1216 Payne School Dr

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Address: upstairs hoe lived there, 1216 Payne School Dr, Sevierville, TN 37876, USA
Atlanta & Southeast + Apartment Buildings
Created date: March 6, 2026
Date last updated: June 10, 2026
Price: $1,450,000Investment Analyzer NEW!
  • 10 Unit Portfolio
  • Recent renovations have been completed
  • Located in Knoxville and its surrounding areas where rental demand continues to grow

Property Description

This 10 unit portfolio consists of 7 single family rentals, 1 duplex, and 1 mobile home. The properties span across Knoxville, Maryville, Sevierville, and Seymour with easy access to numerous employers and local amenities. Many of the units have been recently renovated. 8 out of the 10 units are occupied, with the vacant units being under renovation. Tenants pay all utilities. Knoxville and its surrounding areas are currently experiencing a significant population influx, driven by strong job growth and low cost of living which has increased the rental demand in the area.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,450,000
No. of Units: 10
Opportunity Zone: No
Price per unit: $145,000
Property Website Click Here
Address: 1216 Payne School Dr, Sevierville, TN 37876, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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