4700 Upchurch Rd - Apartments FOR SALE


Knoxville, TN 37912- Uptown Knoxville
$1,650,000 USD
865-936-9999
4700 Upchurch Rd, Knoxville, TN for Sale
$1,650,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

4700 Upchurch Rd
Knoxville, TN 37912
Uptown Knoxville


HIGHLIGHTS

  • Turnkey asset with recent renovations — Updated 1BR/1BA units featuring modern finishes, central air, and minimal CapEx needs.
  • Strong in-place income with immediate rent upside — Current rents at $990 with market potential around $1,150, providing a clear value-add pathway.
  • Prime North Knoxville location — Minutes from Downtown, I-640, and major employment hubs, supporting high renter demand and stable occupancy.
  • Ownership-friendly utility structure — Water, landscaping, and waste service are included, simplifying management and enhancing tenant retention.
  • Solid stabilized performance with growth potential — A great fit for investors seeking a low-maintenance, cash-flowing property with room to push rent

OVERVIEW

SVN | Wood Properties is proud to present 4700 Upchurch Road, offers a strong 14 unit investment opportunity in a convenient North Knoxville location. Situated near I-75 and downtown Knoxville, this property provides tenants with easy access to major employers, shopping, and everyday essentials while maintaining a quiet residential atmosphere. Its excellent location and accessibility make it a sought-after rental choice for those who value both comfort and convenience. Each unit is designed for practical living, featuring functional layouts that attract steady, long-term tenants. The property currently generates $990 per month, delivering reliable cash flow and solid occupancy performance. Its low-maintenance design and consistent rental history make it a dependable income-producing asset in one of Knoxville’s most active rental corridors. With a market rent of $1,150, 4700 Upchurch Road presents clear potential for rent growth and increased returns. This property combines stability, location, and upside opportunity — a great fit for investors seeking a balanced blend of immediate income and long-term appreciation in the Knoxville area. This property has a large backyard that could be used for amenities along with a building on the back that could be turned into a laundry room. The property also has a large garage which could be rented out for additional income. This property is part of a 129 Unit portfolio that can be purchased together.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$147 USD /SF

# OF UNITS

14

PRICE/UNIT

$117,857

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Upchurch Road

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

R-2

APN/PARCEL ID

069HE-030

ASK ABOUT THIS PROPERTY

Ford CollierSVN | Wood PropertiesMore Info
865-936-9999

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Ford CollierSVN | Wood PropertiesMore Info
865-936-9999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.