Elevate Townhomes

7601 Old Clinton Pike, Powell, TN 37849

  • For Sale $3,400,000
  • Property Type Multi-Family
  • Property Size 14,600 SF
  • Units 12
  • Lot Size 0.23 Acre
  • Date Updated Aug 28, 2025
Located in Powell, TN, a high-demand Knoxville submarket.SVN Wood Properties is pleased to 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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Highlights

  • Mix of long-term, mid-term, and furnished rentals with washer/dryer in unit
  • Pro-forma Net Income: $403,200
  • Ten 3BR/2BA townhomes (1,200–1,800 SF) plus two studio units
  • Two 3BR units coming available September 2025

Contacts

broker
Ford Collier

SVN | Wood Properties

Location

Getting Around

  • Walk Score ®

    49/100 Car-Dependent

  • Bike Score ®

    25/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Powell, TN
  • Zip Code 37849
  • Market Knoxville

Points of Interest

  • Three Rivers Rambler

    7.90 miles

  • Gas N' Go

    0.40 miles

  • Texaco

    1.56 miles

  • Pilot

    1.72 miles

  • Shell

    1.82 miles

  • Walmart

    1.89 miles

  • Kroger

    1.93 miles

  • Aztec

    2.97 miles

  • Weigel's

    3.39 miles

  • Tesla Supercharger

    6.51 miles

  • EVgo

    6.67 miles

  • Gospel Baptist Church

    5.70 miles

  • Brookview Parking Garage

    6.46 miles

  • Haw Ridge

    7.50 miles

  • Guest Parking Lot

    7.93 miles

  • C9

    8.05 miles

  • White Avenue Parking Garage

    8.09 miles

  • Staff Parking

    8.10 miles

  • Student Parking

    8.11 miles

  • Lake Avenue Parking Garage

    8.11 miles

  • Handicap Parking

    8.12 miles

  • Holiday Inn Express Knoxville

    3.08 miles

  • Scottish Inns Knoxville

    3.09 miles

  • Super 8 by Wyndham Knoxville North/Powell

    3.41 miles

  • Knights Inn

    3.52 miles

  • Days Inn by Wyndham Knoxville North

    3.52 miles

  • La Quinta Inn & Suites Knoxville North I-75

    3.75 miles

  • Holiday Inn Express Knoxville-North

    3.75 miles

  • Comfort Inn Knoxville

    4.00 miles

  • Motel 6

    4.27 miles

  • Holiday Inn Knoxville N - Merchant Drive

    4.34 miles

  • Pizza Hut

    0.06 miles

  • Papa Dom's

    0.10 miles

  • Little Caesars

    0.11 miles

  • McDonald's

    1.50 miles

  • Taco Bell

    1.76 miles

  • Hardee's

    1.78 miles

  • Burger King

    1.91 miles

  • KFC

    1.95 miles

  • Wendy's

    2.03 miles

  • Salsarita's

    2.05 miles

  • Powell Middle School

    0.31 miles

  • Powell High School

    1.42 miles

  • Powell Elementary School

    1.60 miles

  • Temple School

    1.92 miles

  • Ridgedale Elementary School

    2.68 miles

  • Grace Christian Academy

    2.73 miles

  • Amherst Elementary

    2.95 miles

  • Pleasant Ridge Elementary School

    3.31 miles

  • East Tennessee School of Preaching & Missions

    3.53 miles

  • Claxton Elementary School

    3.60 miles

  • La Petite Child Care

    2.54 miles

  • Wonderland Childrens Academy

    3.65 miles

  • Quality Care Sitting

    3.74 miles

  • Columbus Home Children's Services

    6.91 miles

  • Small Wonders Nursery School

    7.09 miles

Frequently Asked Questions

How much does Elevate Townhomes cost?

The space currently listed for sale at Elevate Townhomes asks for $3,400,000.

What is the total square footage of Elevate Townhomes?

Elevate Townhomes totals 14,600 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Ford Collier

SVN | Wood Properties

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