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1412 Armstrong Ave, 
Knoxville, TN 37917

$1,849,950


Bed


Bath


8,514

Sq Ft


Multi-Family

Active

Listed by

Christy Cj Pace

Pace Probity Asset Management

865-357-1537

Last updated:

January 15, 2026, 03:45 PM

MLS#

1319055

Source:

TN KAAR

About This Home

1412 Armstrong Ave

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. 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. 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, 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.

Home Facts

Multi-Family

Built in 1920

Price Summary

1,849,950

$217 per Sq. Ft.

MLS #:

1319055

Last Updated:

January 15, 2026, 03:45 PM

Added:

3 month(s) ago


Rooms & Interior

Interior

Living Area:

8,514 Sq. Ft.


Structure

Structure

Building Area:

8,514 Sq. Ft.

Year Built:

1920


Finances & Disclosures

Finances

Price:

$1,849,950

Price per Sq. Ft:

$217 per Sq. Ft.

Source:TN KAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.