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2501 Martin Luther King Jr Ave, Knoxville, TN 37914

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For Sale
Sale Pending

$335,000

3 beds • 2 baths • 2,101 sqft

Estimated Payment

$ 1,857 /mo. †

6.76% APR for 30 yrs.
$1,407 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $159.45
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Romantic AF! Dripping with artistry and drama, this dreamy historic residence offers more charm than you could ever have hoped for - and it's in your price range! Impossibly high ceilings with Old World beams, and a real, functional wood-burning fireplace are yours for getting cozy in winter. In summer, open out to the covered lemonade veranda on the side! Truly beautiful alto-relief sculpture in plaster adorns your master bath, while your woolens snuggle in your walk-through cedar-lined master closet. 3 amply-sized bedrooms sport the same real oak hardwood floors as the rest of your home. Another full bath is demurely tucked away in the hall. The rich dining room and sun-filled kitchen with breakfast bar and a stunning built-in beg for long, leisurely meals. Gorgeous one-of-a-kind colorful brickwork adorns both the home and the 2-car detached garage with brand-new door. Retreat to the private, fully-fenced outdoor oasis in the back or enjoy the quaint and sunny brick patio in front, with its graceful arches mimicking the arch-topped entry doors! The ample, full sun study on the front of the home has its own door, so it can become your business office, or provide that highly-valuable natural lighting for recording your influencer videos. With its incredibly flexible zoning designation of C-G-2, this can be your home AND a multitude of businesses. There's MORE! A HUGE full-sun attic (begging for rainy Saturday plays to be acted there!) and a vast unfinished basement with its own exterior entrance are not counted in the home's finished square footage (and the SF listed for these areas is an estimate only, buyer to verify); also in the basement is another full bath (currently non-functional, also not counted in the listing.) Located on a major intersection within distance of the new Baseball Stadium development - a new greenway is planned to connect you there! Lovingly restored, with a few things still needing done, but with most of the heavy lifting out of the way, you could be the lucky owner to shepherd this gem into its finest era. Estate Sale (contents only) 2/28 and 3/1. New Roof 2024, see TN Property Condition Disclosure for more new and recent improvements!
MLS# 1287765

Courtesy Of Wallace

(865) 966-1111

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Patio
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Craftsman
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Floor Covering
    Hardwood, Tile
  • Heating System
    Central Furnace, Fireplace, Forced Air
  • Lot Size
    0.15 Acres

Map and Directions

Directions to 2501 Martin Luther King Jr Ave, Knoxville, TN 37914

Home seller CENTURY 21 Legacy

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CENTURY 21 Legacy

(865) 966-2121
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,740
  • Property Taxes
    $117
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,857

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Sarah Moore Greene Magnet Academy

Grades PK-5 Public School

Knoxville, TN 37914 1.1 miles
3001 brooks ave

545 total students
14:1 Student teacher ratio

School Rating: D

School Details

Vine Magnet Middle School

Grades 6-8 Public School

Knoxville, TN 37915 0.9 miles
1807 martin luther king jr ave

522 total students
12:1 Student teacher ratio

School Rating: D-

School Details

Austin-east Magnet High School

Grades 9-12 Public School

Knoxville, TN 37914 0.6 miles
2800 martin luther king jr ave

775 total students
12:1 Student teacher ratio

School Rating: D

School Details
Other Nearby Schools Distance Type Grades School Rating
Knoxville Baptist Christian 0.3 miles Private 1-10
Smart Kids Elc 0.6 miles Private PK-11
Green Magnet Academy 1.4 miles Public KG-5 D-
Fair Garden Family/community Center 1.5 miles Public PK
Belle Morris Elementary School 1.6 miles Public PK-5 D+
First Lutheran School 1.6 miles Private PK-8
Berean Christian School 1.7 miles Private PK-12
Fulton High School 1.8 miles Public 9-12 D+
South Knox Elementary School 1.9 miles Public PK-5 B+
Tennessee School For The Deaf Upper School 2 miles Public 7-12
Tennessee School For Deaf Elementary School 2 miles Public PK-6
L N Stem Academy 2.2 miles Public 9-12 A+
Christenberry Elementary School 2.2 miles Public PK-5 C+
Mead Montessori School 2.3 miles Private PK-8
Emerald Academy 2.5 miles Public KG-8 C
Whittle Springs Middle School 2.5 miles Public 6-8 D+
Dogwood Elementary School 2.5 miles Public PK-5 C+

Knoxville Baptist Christian

Distance: 0.3 miles

Type Private

Grades: 1-10

Smart Kids Elc

Distance: 0.6 miles

Type Private

Grades: PK-11

Green Magnet Academy

Distance: 1.4 miles

Type Public

Grades: KG-5

D-

Fair Garden Family/community Center

Distance: 1.5 miles

Type Public

Grades: PK

Belle Morris Elementary School

Distance: 1.6 miles

Type Public

Grades: PK-5

D+

First Lutheran School

Distance: 1.6 miles

Type Private

Grades: PK-8

Berean Christian School

Distance: 1.7 miles

Type Private

Grades: PK-12

Fulton High School

Distance: 1.8 miles

Type Public

Grades: 9-12

D+

South Knox Elementary School

Distance: 1.9 miles

Type Public

Grades: PK-5

B+

Tennessee School For The Deaf Upper School

Distance: 2 miles

Type Public

Grades: 7-12

Tennessee School For Deaf Elementary School

Distance: 2 miles

Type Public

Grades: PK-6

L N Stem Academy

Distance: 2.2 miles

Type Public

Grades: 9-12

A+

Christenberry Elementary School

Distance: 2.2 miles

Type Public

Grades: PK-5

C+

Mead Montessori School

Distance: 2.3 miles

Type Private

Grades: PK-8

Emerald Academy

Distance: 2.5 miles

Type Public

Grades: KG-8

C

Whittle Springs Middle School

Distance: 2.5 miles

Type Public

Grades: 6-8

D+

Dogwood Elementary School

Distance: 2.5 miles

Type Public

Grades: PK-5

C+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Knoxville, TN 37914

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Knoxville, TN 37914

This community’s employment is highest in the transportation and production occupations industries. The area’s overall household expenses are below the national average.

88° July
Hottest Average Month
28° January
Coldest Average Month
9,016 Total Households in Area
3.9% Increase in population since the year 2010
26.8%
of households
have children
23 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Knoxville, TN 37914

Knoxville, TN 37914 has a population of 21,313 people in 9,016 households with a median age of 42.5 years old.

3.9%
Increase in population
since the year 2010
Population is Trending up
8,468
Total households as of 2010
5.9%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 42.5 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 53%
Black 36%
Hispanic 5%
Other 3%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 53%, followed by Black at 36%, Hispanic at 5%, and Other at 3%.

Economics
for Knoxville, TN 37914

519 /sq mi
Population Density
$48,963 /yr
Median Household Income
$215,000
Median Sales Price
23 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.14% of the households.

Transportation to Work

  • Drive 88%
  • Work from Home 6%
  • Public Transit 3%
  • Walk or Bike 3%

Occupancy by Type

Owned 6,077 61%
Rented 2,938 29%
Vacant 984 10%

White vs Blue Collar Jobs







White Collar 61%
Blue Collar 39%

Family & Education Facts
for Knoxville, TN 37914

42.5 Median Age

Average Household Size

2.3
persons per
household

34.7%

Married Households

Community Population By Education

High School Graduate 37%
Some College 21%
Bachelors Degree 14%
Some High School 12%
Associates Degree 9%
Graduate Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 37.04% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
26.9% of households have children

Weather
for Knoxville, TN 37914

The weather for this area ranges from a high of 88° F in July to a low of 28° F in January

88° July
Hottest Average Month
28° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
28°
47°
Feb
30°
51°
Mar
37°
61°
Apr
45°
70°
May
54°
78°
Jun
62°
85°
Jul
66°
88°
Aug
65°
87°
Sep
59°
82°
Oct
46°
71°
Nov
37°
60°
Dec
30°
50°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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