- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
$1,599,950
Monthly Est:$7,964
-- Bed
- -- Bath
8,514sqft
1412-1418 Armstrong Ave, Knoxville, TN 37917
$1,599,950
$7,964/moEst:
Get Pre-Approved
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 flexible 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

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
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
| Date | Event | Price |
|---|---|---|
09/30/2026 Source: | Price Decreased | $1,599,950 -1.54% $188/sqft |
08/21/2026 Source: | Price Decreased | $1,624,950 -4.41% $191/sqft |
07/14/2026 Source: | Price Decreased | $1,699,950 -1.45% $200/sqft |
06/09/2026 Source: | Price Decreased | $1,724,950 -2.82% $203/sqft |
06/04/2026 Source: | Price Increased | $1,774,950 +2.90% $208/sqft |
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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. Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.













