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Multi family home for sale at 1412-1418 Armstrong Ave, Knoxville, TN 37917 | MLS# 1343469 | Listing updated on 2026-09-30
Photo 1 of Multi family home for sale at 1412-1418 Armstrong Ave, Knoxville, TN 37917 | MLS# 1343469 | Listing updated on 2026-09-30
Photo 2 of Multi family home for sale at 1412-1418 Armstrong Ave, Knoxville, TN 37917 | MLS# 1343469 | Listing updated on 2026-09-30
Photo 3 of Multi family home for sale at 1412-1418 Armstrong Ave, Knoxville, TN 37917 | MLS# 1343469 | Listing updated on 2026-09-30
Photo 4 of Multi family home for sale at 1412-1418 Armstrong Ave, Knoxville, TN 37917 | MLS# 1343469 | Listing updated on 2026-09-30
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$1,599,950

Monthly Est:$7,964

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon8,514sqft

1412-1418 Armstrong Ave, Knoxville, TN 37917

$7,964/moEst:

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  • Multi Family

  • Built in 1920

  • $-- HOA

  • -- sqft lot

  • $188/sq.ft

Description

Outstanding investment opportunity—two multi-unit properties offered together at 1412 & 1418 Armstrong Ave on one deeded lot in Knoxville's desirable Old North area. Featuring 12 total units across two buildings. Zones RN4. One unit could be STR if owner occupied purchase otherwise all units would need to be 30 day minimum rentals.

We cleaned up the tenant roster and working on filling vacancies or you can get in now and choose your own!

1418 Armstrong Ave includes four fully furnished units.. Two feature 3 bedrooms and 1½ baths with full kitchens and shared HVAC; two are 1-bedroom, 1-bath units with private HVAC systems, ideal for traveling professionals or flexibl
e leasing options (30 days or more required).

1412 Armstrong Ave consists of eight 1-bedroom, 1-bath units, each separately metered and equipped with individual HVAC systems. An on-site laundry facility adds convenience and appeal for residents.

Positioned on a quiet dead-end street just minutes from downtown Knoxville, the University of Tennessee, and major attractions, this property offers strong possibilites and potential for multiple income streams. Whether managed as long-term housing, short-term rentals (30 days or more), or a hybrid model, it's a turn-key addition for any investor seeking cash flow and appreciation in one of Knoxville's fastest-growing rental markets.

Property built before 1978 may have lead based paint.
Buyer to verify all information independently.

  • Houzeo last checked: 2 minutes ago
  • Listing updated: September 30, 2026 at 5:32 pm
  • Listing Provided by: Christy CJ Pace (865) 388-7131 | Pace Probity Asset Management (865) 357-1537
  • Source: East Tennessee REALTORS® MLS-TN | MLS#: 1343469 East Tennessee REALTORS® MLS-TN

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Building
1412-1418 Armstrong Ave
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Knox County 1

  • City

    Knoxville

  • Neighborhood

    --

  • Year Built

    1920

  • HOA Fees

    -

  • Finished Area

    8,514 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    East Tennessee REALTORS® MLS

  • MLS Number

    1343469

  • MLS Status

    Active

  • Days on Market

    129

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Flooring

    Laminate, Hardwood, Carpet

  • Cooling

    Central Cooling

  • Heating

    Central, Natural Gas, Electric

  • Appliances

    Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer

Construction

  • Year Built

    Year Built: 1920

  • Home type

    Multi Family

  • Roof

    Shingle

  • Construction Materials

    Fiber Cement, Aluminum Siding, Cement Siding, Block, Frame, Brick

Utilities & Energy

  • Parking Features

    On Street Parking, Off Street Parking, On Premise Parking

Other Features

  • Tenant Pays

    Water, Sewer, Cooling, Gas, Heating, Electricity

  • Patio And Porch Features

    Porch Covered

Price History

DateEventPrice

09/30/2026

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1343469

Price Decreased

$1,599,950 -1.54%

$188/sqft

08/21/2026

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1343469

Price Decreased

$1,624,950 -4.41%

$191/sqft

07/14/2026

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1343469

Price Decreased

$1,699,950 -1.45%

$200/sqft

06/09/2026

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1343469

Price Decreased

$1,724,950 -2.82%

$203/sqft

06/04/2026

Source: mls_logoEast Tennessee REALTORS® MLS-TN #1343469

Price Increased

$1,774,950 +2.90%

$208/sqft

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Nearby Homes

Based on information from the Knoxville Area Association of REALTORS MLS through Oct 11, 2026, 01:45PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Knoxville Area Association of REALTORS® MLS. All Rights Reserved.

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