Knoxville Homes under $200,000

Welcome to Knoxville, Tennessee, a vibrant city nestled in the foothills of the Great Smoky Mountains. Known for its rich history, cultural diversity, and stunning natural beauty, Knoxville offers a unique blend of urban amenities and outdoor adventures. With a thriving arts scene, delicious dining options, and a plethora of recreational activities, it's no wonder that Knoxville is a sought-after destination for families, professionals, and retirees alike.

One of the most appealing aspects of Knoxville is its affordability, particularly when it comes to housing. For those looking to purchase a home, the market is brimming with opportunities under $200,000. Whether you’re a first-time homebuyer or an investor seeking a charming property, Knoxville has an array of options to suit your needs. From quaint bungalows in established neighborhoods to modern condos in the heart of the city, there’s something for everyone.

Imagine waking up in a cozy home that’s just a stone's throw from the vibrant downtown area, where you can enjoy local boutiques, coffee shops, and community events. Or perhaps you’d prefer a residence near one of Knoxville's beautiful parks, perfect for weekend picnics and outdoor activities.

With its friendly atmosphere, excellent schools, and a strong sense of community, Knoxville is not just a place to live; it’s a place to thrive. Don’t miss out on the chance to find your dream home in this enchanting city where affordability meets charm. Explore the possibilities today and discover why Knoxville is the perfect place to call home!

Newest Knoxville Homes under $200,000

942 Piney Grove Church Rd Unit C-4, Knoxville

$179,900

2 Beds ⋅ 2 Baths ⋅ 1357709 MLS

An opportunity to get into a convenient Knoxville location at $179,900! This 2-bedroom, 1.5-bath condo offers 1,064 square feet with a practical two-story layout and easy access to shopping, restaurants, downtown Knoxville, UT and I-40. The main level offers a comfortable living area, eat-in kitchen and half bath, with both bedrooms and the full bath upstairs. Updates include flooring, paint and mmore giving this home a clean, neutral starting point while still leaving room for the next owner to make it their own. A back patio provides outdoor space without a large yard to maintain. Whether you're looking for your first home, downsizing, or simply want an affordable Knoxville option in a location that keeps you close to just about everything, C-4 is worth a look!

942 Piney Grove Church Rd Unit C-4, Knoxville

Listing courtesy of Terri L Kerr of Realty Executives Associates.

$199,500

2 Beds ⋅ 1 Baths ⋅ 1357459 MLS

A fresh look, easy main-level living, and room for your hobbies--all for $199,500! With its crisp white exterior, black shutters, and covered carport, this two-bedroom, one-bath basement ranch makes a welcoming first impression. Inside, 924 square feet of living space features fresh paint, new light fixtures, and a light-filled living room. Painted kitchen cabinets, new cabinet hardware, and recently replaced stainless steel refrigerator and dishwasher give the kitchen a refreshed look, while updated bathroom fixtures add to the home's appeal. The unfinished basement provides generous space for storage, a workshop, or your next project. Outside, the yard offers room to garden, enjoy the outdoors, or add your own landscaping touches, with mature trees providing an established backdrop. Plumbing improvements completed within the past year and an approximately 10-year-old roof that was recently inspected add practical value. Clean, inviting, and move-in ready, 2728 Forestdale Avenue deserves a spot on your showing list! Buyer to Verify All Information

2728 Forestdale Ave, Knoxville

Listing courtesy of Susan Thompson of United Real Estate Solutions.

$159,000

2 Beds ⋅ 1 Baths ⋅ 1357435 MLS

Opportunity awaits at 2935 Boyds Bridge Pike! This 2-bedroom, 1-bath home offers approximately 900 square feet of living space along with a large, spacious backyard and a convenient Knoxville location. Whether you're a first-time homebuyer looking for a place to call your own or an investor searching for another addition to your rental portfolio, this property offers plenty of possibilities. The home is currently tenant-occupied, providing investors the potential for continued rental income. With its manageable size, generous outdoor space, and convenient location, this could be a great opportunity to add value and make it your own. Buyer to verify all information.

2935 Boyds Bridge Pike, Knoxville

Listing courtesy of Ryan Coleman of Hometown Realty, LLC.

$199,000

3 Beds ⋅ 2 Baths ⋅ 1357430 MLS

Welcome to 2812 Boyds Bridge Pike! This 3-bedroom, 1.5-bath home offers approximately 1,632 square feet of living space, a spacious backyard, and a convenient Knoxville location just minutes from downtown. Whether you're a first-time homebuyer looking for an affordable opportunity to make a home your own or an investor looking to add another rental property to your portfolio, this property offers plenty of potential. The home could benefit from some TLC and updates, giving the next owner an opportunity to add value over time. For investors, the property is currently tenant-occupied by a long-term tenant, providing the potential for continued rental income from day one. For an owner-occupant, it's an opportunity to purchase a home with room to improve and personalize. Priced with opportunity in mind--bring your ideas and take advantage of the potential at 2812 Boyds Bridge Pike! Buyer to verify all information.

2812 Boyds Bridge Pike, Knoxville

Listing courtesy of Ryan Coleman of Hometown Realty, LLC.

$199,900

4 Beds ⋅ 2 Baths ⋅ 1357380 MLS

Great opportunity in South Knoxville! This 4-bedroom, 2-bath basement home offers plenty of space and potential in a convenient location just minutes from campus. Priced with opportunity in mind, this property is a great fit for buyers looking to transform a home with their own personal touches or investors looking to add another property to their portfolio. The spacious layout provides plenty of room to work with, while the basement offers additional flexibility for storage, living space, or future improvements. With its convenient location and potential to add value, this home is ready for someone to bring their vision and make it their own. Whether you're looking for your next project or your next investment, this South Knoxville opportunity is worth a look!

1829 Allen Ave, Knoxville

Listing courtesy of Abbott Mary of Capstone Realty Group.

$169,900

2 Beds ⋅ 1 Baths ⋅ 1357298 MLS

Listing as a house, house is in need of repair. Value in land. Potential to remove structures to build your future Dream House.

5204 Murphy Rd, Knoxville

Listing courtesy of Lisa Raben of Southland Realtors, Inc.

$195,000

3 Beds ⋅ 2 Baths ⋅ 1357268 MLS

Opportunity awaits in 37917!! This nearly 1500 square foot home offers 3 bedrooms, 2 baths and plenty of charm ready to shine again! Roof is approximately5 years old and HVAC approximately 10 years old. Brand new flooring in the crawl space so that's a starting point for your renovations. Bring your vision, fresh ideas, and a little TLC to uncover this home's potential! An investor special with room to refresh, restore, and make it your own! SOLD AS IS

730 Banks Ave, Knoxville

Listing courtesy of Jessica Eckhart of Wallace.

$199,999

2 Beds ⋅ 2 Baths ⋅ 1356854 MLS

Property has tons of potential! Gorgeous subdivision. Here's your perfect opportunity to own and make this the showplace it deserves.

4313 Mannington Drive, Knoxville

Listing courtesy of Page Pratt of Marble Key Realty.

$125,000

5 Beds ⋅ 1 Baths ⋅ 1356712 MLS

INVESTMENT OPPORTUNITY just minutes from Downtown Knoxville! 1717 Henrietta Avenue offers approximately 2,037 square feet with 5 bedrooms and 1 bath, giving investors a substantial footprint to work with for a full renovation and repositioning of the property. Built in 1930, this brick home needs major repairs and is being sold AS-IS, but the combination of size, location, and renovation potential makes this one worth a closer look. Located near Downtown Knoxville, the Old City, Covenant Health Park, and the continued investment and development occurring throughout the surrounding area, this property puts an investor close to some of Knoxville's most active destinations. Whether considering a renovation for resale or a long-term investment strategy, the existing five-bedroom layout and more than 2,000 square feet provide multiple possibilities for adding value. Bring your contractor, your vision, and your numbers and take a look at what 1717 Henrietta Avenue could become. Seller will make no repairs.

1717 Henrietta Ave, Knoxville

Listing courtesy of Melissa Nelson of Rooted Realty Co.

$135,000

2 Beds ⋅ 1 Baths ⋅ 1356693 MLS

Affordable Starter or Investment Opportunity! Conveniently located near the interstate, shopping, dining, and downtown, this charming home offers an excellent opportunity for a first-time buyer, investor, or anyone looking for a convenient place to call home. The fenced backyard is ready for children or pets. Home is wired for EV charging and freshly painted. Enjoy easy access to parks, the YMCA, everyday amenities, local restaurants, entertainment, and major roadways, all while being close to the heart of it all. Whether you're looking to build equity, expand your investment portfolio, or find an affordable home in a convenient location, this property is worth a look. Priced to sell--don't miss your opportunity to make it yours!

1508 Mitchell St, Knoxville

Listing courtesy of Lizzy McDaniel of Realty Executives Associates.

$184,900

2 Beds ⋅ 1 Baths ⋅ 1356687 MLS

2 bedroom, 1 bath in Lonsdale. New floors. New kitchen. New windows. New HVAC. New roof. All-new electrical and plumbing. Large backyard. Simple layout. Good fit for a first-time buyer who wants a house that's already been taken care of -- or an investor looking for a clean rental in town.

901 Minnesota Ave, Knoxville

Listing courtesy of Jake Harris of Realty Executives Associates.

$159,000

3 Beds ⋅ 1 Baths ⋅ 1356153 MLS

Investor Special in Knoxville! This 3-bedroom, 1-bath home offers a great opportunity for an investor looking for their next flip or rental property. With the right vision and updates, this property has the potential to add value and generate future returns. Whether you're looking to renovate and resell or add another rental to your portfolio, this is an opportunity worth checking out. Priced for a great opportunity--add this one to your investment portfolio today!

3408 Boright Drive, Knoxville

Listing courtesy of Jacob Thomas Gann of Capstone Realty Group.

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Listings courtesy of Spartanburg Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.