3014 Forestdale Ave, Knoxville, TN 37917
Local realty services provided by:CENTURY 21 Legacy
3014 Forestdale Ave,Knoxville, TN 37917
$3,650,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: ford collier
Office: svn i wood properties
MLS#:1342047
Source:TN_KAAR
Price summary
- Price:$3,650,000
About this home
SVN | Wood Properties is proud to present 3014 Forestdale Ave — a beautifully updated 32 unit multifamily property in North Knoxville, just minutes from downtown. This well-maintained building features modern one-bedroom, one-bath units.
Each unit currently rents for $980 per month on average, with market rent potential of $1,150, offering immediate upside for investors. Recent renovations and included utilities — water, landscaping, and waste service — make for easy ownership and strong tenant appeal. Included with the property is a vacant building that could be turned into an onsite laundry room, or a 33rd unit for additional income.
This property also includes .75 acres (+/-) in the rear part of the property that could be used to build additional units, parceled and sold off, or used to create amenity space.
With its prime location, solid in-place income, and room to grow rents, this property stands out as a turnkey investment opportunity in one of Knoxville's steadily growing neighborhoods — a true plus for any multifamily portfolio.
This property is part of a 129 Unit portfolio that can be purchased together.
For full financial documents please visit https://svnwood.com/inventory/?propertyId=1576427-sale...
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Home facts
- Year built:1970
- Listing ID #:1342047
- Added:159 day(s) ago
- Updated:October 29, 2026 at 03:22 PM
Rooms and interior
- Flooring:Hardwood, Laminate
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric
Structure and exterior
- Year built:1970
Finances and disclosures
- Price:$3,650,000
Parking
- Parking description:On Premise Parking
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