2626 Tecoma Drive Drive, Knoxville, TN 37917

New Listing
$1,200,000
Property Type: Multi-Family Status: Active
Current Price: $1,200,000 List Date: 12/09/2025 Last Modified: 12/10/2025

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

More Information MLS# 1323871

Location, Tax & Legal Info

Area: Knox County - 1 City/County Code: City Limits Total Tax: 6653.53

Contract Info

Auction Y/N: No Listing Price: 1200000 Current Price: $1,200,000 Status: Active Listing Date: 2025-12-09

General Property Description

Lot Dimensions: 100 X 291.5 X IRR Utilities/Mo Avg: 601.32 Property Status: N/A Driveway: Paved Number of Units: 10 Year Built: 1978

Remarks & Misc

Directions: Head North on Broadway, Turn right onto Walker Blvd, Turn right onto Orlando St, Turn left at the 1st cross street onto Tecoma Dr Public Remarks: 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

Property Sub-Type

Apartment: 1

Construction

Other: 1

Type of Units

1 Bedroom Unit: 1

Sale Includes

Other: 1

Cooling

Central Cooling: 1

Floors

Hardwood: 1

Garage/Parking

On Premise Parking: 1

Fuel

Electric: 1

Heat

Central: 1

Other Rooms

Other: 1

Roof

Shingle: 1

New Financing

Cash: 1 Conventional: 1 New Loan: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

Street Name: 2626 Tecoma Drive St Suffix: Drive State/Province: TN Zip Code: 37917 PIN #: 104527 Geo Lat: 36.011676 Geo Lon: -83.91493

Status Change Info

Status Change Date: 2025-12-09

Property Features

Property Sub-Type: Apartment Type of Units: 1 Bedroom Unit Sale Includes: Other Floors: Hardwood Fuel: Electric Heat: Central Cooling: Central Cooling Construction: Other Roof: Shingle Other Rooms: Other New Financing: Cash; Conventional; New Loan Showing: See Agent Instructns
Listing Office: SVN I Wood Properties
IDX
Office Phone: 865-936-9999
Last Updated: December - 10 - 2025
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.