627 E Copeland Drive, Powell, TN 37849

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Sold Price
$930,000
List Price
$1,200,000
Closing Date
May 15, 2026
MLS#
3613621
Days on Market
0
Property Type
Multifamily
Sqft. of Residence
9,572
County
Knox County
Status
CLOSED

Property Description

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.

Additional Information

Construction Type
Aluminum Siding, Frame, Vinyl Siding, Other
Cooling System
Wall/Window Unit(s), Central Air
Floor Types
Carpet, Laminate, Vinyl
Garage Capacity
7
Heating System
Central, Electric, Heat Pump, Other
Laundry
Washer Hookup, Electric Dryer Hookup
Living Area
9,572
Lot Dimensions
339x385xIRR
Roofing Material
Aluminum
Subdivision
Vaughn
Tax Amount
$2,084
Year Built
1988
Type
Multifamily

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Listing courtesy of King Real Estate Services, Inc.. Selling Office: Wallace.

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