Daniel C Baxley
← INNOVATE Real Estate
No photos available for this listing

$265,000

123 E Springdale Ave, Knoxville, TN 37917
Knoxville, TN 37917
Listed by Fredda Augusta Temples · The Real Estate Firm, Inc.
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1915

About this home

This exceptional multi-family property, zoned for commercial use, presents a charming historic residence situated just outside the lively Happy Holler district. It represents an excellent investment opportunity, benefiting from a prime location with convenient access to local amenities. Although the apartment units currently require some repairs, cleaning, and modernization, they offer significant potential for value-added renovation. The property includes a spacious, unfinished fourth unit on the upper floor, which could be completed to generate additional income. Each dwelling is equipped with its own electric meter for independent utility management. The first-floor apartments currently command a monthly rent of $1200 each, while the upstairs unit rents for $1000. Tenants are responsible for all utility costs. Recent enhancements include a newer roof. The property is set on a generous lot, featuring an outdoor storage building and rear access from the back street, which provides convenient off-street parking.

Property details

MLS #
1346324
Property type
Residential Income
Subdivision
Oakwood C B Atkins Add
Status
Active
Days on market
53
On market date
June 29, 2026
Stories
N/A
Garage spaces
N/A
Lot size
0.17 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Christenberry Elementary
0.59 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
460
Student:teacher ratio
11.5:1
District
Knox County
Middle
Whittle Springs Middle School
2.09 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
455
Student:teacher ratio
12.6:1
District
Knox County
High
Dr. Paul L. Kelley Volunteer Academy
0.65 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
77
Student:teacher ratio
7.0:1
District
Knox County

Mortgage calculator

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Est. monthly payment
$1,746/mo
$53,000 down
$212,000 loan
Principal & interest$1,375
Property tax (est.)$221
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 14 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.