BEDS3
BATHS2 full
SQUARE FEET1,032
MLS#1331138
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONUniversity Tower Condo Unit 108
NEIGHBORHOODKnox County - 1
Property Description
**Downtown Knoxville Investment Opportunity with Immediate Income - WALKING DISTANCE TO UTK/CUMBERLAND AVE**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 $2,550 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.
Property Features
Property Type: Residential - Condominium
Cooling: Central Cooling, Ceiling Fan(s)
Fireplaces: 1
Fuel Type: Electric
Heating: Central, Electric
Home Style: Traditional
Year Built: 1966
Amenities
Balcony
Feature Descriptions
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Association/Condo Fee: 494/Monthly
Association Amenities: Swimming Pool, Elevator, Security
Exterior: Brick
Flooring: Tile
HOA Y/N: Yes
Lot: Zero Lot Line
Parcel #: 094NJ01505D
Parking: Off-Street Parking
Sewer: Public Sewer
Special View Info: City
SQFT Total: 1032
Swimming Pool: Yes
View: City
Water: Public
Local Schools
High School: West
Middle School: Bearden
Elementary School: Sequoyah
Listed By / Shown By
Listed By
Agency Name: Keller Williams Signature
Shown By
Agent Name: Rebecca Johnson
Agent Phone: Cell: (865) 446-0380
Agency Title: Crye-Leike Real Estate Services
Source: East Tennessee REALTORS
Estimate Your Payment
Estimated Payment
$ 1,635.95 per month $1,446.40 Principal & Interest $0.00 Property Tax (data not provided by mls) $189.55 Homeowner's InsuranceChange Payment Information
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1700 Clinch Ave | MLS# 1331138
This condo located at 1700 Clinch Ave, Knoxville, TN 37916 is currently listed for sale with an asking price of $649,900. This property was built in 1966 and has 3 bedrooms and 2 full baths with 1032 sq. ft. Clinch Ave is located in the University Tower Condo Unit 108 subdivision. Search University Tower Condo Unit 108 real estate on www.soldbyrebeccaj.com today.