1412 Armstrong Ave
Knoxville, TN 37917
- – beds
- – baths
- 7,444 sqft
- $290 per sqft
- 1920 build
- – on site
Premier Multi-Family Investment Opportunity - 1412 & 1418 Armstrong Ave, Knoxville, TN Unlock the potential of two prime multi-family properties at 1412 & 1418 Armstrong Avenue, offering a versatile income stream with a mix of long-term and short-term rental units in a sought-after Knoxville location. Property Breakdown: 1412 Armstrong Ave - Established 8-Unit Apartment Building Fully occupied 8-unit building consisting of all one-bedroom, one-bath units Strong rental history with reliable cash flow and consistent tenant demand Classic charm with modern upgrades, providing an attractive option for long-term tenants 1418 Armstrong Ave - Profitable Short-Term Rental Property 4-unit building operating as a high-yield short-term rental (2) Three-bedroom, one-bath townhome-style units, rented by the room for maximum revenue (2) One-bedroom, one-bath units, ideal for individual short-term guests 8 total rentable units available for nightly stays, catering to Knoxville's growing tourism and business traveler market Investment Highlights: Diverse rental strategy: Stable long-term tenants at 1412 Armstrong, high-yield short-term rental flexibility at 1418 Armstrong High-demand location: Close to downtown Knoxville, UT campus, and major attractions, ensuring steady occupancy Turnkey income potential: Fully operational with strong rental performance across both properties This unique investment package combines passive long-term rental income with high-profit short-term rental potential, creating a balanced, high-earning asset in Knoxville's thriving rental market. 📞 Contact us today to explore this exceptional multi-family opportunity!
Last checked:
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Last updated Feb 28, 2025
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MLS# 1291376 —
The Building
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Year Built:1920
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New Construction:No
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Construction Materials:Block, Frame
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Architectural Style:None
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Direction Faces:None
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Stories:None
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Stories Total:None
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Basement:None
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Accessibility Features:None
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Building Area Total:7444.0
Interior
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Rooms Total:None
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Flooring:Hardwood, Vinyl, Tile
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Levels:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Listing Terms:Cash, Conventional
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Lease Term:None
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Possession:None
Location
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Directions:Use GPS to get toe 1412 Armstrong Ave
The Property
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Parcel Number:081LE027
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Property Type:Multi-Family
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Property Subtype:None
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Lot Features:None
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Lot Size Dimensions:120x185
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Lot Size Source:None
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Zoning:None
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Zoning Description:None
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Current Use:None
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Possible Use:None
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Topography:None
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View:None
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Waterfront:No
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Water Body Name:None
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Frontage Type:None
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Road Frontage Type:None
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Property Attached:No
Listing Agent
- Contact info:
- Office phone:
- (865) 433-4663
Taxes
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Tax Annual Amount:15580.32
Beds
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Bedrooms Total:None
Baths
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Full Baths:None
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Three Quarter Baths:None
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Half Baths:None
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Partial Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Heating:Central, Natural Gas, Electric
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Heating:true
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Cooling:Central Cooling
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Cooling:true
Utilities
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Electric:None
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Sewer:None
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Water Source:None
Schools
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Elementary School District:None
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Middle Or Junior School District:None
The Community
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Park Name:None
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Senior Community:No
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Community Features:None
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Pool Private:No
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Spa Features:None
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Association:No
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Association Fee:None
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Association Fee Includes:None
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Association Fee Frequency:None
Parking
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Attached Garage:false
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Carport Spaces:None
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Parking Features:On-Street Parking, Off-Street Parking, On Premise Parking
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/27/25
Feb 27, 2025
|
Listed / Active | KAARMLS | $2,160,000 | 248.4% (48.9% / YR) |
|
1/31/20
Jan 31, 2020
|
KAARMLS | $620,000 |
