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Sold for $3,000,000
  • $3,000,000

    7601 Old Clinton Pike, Powell, TN 37849

    --beds
    0baths
    14,600sqft
    Multi Family
    Built in 2024
    -- sqft lot
    $3,049,300 Zestimate®
    $205/sqft
    $2,120 Estimated rent

    Home value

    $3,049,300

    Estimated sales range

    Not available

    $2,120/mo

    Zestimate® history
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    $2,120/mo

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    $2,120/mo

    Rent Zestimate®

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    $13,658/mo

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    $13,658/mo

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    What's special

    Modern layoutsStudio unitsIn-unit laundry
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ford Collier 865-337-3438,

    SVN I Wood Properties

    Bought with:

    Tiffany Mays, 344961

    United Real Estate Solutions

    Elizabeth Donaldson, 353944

    Source: East Tennessee Realtors,MLS#: 1313653MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Laminate, Carpet
    Interior area
    • Total structure area: 14,600
    • Total interior livable area: 14,600 sqft

    Property

    Parking
    • Parking features: On Premise Parking
    Lot
    • Dimensions: 91.29 x 144.84 x IRR
    Details
    • Parcel number: 067AA012

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    Condition
    • Year built: 2024

    Community & neighborhood

    Location
    • Region: Powell

    Other

    Other facts
    • Listing terms: New Loan,Cash,Conventional

    Price history

    DateEventPrice
    11/26/2025Sold$3,000,000-11.8%$205/sqft
    Source: East Tennessee Realtors #1313653 Report a problem
    10/9/2025Pending sale$3,400,000$233/sqft
    Source: East Tennessee Realtors #1313653 Report a problem
    8/29/2025Listed for sale$3,400,000$233/sqft
    Source: East Tennessee Realtors #1313653 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37849

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Powell
    • Middle: Powell
    • High: Powell

    Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.