Residential Income

Knoxville, TN Residential Income Properties for Sale

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4-Unit Quadplex
Updated: Oct 20
4-Unit Quadplex

9105 Woodpark Lane, Knoxville, TN 37923

$699,900
5,656 sqft 0.25 AC lot
Four units totaling 5,656 square feet
Unit mix: two 2‑bedroom, 2‑bath residences and two 3‑bedroom, 2.5‑bath residences
100% occupied
0.25‑acre site in Creekwood Subdivision, just off Cedar Bluff Road
Built in 1978; recent renovations and updates
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New Construction Duplex
Updated: Sep 28
New Construction Duplex

5361/5259 Inskip Rd, Knoxville, TN 37912

$699,999
3,200 sqft
3,200 square feet; year built: 2026
Two‑story duplex with two separate residences
Each side has 3 bedrooms, 2.5 bathrooms, and an attached one‑car garage
Dedicated utilities and separate mailing/house numbers for each residence
Each home includes an upstairs living area and dedicated laundry room
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12-Unit Apartment Property
12-Unit Apartment Property

1412-1418 Armstrong Ave, Knoxville, TN 37917

$1,549,950
8,514 sqft

Two buildings share one deeded lot, with on-site laundry and a mix of unit layouts.

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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
8-Unit Multifamily Property
8-Unit Multifamily Property

711 Murray Drive, Knoxville, TN 37912

$1,010,000
3,256 sqft 1.32 AC lot

Two neighboring four-unit buildings combine leased residences with three units prepared for interior completion and leasing.

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4-Unit Multifamily Renovation
4-Unit Multifamily Renovation

2534 Parkview Ave, Knoxville, TN 37914

$185,000
5,724 sqft 0.14 AC lot

The interior is stripped to the studs, with floorplans for four two-bedroom, one-bathroom residences.

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21-Unit Apartment Building Portfolio
21-Unit Apartment Building Portfolio

5211 Pocahontas Drive, Knoxville, TN 37914

$2,695,000
12,600 sqft

Remodeled two-bedroom apartments offer private decks, assigned parking, and in-unit laundry connections.

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Updated Duplex
Updated Duplex

1230 April Drive, Knoxville, TN 37919

$499,900
1,895 sqft 0.47 AC lot

One residence is leased through June 2027, while the second is vacant.

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New Construction Duplex
New Construction Duplex

5361/5259 Inskip Rd, Knoxville, TN 37912

$699,999
3,200 sqft

Two separately serviced residences each offer private access, a garage, and a two-story layout.

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Two-Unit Duplex with Covered Porch
Two-Unit Duplex with Covered Porch

2310 E Glenwood Ave, Knoxville, TN 37917

$349,900
1,392 sqft

Tenant occupancy is in place, with hardwood flooring, central air, and off-street parking.

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Two-Unit Duplex with Garages
Two-Unit Duplex with Garages

4806 Central Avenue Pike, Knoxville, TN 37912

$275,000
1,325 sqft 0.41 AC lot

Side-by-side residential units offer separate living arrangements with garage and off-street parking.

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12-Unit Apartment Property
12-Unit Apartment Property

1412-1418 Armstrong Ave, Knoxville, TN 37917

$1,549,950
8,514 sqft

Two buildings on one deeded lot offer furnished apartments, individual HVAC systems, and an on-site laundry facility.

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Historic Duplex Short-Term Rental
Historic Duplex Short-Term Rental

812 N 4th Ave, Knoxville, TN 37917

$774,900
3,177 sqft 0.17 AC lot

The two-unit property is operating as a short-term rental and has commercial zoning.

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3-Unit Triplex with Expansion Space
3-Unit Triplex with Expansion Space

123 E Springdale Ave, Knoxville, TN 37917

$259,999
1,956 sqft 0.17 AC lot

Three apartments are complemented by unfinished upper-level space that may accommodate another unit, subject to approvals.

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21-Unit Multifamily Portfolio
21-Unit Multifamily Portfolio

5211 Pocahontas Drive, Knoxville, TN 37914

$2,695,000
12,600 sqft

Each residence has a two-bedroom layout, a private deck, and in-unit laundry connections.

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Renovated Duplex
Renovated Duplex

5800 Fountain Rd, Knoxville, TN 37918

$425,000
1,872 sqft 0.45 AC lot

Both apartments are vacant and configured with two bedrooms and one bathroom, offering flexibility for occupancy or leasing.

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Duplex with Separate Driveways
Duplex with Separate Driveways

123/125 S Chestnut St, Knoxville, TN 37914

$509,900
2,428 sqft 0.18 AC lot

Separate driveways provide independent access for each residential unit.

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Brick Quadplex
Brick Quadplex

4808 Cannon Ridge Drive, Knoxville, TN 37918

$635,000
3,600 sqft

Four residential units offer a two-bedroom, one-bathroom layout, with one unit currently vacant.

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4-Unit Quadplex with Balconies
4-Unit Quadplex with Balconies

903 Luttrell St, Knoxville, TN 37917

$865,000
5,608 sqft 0.17 AC lot

Each residence has two bedrooms, and all four are leased with residents paying their own utilities.

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4-Unit Multifamily Building
4-Unit Multifamily Building

2534 Parkview Ave, Knoxville, TN 37914

$185,000
5,724 sqft

The interior is open to the framing, with prior plans for four two-bedroom residences.

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3-Unit Multifamily Property
3-Unit Multifamily Property

476, E 482 & 490 Red Bud Rd, Knoxville, TN 37920

$490,000
2,349 sqft

Three two-bedroom, one-bath residences are offered together with existing tenants.

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Historic Duplex
Historic Duplex

812 N 4th Ave, Knoxville, TN 37917

$774,900
3,177 sqft

Two mirrored residences offer short-term rental use, with each side arranged as a two-bedroom, two-bathroom unit.

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Two-Unit Duplex with Fenced Yard
Two-Unit Duplex with Fenced Yard

5012 Obarr Rd, Knoxville, TN 37914

$445,000
1,872 sqft

Two separate residences each have two bedrooms, a full bathroom, and a washer and dryer.

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Four-Unit Historic Apartment Building
Four-Unit Historic Apartment Building

903 Luttrell St, Knoxville, TN 37917

$865,000
5,608 sqft

Each residence has two bedrooms, central HVAC, and washer and dryer connections, with utility costs paid by residents.

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Apartment Building with Rear Structure
Apartment Building with Rear Structure

457 Cedar Ave, Knoxville, TN 37917

$445,000
3,500 sqft 0.34 AC lot

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

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Knoxville, TN Residential Income Properties Market Trends and Statistics

Explore 80 residential income properties for sale in Knoxville, TN, showcased through 80 active listings on our real estate platform. These investment opportunities span a total of 278,152 square feet of properties for sale, with an estimated market value of $61,261,496.

Sale prices for residential investment properties in Knoxville, TN start at $119,500, averaging $816,819, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 80
Duplexes 34
Apartment buildings 22
Quadplexes 13
Short term rental properties 13

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
37924 $75K
37931 $525K
37921 $549.1K
37914 $663.8K
37917 $718.2K

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 Residential Income pricing trends in Knox County

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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