Dutch Valley Village
Multifamily | 44 Units | $154,545/unit
Marketing description
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, 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. To received full financials please reach out to us.
Investment highlights
Expansion Potential: 44 existing units with capacity to build out 3 additional units plus duplex redevelopment, bringing total potential to 49 units
Recent Capital Improvements: Significant investment in exterior painting and interior renovations across most units, reducing immediate CapEx requirements
Amenities: All units feature in-unit laundry connections—a high-demand amenity that supports stronger rents and tenant retention
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 rent growth
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