123 E Springdale Ave, Knoxville, TN 37917

Knoxville
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
123 E Springdale Ave,Knoxville, TN 37917
$260,000
  • - Beds
  • - Baths
  • 1,956 sq. ft.
  • Multi-family
  • Active
Listed by: fredda augusta temples
Office: the real estate firm, inc.
MLS#:1346324
Source:TN_KAAR

Price summary

  • Price:$260,000
  • Price per sq. ft.:$132.92

About this home

Not Just a House -- This Is a Money-Making Investment Opportunity! Exceptional multi-family property zoned for commercial use and ideally located just outside Knoxville's vibrant Happy Holler district. With three income-producing units currently rented month-to-month, this property offers immediate cash flow plus excellent value-add potential. The two first-floor apartments rent for $1,200 per month each, while the upstairs unit rents for $1,000 per month, for a total of $3,400 per month. Tenants are responsible for their own utilities, and each dwelling has its own electric meter. The existing apartments could benefit from repairs, cleaning, and modernization, creating an opportunity for an investor to improve the property and potentially increase future rental income. An additional approximately 450 sq. ft. of unfinished upper-level space offers potential for an additional unit and income stream, subject to applicable zoning, permitting, inspections, and governmental...

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Home facts

  • Year built:1915
  • Subdivision & Development:Oakwood C B Atkins Add
  • Listing ID #:1346324
  • Added:90 day(s) ago
  • Updated:September 27, 2026 at 02:37 PM

Rooms and interior

  • Flooring:Vinyl
  • Living area:1,956 sq. ft.

Heating and cooling

  • Cooling:Central Cooling
  • Heating:Electric, Heat Pump

Structure and exterior

  • Year built:1915
  • Building area:1,956 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Block, Frame

Schools

  • High school:Fulton
  • Middle school:Whittle Springs
  • Elementary school:Christenberry

Finances and disclosures

  • Price:$260,000
  • Price per sq. ft.:$132.92

Parking

  • Parking description:On Premise Parking, On-Street Parking

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