BJ Can Help You Purchase This Unit

Thank you for choosing BJ Swinehart! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

3014 Forestdale Avenue Ave, Knoxville, 37917

Priced At: $3,850,000

Property Details for ID: 1323906



SqFt: 0
Price SqFt: n/a
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-12-10T14:10:25Z

Public Remarks: 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

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1970
Sub-Type: Apartment
Sale Includes: Other
Unit Type(s): 1 Bedroom Unit

  Exterior Features

Construction: Other

  Appliances

  Room Dimensions

  Interior Features

Floors: Hardwood, Laminate
Other Rooms: Other

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, New Loan

  HOA Information

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

On Premise Parking

  Community Features

Outbuildings


Presented By: / SVN I Wood Properties

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

get on Interstate 640 (I-640), Take I-640 to the exit serving the north-side neighborhoods / ''North Knoxville'' / ''Whittle Springs / Forestdale'' area.



Your commute

( Departing today at 8:00am )


Near By Properties (click flag to view)

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Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

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Knowledge Beyond Sales

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