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1900 Dutch Valley Dr
Knoxville, TN 37918 Uptown Knoxville

$7,000,000 USD

Multifamily For Sale  •  180,000 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 180,000 SF
  • Lot Size 4.02 AC
  • Building Class C
  • Year Built 1968
  • Zoning RN-5
26 Transit Score
26 Walk Score

Highlights

Expansion Potential: 44 existing units with capacity to build out 3 additional units plus duplex redevelopment, bringing total potential to 49 units
Recent Capital Improvements: Significant investment in exterior painting and interior renovations across most units, reducing immediate CapEx requirem
Immediate Rental Upside: Current rents at $1,355/month with market rate of $1,450/month presents $95/unit opportunity for NOI growth
Amenities: All units feature in-unit laundry connections—a high-demand amenity that supports stronger rents and tenant retention
Turnkey Operation: Renovated units with uniform 2BD/1BA layouts (~820 SF) deliver stable cash flow with clear value-add path through expansion and ren

Public Transportation

AirportDriveWalkDistance
McGhee Tyson 37 min - 20.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 69
Type: Surface
Included in Rent: Yes
Ford Collier 865-936-9999 SVN | Wood Properties
Ford Collier 865-936-9999 SVN | Wood Properties