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.