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Remodeled Duplex with Basement
For Sale
Contact for pricing
Pending

3124 E 5th Ave, Knoxville, TN 37914

Two three-bedroom units feature refreshed kitchens, bathrooms, hardwood floors, and washer-dryer hookups.

Property SizeContact for details
Days on Market142

Property Features for 3124 E 5th Ave

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 1 x 3BR/1.5BA, 1 x 3BR/1BA
Multifamily Units 2

Amenities

washer and dryer hook ups
hardwood floors
basement for extra storage

Building Details

Buildings 1
Listing Agency: Realty Executives Associates
Listed By: Steve Smith · License #TN
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 4:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Associates

Investment Insights

Based on property information with market context.

This duplex at 3124 E 5th Ave in Knoxville includes two three-bedroom residences with distinct bath configurations: one has 1.5 baths and the other has one bath. Both units feature remodeled interiors, hardwood flooring, central air and heat, newer kitchens, updated bathrooms, and washer and dryer hookups. A basement provides additional storage space.

The property is fully leased, offering an occupied two-unit configuration. The central air and heat systems are approximately 5 to 6 years old, and the roof is approximately 5 years old. The residences are identified as 3122 and 3124.

Key Highlights

  • Fully leased duplex with two three‑bedroom units
  • 3122 includes 3 bedrooms and 1.5 baths; 3124 includes 3 bedrooms and 1 bath
  • Updated kitchens and bathrooms in both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Accounting Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby

Demographics for 37914, TN

20,587
Population
9,861
Households
2.1
Avg Household Size
43
Median Age
24%
College-Educated
89%
High-School Grad
39.7 sq mi
ZIP Area
519
Density / Sq Mi
$55,933
Median Household Income
$36,321
Median Earnings
$988
Median Rent
$204,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units feature refreshed kitchens, bathrooms, hardwood floors, and washer-dryer hookups.
Where is this duplex located?
The property is located at 3124 E 5th Ave Knoxville, TN.
What are key features of this property?
This property features: Fully leased duplex with two three‑bedroom units; 3122 includes 3 bedrooms and 1.5 baths; 3124 includes 3 bedrooms and 1 bath; Updated kitchens and bathrooms in both units
More about this property
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