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1807 Logan Ave
Knoxville, TN 37921 Westside

$1,700,000 USD

Multifamily For Sale  •  18,000 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 9,000 SF
  • Building Class B
  • Year Built 2024
  • Cap Rate 9.50 %
  • Zoning mixed use
35 Transit Score
61 Walk Score

Highlights

Consistent STR bookings via AIRBNB. Building 1809 is rented to UTK students and young professionals on a month to month basis.
Close to UTK, Downtown Knoxville, Neyland Stadium and Smokys Baseball Stadium

Financial Summary (Actual)

Net Operating Income: $163,000 USD (2024)
Cap Rate: 9.50 %
Total Expenses: $41,000 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Tenant Controlled HVAC
  • Washer/Dryer
  • Trash Pickup - Curbside
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Dining Room
  • Instant Hot Water
  • Smoke Free
  • Private Bathroom
  • Smoke Detector
  • Walk-Up

Public Transportation

AirportDriveWalkDistance
McGhee Tyson 30 min - 16.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: AttachedGarage
Included in Rent: Yes
Laura Toole 865-315-4027 Prestigious Properties of Knoxville LLC
Laura Toole 865-315-4027 Prestigious Properties of Knoxville LLC