremely successful Airbnb with almost 500 reviews and 42k of gross rental income in 2024 for one unit alone!!! One unit could cover your entire mortgage and more... The property features two units: A spacious 3-bedroom, 1-bathroom unit A charming 1-bedroom, 1-bathroom unit Seller is selling fully furnished! ******Easy potential for Tri-plex!! Unfinished unit on the end ready to be converted into a studio unit, adding even more value to this already fantastic property***** Both units offer open floor plans, ensuring a bright, airy, and inviting atmosphere. The spacious living rooms and bedrooms provide ample space, while the renovated bathrooms offer modern finishes. The front porch is truly one of a kind, perfect for relaxing or enjoying the great outdoors. Both units have separate entrances, adding privacy and convenience. With ample closet space in each unit, storage is never an issue. This all one-level duplex offers a low-maintenance lifestyle. Whether you're looking for an investment or a multi-generational living space, this property in an ideal location is sure to impress! Don't miss out on this incredible opportunity!

    Zillow last checked: 7 hours ago

    Listing updated: February 06, 2026 at 11:32pm

    Listing Provided by:

    Corey Belden 865-588-3232,

    Realty Executives Associates

    Bought with:

    Annie Perry, 372503

    Knoxville Real Estate Professionals, Inc.

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3101966MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Heating
    • Central, Electric, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Flooring: Carpet, Tile, Vinyl
    Interior area
    • Total structure area: 1,908
    • Total interior livable area: 1,908 sqft

    Property

    Features
    • Levels: Three Or More
    Lot
    • Dimensions: 257 x 261 x IRR
    Details
    • Parcel number: 068NE034
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame, Other
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Utilities for property: Electricity Available, Natural Gas Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Knoxville
    • Subdivision: Fred R Wallace Add

    Price history

    DateEventPrice
    11/16/2025Listing removed$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    9/11/2025Listed for rent$2,300$1/sqft
    Source: Zillow Rentals Report a problem
    6/30/2025Sold$389,900$204/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3101966 Report a problem
    6/9/2025Pending sale$389,900$204/sqft
    Source: East Tennessee Realtors #1296891 Report a problem
    5/30/2025Price change$389,900-2.5%$204/sqft
    Source: East Tennessee Realtors #1296891 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,005 $64,640
    2024$1,005 $64,640
    2023$1,005 $64,640

    Find assessor info on the county website

    Neighborhood: 37912

    Nearby schools

    GreatSchools rating
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