Unique five-plex in growing Oakwood/Lincoln Park market is available at a new price! This fully-leased apartment is a perfect income-generating investment and potential expansion on a level, over-sized lot.
Recent updates include new plumbing supply and drain lines, HVAC units, entire roof replacement, and paint. The city has recently repaired sidewalks throughout the neighborhood as well. Tenants benefit from immediate access to grocery stores, restaurants, bus lines, and close proximity to interstates I-75 and I-640.
The trailhead to Sharps Ridge Memorial Park, which includes year-round hiking and biking trails, is 1/2 mile to the north. Please contact the agent for more details- you will not want to miss out on this investment opportunity!
Sold for $550,000
$550,000
707 Atlantic Ave, Knoxville, TN 37917
--beds
0baths
3,423sqft
Multi Family
Built in 1899
-- sqft lot
$553,200 Zestimate®
$161/sqft
$1,238 Estimated rent
Home value
$553,200
$526,000 - $581,000
$1,238/mo
Zestimate® history
Owner options
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$3,174/mo
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List your homeWhat's special
Separate heating and coolingLevel over-sized lotOwn kitchenettes
Zillow last checked:
Listing updated:
Listed by:
Laurence Eaton 865-207-7461,
Hemlock Realty LLC
Bought with:
Non Member Non Member
Non-Member Office
Source: East Tennessee Realtors,MLS#: 1319281
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central, Electric
Cooling
- Central Air, Wall Unit(s)
Features
- Flooring: Laminate, Hardwood
Interior area
- Total structure area: 3,423
- Total interior livable area: 3,423 sqft
Property
Parking
- Parking features: Off Street
Lot
- Size: 0.56 Acres
- Dimensions: 150 x 162
Details
- Parcel number: 081CE040
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1899
Community & HOA
Community
- Subdivision: Lincoln Park
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $306,200
- Annual tax amount: $1,903
- Date on market: 10/20/2025
- Listing terms: New Loan,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Sold | $550,000$161/sqft |
Source:  East Tennessee Realtors #1319281 Report a problem | ||
| 12/5/2025 | Pending sale | $550,000$161/sqft |
Source: East Tennessee Realtors #1319281 Report a problem | ||
| 11/24/2025 | Price change | $550,000-8.3%$161/sqft |
Source: East Tennessee Realtors #1319281 Report a problem | ||
| 10/20/2025 | Listed for sale | $600,000-7.7%$175/sqft |
Source: East Tennessee Realtors #1319281 Report a problem | ||
| 5/14/2025 | Listing removed | $650,000$190/sqft |
Source: East Tennessee Realtors #1296725 Report a problem | ||
| 4/10/2025 | Listed for sale | $650,000+400%$190/sqft |
Source: East Tennessee Realtors #1296725 Report a problem | ||
| 5/13/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/10/2022 | Listed for rent | $800-5.9% |
Source: Zillow Rental Manager Report a problem | ||
| 1/24/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/20/2022 | Listed for rent | $850+13.3% |
Source: Zillow Rental Manager Report a problem | ||
| 7/22/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/15/2021 | Listed for rent | $750+25% |
Source: Zillow Rental Manager Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/26/2019 | Listing removed | $600 |
Source: Owner Report a problem | ||
| 6/22/2019 | Listed for rent | $600 |
Source: Owner Report a problem | ||
| 3/10/2016 | Sold | $130,000$38/sqft |
Source: East Tennessee Realtors #923712 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,903 | $122,480 |
| 2024 | $1,903 | $122,480 |
| 2023 | $1,903 | $122,480 |
| 2022 | $1,903 +52.1% | $122,480 +107.6% |
| 2021 | $1,251 | $59,000 -60% |
| 2020 | $1,251 | $147,500 |
| 2019 | $1,251 | $147,500 -60.4% |
| 2018 | $1,251 -13.9% | $372,100 +909.1% |
| 2017 | $1,454 +4.7% | $36,875 |
| 2016 | $1,389 | -- |
| 2015 | $1,389 -46% | -- |
| 2014 | $2,571 +7.2% | -- |
| 2013 | $2,398 +109.4% | -- |
| 2012 | $1,145 | -- |
| 2011 | $1,145 | $48,520 |
| 2010 | $1,145 | $48,520 |
| 2009 | $1,145 +10.6% | $48,520 +26.1% |
| 2008 | $1,035 +60% | $38,480 +60% |
| 2007 | $647 +1.9% | $24,050 +1.9% |
| 2006 | $635 | $23,600 |
| 2005 | $635 +19.3% | $23,600 +31.3% |
| 2004 | $532 | $17,975 |
| 2003 | $532 | $17,975 |
| 2002 | -- | $17,975 |
| 2001 | -- | $17,975 +17.7% |
| 2000 | -- | $15,275 |
Find assessor info on the county website
Neighborhood: Oakwood
Nearby homes
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- $--1 bd1 ba600 sqft707 Atlantic Ave APT 2, Knoxville, TN 37917Off Market
- $---- bd1 ba600 sqft707 Atlantic Ave APT 5, Knoxville, TN 37917Off Market
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Nearby schools
GreatSchools rating
- 6/10Christenberry Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Whittle Springs Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Fulton High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Christenberry
- Middle: Whittle Springs
- High: Fulton
Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Tennessee
- Knox County
- Knoxville
- 37917
- Oakwood
- 707 Atlantic Ave
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