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Street View
$3,650,000
Monthly Est:$18,167
-- Bed
-- Bath
--sqft
3014 Forestdale Ave, Knoxville, TN 37917
$3,650,000
$18,167/moEst:
Get Pre-Approved
Multi Family
Built in 1970
$-- HOA
-- sqft lot
--/sqft
Description
SVN | Wood Properties is proud to present 3014 Forestdale Ave — a beautifully updated 32 unit multifamily property in North Knoxville, just minutes from downtown. This well-maintained building features modern one-bedroom, one-bath units.
Each unit currently rents for $980 per month on average, with market rent potential of $1,150, offering immediate upside for investors. Recent renovations and included utilities — water, landscaping, and waste service — make for easy ownership and strong tenant appeal. Included with the property is a vacant building that could be turned into an onsite laundry room, or a 33rd unit for additional income.
This property also includes .75 acres (+/-) in the rear part of the property that could be used to build additional units, parceled and sold off, or used to create amenity space.
With its prime location, solid in-place income, and room to grow rents, this property stands out as a turnkey investment opportunity in one of Knoxville's steadily growing neighborhoods — a true plus for any multifamily portfolio.
This property is part of a 129 Unit portfolio that can be purchased together.
For full financial documents please visit https://svnwood.com/inventory/?propertyId=1576427-sale
- Houzeo last checked: 12 minutes ago
- Listing updated: May 22, 2026 at 8:28 pm
- Listing Provided by: Ford Collier (865) 337-3438 | SVN I Wood Properties (865) 936-9999
- Source: East Tennessee REALTORS® MLS-TN | MLS#: 1342047
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1970
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
East Tennessee REALTORS® MLS
MLS Number
1342047
MLS Status
Active
Days on Market
162
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Flooring
Laminate, Hardwood
Heating
Central, Electric
Cooling
Central Cooling
Construction
Year Built
Year Built: 1970
Home type
Multi Family
Construction Materials
Other
Roof
Shingle
Utilities & Energy
Parking Features
On Premise Parking
Price History
| Date | Event | Price |
|---|---|---|
05/22/2026 Source: | Listed for Sale | $3,650,000 $0/sqft |
05/11/2026 Source: | Off Market | $3,650,000 $0/sqft |
03/16/2026 Source: | Pending | $3,650,000 $0/sqft |
02/19/2026 Source: | Price Decreased | $3,650,000 -5.19% $0/sqft |
12/10/2025 Source: | Listed for Sale | $3,850,000 $0/sqft |
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Based on information from the Knoxville Area Association of REALTORS MLS through Nov 01, 2026, 04:01AM. 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.
