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BJ Can Help You Purchase This Home
Thank you for choosing BJ Swinehart! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find your dream home. On the lake, around town or out on a farm. Remember, BJ is here to help!
1700 Clinch Ave 108, Knoxville, 37916
Priced At: $624,900
Property Details for ID: 1331138
SqFt: 1,032
Price SqFt: $606
Total Bedrooms: 3
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-03-03T13:54:34Z
Subdivision: University Tower Condo Unit 108
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.
Schools Information
Elementary School: SequoyahMiddle / Junior School: Bearden
High School: West
Building Description
Site Built: Yes
Year Built: 1966
Total Rooms: 5
SqFt (Total): 1,032
SqFt (Main Lvl): 1,032
Full Baths: 2
1/2 Baths: 0
Fireplace: No
Bonus Room: No
Basement: No
Basement Type: None
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: Mandatory
HOA Fee: 494
HOA Freq: Monthly
HOA Contact: Barbara Mawk 615-775-9050
Heating & Cooling
Total Fireplaces: 0
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
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.
Your commute
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Mortgage Calculator
This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use BJ Swinehart
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!