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1415 Highland Ave 5 Unit Apartment Building Offered at $4,550,000 Knoxville, TN 37916

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Investment Highlights

Superb Historic Renovation! Outstanding Charm!
Close To Downtown Knoxville!

Close To The University Of Tennessee!

Executive Summary

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.

Property Facts

Price	$4,550,000	Lot Size	0.34 AC
Price Per Unit	$910,000	Building Size	10,917 SF
Sale Type	Investment	Average Occupancy	100%
No. Units	5	No. Stories	3
Property Type	Multifamily Multifamily Apartments	Year Built/Renovated	1899/2018
Apartment Style	Low-Rise	Parking Ratio	1.28/1,000 SF
Zoning	RN-5 - General Residential Neighborhood Zoning District - Mixed Housing Types

Price	$4,550,000
Price Per Unit	$910,000
Sale Type	Investment
No. Units	5
Property Type	Multifamily Multifamily Apartments
Apartment Style	Low-Rise
Lot Size	0.34 AC
Building Size	10,917 SF
Average Occupancy	100%
No. Stories	3
Year Built/Renovated	1899/2018
Parking Ratio	1.28/1,000 SF
Zoning	RN-5 - General Residential Neighborhood Zoning District - Mixed Housing Types