7601 Old Clinton Pike Pike, Powell, TN 37849
- $3,000,000
- 14,600
- SqFt
- Sold Price
- $3,000,000
- List Price
- $3,400,000
- Closing Date
- Nov 26, 2025
- MLS#
- 1313653
- Status
- CLOSED
- Type
- Single Family Residential
- City
- Powell
- County
- Knox
- Living Area
- 14,600
- Year Built
- 2024
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.
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Additional Information
- Construction
- Frame
- Cooling
- Central Air
- Floors
- Carpet, Laminate, Luxury Vinyl Plank
- Garage
- On Premise Parking
- Living Area
- 14,600
- Lot Dimensions
- 91.29 X 144.84 X IRR
- Year Built
- 2024
Mortgage Calculator
Agent: Ford Collier |
Office: SVN I Wood Properties |
Selling Office: .