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    Knoxville, TN Apartment Buildings for Sale

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    5-Unit Short-Term Rental Property
    Updated: Aug 20
    5-Unit Short-Term Rental Property

    109/115 E Glenwood Ave, Knoxville, TN 37917

    $1,099,900
    4,907 sqft 0.28 AC lot
    Five units across two neighboring properties at 109 & 115 E Glenwood Ave
    4,907 square feet on 0.28 acres; constructed in 1920
    109 E Glenwood Ave is a commercially zoned triplex
    Four units previously operated as short‑term rentals; one operated as a long‑term rental
    Non‑owner‑occupied short‑term rental permit obtained for the triplex, subject to applicable regulations
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    Two-Building Apartment Property
    Updated: May 28
    Two-Building Apartment Property

    1412-1418 Armstrong Ave, Knoxville, TN 37917

    $1,624,950
    8,514 sqft
    12 total units across two apartment buildings on one deeded lot
    8,514 square feet combined building area
    1418 Armstrong Ave includes four fully furnished apartments
    1412 Armstrong Ave offers eight 1‑bedroom, 1‑bath units with separate meters and individual HVAC
    On‑site laundry facility plus off‑street and on‑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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    See what stands out in Knox County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    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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    Two-Bedroom Apartment Portfolio
    Two-Bedroom Apartment Portfolio

    5211 Pocahontas Drive, Knoxville, TN 37914

    $2,950,000
    12,600 sqft

    21-unit multifamily portfolio with remodeled interiors, updated HVACs, and in-unit washer/dryer connections for consistent tenant livability.

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    6-Plex Apartment Building with Updated Systems
    6-Plex Apartment Building with Updated Systems

    2818 Dayton St, Knoxville, TN 37921

    $779,900
    3,550 sqft

    Fully occupied 6-plex with all six 1 bed/1 bath units, brick construction, and off-street parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    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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    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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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    310 Gilbert Lane, Knoxville, TN 37920

    $700,000
    4,611 sqft 0.56 AC lot

    Fully leased multifamily property with refreshed interiors in four residences and central HVAC throughout.

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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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    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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    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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    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    8122 NW Elderberry Drive, Knoxville, TN 37919

    $1,249,900
    8,584 sqft

    Corner-lot eight-unit apartment complex with central HVAC, washer/dryer connections, and off-street parking.

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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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    All-Brick 6-Plex Investment
    All-Brick 6-Plex Investment

    410 Dry Gap Pike, Knoxville, TN 37912

    $824,000

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

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    Furnished Townhome-Style Multifamily
    Furnished Townhome-Style Multifamily

    1807 Logan Ave, Knoxville, TN 37921

    Contact for pricing
    9,000 sqft

    Three townhomes offer six furnished units, each with two bedrooms and private bathrooms.

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    New Knoxville Townhome Community
    New Knoxville Townhome Community

    4109 Pleasant Ridge Rd, Knoxville, TN 37912

    Contact for pricing
    120,224 sqft

    Newly built 68-unit townhouse community near Downtown Knoxville.

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    20-Unit Multifamily Apartment Building
    20-Unit Multifamily Apartment Building

    2114 Washington Ave, Knoxville, TN 37917

    Contact for pricing
    9,652 sqft

    A 20-unit multifamily property with all-concrete block and brick construction and a recently repainted exterior.

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    Renovated 16-Unit Apartment Building
    Renovated 16-Unit Apartment Building

    2630 Larkwood Ln, Knoxville, TN 37921

    Contact for pricing

    Sixteen renovated one-bedroom apartments feature new mini-split HVAC systems and updated interiors.

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    Vacant Mixed-Use Redevelopment Building
    Vacant Mixed-Use Redevelopment Building

    609 N Central St, Knoxville, TN 37917

    Contact for pricing

    Vacant mixed-use building with architectural plans to create residential units plus retail/restaurant space and on-site parking lots.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Knoxville, TN, we suggest to view alternatives - similar 50 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
    $250,000
    Estimated value
    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
    $225,000
    Estimated value
    1,170 sqft 0.03 AC lot
    View details

    Knoxville, TN Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Knoxville, TN, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 216,099 square feet of properties for sale, with an estimated market value of $20,522,300.

    Sale prices for two-family homes in Knoxville, TN start at $504,000, averaging $1,207,194, 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
    37920 $700K
    37912 $846K
    37924 $997K
    37921 $1.1M
    37919 $1.2M

    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 pricing trends across core commercial property types in Knox County

    Retail

    Residential Income

    Property Size Breakdown

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

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    Popular Searches in Knoxville, TN

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    Most Searched ZIP Codes in Knoxville, TN

    • 37917
    • 37912
    • 37921
    • 37914
    • 37918
    • 37919
    • 37920

    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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