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    Knoxville, TN Apartment Buildings for Sale

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    Louisville, TN Powell, TN Rockford, TN
    13 results
    Five-Unit Multifamily Investment Opportunity
    $504,000
    3,618 SF
    Five-Unit Multifamily Investment Opportunity

    600 Radford Place, Knoxville, TN 37917

    Five-unit rental property near Downtown and University of Tennessee.
    • High Gross Income: Property grossed over $47,520 in 2025.
    • Updated Systems: Electrical and plumbing systems updated in 2025, including new water heaters and separate water meters for each unit.
    • Prime Location: Situated in Lincoln Park near Downtown and the University of Tennessee, with convenient access to restaurants, schools, churches, and shopping.
    • Ample Parking & Storage: Features off‑street parking and a large rear storage building.
    • Low Maintenance: Includes low‑maintenance siding and a newer roof.
    Updated: May 21
    View details
    Two-Building Multifamily with Furnished Units
    $1,774,950
    8,514 SF
    Two-Building Multifamily with Furnished Units

    1412-1418 Armstrong Ave, Knoxville, TN 37917

    Twelve-unit multifamily on one deeded lot with furnished units and separate HVAC, offering flexible rental terms under RN4.
    • Two multi‑unit properties on one deeded lot: 1412 & 1418 Armstrong Ave, with 12 total units across both buildings.
    • Zoned RN4; rental terms require 30‑day minimums unless one unit is used for STR with an owner‑occupied purchase (per remarks).
    • 1418 Armstrong Ave: 4 fully furnished units—two 3BR/1.5BA (full kitchens, shared HVAC) plus two 1BR/1BA with private HVAC.
    • 1412 Armstrong Ave: 8 one‑bedroom, one‑bath units, each separately metered with individual HVAC systems.
    • On‑site laundry facility provided for residents.
    Updated: May 28
    View details
    Knoxville Multifamily Investment Opportunity
    $3,199,000
    12,600 SF
    Knoxville Multifamily Investment Opportunity

    21-unit portfolio near downtown Knoxville with recent upgrades.

    5211 Pocahontas Drive, Knoxville, TN 37914

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    Knoxville 6-Plex Investor Special
    $779,900
    3,550 SF
    Knoxville 6-Plex Investor Special

    Fully occupied 6-unit building near Downtown Knoxville with immediate cashflow.

    2818 Dayton St, Knoxville, TN 37921

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    Knoxville Multifamily Investment Opportunity
    $999,950
    5,626 SF
    Knoxville Multifamily Investment Opportunity

    Seven-unit multifamily property in North Knoxville, ideal for owner-operator.

    311 Silver Place, Knoxville, TN 37917

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    Knoxville Land Zoned RN-4
    $997,000
    5.38 Acres
    Knoxville Land Zoned RN-4

    Land suitable for multi-family or apartments near amenities.

    1717 Loves Creek Rd, Knoxville, TN 37924

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    Knoxville Multifamily Investment Opportunity
    $675,000
    5,200 SF
    Knoxville Multifamily Investment Opportunity

    Eight-unit apartment community with Housing Assistance Payments contract.

    1903 Piney Grove Church Road, Knoxville, TN 37909

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    Knoxville Rancher with 10 Bedrooms
    $599,900
    3,500 SF
    Knoxville Rancher with 10 Bedrooms

    Rancher with 10 bedrooms, 4 baths, and covered porch.

    3706 Washington Pike, Knoxville, TN 37917

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    Two-Bedroom Apartment Unit Portfolio
    $3,199,000
    12,600 SF
    Two-Bedroom Apartment Unit Portfolio

    21 identical, remodeled units with in-unit washer/dryer connections, private decks, and assigned parking for consistent tenant setup.

    5211 Pocahontas Drive, Knoxville, TN 37914

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    All-Brick 6-Plex Investment
    $849,000
    All-Brick 6-Plex Investment

    Professionally managed all-brick six-unit property with updated units, off-street parking, and select balconies.

    410 Dry Gap Pike, Knoxville, TN 37912

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    New Knoxville Townhome Community
    Contact for pricing
    120,224 SF
    New Knoxville Townhome Community

    Newly built 68-unit townhouse community near Downtown Knoxville.

    4109 Pleasant Ridge Rd, Knoxville, TN 37912

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    Multifamily Asset in Knoxville Submarket
    Contact for pricing
    Multifamily Asset in Knoxville Submarket

    44-unit multifamily asset in a rapidly revitalizing Knoxville submarket.

    2300 Davenport Rd |, Knoxville, TN 37920

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    Knoxville Multifamily Property For Sale
    $1,499,900
    8,584 SF
    Knoxville Multifamily Property For Sale

    Eight-unit multifamily property built in 2006, near West Town Mall.

    8122 NW Elderberry Drive, Knoxville, TN 37919

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 13 Active listings in Knoxville, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Sevierville Multifamily Investment Opportunity
    $1,400,000
    9,599 SF
    Sevierville Multifamily Investment Opportunity

    Two fully occupied multifamily properties in Sevierville, Tennessee.

    1170 Von Cannon Lane, Sevierville, TN 37876

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    Approved Development Site in Maryville
    $440,000
    2.67 Acres
    Approved Development Site in Maryville

    Approved development site for 16 condos in Maryville, Tennessee.

    1802 Jett Rd, Maryville, TN 37804

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    Maryville Townhouse Units For Sale
    $2,500,000
    12,804 SF
    Maryville Townhouse Units For Sale

    Twelve townhouse units in booming Maryville, Tennessee.

    102 Asbury Way, Maryville, TN 37804

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    Sevierville Multifamily Investment Opportunity
    $1,600,000
    9,599 SF
    Sevierville Multifamily Investment Opportunity

    Two fully occupied multifamily properties in Sevierville, Tennessee.

    1170 Von Cannon Ln, Sevierville, TN 37876

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607

    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details

    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)
    1,215 SF Lot: 0.00 Acres
    Value Estimation by Request
    Unit 504

    418 Gay St Ste, Knoxville, TN 37902-1135

    View details
    1801 Lk Ave, Unit 211
    GARDEN APT, COURT APT (5+ UNITS)
    1,170 SF Lot: 0.03 Acres
    Value Estimation by Request
    Unit 211

    1801 Lk Ave, Knoxville, TN 37916-3025

    View details
    531 Gay St, Unit 1002
    GARDEN APT, COURT APT (5+ UNITS)
    1,036 SF
    Estimated value
    $590,000
    Unit 1002

    531 Gay St, Knoxville, TN 37902-1519

    View details
    3001 Riv Towne Way, Unit 409
    GARDEN APT, COURT APT (5+ UNITS)
    1,408 SF
    Value Estimation by Request
    Unit 409

    3001 Riv Towne Way, Knoxville, TN 37920-2691

    View details
    603 Main St
    HIGH-RISE APARTMENTS
    112,131 SF Lot: 0.98 Acres
    Value Estimation by Request

    603 Main St, Knoxville, TN 37902-2604

    View details
    200 Jackson Ave
    HIGH-RISE APARTMENTS
    4,500 SF Lot: 0.17 Acres
    Value Estimation by Request

    200 Jackson Ave, Knoxville, TN 37902-1046

    View details
    1735 Lk Ave, Unit 404
    GARDEN APT, COURT APT (5+ UNITS)
    1,000 SF
    Value Estimation by Request
    Unit 404

    1735 Lk Ave, Knoxville, TN 37916-3035

    View details
    810 Tapestry Way
    APARTMENT HOUSE (UNDER 5 UNITS)
    28,272 SF Lot: 12.28 Acres
    Value Estimation by Request

    810 Tapestry Way, Knoxville, TN 37932-3521

    View details
    1735 Lk Ave, Unit 607
    GARDEN APT, COURT APT (5+ UNITS)
    1,000 SF
    Value Estimation by Request
    Unit 607

    1735 Lk Ave, Knoxville, TN 37916-3038

    View details
    1004 Game Day Way, Unit 203
    GARDEN APT, COURT APT (5+ UNITS)
    594 SF Lot: 0.01 Acres
    Value Estimation by Request
    Unit 203

    1004 Game Day Way, Knoxville, TN 37902-3000

    View details
    140 Glenwood Ave, Unit 109
    GARDEN APT, COURT APT (5+ UNITS)
    1,005 SF
    Value Estimation by Request
    Unit 109

    140 Glenwood Ave, Knoxville, TN 37917-5777

    View details

    Knoxville, TN Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Knoxville, TN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 42,678 square feet of properties for sale, with an estimated market value of $8,257,650.

    Sale prices for two-family homes in Knoxville, TN start at $504,000, averaging $1,179,664, and reaching up to $3,199,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    37909 $675K
    37917 $701.3K
    37921 $779.9K
    37924 $997K
    37919 $1.5M

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

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    Most Searched ZIP Codes in Knoxville, TN

    • 37917
    • 37909
    • 37912
    • 37914
    • 37919
    • 37920
    • 37921
    • 37924

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