3720 Spruce Ridge Way 2211, Knoxville, TN 37920

$470,000
Property Type: Single Family Bedrooms: 4 Square Footage: 1,510 Status: Active
Current Price: $470,000 List Date: 9/01/2025 Last Modified: 9/02/2025

Description

Nestled in the sought-after Woodlands of Knoxville community, this spacious 4-bedroom, 4-bathroom garden layout home offers a fantastic investment opportunity. Fully leased through July 31, 2026, this property generates a reliable monthly income of $2,850. With three tenants paying $720 per month and one tenant paying $690 per month, you'll enjoy a consistent cash flow for years to come. Each bedroom in this well-designed layout features its own private bathroom, ensuring maximum privacy and comfort for the tenants. The property boasts a peaceful, serene atmosphere, with a charming back deck that overlooks a lush wooded area—providing a perfect retreat for tenants to relax and enjoy nature. The Woodlands of Knoxville is known for its top-tier amenities, including a clubhouse, pool, fitness center, and more, making it an appealing spot for student housing or young professionals. Its prime location near the University of Tennessee adds to the property's value and desirability. This is a great opportunity to invest in a well-maintained, income-generating home with a tranquil setting. Schedule your showing today!

More Information MLS# 1313887

Contract Info

Auction Y/N: No Listing Price: 470000 Current Price: $470,000 Status: Active Listing Date: 2025-09-01

Location, Tax & Legal Info

Unit #: 2211 Area: Knox County - 1 Property Sub-Type: Condominium City/County Code: City Limits Total Tax: 1652.63

General Property Description

Type: Other # Bedrooms: 4 Acre Source: Tax Records # of Rooms: 6 Restrictions: Yes Site Built: Yes Fireplace: No HOA Fee: 369 HOA Freq: Monthly HOA Contact: Ashlynn@woodlandsofknoxville.com Property Status: N/A SqFt - Main Lvl: 1510 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 0 HOA: Mandatory Basement: No Bonus Room: No SqFt - Total (Aprox): 1510 Baths - Full: 4 Year Built: 2006

Remarks & Misc

Directions: From Alcoa Hwy / US-129, take the Cherokee Trail / UT Hospital exit. Stay right at light and continue onto Cherokee Trail for 1.2 miles. The Woodlands office is located in the Clubhouse on the right. Public Remarks: Nestled in the sought-after Woodlands of Knoxville community, this spacious 4-bedroom, 4-bathroom garden layout home offers a fantastic investment opportunity. Fully leased through July 31, 2026, this property generates a reliable monthly income of $2,850. With three tenants paying $720 per month and one tenant paying $690 per month, you'll enjoy a consistent cash flow for years to come. Each bedroom in this well-designed layout features its own private bathroom, ensuring maximum privacy and comfort for the tenants. The property boasts a peaceful, serene atmosphere, with a charming back deck that overlooks a lush wooded area—providing a perfect retreat for tenants to relax and enjoy nature. The Woodlands of Knoxville is known for its top-tier amenities, including a clubhouse, pool, fitness center, and more, making it an appealing spot for student housing or young professionals. Its prime location near the University of Tennessee adds to the property's value and desirability. This is a great opportunity to invest in a well-maintained, income-generating home with a tranquil setting. Schedule your showing today!

Atchd/Dtchd Type

Attached: 1

Style

Other: 1

Construction

Block: 1 Brick: 1 Frame: 1

Siding

Brick: 1 Shingle Shake: 1 Wood: 1

Fireplace

None: 1

Cooling

Central Cooling: 1

Floors

Carpet: 1 Laminate: 1 Tile: 1

Garage/Parking

Common: 1

Basement

None: 1

Lot Description

Wooded: 1

Fuel

Electric: 1

View

Wooded: 1

Heat

Central: 1

Community Amenities

Club House: 1 Exercise Room: 1 Gated Community: 1 Lawn Care: 1 Picnic/Barbeque Area: 1 Rec Facilities: 1 Security: 1 Sidewalks: 1 Swimming Pool: 1 Tennis Courts: 1

Dining Area

Living Rm/Dining Rm: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Self Cleaning Oven: 1 Smoke Detector: 1 Washer: 1

Other Rooms

Extra Storage: 1 Laundry/Utility: 1

Exterior Features

Balcony: 1 Pool - Swim (Ingrnd): 1 Prof Landscaped: 1 Tennis Court(s): 1 Windows - Vinyl: 1

Misc Features

Internet Available: 1 Pantry: 1 Walk-In Closet(s): 1 Washer/Dryer Connect: 1

Sewer

Public Sewer: 1

Water

Public: 1

Outbuildings

Gazebo: 1

Association Fee Incl

All Amenities: 1 Association Ins: 1 Building Exterior: 1 Fire Protection: 1 Grounds Maintenance: 1 Pest Contract: 1 Security: 1 Trash: 1 Other: 1

New Financing

Cash: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 3720 Street Name: Spruce Ridge Way State/Province: TN Zip Code: 37920 PIN #: 108MB00106G Subdivision: The Woodlands Of Knoxville Geo Lat: 35.937792 Geo Lon: -83.927618

Status Change Info

Status Change Date: 2025-09-01

Property Features

Style: Other Construction: Block; Brick; Frame Siding: Brick; Shingle Shake; Wood Basement: None Lot Description: Wooded View: Wooded Fireplace: None Floors: Carpet; Laminate; Tile Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector; Washer Sewer: Public Sewer Water: Public Other Rooms: Extra Storage; Laundry/Utility Misc Features: Internet Available; Pantry; Walk-In Closet(s); Washer/Dryer Connect Exterior Features: Balcony; Pool - Swim (Ingrnd); Prof Landscaped; Tennis Court(s); Windows - Vinyl Outbuildings: Gazebo Dining Area: Living Rm/Dining Rm Community Amenities: Club House; Exercise Room; Gated Community; Lawn Care; Picnic/Barbeque Area; Rec Facilities; Security; Sidewalks; Swimming Pool; Tennis Courts Association Fee Incl: All Amenities; Association Ins; Building Exterior; Fire Protection; Grounds Maintenance; Pest Contract; Security; Trash; Other Showing: See Agent Instructns New Financing: Cash
Listing Office: CENTURY 21 Legacy
IDX
Office Phone: 865-984-2121
Last Updated: September - 02 - 2025
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.