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8732 Gleason Dr, Knoxville, TN, 37923

6beds
4baths
3,726sqft
$829,000
$222price/sqft
$5,816/moest. monthly cost
$232,640/yrincome needed

About This Home

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.

Getting Around

15
WalkingCar-Dependent
0
TransitNo Nearby Transit
5
BikeSomewhat Bikeable

Schools

8/10
9/10
9/10
Bearden High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1972

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Tankless Water Heater,Dishwasher,Dryer,Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Kitchen Island
  • Window features: Aluminum Frames
  • Flooring: Vinyl,Tile

Heating & Cooling

  • Heating features: Heat Pump,Natural Gas,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,726
  • Total interior livable area: 3,726 sqft

Property

Details

  • Parcel number: 132EA014

Lot

  • Lot size: 0.40 Acres
  • Lot size dimensions: 115m x 123 x IRR

Parking

  • Parking features: On Street,On Premise Parking
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Tornado
Winter Weather
Cold Wave
Earthquake
Inland Flooding
Ice Storm
Strong Wind

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,191$50,292
Home Insurance $311$3,732
Property Taxes $1,012$12,144
Electricity $302$3,632
Total$5,816$69,792

Income You'd Need if You Spent...

35% on housing$199,405/yr
40% on housing$174,480/yr
45% on housing$155,093/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.5%
7.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.4%
-0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$222This listing

vs Other Active Listings

Avg $/sqft

ZIP 37923$175
Knox County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 37923$198
Knox County$213

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-21Listed for sale$950,000
2023-10-16Sold$329,900
1998-05-26Sold$105,000

For Sale by Agent

AgentAnna Cramer
BrokerageRealty Executives Knox Valley

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