- For Sale $1,750,000
- Property Type Multi-Family
- Property Size 9,554 SF
- Units 16
- Lot Size 0.7 Acre
- Year Built 1975
- Date Updated May 15, 2026
Description
211 Elyria Drive is located in North Knoxville, offering a quiet suburban setting with easy access to I-75, I-640, and downtown. The area is convenient to parks, shops, and restaurants, making it ideal for residents seeking a peaceful neighborhood close to city amenities.SVN | Wood Properties is proud to present 211 Elyria Drive, is a prime 16 unit multifamily gem in North Knoxville, offering the perfect mix of quiet neighborhood living and quick access to downtown and major routes.
The units have all been updated and are well-kept, and renter-ready, currently generating $995 per month per unit with reliable cash flow.
With the recent cap-ex put into the property and a market rent of $1,150, this property presents exciting upside and a strong opportunity for investors looking to capture growth in Knoxville’s thriving rental market.
This property is part of a 129 Unit portfolio that can be purchased together.
Highlights
- Fully renovated one-bedroom units (~565 SF each) with modern finishes, offering turnkey operations and strong tenant appeal.
- Located in a stable North Knoxville corridor with convenient access to downtown, major employers, retail, and transit.
- Major recent capital improvements including a new roof, new gutters, added on-site laundry room, and a freshly resealed/striped parking lot.
- Solid cash-flowing asset with clear investor upside through continued rent growth in a strong, supply-constrained Knoxville rental market.
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Contacts
Ford Collier
SVN | Wood Properties
Location
Located at 211 Elyria Drive, Knoxville, TN 37912, this property is part of the Inskip neighborhood and Knoxville market.
Contact Listing Broker
Ford Collier
SVN | Wood Properties
