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$2,160,000
35 Days On Site

1412 Armstrong Ave
Knoxville, TN 37917

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
7,444
SqFt
$290
/SqFt
1920
Built
County:
Knox County - 1

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1412 Armstrong Ave1412 Armstrong Ave1412 Armstrong Ave1412 Armstrong Ave
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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!

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Listing Snapshot
Price 
$2,160,000
Days On Site 
35 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,444 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1920
MLS® Number 
1291376
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Parking 
Off StreetOn Street
Property Sub Type 
Multi Family
SqFt Total 
7444
Interior Features
Cooling 
Central Air
Flooring 
HardwoodVinylTile
Heating 
CentralNatural GasElectric
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Exterior Features
Construction Details 
BlockFrame
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Knox County - 1
Listing courtesy of Chris Sibley of Capstone Realty Group

Copyright © 2025 Knoxville Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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