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New Knoxville Townhome Community
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Pending

4109 Pleasant Ridge Rd, Knoxville, TN 37912

Newly built 68-unit townhouse community near Downtown Knoxville.

Property Size120,224 SF
Days on Market190

Property Features for 4109 Pleasant Ridge Rd

General Information

Standard status Pending
Size 120,224 SF
Property subtype Multifamily
Zoning RN-6

Building Details

Year Built 2023
Buildings 9
Stories 2
Units 68
Listing Agency: PWA Properties
Listed By: Cohl Morgan · License #351465
Source: Crexi
Added: Feb 23 Changed: Aug 8 Last Checked: Jul 24 at 9:29AM

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 PWA Properties

Investment Insights

Based on property information with market context.

Pleasant Ridge Stables Townhomes is a newly constructed community featuring 68 townhouses located in Knoxville, Tennessee. Constructed in 2023, each residence offers a layout with 3 bedrooms and 2.5 bathrooms, as well as attached garages. High-end features include stainless steel appliances, quartz and granite countertops, walk-in closets, and private patios. Washers and dryers are provided in each unit. The townhomes are individually parceled, providing flexibility for future disposition strategies and long-term value enhancement. Situated 10 minutes from Downtown Knoxville and the University of Tennessee, Pleasant Ridge Stables benefits from rental demand and convenient access to major employment centers, retailers, and local amenities. This community represents an opportunity to acquire a Class A townhouse community in East Tennessee’s growing markets. The property size is 120224 square feet.

Key Highlights

  • Newly constructed in 2023, offering modern construction and amenities
  • Spacious 3‑bedroom, 2.5‑bathroom layout with attached garages
  • High‑end finishes including stainless steel appliances, quartz and granite countertops, walk‑in closets, and private patios

Property Analytics

Current Use

Home Place Equestrian ... Church Pleasant Ridge Stables Apartment Complex

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Grocery & Convenience Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby

Demographics for 37912, TN

22,313
Population
10,916
Households
2
Avg Household Size
36
Median Age
23%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
2,105
Density / Sq Mi
$44,754
Median Household Income
$30,859
Median Earnings
$1,050
Median Rent
$185,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly built 68-unit townhouse community near Downtown Knoxville.
Where is this apartment building located?
The property is located at 4109 Pleasant Ridge Rd Knoxville, TN.
What are key features of this property?
This property features: Newly constructed in 2023, offering modern construction and amenities; Spacious 3‑bedroom, 2.5‑bathroom layout with attached garages; High‑end finishes including stainless steel appliances, quartz and granite countertops, walk‑in closets, and private patios
(865) 936-9999 Call to check price and availability
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