Knox County, TN Multifamily Properties for Sale

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Updated: May 13

Brick Duplex With Two Separate Units

117 Atlantic Ave, Knoxville, TN 37917

$199,900

1,632 sqft

Brick duplex built in 1940 with approx. 1,632 SF
Two‑bedroom, one‑bath unit leased through Section 8
One‑bedroom, one‑bath unit currently vacant
Vinyl flooring with asphalt shingle roof
Heating includes natural gas options with central heat and space heaters

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This listing looks promising.

Here's a quick look at some key insights for

117 Atlantic Ave, Knoxville, TN 37917

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Est. Cap Rate

8%
Above avg (5.9%)
Est. NOI

$16K
Annual
Price @ 7% Cap

$227K
Above asking
Property Type

Single Family Residential
Built 1940

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Updated: Jul 31

5-Unit Townhome Apartment Building

5216 Tillery Rd, Knoxville, TN 37912

$775,000

5,000 sqft 0.47 AC lot

5‑unit apartment property with townhome‑style residences
Each unit includes 2 bedrooms and 1.5 bathrooms
5,000 square feet on a 0.47‑acre site
Built in 1972; further updating is noted
Separate utility metering for each unit

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5-Unit Short-Term Rental Property

109/115 E Glenwood Ave, Knoxville, TN 37917

$1,099,900

4,907 sqft 0.28 AC lot

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

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Two-Building Apartment Property

1412-1418 Armstrong Ave, Knoxville, TN 37917

$1,624,950

8,514 sqft

Residential asset with furnished apartments, on-site laundry, and individual HVAC in much of the property.

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7-Unit Apartment Building

311 Silver Pl, Knoxville, TN 37917

$999,950

5,626 sqft

Long-term rental configuration with RN-4 zoning in North Knoxville.

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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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Historic Duplex with Dual 2-Bedroom Units

812 N 4th Ave, Knoxville, TN 37917

$774,900

3,177 sqft 0.17 AC lot

Remodeled in 2019 with preserved architectural details, updated bathrooms, and modern interior finishes.

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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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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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1920 Fourplex with Balconies

903 Luttrell St, Knoxville, TN 37917

$865,000

5,608 sqft 0.17 AC lot

Four spacious units feature original woodwork, central HVAC, laundry hookups, and separate rear access from the upper residences.

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Two-Home Multifamily Property

4127/4129 Crippen Rd, Knoxville, TN 37918

$500,000

2,296 sqft 4.28 AC lot

Two residences are prepared for new tenants, with a third utility hookup available.

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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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Newer Duplex with Separate Driveways

123/125 S Chestnut St, Knoxville, TN 37914

$524,900

2,428 sqft 0.18 AC lot

Two residential units offer main-level primary bedrooms, modern finishes, and independent off-street parking.

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Short-Term Rental Duplex

6628 Greer Rd, Knoxville, TN 37918

$475,000

2,376 sqft 0.62 AC lot

Two furnished units offer separate utilities, kitchens, HVAC systems, and laundry connections for flexible residential use.

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New Construction Duplex

3215 Johnston St, Knoxville, TN 37921

$569,900

2,900 sqft

Two three-bedroom residences feature flexible layouts with private primary suites and open-concept main living areas.

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Historic Triplex with Unfinished Unit

123 E Springdale Ave, Knoxville, TN 37917

$260,000

1,956 sqft 0.17 AC lot

Commercially zoned property with separate electric meters and a newer roof near Knoxville’s Happy Holler district.

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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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Duplex Property

2350 Parkview Ave, Knoxville, TN 37917

$550,000

6,011 sqft

This duplex property was constructed in 2026.

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7-Unit Multifamily Property

311 Silver Place, Knoxville, TN 37917

$999,950

5,626 sqft

RN-4 zoned 7-unit multifamily with porch, metal roof, and central electric heat and central air.

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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 Multifamily Property

1607 Queen Anne Way, Knoxville, TN 37916

$2,425,000

5,250 sqft

Five units are leased through the 2026–27 school year, offering a defined lease horizon for the property.

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Triplex With Updated Interior Finishes

2703 Bridalwood Drive, Knoxville, TN 37917

$400,000

2,682 sqft 0.26 AC lot

Triplex with three rental units and recent interior updates including fresh paint and new carpet throughout.

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Brick Duplex with Vacant Unit

117 Atlantic Avenue, Knoxville, TN 37917

$225,000

1,632 sqft

Two-unit residential income property with one leased residence and a second unit available for occupancy or new tenancy.

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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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Knox County, TN Multifamily Properties Market Trends and Statistics

Explore 86 multifamily properties for sale in Knox County, TN, showcased through 86 active listings on our real estate platform. These investment opportunities span a total of 394,420 square feet of properties for sale, with an estimated market value of $55,218,949.

Sale prices for multifamily properties in Knox County, TN start at $175,000, averaging $849,522, and reaching up to $6,800,000 — 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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