123 E Springdale Ave, Knoxville, TN 37917 (MLS# 1358523)

123 E Springdale Ave, Knoxville, TN 37917

New Listing

$259,999

Zoned commercial multi family. 3 units with ready to finish 4th unit.

Property Type: Multi-Family Square Footage: 1,956 Lot Size (sq. ft.): 7,231 Status: Active

Current Price: $259,999 List Date: 10/11/2026 Last Modified: 10/11/2026

Overview

Description

THREE UNITS. $3,400 IN MONTHLY RENT. ROOM TO BUILD VALUE! Put your next investment to work just outside Knoxville's vibrant Happy Holler district! This commercially zoned multifamily property combines existing rental income with opportunities to renovate, improve, and explore additional income potential. Two apartments are currently rented month-to-month. The two first-floor units rent for $1,200 each, and the upstairs apartment rents for $1,000–totaling $3,400 per month in gross rental income. Tenants pay their own utilities, and each apartment has a separate electric meter. Bring your vision and capitalize on the opportunity to make improvements! The existing apartments would benefit from repairs, cleaning, and modernization, offering investors a path to enhance the property and potentially increase future rents. Additional square footage in an unfinished upper-level space offers potential for a fourth unit, subject to applicable zoning, permitting, inspections, and governmental … (Read more)

Listing Details MLS# 1358523

Location Tax Legal Info

House #: 123
St Dir: E
Street Name: Springdale
St Suffix: Ave
State/Province: TN
Zip Code: 37917
PIN #: 081FS024
Subdivision: Oakwood C B Atkins Add

Contract Info

Auction Y/N: No
Listing Price: 259999

General Property Description

SqFt – Total (Aprox): 1956
Total Unfinished SqFt: 450
Lot Dimensions: 50 X 145
Lot Size SqFt: 7231
Number of Units: 3
# Units Leased: 3
Utilities/Mo Avg: 500
Year Built: 1915
Property Status: N/A
Restrictions: Yes
Driveway: off street parking
Lease Information: The property is on a month-to-month lease basis, 1st floor unit rents for $1200 upstairs $1,000

Status Change Info

Status Change Date: 2026-10-11

More Information

Property Features

Property Sub-Type: Triplex Type of Units: 1 Bedroom Unit Sale Includes: No Furnishings Floors: Vinyl Tenant Expenses: Tenant Pays All Util Owner Expenses: HVAC Maintenance; Roof Maintenance; Taxes Fuel: Electric; Gas (Natural) Heat: Heat Pump Cooling: Central Cooling Appliances: Range; Refrigerator Construction: Block; Frame Roof: Shingle Siding: Vinyl Exterior Features: Porch – Covered; Shed; Windows – Aluminum; Windows – Storm Misc Features: Internet Available Other Rooms: Bedroom Main Level Miscellaneous: Porch New Financing: Cash; New Loan Showing: See Agent Instructns

IDX

Listing Office: The Real Estate Firm, Inc.

Last Updated: October – 11 – 2026

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