1412 Armstrong Ave, Knoxville, TN 37917
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
Listed by: christy cj pace
Office: pace probity asset management
MLS#:1326887
Source:TN_KAAR
Price summary
- Price:$1,799,950
- Price per sq. ft.:$211.41
About this home
Outstanding investment opportunity—two multi-unit properties offered together at 1412 & 1418 Armstrong Ave on one deeded lot in Knoxville's desirable Old North area. Featuring 12 total units across two buildings. Zones RN4. One unit could be STR if owner occupied purchase otherwise all units would need to be 30 day minimum rentals.
We cleaned up the tenant roster and working on filling vacancies or you can get in now and choose your own!
1418 Armstrong Ave includes four fully furnished units.. Two feature 3 bedrooms and 1½ baths with full kitchens and shared HVAC; two are 1-bedroom, 1-bath units with private HVAC systems, ideal for traveling professionals or flexible leasing options (30 days or more required).
1412 Armstrong Ave consists of eight 1-bedroom, 1-bath units, each separately metered and equipped with individual HVAC systems. An on-site laundry facility adds convenience and appeal for residents.
Positioned on a quiet dead-end street just minutes from downtown Knoxville, the University of Tennessee, and major attractions, this property offers strong possibilites and potential for multiple income streams. Whether managed as long-term housing, short-term rentals (30 days or more), or a hybrid model, it's a turn-key addition for any investor seeking cash flow and appreciation in one of Knoxville's fastest-growing rental markets.
Property built before 1978 may have lead based paint.
Buyer to verify all information independently.
Contact an agent
Home facts
- Year built:1920
- Listing ID #:1326887
- Added:56 day(s) ago
- Updated:March 09, 2026 at 08:52 PM
Rooms and interior
- Flooring:Carpet, Hardwood, Laminate
- Living area:8,514 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric
Structure and exterior
- Year built:1920
- Building area:8,514 sq. ft.
- Construction Materials:Aluminum Siding, Block, Brick, Fiber Cement, Frame
Finances and disclosures
- Price:$1,799,950
- Price per sq. ft.:$211.41
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