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    Knoxville, TN Apartment Buildings for Sale

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    12-Unit Apartment Property
    Updated: May 28
    12-Unit Apartment Property

    1412-1418 Armstrong Ave, Knoxville, TN 37917

    $1,549,950
    8,514 sqft
    12 apartments across two buildings on one deeded lot
    8,514 square feet; built in 1920
    Eight 1‑bedroom, 1‑bath units at 1412 Armstrong Ave
    1418 Armstrong Ave has two 3‑bedroom, 1 1/2‑bath units and two 1‑bedroom, 1‑bath units
    Four units at 1418 Armstrong Ave are furnished
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    21-Unit Apartment Building Portfolio
    Updated: May 28
    21-Unit Apartment Building Portfolio

    5211 Pocahontas Drive, Knoxville, TN 37914

    $2,695,000
    12,600 sqft
    21‑unit apartment portfolio totaling 12,600 square feet
    Each unit includes 2 bedrooms and 1 bathroom
    Interior remodels completed throughout the units
    Metal roofs and replacement of numerous HVAC systems
    Private decks and assigned parking for residents
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    17-Unit Brick Apartment Complex
    17-Unit Brick Apartment Complex

    5525 Jacksboro Pike, Knoxville, TN 37918

    $1,850,000
    13,728 sqft 0.62 AC lot

    Brick apartment property with one- and two-bedroom units, central HVAC, and updated windows.

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    See hot listings in Knoxville

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Renovated 5-Unit Apartment Buildings
    Renovated 5-Unit Apartment Buildings

    109/115 E Glenwood Ave, Knoxville, TN 37917

    $1,099,900
    4,907 sqft

    Two neighboring properties combine renovated interiors, private entrances, in-unit laundry, and off-street parking near Downtown Knoxville.

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    5-Unit Townhome Apartment Building
    5-Unit Townhome Apartment Building

    5216 Tillery Rd, Knoxville, TN 37912

    $775,000
    5,000 sqft 0.47 AC lot

    Two-story residences offer private patios, dedicated laundry rooms, and separately metered utilities.

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    5-Unit Short-Term Rental Property
    5-Unit Short-Term Rental Property

    109/115 E Glenwood Ave, Knoxville, TN 37917

    $1,099,900
    4,907 sqft 0.28 AC lot

    Two renovated neighboring buildings offer private entrances, in-unit laundry, and shared off-street parking near Downtown Knoxville.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    2818 Dayton St, Knoxville, TN 37921

    $779,900
    3,550 sqft

    Fully leased multifamily property with recent roof and main water line improvements.

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    14-Unit Brick Apartment Building
    14-Unit Brick Apartment Building

    706 E Inskip Dr, Knoxville, TN 37912

    $1,750,000
    8,400 sqft

    All-brick multifamily property with one-bedroom, one-bath apartments and a partially renovated unit mix.

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    7-Unit Apartment Building
    7-Unit Apartment Building

    311 Silver Place, Knoxville, TN 37917

    $999,950
    5,626 sqft

    Long-term rental property with central air, individual metering where applicable, and off-street parking.

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    Eight-Unit Apartment Property
    Eight-Unit Apartment Property

    711 Murray Drive, Knoxville, TN 37912

    $1,010,000
    3,256 sqft

    Two adjacent apartment buildings combine leased residences, on-site laundry, and renovation-ready units within a 1.32-acre property.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    5216 Tillery Rd, Knoxville, TN 37912

    $775,000
    5,000 sqft

    Two-story townhome-style units offer private patios, dedicated laundry rooms, and separately metered utilities.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    600 Radford Place, Knoxville, TN 37917

    $504,000
    3,618 sqft 0.29 AC lot

    Corner-lot rental property with off-street parking, updated utility systems, and hardwood flooring in the main-level units.

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    10-Bedroom Apartment Building
    10-Bedroom Apartment Building

    3706 Washington Pike, Knoxville, TN 37917

    $599,900
    3,500 sqft 0.96 AC lot

    Ranch-style property with multiple bedrooms, shared living areas, office space, laundry, and a covered rear porch.

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    17-Unit Brick Apartment Building
    17-Unit Brick Apartment Building

    5525 Jacksboro Pike, Knoxville, TN 37918

    $1,850,000
    13,728 sqft

    All-brick construction with a mixed one- and two-bedroom unit configuration.

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    8-Unit Apartment Building
    8-Unit Apartment Building

    8122 NW Elderberry Drive, Knoxville, TN 37919

    $1,249,900
    8,584 sqft

    Brick and block multifamily property with central HVAC, in-unit laundry connections, and off-street parking.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    2818 Dayton Street Northwest, Knoxville, TN 37921

    $779,900
    3,550 sqft

    Fully leased residential property with one-bedroom layouts, recent roofing, and convenient access to Knoxville employment and amenities.

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    Renovated One-Bedroom Apartment Building
    Renovated One-Bedroom Apartment Building

    3014 Forestdale Avenue, Knoxville, TN 37917

    $3,650,000

    Updated apartments near downtown Knoxville with separate kitchen and living areas and on-site expansion possibilities.

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    9-Unit Apartment Property
    9-Unit Apartment Property

    412 Watauga Drive, Knoxville, TN 37918

    $1,100,000

    North Knoxville asset includes a three-bedroom, two-bathroom residence with an attached garage and updated water and sewer lines.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Knoxville, TN, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    Off-Market Properties in Knoxville, TN

    Consider similar Off-Market properties in Knoxville, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    418 Gay St Ste, Unit 504
    GARDEN APT, COURT APT (5+ UNITS)

    418 Gay St Ste, Knoxville, TN 37902-1135

    Unit 504
    Estimated value:
    $250,000
    1,215 sqft
    View details
    1801 Lk Ave, Unit 211
    GARDEN APT, COURT APT (5+ UNITS)

    1801 Lk Ave, Knoxville, TN 37916-3025

    Unit 211
    Estimated value:
    $225,000
    1,170 sqft 0.03 AC lot
    View details
    531 Gay St, Unit 1002
    GARDEN APT, COURT APT (5+ UNITS)

    531 Gay St, Knoxville, TN 37902-1519

    Unit 1002
    Estimated value:
    $605,000
    1,036 sqft
    View details
    3001 Riv Towne Way, Unit 409
    GARDEN APT, COURT APT (5+ UNITS)

    3001 Riv Towne Way, Knoxville, TN 37920-2691

    Unit 409
    Estimated value:
    $285,000
    1,408 sqft
    View details
    603 Main St
    HIGH-RISE APARTMENTS

    603 Main St, Knoxville, TN 37902-2604

    Estimated value:
    $4,225,000
    112,131 sqft 0.98 AC lot
    View details
    200 Jackson Ave
    HIGH-RISE APARTMENTS

    200 Jackson Ave, Knoxville, TN 37902-1046

    Estimated value:
    $11,655,000
    4,500 sqft 0.17 AC lot
    View details

    Knoxville, TN Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Knoxville, TN, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 108,468 square feet of properties for sale, with an estimated market value of $24,118,300.

    Sale prices for apartment complexes in Knoxville, TN start at $504,000, averaging $1,339,905, and reaching up to $3,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 443K
    Population Growth (5Y) +8.2%
    Median Household Income $75,913
    College Educated 31.8%

    High-Yield Neighborhoods for Investment

    Identify Knoxville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37921 $779.9K
    37912 $1.1M
    37919 $1.2M
    37917 $1.4M
    37918 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 2.87%
    Property Tax per SF $35.10 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Knox County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Knox County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Knoxville fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Popular Searches in Knoxville, TN

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    Most Searched ZIP Codes in Knoxville, TN

    • 37917
    • 37912
    • 37918
    • 37921
    • 37914
    • 37919

    Featured Knoxville Real Estate Agencies

    Realmo connects you with licensed Knoxville CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Realty Executives Associates
    Realty Executives Associates, 3232 Tazewell Pike Knoxville, TN 37918
    Phone: 18656883232
    www.realtyexecutivesknoxville.com
    Wallace
    140 Major Reynolds Place Knoxville, TN 37919
    Phone: 18655844000
    www.wallacetn.com
    Keller Williams 865-966-5005
    11121 Kingston Pike, Suite C Knoxville, TN 37934
    Phone: 18659665005
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