123 E Springdale Ave, Knoxville, TN 37917
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
123 E Springdale Ave,Knoxville, TN 37917
$259,999
- - Beds
- - Baths
- 1,956 sq. ft.
- Multi-family
- Active
Listed by: fredda augusta temples
Office: the real estate firm, inc.
MLS#:1358523
Source:TN_KAAR
Price summary
- Price:$259,999
- Price per sq. ft.:$132.92
About this home
THREE UNITS. $3,400 IN MONTHLY RENT. ROOM TO BUILD VALUE!
Put your next investment to work just outside Knoxville's vibrant Happy Holler district! This commercially zoned multifamily property combines existing rental income with opportunities to renovate, improve, and explore additional income potential.
Two apartments are currently rented month-to-month. The two first-floor units rent for $1,200 each, and the upstairs apartment rents for $1,000--totaling $3,400 per month in gross rental income. Tenants pay their own utilities, and each apartment has a separate electric meter.
Bring your vision and capitalize on the opportunity to make improvements! The existing apartments would benefit from repairs, cleaning, and modernization, offering investors a path to enhance the property and potentially increase future rents.
Additional square footage in an unfinished upper-level space offers potential for a fourth unit, subject to applicable zoning, permitting, inspections, and governmental approvals.
Additional highlights include new water lines installed to the street by the seller. A newer roof, large lot, rear street access, and convenient off-street parking add to the appeal.
Existing income, renovation upside, and potential to expand--all near one of Knoxville's lively neighborhood destinations. Schedule your showing and explore the possibilities!...
Contact an agent
Home facts
- Year built:1915
- Subdivision & Development:Oakwood C B Atkins Add
- Listing ID #:1358523
- Added:1 day(s) ago
- Updated:October 12, 2026 at 03:10 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:$259,999
- Price per sq. ft.:$132.92
Parking
- Parking description:Off-Street Parking, On Premise Parking, On-Street Parking
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