109/115 E Glenwood Ave, Knoxville, TN 37917
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
109/115 E Glenwood Ave,Knoxville, TN 37917
$1,099,900
- - Beds
- - Baths
- 4,907 sq. ft.
- Multi-family
- Pending - Continue To Show
Listed by: quinn epperly
Office: real broker
MLS#:1352518
Source:TN_KAAR
Price summary
- Price:$1,099,900
- Price per sq. ft.:$224.15
About this home
109 & 115 E Glenwood Ave | Turnkey 5-Unit Investment Opportunity
Rare opportunity to acquire two neighboring income-producing properties in the heart of Knoxville, offered together due to their shared parking area. Featuring a total of 5 units - 4 previously operated as short-term rentals and 1 long-term rental - the properties generated approximately $146,693 in gross income in 2025. Has off-street parking that can fit 12 cars.
109 E Glenwood Ave is a commercially zoned triplex that has operated as three non-owner-occupied short-term rentals. The property has been able to obtain a non-owner-occupied short-term rental permit, offering an attractive opportunity for an investor looking to continue STR operations, subject to applicable permitting and regulations. All three units have been renovated with luxury vinyl plank flooring and granite countertops, and Unit 1 includes an additional half bath. Two units are being offered fully furnished, while the basement unit was recently remodeled and is currently unfurnished. Each unit features its own private entrance and in-unit laundry.
The triplex also offers ample off-street parking, including an additional side driveway that provides convenient overflow and guest parking.
115 E Glenwood Ave is a renovated up-and-down duplex. The upper unit has been operated as an owner-occupied short-term rental, while the lower unit was most recently leased as a long-term rental for $1,750/month and is now vacant. Both units feature private entrances, their own laundry, and dedicated off-street parking.
Located within walking distance of neighborhood coffee and smoothie shops and just a short drive from Downtown Knoxville, the University of Tennessee, Old City, Happy Holler, and many of Knoxville's most popular destinations.
With multiple income streams, established rental history, renovated interiors, off-street parking, and a combination of short- and long-term rental potential, 109 & 115 E Glenwood Ave present a unique opportunity to acquire five income-producing units in one package near the heart of Knoxville.
Owner/agent. Buyer to verify square footage....
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Home facts
- Year built:1920
- Subdivision & Development:Mayfield Pt 1
- Listing ID #:1352518
- Added:54 day(s) ago
- Updated:October 14, 2026 at 08:26 AM
Rooms and interior
- Flooring:Vinyl
- Living area:4,907 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric
Structure and exterior
- Year built:1920
- Building area:4,907 sq. ft.
- Lot area:0.28 Acres
- Construction Materials:Frame
Schools
- High school:Fulton
- Middle school:Whittle Springs
- Elementary school:Christenberry
Finances and disclosures
- Price:$1,099,900
- Price per sq. ft.:$224.15
Parking
- Parking description:Off-Street Parking
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