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Crown And Anchor Can Help You Purchase This Home
Thank you for choosing Crown And Anchor Reality! As one of the Knoxville area's premier Real Estate Brokers, we are uniquely qualified to help you find your dream home. On the lake, around town or out on a farm, Crown And Anchor is here to help!
1700 Clinch Ave 108, Knoxville, 37916
Priced At: $649,900
Listing Videos - 1
Property Details for ID: 1331138
Contact Us Schedule Showing Text Flyer Email FlyerSqFt: 1,032
Price SqFt: $630
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: **Downtown Knoxville Investment Opportunity with Immediate Income - WALKING DISTANCE TO UTK/CUMBERLAND AVE** 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 $2,550 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.
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.
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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. We can provide you names of Mortgage Loan Officers that will provide you more details on your payment and total down payment.
Four Reasons to Use Crown And Anchor Realty
Buying or Selling real estate should be fun and simple. With Crown And Anchor, that's exactly what you can expect. We will strive to make each and every interaction a professional and pleasant experience!