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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!

2359 E 5th Ave, Knoxville, 37917

Priced At: $475,000

Property Details for ID: 1345397



SqFt: 2,000
Price SqFt: $238
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Pending - Continue to Show - Inspection
Property Type: MultiFamily
On Market Date: 2026-06-20T16:21:07Z

Public Remarks: Charming income producing apartment building featuring four one-bedroom, one-bathroom units in the popular Historic Parkridge neighborhood. Great proximity to E Magnolia Avenue commercial area, Downtown Knoxville, and the bus line. Plenty of off-street Parking on premises as well as covered garage bays that could be converted to storage units for additional income or higher rent. Membrane roof installed 2020 with 20 year warranty. These units have been updated and three are ready for immediate occupancy, one currently leased month to month. Electric, water, and sewer are metered separately for all 4 units. This building is in very good condition and provides opportunity for improvements to increase rental rates over time. Great investment opportunity in growing area.

Schools Information

Elementary School: Sarah M Greene/Magnet
Middle / Junior School: Vine/Magnet
High School: Austin East/Magnet

Building Description

Year Built: 1960
SqFt (Total): 2,000
Sub-Type: Four Plex
Sale Includes: No Furnishings
Unit Type(s): 1 Bedroom Unit, Unfurnished

  Exterior Features

Features: Doors - Storm, Porch - Covered, Windows - Dble Pane
Construction: Block, Frame - Brick
Siding: Brick

  Appliances

Range, Refrigerator, Smoke Detector

  Room Dimensions

  Interior Features

Floors: Hardwood, Tile
Other Rooms: Other
Misc Features: Walk-In Closet(s)

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, FHA, USDA Loan, VA Loan, Other
Gross Annual Income: 38,800

  HOA Information

Restrictions: Yes

Heating & Cooling

Cooling Type(s): Wall Cooling
Heat Type(s): Other

Garage / Parking

Garage Spaces, Attached, Off-Street Parking, On-Street Parking, Shared Garages

  Community Features

Outbuildings


Presented By: / Realty Executives South

Up Coming Open Houses

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

Directions

Broadway SW - Turn right onto E 5th Ave/W Fifth Ave - Continue onto E Magnolia Ave - Turn left onto Spruce St - Turn left onto E 5th Ave - Destination will be on the right.



Your commute

( Departing today at 8:00am )


Near By Properties (click flag to view)

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Full Baths:
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Mortgage Calculator

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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!

Quick Sale

Our network of qualified purchasers combined with dedication and hard work; help ensure that no one will work harder to get your home property sold.

You Are Valued

I recognize that we are partners with our clients and as such, I strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.

Trained Advocate

Need educated advice and a strong advocate, I will provide advice based on years of experience and advanced education.

Professional

I Believe that everyone should be treated with the upmost of respect and professionalism combined with the highest level of service.