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1900 Dutch Valley Dr - Dutch Valley Village 44 Unit Apartment Building Offered at $7,000,000 Knoxville, TN 37918
Investment Highlights
- Expansion Potential: 44 existing units with capacity to build out 3 additional units plus duplex redevelopment, bringing total potential to 49 units
- Immediate Rental Upside: Current rents at $1,355/month with market rate of $1,450/month presents $95/unit opportunity for NOI growth
- Turnkey Operation: Renovated units with uniform 2BD/1BA layouts (~820 SF) deliver stable cash flow with clear value-add path through expansion and ren
- Recent Capital Improvements: Significant investment in exterior painting and interior renovations across most units, reducing immediate CapEx requirem
- Amenities: All units feature in-unit laundry connections—a high-demand amenity that supports stronger rents and tenant retention
Executive Summary
SVN | Wood Properties is proud to present 1900 Dutch Valley Drive, just off Dutch Holland Drive, is a charming 44 unit multifamily property in a quiet North Knoxville neighborhood that blends suburban calm with city convenience. Residents enjoy quick access to downtown, I-640, and major employers, making it an ideal location for both work and play.
The units are thoughtfully maintained and recently renovated ,offering functional layouts and inviting spaces that attract long-term tenants. Currently generating $1,355 per month on average per unit, the property delivers steady, reliable income and strong occupancy potential.
With a market rent of $1,450, 1900 Dutch Valley Drive presents an excellent opportunity for investors to capture rental growth. Its prime location, stable performance, and turnkey appeal make it a smart addition to any portfolio in Knoxville’s competitive rental market.
This property also contains room to build out 3 additional units along with a space to rebuild another duplex potentially bringing to total unit count to 49 units.
This property is part of a 129 Unit portfolio that can be purchased together.
The units are thoughtfully maintained and recently renovated ,offering functional layouts and inviting spaces that attract long-term tenants. Currently generating $1,355 per month on average per unit, the property delivers steady, reliable income and strong occupancy potential.
With a market rent of $1,450, 1900 Dutch Valley Drive presents an excellent opportunity for investors to capture rental growth. Its prime location, stable performance, and turnkey appeal make it a smart addition to any portfolio in Knoxville’s competitive rental market.
This property also contains room to build out 3 additional units along with a space to rebuild another duplex potentially bringing to total unit count to 49 units.
This property is part of a 129 Unit portfolio that can be purchased together.
Property Facts
| Price | $7,000,000 | Building Class | C |
| Price Per Unit | $159,091 | Lot Size | 4.02 AC |
| Sale Type | Investment | Building Size | 180,000 SF |
| Sale Condition | Bulk/Portfolio Sale | No. Stories | 1 |
| No. Units | 44 | Year Built | 1968 |
| Property Type | Multifamily | Parking Ratio | 1.38/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | RN-5 - Residential | ||
| Price | $7,000,000 |
| Price Per Unit | $159,091 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 44 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.02 AC |
| Building Size | 180,000 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | RN-5 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 44 | - | 820 |
1 1
Property Taxes
| Parcel Number | 069FC-021 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $920,000 |
Property Taxes
Parcel Number
069FC-021
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$920,000
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1900 Dutch Valley Dr - Dutch Valley Village
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