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Upchurch Road 4700 Upchurch Rd 14 Unit Apartment Building $1,650,000 ($117,857/Unit) Knoxville, TN 37912
Investment Highlights
- Turnkey asset with recent renovations — Updated 1BR/1BA units featuring modern finishes, central air, and minimal CapEx needs.
- Prime North Knoxville location — Minutes from Downtown, I-640, and major employment hubs, supporting high renter demand and stable occupancy.
- Solid stabilized performance with growth potential — A great fit for investors seeking a low-maintenance, cash-flowing property with room to push rent
- Strong in-place income with immediate rent upside — Current rents at $990 with market potential around $1,150, providing a clear value-add pathway.
- Ownership-friendly utility structure — Water, landscaping, and waste service are included, simplifying management and enhancing tenant retention.
Executive Summary
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.
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.
Property Facts
| Price | $1,650,000 | Apartment Style | Low-Rise |
| Price Per Unit | $117,857 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.67 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 11,200 SF |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1979 |
| Property Subtype | Apartment | Parking Ratio | 2.14/1,000 SF |
| Zoning | R-2 | ||
| Price | $1,650,000 |
| Price Per Unit | $117,857 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.67 AC |
| Building Size | 11,200 SF |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 2.14/1,000 SF |
| Zoning | R-2 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Security System
- Kitchen
- Refrigerator
- Oven
- Smoke Free
Site Amenities
- 24 Hour Access
- Security System
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | 685 |
1 1
Property Taxes
| Parcel Number | 069HE-030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $274,320 |
Property Taxes
Parcel Number
069HE-030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$274,320
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Upchurch Road | 4700 Upchurch Rd
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