2359 E 5th Ave, Knoxville, TN 37917

Knoxville
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
2359 E 5th Ave,Knoxville, TN 37917
$475,000
  • - Beds
  • - Baths
  • 2,000 sq. ft.
  • Multi-family
  • Active
Listed by: lacy mellon
Office: realty executives south
MLS#:1345397
Source:TN_KAAR

Price summary

  • Price:$475,000
  • Price per sq. ft.:$237.5

About this home

Charming income producing apartment building featuring four one-bedroom, one-bathroom units in the popular Historic Parkridge neighborhood. Great proximity to E Magnolia Avenue commercial area, Downtown Knoxville, and the bus line. Plenty of off-street Parking on premises as well as covered garage bays that could be converted to storage units for additional income or higher rent. Membrane roof installed 2020 with 20 year warranty. These units have been updated and three are ready for immediate occupancy, one currently leased month to month. Electric, water, and sewer are metered separately for all 4 units. This building is in very good condition and provides opportunity for improvements to increase rental rates over time. Great investment opportunity in growing area.

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Home facts

  • Year built:1960
  • Listing ID #:1345397
  • Added:1 day(s) ago
  • Updated:June 21, 2026 at 02:38 PM

Rooms and interior

  • Flooring:Hardwood, Tile
  • Living area:2,000 sq. ft.

Heating and cooling

  • Cooling:Wall Cooling
  • Heating:Electric

Structure and exterior

  • Year built:1960
  • Building area:2,000 sq. ft.
  • Construction Materials:Block, Brick

Schools

  • High school:Austin East/Magnet
  • Middle school:Vine/Magnet
  • Elementary school:Sarah M Greene/Magnet

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$237.5

Parking

  • Parking description:Attached, Off-Street Parking, On-Street Parking, Shared Garages
  • Garage spaces:3

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