UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,032 sqft
Price per Sqft $605
Subdivision University Tower Condo Unit 108
MLS Listing ID 1331138
Style Traditional
Bedrooms 3
Full Baths 2
HOA Fees $494/mo
Year Built 1966
Property Sub-Type Condominium
Source East Tennessee REALTORS® MLS
Property Description
This ground-floor unit features direct access to the pool, making it especially appealing for summer living and enhancing rental desirability. Sellers are offering a $3,500 credit with an acceptable offer toward two onsite garage parking spaces, providing added convenience and value. Ideally located within walking distance to campus and downtown amenities, this property delivers both convenience and return potential.
Welcome to University Tower Condominiums, ideally positioned at 1700 Clinch Avenue in the heart of downtown Knoxville and in the heart of Cumberland Avenue. This rare 3-bedroom, 2-bath main-level residence offers a strategic blend of location, stability, and long-term value -- and is zoned for short-term rental, creating flexibility for future use.
Located within walking distance to the University of Tennessee (UTK), this property is perfectly positioned for student housing, game-day accommodations, or executive rental opportunities. Enjoy immediate access to the energy of Cumberland Avenue and close proximity to downtown favorites including Market Square, World's Fair Park, and Neyland Stadium.
Currently tenant-occupied with leases in place through July 31, 2026, generating $3,600, per month in rental income. Leases will transfer with the sale, offering immediate cash flow for the next owner.
Inside, the thoughtfully designed floor plan features durable tile and luxury vinyl plank flooring throughout, along with an in-unit washer and dryer for added convenience.
As a prime main-floor unit, residents enjoy direct access to the community pool -- a highly desirable feature in downtown condo living. Garage parking availability further enhances accessibility and everyday comfort.
Whether you are expanding your investment portfolio or planning for future occupancy in one of Knoxville's most dynamic corridors, this property delivers location, flexibility, and proven income potential.
Location
State TN
County Knox County - 1
Rooms
Basement None
Interior
Heating Central, Electric
Cooling Central Cooling, Ceiling Fan(s)
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Dryer, Range, Refrigerator, Washer
Heat Source Central, Electric
Exterior
Exterior Feature Balcony
Parking Features Off-Street Parking
Garage Description Off-Street Parking
Pool true
Amenities Available Swimming Pool, Elevator, Security
View City
Garage No
Building
Lot Description Zero Lot Line
Faces 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.
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Brick
Schools
Elementary Schools Sequoyah
Middle Schools Bearden
High Schools West
Others
HOA Fee Include Pest Contract,Trash,Water
Restrictions Yes
Tax ID 094NJ01505D
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOLS & PROPERTIES
