1700 Clinch Ave 108, Knoxville, TN 37916
$624,900
Property Type:
Single Family
Bedrooms:
3
Square Footage:
1,032
Status:
Active
Current Price:
$624,900
List Date:
3/03/2026
Last Modified:
5/01/2026
Overview
Description
...
(Read more)
****7% ROI | STR Approved | 2 Garage Parking Spots Free for 1 Year****
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.
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
- 624900
- 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
- ****7% ROI | STR Approved | 2 Garage Parking Spots Free for 1 Year**** 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.
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
Office Phone: 865-588-9300
Last Updated: May - 01 - 2026
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