Knox County, TN Multifamily Properties for Sale

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Updated: Jun 29

Multi-Family Property with Unfinished Unit

123 E Springdale Ave, Knoxville, TN 37917

$265,000

1,956 sqft 0.17 AC lot

Multi‑family property includes a historic home built in 1915 with vinyl siding, block, and frame construction
Zoned commercial and features a layout with 4 units total, including one unfinished fourth unit on the upper floor
Each dwelling has a dedicated electric meter for independent utility usage
Central air cooling; heating includes natural gas, heat pump, and electric heating
Newer shingle roof reported; vinyl flooring throughout

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This listing looks promising.

Here's a quick look at some key insights for

123 E Springdale Ave, Knoxville, TN 37917

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Est. Cap Rate

7.2%
Above avg (5.9%)
Est. NOI

$19K
Annual
Price @ 7% Cap

$273K
Above asking
Property Type

Single Family Residence
Built 1915

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Updated: May 28

Two-Property Multifamily Investment

1412-1418 Armstrong Ave, Knoxville, TN 37917

$1,699,950

8,514 sqft

12 total units across two multi‑unit buildings offered together at 1412 & 1418 Armstrong Ave on one deeded lot
1412 Armstrong Ave: eight 1‑bedroom, 1‑bath units, each separately metered with individual HVAC systems
1418 Armstrong Ave: four furnished units, including two 3‑bedroom 1.5‑bath units and two 1‑bedroom 1‑bath units with private HVAC
Rental flexibility: one unit could be STR if owner occupied; otherwise all units require 30‑day minimum rentals
On‑site laundry facility included

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Five-Unit Multifamily Investment Opportunity

600 Radford Place, Knoxville, TN 37917

$504,000

3,618 sqft 0.29 AC lot

Five-unit rental property near Downtown and University of Tennessee.

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Fully Leased 4-Plex Income Property

2828 NE Colt Drive, Knoxville, TN 37918

$595,000

4,727 sqft 0.38 AC lot

Four occupied units with in-unit washer and dryer hookups and separate HVAC systems, plus dedicated storage rooms in the basement.

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Knoxville Multifamily Investment Opportunity

1903 Piney Grove Church Road, Knoxville, TN 37909

$675,000

5,200 sqft

Eight-unit apartment community with Housing Assistance Payments contract.

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Fully Leased Four-Plex Investment

2816 NE Colt Drive, Knoxville, TN 37918

$595,000

4,773 sqft 0.37 AC lot

Four 2-bedroom units with private laundry hookups and month-to-month leases, tenant-paid utilities, and on-site parking.

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New Construction Duplex with Two Units

2546 Selma Ave, Knoxville, TN 37914

$574,900

3,200 sqft

New construction duplex offering two 3-bedroom, 3-bath units with covered front porches and private outdoor space.

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Knoxville Multifamily Investment Opportunity

4127/4129 Crippen Rd, Knoxville, TN 37918

$500,000

2,296 sqft 4.28 AC lot

Two homes plus hookup on 4.28 acres in Knoxville.

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Two-Bedroom Apartment Unit Portfolio

5211 Pocahontas Drive, Knoxville, TN 37914

$3,199,000

12,600 sqft

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

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Charming Historic Fourth & Gill 4-Plex

903 Luttrell St, Knoxville, TN 37917

$795,000

5,608 sqft 0.17 AC lot

Spacious 4-unit property with original charm in historic neighborhood.

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Airbnb Duplex with Dual Kitchens

6628 Greer Rd, Knoxville, TN 37918

$499,500

2,376 sqft 0.62 AC lot

A duplex configured as two fully equipped units with separate HVAC and utilities, plus a fenced backyard and screened porch.

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Turnkey Duplex Short-Term Rental

6628 Greer Rd, Knoxville, TN 37918

$545,000

2,376 sqft

Duplex configured for flexible group stays, with separate utilities and HVAC plus abundant parking and outdoor living space.

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Newer Duplex with Separate Parking

123/125 S Chestnut St, Knoxville, TN 37914

$534,900

2,428 sqft 0.18 AC lot

Nearly new duplex with separate driveways, modern finishes, and one unit currently leased while the other is vacant.

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Commercially Zoned Four-Plex

3206 East Magnolia Avenue, Knoxville, TN 37914

$275,000

2,928 sqft

Four distinct rental units on commercially zoned land, offering residential income with development flexibility.

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Three-Unit Residential Income Property

2703 Bridalwood Drive, Knoxville, TN 37917

$400,000

2,682 sqft 0.26 AC lot

Three rental units with recent interior updates are offered in as-is condition for an owner-occupant or investor.

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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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West Knoxville Duplex Investment Opportunity

1234 Park Hill Circle, Knoxville, TN 37909

$499,000

2,176 sqft

Well-maintained duplex in West Knoxville with long-term rental history.

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Knoxville Multifamily Investment Opportunity

1422 Tipton Station Rd, Knoxville, TN 37920

$499,900

1,859 sqft 2.80 AC lot

Two homes on 2.8 acres, income potential in South Knoxville.

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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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Knoxville 6-Plex Investor Special

2818 Dayton St, Knoxville, TN 37921

$779,900

3,550 sqft

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

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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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Knoxville Multifamily Investment Opportunity

6435 Hubert Bean Rd, Knoxville, TN 37918

$374,900

3,330 sqft 2.86 AC lot

2.86 acres with 3 manufactured homes, expansion potential.

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Historic Knoxville Fourplex Investment Opportunity

605 Gill Ave, Knoxville, TN 37917

$735,000

3,164 sqft

Fourplex in historic district near downtown Knoxville with steady income.

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Knoxville Duplex in Halls Crossroads

4352 McCloud Rd, Knoxville, TN 37938

$749,000

4,420 sqft

All-brick duplex in Halls Crossroads with tenant and conversion potential.

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Knox County, TN Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Knox County, TN, showcased through 45 active listings on our real estate platform. These investment opportunities span a total of 174,706 square feet of properties for sale, with an estimated market value of $32,825,199.

Sale prices for multifamily properties in Knox County, TN start at $215,000, averaging $965,447, and reaching up to $3,800,000 — 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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