1415 Highland Ave - Multi-Family FOR SALE


Knoxville, TN 37916- Fort Sanders
$4,550,000 USD
865-549-7405
1415 Highland Ave, Knoxville, TN for Sale
$4,550,000 USD
Multi-Family - FOR SALE
1/106
null | Request Cap Rate

1415 Highland Ave
Knoxville, TN 37916
Fort Sanders


HIGHLIGHTS

  • Superb Historic Renovation! Outstanding Charm!
  • Close To The University Of Tennessee!
  • Close To Downtown Knoxville!

OVERVIEW

Prime Student-Rental Investment Opportunity! Don’t miss this exceptional multifamily offering featuring two side-by-side investment rentals in Knoxville’s highly sought-after Fort Sanders neighborhood. Just minutes from the University of Tennessee, this area is a proven, high-demand student rental market with bounded geography and limited inventory—making it a standout choice for out-of-town and local investors alike. Renovated in 2018, both properties are in excellent condition and poised for consistent returns. The 1413 Highland house is renovated as a whole house. It is one-rental unit with 6-bedrooms. The 1415 Highland house has been renovated as four-rental units, with a total of 17-bedrooms. These properties have their own parking lot which can easily hold 11 to 12 vehicles. Additional parking is available on the street. These properties are fully leased through May of 2027, and current rents are significantly below market—potentially by as much as 40%. Opportunities like this move quickly—schedule your private showing today! Showings are by appointment only with a minimum 24-hour notice. Properties are occupied; please do not disturb tenants. Contact the agent for additional details.

FOR SALE DETAILS

PRICE

$4,550,000 USD

PRICE/SF

$417 USD /SF

# OF UNITS

5

PRICE/UNIT

$910,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2018

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

RN-5

APN/PARCEL ID

094LN036,094LN037

ASK ABOUT THIS PROPERTY

Daniel OdleLawlerWood, LLCMore Info
865-549-7405

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Daniel OdleLawlerWood, LLCMore Info
865-549-7405

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.