This exceptional multi-family property, zoned for commercial use, presents a charming historic residence situated just outside the lively Happy Holler district. It represents an excellent investment opportunity, benefiting from a prime location with convenient access to local amenities. Although the apartment units currently require some repairs, cleaning, and modernization, they offer significant potential for value-added renovation. The property includes a spacious, unfinished fourth unit on the upper floor, which could be completed to generate additional income. Each dwelling is equipped with its own electric meter for independent utility management. The first-floor apartments currently command a monthly rent of $1200 each, while the upstairs unit rents for $1000. Tenants are responsible for all utility costs. Recent enhancements include a newer roof. The property is set on a generous lot, featuring an outdoor storage building and rear access from the back street, which provides convenient off-street parking.

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Based on information submitted to East Tennessee Realtors as of August 13, 2026 9:57 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 123 E Springdale Avenue

Property Details

Basic Information

Building

Location

Interior Features

Other

Exterior Features

Features

Utilities and Appliances

Utilities and Appliances

Community

Schools

Area

Map Location

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