1412-1418 Armstrong Ave, Knoxville, TN 37917

$1,624,950

Property Type: Multi-Family Square Footage: 8,514 Status: Active

Current Price: $1,624,950 List Date: 6/04/2026 Last Modified: 8/21/2026

Overview

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 ... (Read more)

Listing Details MLS# 1343469

Location Tax Legal Info

House #: 1412-1418
Street Name: Armstrong
St Suffix: Ave
State/Province: TN
Zip Code: 37917
PIN #: 081LE027

Contract Info

Auction Y/N: No
Listing Price: 1624950

General Property Description

SqFt - Total (Aprox): 8514
Lot Dimensions: 119.71 x 185.01
Number of Units: 12
# Units Leased: 4
Utilities/Mo Avg: 965
Year Built: 1920
Property Status: REO
Driveway: With Parking Lot

Status Change Info

Status Change Date: 2026-06-04

More Information

Property Features

Property Sub-Type: House Converted Type of Units: 1 Bedroom Unit; 3 or more Bdrm Units Sale Includes: Building and Land; Some Furnishings Floors: Carpet; Hardwood; Laminate Tenant Expenses: Electricity; Gas; Sewer; Water Owner Expenses: Advertising; Common Area Maintenance; Electricity; Exterior Maintenance; Gas; HVAC Maintenance; Insurance; Janitorial Service; Lawn Maintenance; Sewer; Taxes; Water Fuel: Electric; Gas (Natural) Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Washer Construction: Block; Frame; Frame - Brick Roof: Shingle Siding: Aluminum Siding; Cement; Fiber Cement Exterior Features: Porch - Covered Misc Features: Internet Available; Walk-in Shower; Washer/Dryer Connect Other Rooms: Mstr Bdrm Main Level Miscellaneous: Coin Laundry; No Pets; Storage Space; TV Cable Available; Utility Room New Financing: Cash; Conventional; New Loan Showing: See Agent Instructns

IDX

Listing Office: Pace Probity Asset Management

Last Updated: August - 21 - 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

1412-1418 Armstrong Ave, Knoxville, TN 37917 (MLS# 1343469)