1803 Forest Ave, Knoxville, TN 37916
- 4 beds |
- 1 bath |
- 1,178 sqft
Single-Family Home
Built in 1925
6,534sqft lot
—— car garage
$636/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Ft Sanders Education Development Center
501 21st St SW, Knoxville, TN, 37916
Grades 2-2
0.31 miles away
Emerald Academy
220 Carrick St, Knoxville, TN, 37921
Grades KG-8
0.53 miles away
L N STEM Academy
401 Henley St, Knoxville, TN, 37902
Grades 9-12
0.73 miles away