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Knoxville Real Estate Forum
HomeForumsKnoxville Real Estate ForumWhy is this still on the market?
Sean Kelly's profile image
Sean Kelly's profile image
Sean Kelly
Pro Member
  • Property Manager
  • from Nashville, TN
  • Member since Oct 24, 2016
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Sean Kelly's profile image
Sean Kelly's profile image
Sean Kelly
Pro Member
  • Property Manager
  • from Nashville, TN
  • Member since Oct 24, 2016
Connect
Sean Kelly
Pro Member
  • Property Manager
  • Nashville, TN
7
Votes |
51
Posts
Knoxville Real Estate Forum

Why is this still on the market?

Sean Kelly
Pro Member
  • Property Manager
  • Nashville, TN
Posted Mar 23 2017, 13:14

I live in Nashville--looking to invest in Knox and Chatt. Spent a few days looking around Knox on redfin and found some interesting properties, trying to get to know the areas and rents vs. home prices.

https://www.redfin.com/TN/Knoxville/1517-Coker-Ave...

Looks like this has been listed for almost 4 months.. $50k/door seams reasonable compared to other units in the area. Rent ready.. and based on P&L it cash flows pretty well, especially if you self manage. Why is this still on the market? Any knoxville natives have any insight? bad part of town? whats the deal? 

Knoxville, Tennessee
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