1216 Payne School Drive, Sevierville, TN 37876
New
$1,825,000
Property Type:
Multi-Family
Square Footage:
9,415
Status:
Active
Current Price:
$1,825,000
List Date:
3/09/2026
Last Modified:
3/09/2026
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.
Addresses:
117 Mary Lee Drive, Seymour, TN 37865,
8132 Sam Cruze Road, Knoxville, TN 37920,
1621 Lenland Avenue, Knoxville, TN 37920,
1509 Tipton Station Road, Knoxville, TN 37920,
716 IC King Road, Seymour, TN 37865 - Duplex,
107 Huskey Circle, Seymour, TN 37865,
1216 Payne School Drive, Sevierville, TN 37876,
112 Carter Drive, Maryville, TN 37801
More Information MLS# 1331915
Location, Tax & Legal Info
Area: Sevier County - 27
City/County Code: County
Total Tax: 4829.37
Contract Info
Auction Y/N: No
Listing Price: 1825000
Current Price: $1,825,000
Status: Active
Listing Date: 2026-03-09
General Property Description
Lot Dimensions: n/a
# Units Leased: 8
Utilities/Mo Avg: 0
Property Status: N/A
Driveway: Paved
SqFt - Total (Aprox): 9415
Number of Units: 10
Year Built: 2009
Remarks & Misc
Directions: From Boyds Creek Hwy turn right onto Cedar Springs Valley Road. Go for 0.2 mi then turn left onto Payne School Road. Go for .2 mi and arrive at 1216 Payne School Road.
Public Remarks: 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.
Addresses:
117 Mary Lee Drive, Seymour, TN 37865,
8132 Sam Cruze Road, Knoxville, TN 37920,
1621 Lenland Avenue, Knoxville, TN 37920,
1509 Tipton Station Road, Knoxville, TN 37920,
716 IC King Road, Seymour, TN 37865 - Duplex,
107 Huskey Circle, Seymour, TN 37865,
1216 Payne School Drive, Sevierville, TN 37876,
112 Carter Drive, Maryville, TN 37801
Property Sub-Type
Duplex: 1
House Converted: 1
Construction
Block: 1
Frame: 1
Type of Units
1 Bedroom Unit: 1
2 Bedroom Unit: 1
3 or more Bdrm Units: 1
Sale Includes
Building and Land: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Laminate: 1
Vinyl: 1
Garage/Parking
Off-Street Parking: 1
On Premise Parking: 1
Fuel
Electric: 1
Heat
Central: 1
Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Other Rooms
Other: 1
Roof
Shingle: 1
Exterior Features
Deck: 1
Porch - Covered: 1
Misc Features
Internet Available: 1
Pantry: 1
Washer/Dryer Connect: 1
New Financing
Cash: 1
Conventional: 1
New Loan: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 1216
Street Name: Payne School
St Suffix: Drive
State/Province: TN
Zip Code: 37876
PIN #: 025J D 010.00
Subdivision: Greater Boyds Cr S/D 1
Geo Lat: 35.91748
Geo Lon: -83.663468
Status Change Info
Status Change Date: 2026-03-09
Property Features
Property Sub-Type: Duplex; House Converted
Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; 3 or more Bdrm Units
Sale Includes: Building and Land
Floors: Carpet; Laminate; Vinyl
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Microwave; Range; Refrigerator
Construction: Block; Frame
Roof: Shingle
Exterior Features: Deck; Porch - Covered
Misc Features: Internet Available; Pantry; Washer/Dryer Connect
Other Rooms: Other
New Financing: Cash; Conventional; New Loan
Showing: See Agent Instructns
Listing Office:
PWA Properties
IDX
Office Phone: 865-233-6441
Last Updated: March - 09 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing, and that the data is deemed reliable but
is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.