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!

2359 E 5th Ave, Knoxville, 37917

Priced At: $475,000

Property Details for ID: 1345397



SqFt: 2,000
Price SqFt: $238
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Pending - Continue to Show - Inspection
Property Type: MultiFamily
On Market Date: 2026-06-20T16:21:07Z

Public Remarks: 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.

Schools Information

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

Building Description

Year Built: 1960
SqFt (Total): 2,000
Sub-Type: Four Plex
Sale Includes: No Furnishings
Unit Type(s): 1 Bedroom Unit, Unfurnished

  Exterior Features

Features: Doors - Storm, Porch - Covered, Windows - Dble Pane
Construction: Block, Frame - Brick
Siding: Brick

  Appliances

Range, Refrigerator, Smoke Detector

  Room Dimensions

  Interior Features

Floors: Hardwood, Tile
Other Rooms: Other
Misc Features: Walk-In Closet(s)

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, FHA, USDA Loan, VA Loan, Other
Gross Annual Income: 38,800

  HOA Information

Restrictions: Yes

Heating & Cooling

Cooling Type(s): Wall Cooling
Heat Type(s): Other

Garage / Parking

Garage Spaces, Attached, Off-Street Parking, On-Street Parking, Shared Garages

  Community Features

Outbuildings

Presented By: / Realty Executives South

Up Coming Open Houses

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

Directions

Broadway 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.



Your commute

( Departing today at 8:00am )
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Four Reasons to Use BJ Swinehart

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!

Marketing Expertise

My marketing expertise will help to make sure that the pictures, public description and website distribution channels will draw potential buyers to your home.

Prompt Communicator

I will personally answer your calls, emails, text messages and all inquiries with a fast response.

Quick Sale

Our network of qualified purchasers combined with dedication and hard work; help ensure that no one will work harder to get your home property sold.

Experience Is Key

Licensed since 1981, I have the experience to solve problems that arise and the know how to avoid major pitfalls



Re/max Preferred Properties is a licensed Tennessee Real Estate Firm. Firm License 209356. Some or all of the Listing Displayed on this Site may not belong to Re/max Preferred Properties. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.