• 1307 Forest Ave, Knoxville, TN 37916

For Sale

Multi-Family
Office

For Sale

This property is available for sale
0.17
Acres
$406,000
Sale Price
  • Year Built
    1930
  • Total Building Size
    1,685 RSF
  • Overview

    The subject property is conveniently located near the corner of Forest Avenue and 13th Street. This eight bedroom, five bathroom triplex offers a prime location in Fort Sanders and would make for a great student housing opportunity. Two, or potentially all, of the units will soon be vacant but with strong surrounding rental rates and previous rental rates for the subject property, there is large upside given the lack of similar investment properties in and around campus. Each unit within the home has recently been renovated and those renovations include new paint, floors, doors, HV/AC, heater, refrigerator, and more. The tenants are responsible for all utilities. Triplex 8 Beds - 5 Bath 1) 3BR/2BA 2) 1BR/1BA 3) 4BR/2BA

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Property Details

The subject property is conveniently located near the corner of Forest Avenue and 13th Street. This eight bedroom, five bathroom triplex offers a prime location in Fort Sanders and would make for a great student housing opportunity. Two, or potentially all, of the units will soon be vacant but with strong surrounding rental rates and previous rental rates for the subject property, there is large upside given the lack of similar investment properties in and around campus. Each unit within the home has recently been renovated and those renovations include new paint, floors, doors, HV/AC, heater, refrigerator, and more. The tenants are responsible for all utilities. Triplex 8 Beds - 5 Bath 1) 3BR/2BA 2) 1BR/1BA 3) 4BR/2BA

  • Property Type
    Multi-Family, Office
  • Submarket
  • Year Built
    1930
  • Sale Price
    $406,000
  • Total Building Size
    1,685RSF
  • Total Acres
    0.17
  • Sale Status
    Available
  • Property ID
    958626

Landlord's Sales Representative

  • SVN | Wood Properties