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Thank you for choosing Daniel Parker! 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!
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.
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.
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.
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!
I can give you referrals to trusted loan officers, insurance agents, home inspectors, heat & air specialists, title companies and all service providers dealing with all things home.
I recognize that we are partners with our clients and as such, I strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.
Need educated advice and a strong advocate, I will provide advice based on years of experience and advanced education.
Licensed Real Estate Agent, I have the experience to solve problems that arise and the know how to avoid major pitfalls
Realty Executives Associates is a licensed Tennessee Real Estate Firm. Firm License #213347. Some or all of the Listing Displayed on this Site may not belong to Realty Executives Associates. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.