1700 Clinch Ave #108 Knoxville, TN 37916
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,032 sqft
Price per Sqft $605
Subdivision University Tower Condo Unit 108
MLS Listing ID 1331138
Style Traditional
Bedrooms 3
Full Baths 2
HOA Fees $494/mo
Year Built 1966
Property Sub-Type Condominium
Source East Tennessee REALTORS® MLS
Property Description
Turnkey downtown UTK condo generating $3,600/month (~7% return at $624,900) with short-term rental approval, offering both immediate cash flow and long-term flexibility. Seller is offering a $3,500 credit toward two onsite garage parking spaces, adding valuable convenience in this high-demand location.
Ideal for investors seeking consistent income or parents looking to secure housing for their UT student while building equity. Tenant-occupied through July 31, 2026, with leases transferring at closing--providing instant, stable returns.
This rare 3-bedroom, 2-bath ground-floor unit at University Tower Condominiums features direct pool access, enhancing both lifestyle appeal and rental desirability--especially during peak summer months. Inside, enjoy a functional layout with tile and luxury vinyl plank flooring throughout plus an in-unit washer and dryer for added convenience.
Located at 1700 Clinch Avenue in the heart of Cumberland Avenue, you're just steps from UTK campus, with walkable access to dining, nightlife, and downtown Knoxville hotspots including Market Square, World's Fair Park, and Neyland Stadium.
Whether you're expanding your portfolio or planning ahead for future occupancy, this property delivers location, flexibility, and proven income performance in one of Knoxville's strongest rental markets.
Location
State TN
County Knox County - 1
Rooms
Basement None
Interior
Heating Central, Electric
Cooling Central Cooling, Ceiling Fan(s)
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Dryer, Range, Refrigerator, Washer
Heat Source Central, Electric
Exterior
Exterior Feature Balcony
Parking Features Off-Street Parking
Garage Description Off-Street Parking
Pool true
Amenities Available Swimming Pool, Elevator, Security
View City
Garage No
Building
Lot Description Zero Lot Line
Faces From I-40 take the 17th Street exit south towards Cumberland Avenue and The University of Tennessee. . University Tower building 5-6 blocks on the right, on the corner of 17th Street and Clicnch Avenue.
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Brick
Schools
Elementary Schools Sequoyah
Middle Schools Bearden
High Schools West
Others
HOA Fee Include Pest Contract,Trash,Water
Restrictions Yes
Tax ID 094NJ01505D
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
GET MORE INFORMATION