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    Knoxville, TN
    Apartment Building

    Knoxville, TN Apartment Buildings for Sale

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    Found 17 apartment building listings for sale in Knoxville, TN, averaging $190/sq ft. Use valuation data to compare deals faster.
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    Eight-Unit Apartment Property
    Updated: Aug 27
    Eight-Unit Apartment Property

    711 Murray Drive, Knoxville, TN 37912

    $960,000
    3,256 sqft
    Eight units across two adjacent four‑unit apartment buildings
    Unit mix includes four 2BR/1BA and four 1BR/1BA residences
    Combined property spans 1.32 acres
    711 Murray Drive is fully leased and includes on‑site laundry
    719 Murray Drive has one unit under a one‑year lease and three cleared, primed units
    View details
    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
    View details
    21-Unit Apartment Building
    21-Unit Apartment Building

    5211 Pocahontas Drive, Knoxville, TN 37914

    $2,495,000
    21 units  12,600 sqft  Built 1982
    8.6% cap rate / $215,000 NOI  $1,415/mo avg rent  Highway access

    All residences offer two-bedroom, one-bath layouts with washer and dryer connections and balcony decks.

    21 x 2BR/1BA  Washer and dryer connections  Balcony decks  Parking
    View details
    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
    Six-Unit Historic Apartment Building
    Six-Unit Historic Apartment Building

    1205 Clinch Ave, Knoxville, TN 37916

    $1,300,000
    6 units  3,767 sqft  Built 1910
    Transit access

    Six one-bedroom apartments are located within walking distance of the University of Tennessee.

    6 x 1BR
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    Apartment Building with Rear Structure
    Apartment Building with Rear Structure

    457 Cedar Ave, Knoxville, TN 37917

    $445,000
    4 units  3,500 sqft  2 buildings  Built 1930  0.34 acres

    Four rental spaces share the main building, with a separate structure behind it.

    View details
    17-Unit Brick Apartment Complex
    17-Unit Brick Apartment Complex

    5525 Jacksboro Pike, Knoxville, TN 37918

    $1,850,000
    17 units  13,728 sqft  Built 1976  brick  0.62 acres
    Highway access  Transit access

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

    16 x 2BR  1 x 1BR
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    5-Unit Townhome Apartment Building
    5-Unit Townhome Apartment Building

    5216 Tillery Rd, Knoxville, TN 37912

    $775,000
    5 units  5,000 sqft  2-story  Built 1972  0.47 acres  Multi-tenant
    100% occupied  Transit access

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

    5 x 2BR/1.5BA
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    14-Unit Brick Apartment Building
    14-Unit Brick Apartment Building

    706 E Inskip Dr, Knoxville, TN 37912

    $1,750,000
    14 units  8,400 sqft  Built 1979  all-brick
    $65/mo avg rent  Highway access

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

    14 x 1BR/1BA
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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
    5 units  4,907 sqft  2 buildings  Built 1920  0.28 acres
    $146,693 gross income  commercially zoned

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

    12 spaces
    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    2818 Dayton St, Knoxville, TN 37921

    $779,900
    6 units  3,550 sqft  Built 1969
    100% occupied  Highway access

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

    6 x 1BR/1BA
    View details
    20-Unit Brick Apartment Property
    20-Unit Brick Apartment Property

    3100 E Governor John Sevier Hwy, Knoxville, TN 37914

    $3,100,000
    20 units  23,250 sqft  5 buildings  Built 1974  all-brick
    Highway access  Road access

    Five buildings contain two-bedroom townhomes, with 14 units renovated and residents paying their own utilities.

    20 x 2BR/1.5BA
    View details
    7-Unit Apartment Building
    7-Unit Apartment Building

    311 Silver Place, Knoxville, TN 37917

    $999,950
    7 units  5,626 sqft  Built 1899
    RN-4

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

    Utilities to site
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    5-Unit Apartment Building
    5-Unit Apartment Building

    600 Radford Place, Knoxville, TN 37917

    $504,000
    5 units  3,618 sqft  Built 1910  0.29 acres

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

    Utilities to site
    View details
    Renovated One-Bedroom Apartment Building
    Renovated One-Bedroom Apartment Building

    3014 Forestdale Avenue, Knoxville, TN 37917

    $3,650,000
    Built 1970

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

    View details
    10-Bedroom Apartment Building
    10-Bedroom Apartment Building

    3706 Washington Pike, Knoxville, TN 37917

    $599,900
    3,500 sqft  Built 1988  0.96 acres  Multi-tenant

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

    Dining Area  Kitchen  Office  Laundry Room  Covered Back Porch
    View details
    8-Unit Apartment Building
    8-Unit Apartment Building

    8122 NW Elderberry Drive, Knoxville, TN 37919

    $1,249,900
    8 units  8,584 sqft  Built 2006
    Road access

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

    7 x 2BR/2BA  1 x 2BR/1BA  Stoves  Refrigerators  Dishwashers  Central HVAC  Washer/dryer connections
    View details
    9-Unit Apartment Property
    9-Unit Apartment Property

    412 Watauga Drive, Knoxville, TN 37918

    $1,100,000
    9 units  Built 1969
    $1,057/mo avg rent

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

    View details
    17 active listings match your search: Apartment Building for sale in Knoxville, TN. Based on your search, we've also compiled 55 Potential Opportunities for your consideration: 55 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
    1735 Lk Ave, Unit 404
    GARDEN APT, COURT APT (5+ UNITS)

    1735 Lk Ave, Knoxville, TN 37916-3035

    Unit 404
    Estimated value:
    $425,000
    1,000 sqft
    View details

    Knoxville, TN Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Knoxville, TN, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 111,800 square feet of properties for sale, with an estimated market value of $24,208,500.

    Sale prices for apartment complexes in Knoxville, TN start at $445,000, averaging $1,424,029, 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
    37917 $1.2M
    37919 $1.2M
    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 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.

    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
    • 37919
    • 37914
    • 37916
    • 37921

    Featured Knoxville Real Estate Agencies

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

    Southland Brokers
    244 N. Peters Road Knoxville, TN 37923
    Phone: (865) 235-8655
    southlandlandbrokers.com/
    Realty Executives Associates
    Realty Executives Associates, 3232 Tazewell Pike Knoxville, TN 37918
    Phone: (865) 688-3232
    www.realtyexecutivesknoxville.com
    Wallace
    140 Major Reynolds Place Knoxville, TN 37919
    Phone: (865) 584-4000
    www.wallacetn.com
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