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    7601 Old Clinton Pike Powell, TN 37849

    For Sale
    $3,400,000

    12-unit townhome portfolio in high-demand Knoxville submarket.

    Property size:
    14,600 SF

    Property Features for 7601 Old Clinton Pike

    General Information

    Size
    14,600 SF

    Source: Ford Collier Agent Ford Collier

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Powell Townhome Portfolio Opportunity

    This is an opportunity to acquire a 12-unit townhome portfolio located in Powell, TN, a high-demand Knoxville submarket. The property features a mix of long-term, mid-term, and furnished rentals. The portfolio consists of ten 3BR/2BA townhomes, ranging in size from 1,200 to 1,800 square feet, and two studio units. Each townhome includes in-unit laundry and modern layouts. Two 3BR units will become available in September 2025, presenting an opportunity to reposition for higher rents or mid-term tenants. All appliances and furniture are included in the sale. The property has a total size of 14,600 square feet. The current ownership has intentionally left rental upside untapped, creating opportunity for the next investor to maximize performance. The property generates strong income today with clear upside through rent resets and expanded furnished bookings.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Powell
    County
    Knox
    State
    Tennessee
    Longitude
    -84.055138
    Latitude
    36.022437

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    FAQs

    What type of property is this?
    Apartment building - 12-unit townhome portfolio in high-demand Knoxville submarket.
    Where is this apartment building located?
    The property is located at 7601 Old Clinton Pike Powell, TN.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: - High-demand Knoxville submarket location in Powell, TN.; - Strong income generation with pro-forma gross income of $403,200.; - Value-add potential through rent resets and expanded furnished bookings.
    (865) 337-3438
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7601 Old Clinton Pike Powell, TN 37849
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