Courtesy: King Real Estate Services,Inc
865-560-9401
Established multifamily investment opportunity in Powell, just minutes from restaurants, shopping, and convenient interstate access. Situated on approximately 8 acres, this property offers significant potential and a diverse mix of income-producing structures. The main residence features approximately 3,300 square feet with 4 bedrooms and 2 bathrooms. Adjacent to the main home is a standalone apartment offering 2 bedrooms and 1 bathroom. The property also includes five occupied single-wide mobile homes, thoughtfully positioned to provide a spacious, uncrowded setting. A detached five-bay garage/workshop adds valuable flexibility for equipment storage, maintenance, or hobby use. It even includes a car lift. A unique opportunity with multiple possibilities—schedule your showing and explore the potential this property has to offer. This property is being sold as a whole with the combined 5 tracts. It is being sold AS-IS. Buyers are to independently verify all information. Sellers and Seller's agent make no guarantees, expressed, written, or implied. The effective age of the house is 37 years old according to tax records when an extensive remodel was done. The actual age of the original structure could not be located. All residences are serviced by septic systems. Sewer is not available nearby. This sale includes the following Parcel ID's: 037 057, 037 05706, 037 05703, 037 050, 037 05708 The tax amount listed in this listing are the best estimate for the parcels included. Utility Estimate is unavailable.
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Powell is located in Tennessee. Powell, Tennessee has a population of 13,855. Powell is more family-centric than the surrounding county with 37.91% of the households containing married families with children. The county average for households married with children is 31.43%.
The median household income in Powell, Tennessee is $74,443. The median household income for the surrounding county is $62,911 compared to the national median of $69,021. The median age of people living in Powell is 37.6 years.
The average high temperature in July is 88 degrees, with an average low temperature in January of 27.5 degrees. The average rainfall is approximately 50.5 inches per year, with 5.7 inches of snow per year.
