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    3001 River Towne Way, Unit 202 Knoxville, TN 37920

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    For Sale
    $498,000

    Spacious 3BR condo on the Tennessee River near downtown.

    Property size:
    1,408 SF

    Property Features for 3001 River Towne Way

    General Information

    Size
    1,408 SF

    Building Details

    Year built
    2006

    Source: Keller Williams Realty Agent Suzanne Moll

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Condo with River Views

    This 1408 square foot condominium features 3 bedrooms and 2 bathrooms, situated directly on the Tennessee River. The property offers waterfront living with views of the Tennessee River and the University of Tennessee campus, including Neyland Stadium. The master bedroom is spacious enough to accommodate a king-size bedroom suite and includes a large walk-in closet and private balcony access. The master bathroom features double vanity sinks, a walk-in shower, and a large garden tub. Each unit includes a full-size washer and dryer. The kitchen is equipped with all appliances and a breakfast bar that opens into the living room. Large windows provide views of the river and allow ample natural light. Residents can enjoy a salt water pool and private balconies. The property is part of a gated community with convenient access to downtown, the University of Tennessee campus, Neyland Stadium, and shopping. A pedestrian bridge project is planned for the area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    River Towne Condominiums Condominium Complex

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Knoxville
    County
    Knox
    State
    Tennessee
    Longitude
    -83.925502
    Latitude
    35.94307

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    FAQs

    What type of property is this?
    Apartment building - Spacious 3BR condo on the Tennessee River near downtown.
    Where is this apartment building located?
    The property is located at 3001 River Towne Way, Unit 202 Knoxville, TN.
    What is the asking price?
    The asking price for this property is $498,000.
    What are key features of this property?
    This property features: - Direct waterfront location on the Tennessee River with **sunset views**.; - Spacious 3-bedroom, 2-bathroom condominium.; - Enjoy the **private balcony** overlooking the Tennessee River and UT campus.
    Request Owner's contact information
    3001 River Towne Way, Unit 202 Knoxville, TN 37920
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3001 River Towne Way, Unit 202 Knoxville, TN 37920
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