South Knox - Fully Renovated Multifamily Investment

2300 Davenport Rd Knoxville, TN 37920

2300 Davenport Rd, Knoxville, TN, 37920
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Jul 16, 2025

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Description

Primely positioned, 44-unit multifamily asset, poised within one of Knoxville’s hottest submarkets. Near major employers, the CBD and the University of Tennessee, the South Knox market is going through a rapid revitalization. The property is being marketed and will be sold via a call for offers process.

The South Knoxville waterfront, nestled along the scenic banks of the Tennessee River, has undergone a remarkable evolution in recent years. Once a largely industrial and underutilized area, the waterfront has transformed into a thriving hub of community activity, economic opportunity, and natural beauty. This growth exemplifies a successful collaboration between urban planners, local residents, the University of Tennessee, and private investors, all working towards a shared vision of revitalizing the waterfront while preserving its unique character.


Year Built: 1972
Building Size: 12537sq ft
Building Class: C
Lot Size: 2.11 acres

Map of 2300 Davenport Rd, Knoxville, TN, 37920

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.