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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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    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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    Historic Duplex with Dual 2-Bedroom Units
    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
    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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    1920 Fourplex with Balconies
    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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    2025 Two-Unit Duplex Townhomes
    2025 Two-Unit Duplex Townhomes

    1619 Francis Road, Knoxville, TN 37909

    $619,000
    2,560 sqft 0.50 AC lot

    Two residential units offer en-suite bedrooms, walk-in closets, and modern kitchen finishes.

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    Two-Home Multifamily Property
    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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    Newer Duplex with Separate Driveways
    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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    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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    Short-Term Rental Duplex
    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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    Historic Triplex with Unfinished Unit
    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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    All-Brick Duplex with Garages
    All-Brick Duplex with Garages

    4352 McCloud Road, Knoxville, TN 37938

    $749,000
    4,420 sqft

    Two three-bedroom units offer private garages, spacious living areas, full kitchens, and large yard space.

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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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    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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    Updated Duplex with Fireplace
    Updated Duplex with Fireplace

    2430 Parkview Ave, Knoxville, TN 37917

    $300,000
    2,231 sqft

    Two-unit property with one leased residence and a vacant upper apartment.

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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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    Duplex Property
    Duplex Property

    2350 Parkview Ave, Knoxville, TN 37917

    $550,000
    6,011 sqft

    This duplex property was constructed in 2026.

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    Brick Duplex With Two Separate Units
    Brick Duplex With Two Separate Units

    117 Atlantic Ave, Knoxville, TN 37917

    $199,900
    1,632 sqft

    Brick duplex with two separate units, including a two-bedroom unit leased via Section 8 and a vacant one-bedroom unit.

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    Two-Building Apartment Property
    Two-Building Apartment Property

    1412 Armstrong Avenue, Knoxville, TN 37917

    $1,799,950
    8,514 sqft

    The property combines furnished apartments, separately metered units, individual HVAC systems, and on-site laundry.

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    Triplex With Updated Interior Finishes
    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
    Brick Duplex with Vacant Unit

    117 Atlantic Avenue, Knoxville, TN 37917

    $199,900
    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
    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.

    View details

    Knoxville, TN Multifamily Properties Market Trends and Statistics

    Explore 79 multifamily properties for sale in Knoxville, TN, showcased through 79 active listings on our real estate platform. These investment opportunities span a total of 373,297 square feet of properties for sale, with an estimated market value of $48,202,999.

    Sale prices for multifamily properties in Knoxville, TN start at $175,000, averaging $831,086, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 35
    Apartment buildings 27
    Quadplexes 14
    Short term rental properties 11
    Triplexes 5

    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
    37923 $550K
    37915 $550K
    37909 $619K
    37921 $713.5K
    37938 $749K

    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
    • 37914
    • 37921
    • 37918
    • 37920
    • 37912
    • 37915
    • 37922
    • 37923
    • 37938
    • 37909
    • 37916

    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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