Furnished Townhome-Style
1807 Logan Ave Knoxville, TN 37921
1807 Logan Ave, Knoxville, TN, 37921
Contact for pricing
For Sale
Contact for pricing
Three townhomes offer six furnished units, each with two bedrooms and private bathrooms.
Property Size9,000 SF
Price / SF$188.89
Days on Market166
Property Features for 1807 Logan Ave
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2024
Listing agency
United Real Estate Solutions
(865) 789-1672
Listed by
Terri Lawson · License #321495
Source
Crexi
Added: Feb 6 Updated: Jul 22 at 9:03AM Checked: Jul 22 at 9:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate Solutions
Investment Insights
Based on property information with market context.
This for-sale property includes three townhome structures with two units per townhome, for a total of six units. Each unit is set up with two bedrooms and private bathrooms. The units are described as fully furnished and stocked, with the intention of supporting move-in ready occupancy.
Located at 1807 Logan Ave in Knoxville, TN 37921, the property is presented as within walking distance to campus, with proximity to downtown, stadiums, and hospitals noted in the remarks.
The configuration provides townhome-style layouts across three separate buildings, with consistent unit mix throughout and furnished interiors as part of the offering.
Located at 1807 Logan Ave in Knoxville, TN 37921, the property is presented as within walking distance to campus, with proximity to downtown, stadiums, and hospitals noted in the remarks.
The configuration provides townhome-style layouts across three separate buildings, with consistent unit mix throughout and furnished interiors as part of the offering.
Key Highlights
- Built in 2024: 3 townhomes totaling 6 units (2 units per townhome)
- Each unit offers 2 bedrooms with private bathrooms
- Units are fully furnished and stocked
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $158.8k | $17.64 |
| − Vacancy | −$11.9k | −$1.32 |
| EGI | $146.9k | $16.32 |
| − OpEx | −$66.1k | −$7.34 |
| NOI | $80.8k | $8.97 |
9,000 SF · lease $17.64/SF/yr · vacancy 7.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.15M
$1.01M – $1.35M
NOI $80,769 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $156,038 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Three townhomes offer six furnished units, each with two bedrooms and private bathrooms.
Where is this apartment building located?
The property is located at 1807 Logan Ave Knoxville, TN.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Built in 2024: 3 townhomes totaling 6 units (2 units per townhome); Each unit offers 2 bedrooms with private bathrooms; Units are fully furnished and stocked
