Powell, TN 37849,7601 Old Clinton Pike PIKE
Powell, TN 37849,7601 Old Clinton Pike PIKE
Powell, TN 37849,7601 Old Clinton Pike PIKE
Powell, TN 37849,7601 Old Clinton Pike PIKE
Powell, TN 37849,7601 Old Clinton Pike PIKE
Powell, TN 37849,7601 Old Clinton Pike PIKE
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$ 3,400,000
Est. payment | /mo

14,600 SqFt


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$ 3,400,000
Est. payment | /mo
Save

14,600 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,600 sqft

Price per Sqft $232

MLS Listing ID 1313653

Year Built 2024

Lot Dimensions 91.29 X 144.84 X IRR

Source East Tennessee REALTORS® MLS

Property Description

Present an exceptional opportunity to acquire a 12-unit townhome portfolio in Powell, TN, a high-demand Knoxville submarket. The property offers a mix of long-term, mid-term, and furnished rentals, generating strong income today with clear upside through rent resets and expanded furnished bookings.

Ten spacious 3BR/2BA townhomes (1,200-1,800 SF) each feature in-unit laundry and modern layouts, while two studio units add diversity to the income stream. With two large 3BR units coming available in September, a new owner can immediately reposition for higher rents or mid-term tenants. All appliances and furniture convey with the sale.

This is a rare cash-flowing asset with built-in value-add potential. Current ownership has intentionally left rental upside untapped, creating opportunity for the next investor to maximize performance.

Location

State TN

County Knox County - 1

Rooms

Other Rooms Other

Interior

Heating Central

Cooling Central Cooling

Flooring Laminate, Carpet

Heat Source Central

Exterior

Parking Features On Premise Parking

Garage Description On Premise Parking

Roof Type Shingle

Garage No

Building

Faces From the US-25W N, turn right onto W Emory Rd, and then turn left onto Old Clinton Pike.

Structure Type Frame

Schools

Elementary Schools Powell

Middle Schools Powell

High Schools Powell

Others

Tax ID 067AA012

Energy Description Other Fuel

Acceptable Financing New Loan, Cash, Conventional

Listing Terms New Loan, Cash, Conventional

Listed by SVN I Wood Properties
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Find out why customers are choosing LPT Realty to meet their real estate needs

+1(432) 540-3410

stacydunnhomes@gmail.com

9041 Executive Park Dr, Knoxville, TN, 37923-4609, USA

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7601 Old Clinton Pike PIKE