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Listing Detail - Nashville Home and Farms

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Knoxville, TN 37917 2359 E 5th Ave

$475,000

2359 E 5th Ave Knoxville, TN - Image 12359 E 5th Ave Knoxville, TN - Image 22359 E 5th Ave Knoxville, TN - Image 3
50 more
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Presented By: Realty Executives South
  • MLS# 1345397
  • 06/20/2026
  • Request Tour
  • Request Info
  • SQFT • 2,000
  • Garage • 3

Home Details

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.
Presented By: Realty Executives South

Interior Features for 2359 E 5th Ave

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
FlooringHardwood, Tile
Heating Y/NYes
Interior AmenitiesWalk-In Closet(s)
Window FeaturesWindows - Dble Pane

General for 2359 E 5th Ave

AppliancesRange, Refrigerator
Attached Garage Yes
CityKnoxville
Construction MaterialsBrick, Block
CoolingWall Cooling
CountyKnox County - 1
DirectionsBroadway 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.
Elementary SchoolSarah M Greene/Magnet
Garage Spaces3
Gross Income38800
HeatingOther, Electric
High SchoolAustin East/Magnet
MLS AreaKnox County - 1
MLS Area MinorKnox County - 1
Middle/Junior High SchoolVine/Magnet
New Financing Cashtrue
New Financing Coventionaltrue
New Financing FHAtrue
New Financing VA Loantrue
Number Of Units Total4
OwnerPaysOther, Lawn Maintenance
Property TypeMulti-Family
Security FeaturesSmoke Detector
Standard StatusActive
StatusActive
Year Built1960

Exterior for 2359 E 5th Ave

Building Area Total2000
Door FeaturesDoors - Storm
Lot Dimensions50 X 145
Parking FeaturesOn-Street Parking, Off-Street Parking, Shared Garages, Attached

Additional Details

Price History

Schools

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

Anthony Martin

Agent | Owner
Price $475,000
MLS#1345397
List Date 06/20/2026
Property Type Multi-Family
Phone (731) 616-9391
Request Tour
Request Info
Visit My Website

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