3014 Forestdale Avenue Ave, Knoxville, TN 37917
$3,650,000
Property Type:
Multi-Family
Status:
Pending
Current Price:
$3,650,000
List Date:
12/10/2025
Last Modified:
3/16/2026
Overview
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
Listing Details MLS# 1323906
Location Tax Legal Info
- Street Name
- 3014 Forestdale Avenue
- St Suffix
- Ave
- State/Province
- TN
- Zip Code
- 37917
- PIN #
- 105952
Contract Info
- Auction Y/N
- No
- Listing Price
- 3650000
General Property Description
- Lot Dimensions
- 145.2 X 600.71 X IRR
- Number of Units
- 32
- Utilities/Mo Avg
- 1315
- Year Built
- 1970
- Property Status
- N/A
- Driveway
- Paved
Status Change Info
- Status Change Date
- 2026-03-16
- Under Contract Date
- 2026-03-16
Location, Tax & Legal Info
- Area
- Knox County – 1
- City/County Code
- City Limits
- Total Tax
- 21727.8
Remarks & Misc
- Directions
- get on Interstate 640 (I-640), Take I-640 to the exit serving the north-side neighborhoods / ''North Knoxville'' / ''Whittle Springs / Forestdale'' area.
- Public Remarks
- 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
More Information
Property Sub-Type
- Apartment
- Yes
Construction
- Other
- Yes
Type of Units
- 1 Bedroom Unit
- Yes
Sale Includes
- Other
- Yes
Cooling
- Central Cooling
- Yes
Floors
- Hardwood
- Yes
- Laminate
- Yes
Garage/Parking
- On Premise Parking
- Yes
Fuel
- Electric
- Yes
Heat
- Central
- Yes
Other Rooms
- Other
- Yes
Roof
- Shingle
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- New Loan
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Apartment
Type of Units:
1 Bedroom Unit
Sale Includes:
Other
Floors:
Hardwood; Laminate
Fuel:
Electric
Heat:
Central
Cooling:
Central Cooling
Construction:
Other
Roof:
Shingle
Other Rooms:
Other
New Financing:
Cash; Conventional; New Loan
Showing:
See Agent Instructns
Listing Office:
SVN I Wood Properties
IDX
Office Phone: 865-936-9999
Last Updated: March – 16 – 2026
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