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117 E Glenwood Ave #1, Knoxville, TN, 37917

5beds
3baths
3,567.99sqft
$649,900
$182price/sqft
$4,159/moest. monthly cost
$166,360/yrincome needed

About This Home

AWESOME INVESTMENT OPPORTUNITY WITH 3 SEPERATE UNITS. Imagine living on the 3rd floor penthouse while generating income from the main level and lower level living spaces. Welcome to 117 East Glenwood Avenue, a beautifully renovated three-story property in the historic 4th & Gill neighborhood, one of Knoxville's most sought-after communities. Combining classic character with modern updates, this versatile home offers comfortable living, abundant natural light, and a functional open layout designed to fit a variety of lifestyles. Each floor features its own full kitchen, individual bedrooms, and one full bath, providing a total of 5 bedrooms and three full bathrooms throughout the property. Newly renovated with luxury vinyl plank flooring and new stainless steel appliances, the home also offers ample cabinet storage and thoughtfully updated living spaces. Enjoy a prime location with charming street views and easy access to downtown Knoxville. Residents can take advantage of nearby parks, including the picturesque Fort Dickerson Park, along with a vibrant dining scene featuring Southern comfort food, trendy cafes, local coffee shops, art galleries, community events, and pet-friendly outdoor spaces. This property presents an outstanding investment opportunity. The lower and main levels are already leased, while the top floor is move-in ready. Live on one floor and generate rental income from the others, or maximize the property's income potential with all three levels. With separate entrances, the possibilities are endless. Don't miss your change to own this unique property in the heart of 4th and Gill. Contact agent Russ Ford today for additional information and to schedule your private showing or book directly through Broker Bay.

Getting Around

69
WalkingSomewhat Walkable
36
TransitSome Transit
74
BikeVery Bikeable

Schools

6/10
3/10
3/10
Fulton High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Block,Frame,Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Pantry
  • Window features: Windows - Vinyl,Wood Frames

Heating & Cooling

  • Heating features: Heat Pump,Natural Gas,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,567
  • Total interior livable area: 3,567 sqft

Property

Details

  • Parcel number: 081LF015

Lot

  • Lot size: 8,775 sqft
  • Lot size dimensions: 65 x 135

Parking

  • Parking features: On Street,Off Street,On Premise Parking
  • Has uncovered spaces: Yes