1412 Armstrong Ave Knoxville, TN 37917
Old North Knoxville NeighborhoodEstimated payment $10,916/month
Highlights
- Wood Flooring
- Storage
- Walk-in Shower
- Covered Patio or Porch
- Central Heating and Cooling System
- Coin Laundry
About This Home
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 11⁄2 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,580
Year Built
- Built in 1920
Home Design
- Converted Dwelling
- Brick Exterior Construction
- Block Foundation
- Brick Frame
- Frame Construction
- Shingle Roof
- Aluminum Siding
- Cement Siding
Interior Spaces
- Walk-in Shower
- 8,514 Sq Ft Home
- Storage
- Utility Room
Kitchen
- Self-Cleaning Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
Laundry
- Dryer
- Washer
Parking
- On-Street Parking
- On-Site Parking
- Off-Street Parking
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Internet Available
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Lot Dimensions are 119.71 x 185.01
Listing and Financial Details
- The owner pays for gas, electricity, water, lawn maintenance, insurance, common area maintenance, taxes, advertising, sewer, exterior maintenance, HVAC maintenance, janitorial service
- Assessor Parcel Number 081LE027
Community Details
Pet Policy
- No Pets Allowed
Additional Features
- 12 Units
- Coin Laundry
Matterport 3D Tour
Floorplan
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $6,527 | $420,000 | $0 | $0 |
| 2024 | $15,581 | $420,000 | $0 | $0 |
| 2023 | $15,581 | $420,000 | $0 | $0 |
| 2022 | $15,581 | $420,000 | $0 | $0 |
| 2021 | $4,668 | $101,840 | $0 | $0 |
| 2020 | $4,668 | $101,840 | $0 | $0 |
| 2019 | $4,668 | $101,840 | $0 | $0 |
| 2018 | $4,668 | $101,840 | $0 | $0 |
| 2017 | $4,668 | $63,650 | $0 | $0 |
| 2016 | $4,580 | $0 | $0 | $0 |
| 2015 | $4,580 | $0 | $0 | $0 |
| 2014 | $4,580 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/19/2026 02/19/26 | Price Changed | $1,799,950 | -2.7% | $211 / Sq Ft | |
| 01/18/2026 01/18/26 | For Sale | $1,849,950 | +198.4% | $217 / Sq Ft | |
| 01/31/2020 01/31/20 | Sold | $620,000 | -- | $73 / Sq Ft | View Prior Sale |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $1,366,117 | None Listed On Document | |
| Warranty Deed | $1,113,000 | Paramount Land Ttl Of Knoxvi | |
| Warranty Deed | $620,000 | Paramount Land Ttl Of Knoxvi | |
| Warranty Deed | $235,000 | None Available | |
| Warranty Deed | $185,000 | Real Estate Title Of Knoxvil |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $992,000 | Commercial | |
| Previous Owner | $188,000 | Commercial |
About the Listing Agent
Christy was originally licensed in 1996. I have continued my industry education and now I am a Broker and Owner of the firm, HouseSold Realty which is a dba of Pace Probity LLC. Christy is also a continuing education trainer for Realtors in the state of Tennessee. She has been in Knoxville since 4th grade and call it home! Christy is a mother of two beautiful daughters and a grandmother of two as well!
In her career Christy has specialized in listings through retail, residential
Christy Cj's Other Listings
Source: East Tennessee REALTORS® MLS
MLS Number: 1326887
APN: 081LE-027
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Ask me questions while you tour the home.