Knoxville Duplex + Development Land
Development Land
Marketing description
Introducing a prime investment and development opportunity in the heart of Knoxville, IA. The 4,682 SF duplex offers two spacious units with 100% occupancy - representing an immediate income stream. Adjacent land also for sale offering a combined acre for a new development opportunity. Development plans available for 12 unit apartment complex, ask agent for details. With a strategic location in the Knoxville area, this property offers investors the chance to capitalize on the strong rental market and solidify their portfolio in a thriving community. Don't miss the chance to own this high-performing asset in a sought-after location.
Investment highlights
Duplex and adjacent land for sale
Duplex 100% occupied for immediate returns
Development plans available for a 3 building, 36-unit apartment on the remaining ground
Perfect for a developer seeking an immediate return on investment while phasing in a new construction next door
Small parking existing within the lot
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