1700 Clinch Ave 108, Knoxville, TN 37916

$565,000
Property Type: Single Family Bedrooms: 3 Square Footage: 1,032 Status: Active
Current Price: $565,000 List Date: 3/03/2026 Last Modified: 7/22/2026

Overview

Description

Turnkey Investment | Fully Furnished | STR Approved | Prime UTK Location Exceptional investment opportunity in the heart of downtown Knoxville! This fully furnished 3-bedroom, 2-bath condo is currently leased to University of Tennessee students through July 31, 2026, generating $3,600 per month in rental income with immediate cash flow from day one. Current tenants are paying below-market rent, providing the next owner with the opportunity to increase rental income upon lease renewal. Approved for short-term rentals, this property offers outstanding flexibility--continue leasing to UT students, operate as a short-term rental, or secure premier housing for your own future Vol while building equity. This rare ground-floor unit at University Tower Condominiums features direct access to the community pool, making it especially desirable for both long-term tenants and short-term guests. Inside you'll find durable tile and luxury vinyl plank flooring throughout, a spacious and funct ...

Listing Details MLS# 1331138

Location Tax Legal Info

House #
1700
Street Name
Clinch
St Suffix
Ave
State/Province
TN
Zip Code
37916
PIN #
094NJ01505D
Subdivision
University Tower Condo Unit 108

Contract Info

Auction Y/N
No
Listing Price
565000
Occupancy
Either

General Property Description

Type
High Rise
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
1032
SqFt - Main Lvl
1032
# Bedrooms
3
Baths - Full
2
# of Rooms
5
Fireplace
No
Property Status
N/A
HOA
Mandatory
HOA Fee
494
HOA Freq
Monthly
HOA Contact
Barbara Mawk 615-775-9050
Year Built
1966
Bonus Room
No
SqFt - Down Lvl
0
SqFt - 2nd Flr Lvl
0
SqFt - 3rd Flr Lvl
0
# Fireplace
0
Basement
No

Status Change Info

Status Change Date
2026-03-03

Location, Tax & Legal Info

Unit #
108
Area
Knox County - 1
Property Sub-Type
Condominium
City/County Code
City Limits
Elementary School
Sequoyah
Middle School
Bearden
Total Tax
1226.95
High School
West

Remarks & Misc

Directions
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.
Public Remarks
Turnkey Investment | Fully Furnished | STR Approved | Prime UTK Location Exceptional investment opportunity in the heart of downtown Knoxville! This fully furnished 3-bedroom, 2-bath condo is currently leased to University of Tennessee students through July 31, 2026, generating $3,600 per month in rental income with immediate cash flow from day one. Current tenants are paying below-market rent, providing the next owner with the opportunity to increase rental income upon lease renewal. Approved for short-term rentals, this property offers outstanding flexibility--continue leasing to UT students, operate as a short-term rental, or secure premier housing for your own future Vol while building equity. This rare ground-floor unit at University Tower Condominiums features direct access to the community pool, making it especially desirable for both long-term tenants and short-term guests. Inside you'll find durable tile and luxury vinyl plank flooring throughout, a spacious and functional layout, an in-unit washer and dryer, and the convenience of being sold completely furnished--making it truly move-in or rent-ready. Garage parking is available, a valuable amenity in downtown Knoxville that adds convenience for residents and guests alike. Located at 1700 Clinch Avenue, just steps from the University of Tennessee campus, Cumberland Avenue, restaurants, shopping, nightlife, and downtown Knoxville favorites including Market Square, World's Fair Park, and Neyland Stadium. This is excellent UT student housing and an exceptional opportunity for investors seeking reliable rental income or parents looking to purchase a home for their student while building long-term equity. With immediate income, future rental upside, STR approval, and one of the best locations near campus, this property offers the perfect combination of convenience, flexibility, and investment potential.

More Information

Atchd/Dtchd Type

Attached
Yes

Style

Traditional
Yes

Construction

Brick
Yes

Siding

Brick
Yes

Fireplace

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes

Floors

Luxury Vinyl Plank
Yes
Tile
Yes

Garage/Parking

Off-Street Parking
Yes

Basement

None
Yes

Lot Description

Zero Lot Line
Yes

Fuel

Electric
Yes

View

City
Yes

Heat

Central
Yes

Community Amenities

Elevator
Yes
Security
Yes
Swimming Pool
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Exterior Features

Balcony
Yes

Misc Features

Washer/Dryer Connect
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Association Fee Incl

Pest Contract
Yes
Trash
Yes
Water
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Traditional Construction: Brick Siding: Brick Basement: None Lot Description: Zero Lot Line Fireplace: None Floors: Luxury Vinyl Plank; Tile Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Sewer: Public Sewer Water: Public Misc Features: Washer/Dryer Connect Exterior Features: Balcony Community Amenities: Elevator; Security; Swimming Pool Association Fee Incl: Pest Contract; Trash; Water Showing: See Agent Instructns New Financing: Cash; Conventional
IDX
Listing Office: Keller Williams Signature
Last Updated: July - 22 - 2026
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