5211 Pocahontas Drive, Knoxville, TN 37914
- $2,695,000
- 12,600
- SqFt
- List Price
- $2,695,000
- Price Change
- ▼ $255,000 1790100849
- MLS#
- 1342605
- Status
- ACTIVE
- Type
- Single Family Residential
- City
- Knoxville
- County
- Knox
- Living Area
- 12,600
- Lot Size
- 2
- Year Built
- 1982
Property Description
Introducing 21 Individual Unit Investment Portfolio For Sale... The individual units are conveniently located next to each other with improvements made to each of the properties that include: full interior remodels, the replacement of numerous HVAC systems, the installation of metal roofs, as well as additional new parking spaces. Each unit has identical layouts, consisting of two bedrooms and one bathroom, with washer and dryer connections. The color schemes and grade finishes are consistently applied throughout the units. The owner and property managers have had no noise complaints and minimal maintenance issues. This investment opportunity is located approximately 10 min from downtown Knoxville and 15 min to Sevierville. Commuting to employment opportunities, dining establishments, educational institutions, and public transportation is highly convenient. The units sit within a residential neighborhood consisting of predominantly owner-occupied, single-family homes. Pocahontas Drive leads to a cul-de-sac, producing minimal through traffic, is surrounded by woods and provides for a quiet environment. Tenants benefit from the absence of shared walls with neighbors, assigned parking spaces, private decks, and in-unit washer and dryer connections. Lease terms stipulate that tenants are responsible for paying the first month's rent and a security deposit. Water, trash, pest control, and lawn care services are included in the rent. Tenant pays their electric and internet services. Currently, the average rent per unit is $1,410. Current owners focus has been to approve tenants with higher grossing incomes, in an effort to create stable/consistent rental income. (Additional investment portfolio details/financials are available upon approved request for qualified Investors/Buyers)
Additional Information
- Construction
- Frame
- Cooling
- Central Air
- Floors
- Luxury Vinyl Plank
- Garage
- On Premise Parking
- Living Area
- 12,600
- Lot Dimensions
- 722x145xIRR
- Subdivision
- Chilhowee Hills Pt Lots 1-10
- Year Built
- 1982
- Subdivision
- Chilhowee Hills Pt Lots 1-10
- Heating
- Central, Electric
- Num Of Units
- 21
Automated home estimates are a starting point, not a final answer. National websites do not know if your roof is five years old or twenty-five. They do not understand the value of a good piece of land in East Tennessee. At Real Estate Concepts, we combine instant data with actual local expertise to give you a valuation you can trust.
How It Works
Step 1: Tell us your address. Fill in the form — name, phone, email, and your property address.
Step 2: A local expert personally checks it. The number you see right away is your first-look value from a computer. Then one of our local East Tennessee experts personally checks it against real sold homes near you — the comps an algorithm can't weigh, like condition, updates, and your street. That personal check is the CMA.
Step 3: We talk through the real number. We'll walk you through what your home would actually sell for and what we'd do to get it — no obligation, and if the timing's wrong, we'll say so.
Frequently Asked Questions
Q: How is this different from a standard online estimate?
A: Speed and accuracy. You get immediate data from our system, backed up by a manual review from a local expert who knows the area roads and market trends.
Q: Is there a fee for this service?
A: No. We provide free valuations as a service to our East Tennessee community. There is no obligation to list with us.
Q: What areas do you cover?
A: Our agents live and work across East Tennessee, covering Morgan, Roane, Anderson, Scott, Claiborne, and Grainger counties and beyond.
Q: Do you have to visit my property in person?
A: Not for the initial valuation. We can run the numbers based on public records and recent local sales. In-person visits are available if you want a highly precise listing price.
Real Estate Concepts | Office: (423) 346-5800 — Or reach David Millard directly: Call or text (865) 951-9578
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Listing courtesy of Sexton Real Estate Services, Inc..
Agent: Ivann Garcia |
Office: Sexton Real Estate Services, Inc. |