Prime Investment Opportunity in The Fort! High-Demand Student Rental!
Attention investors! This rare corner lot in The Fort offers incredible potential for expansion and increased income. The charming 4-bedroom home has undergone recent bathroom renovations and is currently leased to students for $1,850/month, with leases in place until July 31, 2025.
A standout feature of this property is its exceptional parking capacity with 7 private spaces along the side of the home and a paved lot in the back offering 14 additional spaces. The 14-space lot is currently leased to the apartment complex across the street for $7,000 per year, with the lease extending until September 2025.
Prime location near the University with plenty of room for expansion, this property is a smart addition to any investment portfolio. Don't miss out on this opportunity! There will be one open house on Thursday, March 13th. Check out the Virtual 3D matterport tour today!
Sold for $665,000
$665,000
1803 Forest Ave, Knoxville, TN 37916
4beds
1,178sqft
Single Family Residence
Built in 1925
6,534 Square Feet Lot
$472,300 Zestimate®
$565/sqft
$2,183 Estimated rent
Home value
$472,300
$420,000 - $529,000
$2,183/mo
Zestimate® history
Owner options
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$2,183/mo
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$2,183/mo
Rent Zestimate®
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$3,845/mo
Est. payment
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$3,845/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Aimee Lee Lucas 818-472-4481,
ReMax Preferred Properties, In
Bought with:
Aimee Lee Lucas, 356722
ReMax Preferred Properties, In
Source: East Tennessee Realtors,MLS#: 1292226
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Natural Gas, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven, Other
Features
- Flooring: Other, Vinyl
- Windows: Windows - Vinyl
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,178
- Total interior livable area: 1,178 sqft
Property
Parking
- Total spaces: 7
- Parking features: Off Street, Designated Parking
- Carport spaces: 7
Features
- Has view: Yes
- View description: Mountain(s), City
Lot
- Size: 6,534 Square Feet
- Features: Corner Lot, Rolling Slope
Details
- Parcel number: 094NC019
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Other, Vinyl Siding, Brick
Condition
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Cowans Add
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $565/sqft
- Tax assessed value: $309,000
- Annual tax amount: $1,921
- Date on market: 3/7/2025
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2025 | Sold | $665,000-11.2%$565/sqft |
Source:  East Tennessee Realtors #1292226 Report a problem | ||
| 3/30/2025 | Pending sale | $749,000$636/sqft |
Source: East Tennessee Realtors #1292226 Report a problem | ||
| 3/7/2025 | Listed for sale | $749,000+152.6%$636/sqft |
Source: East Tennessee Realtors #1292226 Report a problem | ||
| 6/17/2021 | Sold | $296,500-5.9%$252/sqft |
Source: East Tennessee Realtors #1149011 Report a problem | ||
| 4/14/2021 | Pending sale | $315,000$267/sqft |
Source: East Tennessee Realtors #1149011 Report a problem | ||
| 4/13/2021 | Listed for sale | $315,000+53.7%$267/sqft |
Source: East Tennessee Realtors #1149011 Report a problem | ||
| 1/5/2011 | Listing removed | $204,900$174/sqft |
Source: First Choice Realty #728115 Report a problem | ||
| 8/22/2010 | Listed for sale | $204,900+156.1%$174/sqft |
Source: First Choice Realty #728115 Report a problem | ||
| 8/5/1997 | Sold | $80,000$68/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,921 | $123,600 |
| 2024 | $1,921 | $123,600 |
| 2023 | $1,921 | $123,600 |
| 2022 | $1,921 +416.4% | $123,600 +605.3% |
| 2021 | $372 | $17,525 -75% |
| 2020 | $372 | $70,100 |
| 2019 | $372 | $70,100 |
| 2018 | $372 -53.7% | -- |
| 2017 | $804 -13.2% | $21,125 |
| 2016 | $926 | -- |
| 2015 | $926 | -- |
| 2014 | $926 +7.3% | -- |
| 2013 | $864 +134.9% | -- |
| 2012 | $368 | -- |
| 2011 | $368 | $15,575 |
| 2010 | $368 | $15,575 |
| 2009 | $368 -7.4% | $15,575 +5.6% |
| 2008 | $397 -51.1% | $14,750 |
| 2007 | $811 | $14,750 |
| 2006 | $811 +104.5% | $14,750 |
| 2005 | $397 -43.5% | $14,750 +26.3% |
| 2004 | $702 +6.2% | $11,675 |
| 2003 | $661 | $11,675 +1.5% |
| 2002 | -- | $11,500 |
| 2001 | -- | $11,500 +8.2% |
| 2000 | -- | $10,625 |
Find assessor info on the county website
Neighborhood: Fort Sanders
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Nearby schools
GreatSchools rating
- 10/10Sequoyah Elementary SchoolGrades: K-5Distance: 2.5 mi
- 6/10Bearden Middle SchoolGrades: 6-8Distance: 5.7 mi
- 8/10West High SchoolGrades: 9-12Distance: 2.3 mi
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Estimated market value
$472,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$472,300
- Tennessee
- Knox County
- Knoxville
- 37916
- Fort Sanders
- 1803 Forest Ave
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