2359 E 5th Ave Knoxville, TN 37917
Parkridge NeighborhoodEstimated payment $2,808/month
Highlights
- Wood Flooring
- 3 Car Attached Garage
- Walk-In Closet
- Covered Patio or Porch
- Double Pane Windows
- Cooling System Mounted In Outer Wall Opening
About This Home
Charming income producing apartment building featuring four one-bedroom, one-bathroom units in the popular Historic Parkridge neighborhood. Great proximity to E Magnolia Avenue commercial area, Downtown Knoxville, and the bus line. Plenty of off-street Parking on premises as well as covered garage bays that could be converted to storage units for additional income or higher rent. Membrane roof installed 2020 with 20 year warranty. These units have been updated and three are ready for immediate occupancy, one currently leased month to month. Electric, water, and sewer are metered separately for all 4 units. This building is in very good condition and provides opportunity for improvements to increase rental rates over time. Great investment opportunity in growing area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,974
Year Built
- Built in 1960
Parking
- 3 Car Attached Garage
- Common or Shared Parking
- On-Street Parking
- Off-Street Parking
Home Design
- Quadruplex
- Brick Exterior Construction
- Block Foundation
- Brick Frame
Interior Spaces
- Walk-In Closet
- 2,000 Sq Ft Home
- Double Pane Windows
- Storage
- Utility Room
- Range
Flooring
- Wood
- Tile
Home Security
- Storm Doors
- Fire and Smoke Detector
Schools
- Sarah M Greene/Magnet Elementary School
- Vine/Magnet Middle School
- Austin East/Magnet High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
Additional Features
- Covered Patio or Porch
- Lot Dimensions are 50 x 145
Community Details
- 4 Units
Listing and Financial Details
- The owner pays for lawn maintenance
- Assessor Parcel Number 082JS015
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,246 | $80,160 | $0 | $0 |
| 2024 | $2,974 | $80,160 | $0 | $0 |
| 2023 | $2,974 | $80,160 | $0 | $0 |
| 2022 | $2,974 | $80,160 | $0 | $0 |
| 2021 | $1,799 | $39,240 | $0 | $0 |
| 2020 | $1,799 | $39,240 | $0 | $0 |
| 2019 | $1,799 | $39,240 | $0 | $0 |
| 2018 | $1,799 | $39,240 | $0 | $0 |
| 2017 | $1,799 | $24,525 | $0 | $0 |
| 2016 | $1,614 | $0 | $0 | $0 |
| 2015 | $1,614 | $0 | $0 | $0 |
| 2014 | $1,614 | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/20/2026 06/20/26 | For Sale | $475,000 | +137.7% | $238 / Sq Ft | |
| 12/13/2019 12/13/19 | Sold | $199,853 | +26.6% | $100 / Sq Ft | View Prior Sale |
| 04/13/2017 04/13/17 | Sold | $157,900 | -- | $79 / Sq Ft | View Prior Sale |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $199,853 | Paramount Land Ttl Of Knoxvi | |
| Warranty Deed | $2,513,915 | None Available | |
| Warranty Deed | $107,500 | Concord Title | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $20,500 | None Available | |
| Trustee Deed | $125,812 | None Available | |
| Warranty Deed | $110,000 | Title Enterprises Llc | |
| Warranty Deed | $86,500 | Title Enterprises Llc | |
| Warranty Deed | $70,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $149,890 | New Conventional | |
| Previous Owner | $3,683,147 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $22,000 | Stand Alone Second | |
| Previous Owner | $88,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $77,850 | Purchase Money Mortgage | |
| Previous Owner | $59,500 | Seller Take Back |
Source: East Tennessee REALTORS® MLS
MLS Number: 1345397
APN: 082JS-015
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Ask me questions while you tour the home.