Upchurch Road Apartments
$110,714/unit
Marketing description
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.
To access the full deal room please visit: https://svnwood.com/inventory/?propertyId=1576442-sale
Investment highlights
Turnkey asset with recent renovations — Updated 1BR/1BA units featuring modern finishes, central air, and minimal CapEx needs.
Strong in-place income with immediate rent upside — Current rents at $990 with market potential around $1,150, providing a clear value-add pathway.
Prime North Knoxville location — Minutes from Downtown, I-640, and major employment hubs, supporting high renter demand and stable occupancy.
Ownership-friendly utility structure — Water, landscaping, and waste service are included, simplifying management and enhancing tenant retention.
Solid stabilized performance with growth potential — A great fit for investors seeking a low-maintenance, cash-flowing property with room to push rents and increase yield.
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