1803 Forest Ave Knoxville, TN 37916
Property details
About 1803 Forest Ave
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!
Highlights
Virtual tour
Summary
- MLS Number: 1292226
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: ReMax Preferred Properties, In
- Office Phone: (865) 694-8100
- Office Email: kimaldridge@remax.net
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Last updated on: 3/14/2025, 12:50:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$749,000
1803 Forest Ave
$8,894
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 17, 2021 | Home Sold | $296,500 |
| Aug 27, 2008 | Home Sold | $1,050,000 |
| Aug 26, 1997 | Home Sold | $80,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $123,600 | $4,585 |
| 2022 | $123,600 | $4,585 |
| 2020 | $17,525 | $803 |
| 2019 | $17,525 | $803 |
| 2017 | $21,125 | $968 |
History based on county public records data.
Nearby schools
3
Maynard Elementary School
Public District PK-5
0.6 mi
•737 College St
6
Beaumont Magnet Academy
Public Magnet KG-5
1.1 mi
•1211 Beaumont Ave
3
West View Elementary School
Public District PK-5
1.3 mi
•1714 Mingle Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $15,052. Typical income of Knoxville, TN residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NBA/WNBA
Soccer
Continuing Education Courses
Where do the neighbors shop?
Express/Express For Men
Forever 21
Books-a-Million
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Qdoba
What do the neighbors drive?
Pontiac
Mazda
Volkswagen
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Hits
Frequently asked questions
About 1803 Forest Ave
This home is located at 1803 Forest Ave in Knoxville, TN and zip code 37916 in the Fort Sanders neighborhood. This 1,178 square foot home, which was built in 1925, sits on a 0.15 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 6, 2025 and is currently priced at $749,000.
Knoxville, TN housing market in February 2025 saw over 54 listings sold above listed price, more than 61 sold at listed price and over 168 sold below. In February 2025 in Knoxville, TN there were 3% more homes for sale than in January. In February 2025, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $382,067.