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3720 Spruce Ridge Way, Knoxville, TN 37920

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For Sale

$470,000

4 beds • 4 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • 2006
    Year built

  • Finished
    Basement

Explore this Property

Nestled in the sought-after Woodlands of Knoxville community, this spacious 4-bedroom, 4-bathroom garden layout home offers a fantastic investment opportunity. Fully leased through July 31, 2026, this property generates a reliable monthly income of $2,850. With three tenants paying $720 per month and one tenant paying $690 per month, you'll enjoy a consistent cash flow for years to come. Each bedroom in this well-designed layout features its own private bathroom, ensuring maximum privacy and comfort for the tenants. The property boasts a peaceful, serene atmosphere, with a charming back deck that overlooks a lush wooded area-providing a perfect retreat for tenants to relax and enjoy nature. The Woodlands of Knoxville is known for its top-tier amenities, including a clubhouse, pool, fitness center, and more, making it an appealing spot for student housing or young professionals. Its prime location near the University of Tennessee adds to the property's value and desirability. This is a great opportunity to invest in a well-maintained, income-generating home with a tranquil setting. Schedule your showing today!
MLS# 1313887

Listed By CENTURY 21 Legacy

Property Features

  • Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Basement
    Finished
  • Cooling
    Central A/C
  • Exterior Description
    Brick, Wood Siding
  • Exterior Living Space
    Balcony / Lanai
  • Flooring
    Tile, Wall to Wall Carpet, Laminate
  • Style
    Other Style

Home seller Meet the Agent,
Allie Marret

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Allie Marret

of CENTURY 21 Legacy

(865) 250-0108
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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