1700 Clinch Ave #108, Knoxville, TN 37916
Local realty services provided by:CENTURY 21 Legacy
1700 Clinch Ave #108,Knoxville, TN 37916
$624,900
- 3 Beds
- 2 Baths
- 1,032 sq. ft.
- Single family
- Active
Listed by: julie carter, misty cunningham
Office: keller williams signature
MLS#:1331138
Source:TN_KAAR
Price summary
- Price:$624,900
- Price per sq. ft.:$605.52
- Monthly HOA dues:$494
About this home
Turnkey downtown UTK condo offering strong investment potential with $3,600/month in rental income--approximately a 7% return at the current price of $624,900. With student rental rates on the rise, this is a smart opportunity for investors seeking consistent cash flow in a high-demand area. It also presents a great option for parents wanting to provide housing for their UT student while making a sound financial investment.
This ground-floor unit features direct access to the pool, making it especially appealing for summer living and enhancing rental desirability. Sellers are offering a $3,500 credit with an acceptable offer toward two onsite garage parking spaces, providing added convenience and value. Ideally located within walking distance to campus and downtown amenities, this property delivers both convenience and return potential.
Welcome to University Tower Condominiums, ideally positioned at 1700 Clinch Avenue in the heart of downtown Knoxville and in the heart of Cumberland Avenue. This rare 3-bedroom, 2-bath main-level residence offers a strategic blend of location, stability, and long-term value -- and is zoned for short-term rental, creating flexibility for future use.
Located within walking distance to the University of Tennessee (UTK), this property is perfectly positioned for student housing, game-day accommodations, or executive rental opportunities. Enjoy immediate access to the energy of Cumberland Avenue and close proximity to downtown favorites including Market Square, World's Fair Park, and Neyland Stadium.
Currently tenant-occupied with leases in place through July 31, 2026, generating $3,600, per month in rental income. Leases will transfer with the sale, offering immediate cash flow for the next owner.
Inside, the thoughtfully designed floor plan features durable tile and luxury vinyl plank flooring throughout, along with an in-unit washer and dryer for added convenience.
As a prime main-floor unit, residents enjoy direct access to the community pool -- a highly desirable feature in downtown condo living. Garage parking availability further enhances accessibility and everyday comfort.
Whether you are expanding your investment portfolio or planning for future occupancy in one of Knoxville's most dynamic corridors, this property delivers location, flexibility, and proven income potential....
Contact an agent
Home facts
- Year built:1966
- Listing ID #:1331138
- Added:51 day(s) ago
- Updated:April 20, 2026 at 02:29 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:5
- Flooring:Tile
- Basement:Yes
- Living area:1,032 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric
Structure and exterior
- Year built:1966
- Building area:1,032 sq. ft.
- Lot Features:Zero Lot Line
- Architectural Style:Traditional
- Construction Materials:Brick
- Exterior Features:Balcony
Schools
- High school:West
- Middle school:Bearden
- Elementary school:Sequoyah
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$624,900
- Price per sq. ft.:$605.52
Parking
- Parking description:Off-Street Parking
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