$749,000

1803 Forest Ave, Knoxville, TN 37916

  • 4 beds |
  • 1 bath |
  • 1,178 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $636/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Prime Investment Opportunity in The Fort! High-Demand Student Rental! Attention investors! This rare corner lot in The Fort offers incredible potential for expansion and increased income. The charming 4-bedroom home has undergone recent bathroom renovations and is currently leased to students for $1,850/month, with leases in place until July 31, 2025. A standout feature of this property is its exceptional parking capacity with 7 private spaces along the side of the home and a paved lot in the back offering 14 additional spaces. The 14-space lot is currently leased to the apartment complex across the street for $7,000 per year, with the lease extending until September 2025. Prime location near the University with plenty of room for expansion, this property is a smart addition to any investment portfolio. Don't miss out on this opportunity! There will be one open house on Thursday, March 13th. Check out the Virtual 3D matterport tour today!

Listing Status:
Pending
Date Added:
March 7, 2025 at 06:00AM
Listing Office:
ReMax Preferred Properties, In : 865-694-8100
MLS ID:
1292226

This listing courtesy of ReMax Preferred Properties, In

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Ft Sanders Education Development Center

501 21st St SW, Knoxville, TN, 37916

Grades 2-2

0.31 miles away

E

Emerald Academy

220 Carrick St, Knoxville, TN, 37921

Grades KG-8

0.53 miles away

L

L N STEM Academy

401 Henley St, Knoxville, TN, 37902

Grades 9-12

0.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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