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2626 Tecoma Drive DR Knoxville, TN 37917
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1323871
Year Built 1978
Lot Dimensions 100 X 291.5 X IRR
Source East Tennessee REALTORS® MLS
Property Description
SVN | Wood Properties is proud to present 2626 Tecoma Drive presents an outstanding 10 unit investment opportunity in the heart of North Knoxville. This well-kept multifamily property sits in a quiet, residential neighborhood near Whittle Springs, offering tenants a comfortable suburban lifestyle just minutes from downtown. The property's convenient access to major roadways, shopping centers, and dining options enhances its long-term appeal for both residents and investors.
Each unit has been thoughtfully maintained, featuring functional layouts and desirable amenities that attract steady tenant demand. Currently generating $973 per month in rental income per unit, the property provides immediate cash flow while maintaining strong occupancy potential in a consistently growing market. Its clean curb appeal and reliable performance make it a low-maintenance addition to any portfolio.
With a market rent of $1,150 per unit, 2626 Tecoma Drive offers clear value-add potential and an attractive opportunity for increased returns. Its blend of location, stability, and upside makes it an ideal choice for investors seeking a dependable, income-producing asset in one of Knoxville's most promising rental corridors.
This property also has extra room in the rear of the property to build additional units and/or to create more parking or amenities.
This property is part of a 129 Unit portfolio that can be purchased together.
For financial documents please visit https://svnwood.com/inventory/?propertyId=1576439-sale
Each unit has been thoughtfully maintained, featuring functional layouts and desirable amenities that attract steady tenant demand. Currently generating $973 per month in rental income per unit, the property provides immediate cash flow while maintaining strong occupancy potential in a consistently growing market. Its clean curb appeal and reliable performance make it a low-maintenance addition to any portfolio.
With a market rent of $1,150 per unit, 2626 Tecoma Drive offers clear value-add potential and an attractive opportunity for increased returns. Its blend of location, stability, and upside makes it an ideal choice for investors seeking a dependable, income-producing asset in one of Knoxville's most promising rental corridors.
This property also has extra room in the rear of the property to build additional units and/or to create more parking or amenities.
This property is part of a 129 Unit portfolio that can be purchased together.
For financial documents please visit https://svnwood.com/inventory/?propertyId=1576439-sale
Location
State TN
County Knox County - 1
Rooms
Other Rooms Other
Interior
Heating Central, Electric
Cooling Central Cooling
Flooring Hardwood
Heat Source Central, Electric
Exterior
Parking Features On Premise Parking
Garage Description On Premise Parking
Roof Type Shingle
Garage No
Building
Faces Head North on Broadway, Turn right onto Walker Blvd, Turn right onto Orlando St, Turn left at the 1st cross street onto Tecoma Dr
Structure Type Other
Others
Tax ID 104527
Energy Description Electric
Acceptable Financing New Loan, Cash, Conventional
Listing Terms New Loan, Cash, Conventional
Listed by SVN I Wood Properties