3001 River Towne Way #402, Knoxville, TN 37920

Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
3001 River Towne Way #402,Knoxville, TN 37920
$499,900
  • 3 Beds
  • 2 Baths
  • 1,408 sq. ft.
  • Single family
  • Active
Listed by: misty cunningham, julie carter
Office: keller williams signature
MLS#:1321600
Source:TN_KAAR

Price summary

  • Price:$499,900
  • Price per sq. ft.:$355.04
  • Monthly HOA dues:$325

About this home

Strong Rental & Investment Potential This condominium presents a compelling income-producing opportunity, with a current lease already in place through June 1, 2026, allowing a new owner to step into immediate rental income with built-in stability. Properties with secured leases, riverfront views, and proximity to major employment and education hubs are consistently in high demand, making this a strong option for investors seeking predictable performance. The combination of Tennessee River views, walkability and access to the University of Tennessee campus, UT Hospital, and downtown Knoxville creates broad tenant appeal. This location is especially attractive to graduate students, medical professionals, faculty, and corporate renters who value convenience, security, and premium amenities. River-facing units with private balconies and resort-style features often command stronger rental rates and experience lower vacancy due to their limited availability. As the area continues

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Home facts

  • Year built:2006
  • Listing ID #:1321600
  • Added:89 day(s) ago
  • Updated:February 11, 2026 at 03:36 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,408 sq. ft.

Heating and cooling

  • Cooling:Central Cooling
  • Heating:Central, Electric

Structure and exterior

  • Year built:2006
  • Building area:1,408 sq. ft.

Schools

  • High school:South Doyle
  • Middle school:South Doyle
  • Elementary school:Mount Olive

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,900
  • Price per sq. ft.:$355.04

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