1209 W Clinch Ave, Knoxville, TN 37916

$1,195,000
Property Type: Multi-Family Square Footage: 3,412 Status: Active
Current Price: $1,195,000 List Date: 5/04/2026 Last Modified: 5/09/2026

Overview

Description

A rare opportunity to own a multi-unit rental property just blocks from the University of Tennessee campus. This charming 1910 Victorian home offers a unique blend of historic character and strong investment potential. The property features four well-appointed one-bedroom apartments, each with its own living room, bedroom, bathroom, kitchen, and in-unit washer and dryer--ideal for student or long-term tenants. Lovingly maintained, this home showcases timeless architectural details while benefiting from recent updates. The exterior has been freshly painted and all windows are currently being replaced, enhancing its curb appeal and preserving its classic charm. Whether you're expanding your portfolio or looking for a prime income-producing property in a highly desirable location, this is an opportunity you won't want to miss. Each unit is currently leased below market value, allowing room for growth, higher investment returns, and immediate value-add appreciation

Listing Details MLS# 1339372

Location Tax Legal Info

House #
1209
St Dir
W
Street Name
Clinch
St Suffix
Ave
State/Province
TN
Zip Code
37916
PIN #
094MB028

Contract Info

Auction Y/N
No
Listing Price
1195000

General Property Description

SqFt - Total (Aprox)
3412
Lot Dimensions
45MX100
Number of Units
4
# Units Leased
4
Year Built
1910
Property Status
N/A
Restrictions
No
Driveway
No
Lease Information
Leased through 7/31/26
Utilities/Mo Avg
0

Status Change Info

Status Change Date
2026-05-04

Location, Tax & Legal Info

Area
Knox County - 1
Community
Fort Sanders
City/County Code
City Limits
Elementary School
Sequoyah
Middle School
Bearden
Total Tax
6389.42
High School
West

Remarks & Misc

Directions
Take Henley St. to Clinch Avenue. House will be on the Right.
Public Remarks
A rare opportunity to own a multi-unit rental property just blocks from the University of Tennessee campus. This charming 1910 Victorian home offers a unique blend of historic character and strong investment potential. The property features four well-appointed one-bedroom apartments, each with its own living room, bedroom, bathroom, kitchen, and in-unit washer and dryer--ideal for student or long-term tenants. Lovingly maintained, this home showcases timeless architectural details while benefiting from recent updates. The exterior has been freshly painted and all windows are currently being replaced, enhancing its curb appeal and preserving its classic charm. Whether you're expanding your portfolio or looking for a prime income-producing property in a highly desirable location, this is an opportunity you won't want to miss. Each unit is currently leased below market value, allowing room for growth, higher investment returns, and immediate value-add appreciation

More Information

Income/Expenses

Gross Annual Income
50760
Annual Oper Expenses
12000

Property Sub-Type

Apartment
Yes
Four Plex
Yes
House Converted
Yes

Construction

Frame - Brick
Yes

Type of Units

1 Bedroom Unit
Yes

Siding

Shingle Shake
Yes

Sale Includes

Building and Land
Yes

Miscellaneous

Porch
Yes

Cooling

Ceiling Fan(s)
Yes
Window Unit(s)
Yes

Floors

Hardwood
Yes
Laminate
Yes

Garage/Parking

On-Street Parking
Yes

Tenant Expenses

Electricity
Yes
Other
Yes

Owner Expenses

Water
Yes

Fuel

Electric
Yes

Heat

Baseboard
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Self Cleaning Oven
Yes
Smoke Detector
Yes
Washer
Yes

Other Rooms

Bedroom Main Level
Yes
Family Room
Yes
Foyer
Yes
Other
Yes

Roof

Composition
Yes
Shingle
Yes

Exterior Features

Windows - Vinyl
Yes

Misc Features

Internet Available
Yes
Washer/Dryer Connect
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

Property Features

Property Sub-Type: Apartment; Four Plex; House Converted Type of Units: 1 Bedroom Unit Sale Includes: Building and Land Floors: Hardwood; Laminate Tenant Expenses: Electricity; Other Owner Expenses: Water Fuel: Electric Heat: Baseboard Cooling: Ceiling Fan(s); Window Unit(s) Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer Construction: Frame - Brick Roof: Composition; Shingle Siding: Shingle Shake Exterior Features: Windows - Vinyl Misc Features: Internet Available; Washer/Dryer Connect Other Rooms: Bedroom Main Level; Family Room; Foyer; Other Miscellaneous: Porch New Financing: Cash; Conventional Showing: See Agent Instructns
IDX
Listing Office: Gables & Gates, REALTORS
Office Phone: 865-777-9191
Last Updated: May - 09 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.