TN
Knox County - 1
Knoxville
37914
5211 Pocahontas Drive
5211 Pocahontas Drive, Knoxville, TN 37914
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Listing Type
Multi Family
Listing Status
Active
14
$3,199,000

Home Details for 5211 Pocahontas Drive

Price
$3,199,000
Type
Residential Income
Year built
1982
County
Knox County - 1
MLS Listing#
1342605
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. Tenants are not eligible for assistance programs, but the units can pass inspections for available programs should the new owner choose to accept them. 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)

Property Features
  • Heating Information
    • Central
    • Electric
  • Cooling Information
    • Central Air
  • Parking
    • On Site
School Information
School Information for 5211 Pocahontas Drive, Knoxville, TN 37914
Elementary School
Sunnyview
Middle School
Holston
High School
Austin East/Magnet
Listing Courtesy: Sexton Real Estate Services, Inc. - 865-300-4300
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright ©2026 Knoxville Area Association of REALTORS® Multiple Listing Service. All Rights Reserved.
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EXIT REALTY OF THE SMOKIES
3662 Douglas Dam Rd, Kodak, TN 37764
Office
865 465 8361
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