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Daniel Parker - Listings

BJ Can Help You Purchase This Unit

Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

1412 Armstrong Ave, Knoxville, 37917

Priced At: $1,849,950

Property Details for ID: 1326887



SqFt: 8,514
Price SqFt: $217
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2026-01-18T04:05:44Z

Public Remarks: 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.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1920
SqFt (Total): 8,514
Sub-Type: House Converted
Sale Includes: Building and Land, Some Furnishings
Unit Type(s): 1 Bedroom Unit, 3 or more Bdrm Units

  Exterior Features

Features: Porch - Covered
Construction: Block, Frame, Frame - Brick
Siding: Aluminum Siding, Cement, Fiber Cement

  Appliances

Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer

  Room Dimensions

  Interior Features

Floors: Carpet, Hardwood, Laminate
Other Rooms: Mstr Bdrm Main Level
Misc Features: Internet Available, Walk-in Shower, WasherDryer Connect

  Property Details

Utilities

Fuel Types: Electric, Gas (Natural)

Financing

Finance Options: Cash, Conventional, New Loan

  HOA Information

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

Off-Street Parking, On Premise Parking, On-Street Parking

  Community Features

Outbuildings


Presented By: / Pace Probity Asset Management

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Broadway SW (US-441) for 1.6 mi. Turn left onto Kenyon St NE, then go 433 ft. Turn right onto Armstrong Ave NE. Go 0.1 mi to property on left at 1412 Armstrong Ave NE, Knoxville, TN 37917.



Your commute

( Departing today at 8:00am )


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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment.  The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment.  I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.

Four Reasons to Use Daniel Parker

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Buyers Network

Utilizing the very latest in lead generation and good old fashioned hard work, I already have a network of qualified purchasers looking for the right home or property.

Knowledge Beyond Sales

From across town to across the country I have the expertise and knowledge to help with any real estate issue.

Prompt Communicator

I will personally answer your calls, emails, text messages and all inquiries with a fast response.

Skilled Negotiator

I have taken advanced course work and have acquired valuable negotiation skills to provide you with the best outcome.