Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Knoxville, TN
Listed for sale 1 day ago
$ 450,000
ROI
24.7
Cash Flow/m
619- 3 Bed
- 3 Bath
- 2467 sft
6518 Rose Wine Way, Knoxville, TN, 37931
Listed for sale 2 days ago
$ 220,000
ROI
22.0Cash Flow/m
137- 2 Bed
- 2 Bath
- 1160 sft
909 Micro Way, Knoxville, TN, 37912
Listed for sale 3 days ago
$ 325,000
ROI
20.3Cash Flow/m
50- 2 Bed
- 2 Bath
- 1240 sft
2010 Misty Glen Ln, Knoxville, TN, 37909
Listed for sale 3 days ago
$ 270,000
ROI
27.0Cash Flow/m
547- 2 Bed
- 2 Bath
- 1014 sft
3704 Tilbury Way, Knoxville, TN, 37921
Why Invest in Knoxville, Tennessee?
Knoxville condo investments offer steady cash flow in a normalizing market with rising inventory and modest appreciation. Rental demand remains strong amid employment growth and population influx. Average rents support cap rates around 6-7%, with annual appreciation of 3-5%. Renter-occupied units exceed 45%, bolstered by university proximity and tourism. Low vacancy and improving sales signal reliable ROI for condos under $400k.
7.2%
Avg. ROI
6.5%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Yes, with average rents at $1,450 and 47% renter occupancy, condos yield 6.5% returns. Demand from students and professionals ensures low vacancies. Cap rates of 6.8% make them attractive amid modest appreciation.
Find Your Perfect Investment Property in Knoxville, Tennessee
Explore investment opportunities by strategy, performance, or property type
