Knoxville Homes with Foreclosure

Knoxville Homes with Foreclosure

Welcome to Knoxville, Tennessee, a vibrant city nestled in the heart of Knox County, where the beauty of the Smoky Mountains meets the charm of Southern hospitality. Known for its rich history, diverse culture, and thriving arts scene, Knoxville is a place where tradition and innovation coexist harmoniously. With a population that enjoys a blend of urban and outdoor lifestyles, residents have access to a plethora of parks, recreational activities, and community events that celebrate the unique spirit of this city.

For homebuyers looking for opportunities, Knoxville's real estate market offers a range of options, including homes in foreclosure. This aspect of the market can be particularly appealing for those seeking value and potential. Foreclosed properties in Knoxville often present an excellent opportunity for savvy investors and first-time buyers alike, allowing them to purchase homes at competitive prices. With the right vision and a little TLC, these properties can be transformed into charming residences or profitable rental units.

Knoxville's neighborhoods are as diverse as its residents, featuring everything from historic homes in the Old City to modern developments in West Knoxville. The city's commitment to revitalization and community development means that even foreclosed homes are often located in desirable areas with access to schools, shopping, and dining.

Whether you’re drawn to the stunning landscapes or the rich cultural tapestry of Knoxville, exploring homes in foreclosure here could lead you to your dream property. Embrace the opportunity to invest in a community that offers both charm and growth potential. Discover Knoxville, where your next home awaits!

Newest Knoxville Homes with Foreclosure

$1,624,950
1343469 MLS
Outstanding investment opportunity—two multi-unit properties offered together at 1412 & 1418 Armstrong Ave on one deeded lot in Knoxville's desirable Old North area. Featuring 12 total units across two buildings. Zones RN4. One unit could be STR if owner occupied purchase otherwise all units would need to be 30 day minimum rentals. We cleaned up the tenant roster and working on filling vacancies or you can get in now and choose your own! 1418 Armstrong Ave includes four fully furnished units.. Two feature 3 bedrooms and 1½ baths with full kitchens and shared HVAC; two are 1-bedroom, 1-bath units with private HVAC systems, ideal for traveling professionals or flexible leasing options (30 days or more required). 1412 Armstrong Ave consists of eight 1-bedroom, 1-bath units, each separately metered and equipped with individual HVAC systems. An on-site laundry facility adds convenience and appeal for residents. Positioned on a quiet dead-end street just minutes from downtown Knoxville, the University of Tennessee, and major attractions, this property offers strong possibilites and potential for multiple income streams. Whether managed as long-term housing, short-term rentals (30 days or more), or a hybrid model, it's a turn-key addition for any investor seeking cash flow and appreciation in one of Knoxville's fastest-growing rental markets. Property built before 1978 may have lead based paint. Buyer to verify all information independently.

1412-1418 Armstrong Ave, Knoxville

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