5211 Pocahontas Drive, Knoxville, TN 37914

New

$3,199,000

Property Type: Multi-Family Square Footage: 12,600 Lot Size (sq. ft.): 2 Status: Active

Current Price: $3,199,000 List Date: 5/28/2026 Last Modified: 5/28/2026

Overview

Description

Introducing 21 Individual Unit Investment Portfolio For Sale... The individual units are conveniently located next to each other with improvements made to each of the properties that include: full interior remodels, the replacement of numerous HVAC systems, the installation of metal roofs, as well as additional new parking spaces. Each unit has identical layouts, consisting of two bedrooms and one bathroom, with washer and dryer connections. The color schemes and grade finishes are consistently applied throughout the units. The owner and property managers have had no noise complaints and minimal maintenance issues. This investment opportunity is located approximately 10 min from downtown Knoxville and 15 min to Sevierville. Commuting to employment opportunities, dining establishments, educational institutions, and public transportation is highly convenient. The units sit within a residential neighborhood consisting of predominantly owner-occupied, single-family homes. Pocahontas Dr ... (Read more)

Listing Details MLS# 1342605

Location Tax Legal Info

House #: 5211
Street Name: Pocahontas
St Suffix: Drive
State/Province: TN
Zip Code: 37914
PIN #: 071GC005
Subdivision: Chilhowee Hills Pt Lots 1-10

Contract Info

Auction Y/N: No
Listing Price: 3199000

General Property Description

SqFt - Total (Aprox): 12600
Lot Dimensions: 722x145xIRR
Lot Size SqFt: 2.1
Number of Units: 21
Utilities/Mo Avg: 2700
Year Built: 1982
Property Status: N/A
Restrictions: No
Driveway: Paved and Assigned

Status Change Info

Status Change Date: 2026-05-28

Location, Tax & Legal Info

Area: Knox County - 1
City/County Code: City Limits
Elementary School: Sunnyview
Middle School: Holston
Total Tax: 15409.68
High School: Austin East/Magnet

Remarks & Misc

Directions: GPS Friendly. From Downtown Knoxville: Take I-40E to Exit 394. Make a right. Then another right at Iroquois Rd. Lastly turn right on Pocahontas Dr.
Public Remarks: Introducing 21 Individual Unit Investment Portfolio For Sale... The individual units are conveniently located next to each other with improvements made to each of the properties that include: full interior remodels, the replacement of numerous HVAC systems, the installation of metal roofs, as well as additional new parking spaces. Each unit has identical layouts, consisting of two bedrooms and one bathroom, with washer and dryer connections. The color schemes and grade finishes are consistently applied throughout the units. The owner and property managers have had no noise complaints and minimal maintenance issues. This investment opportunity is located approximately 10 min from downtown Knoxville and 15 min to Sevierville. Commuting to employment opportunities, dining establishments, educational institutions, and public transportation is highly convenient. The units sit within a residential neighborhood consisting of predominantly owner-occupied, single-family homes. Pocahontas Drive leads to a cul-de-sac, producing minimal through traffic, is surrounded by woods and provides for a quiet environment. Tenants benefit from the absence of shared walls with neighbors, assigned parking spaces, private decks, and in-unit washer and dryer connections. Lease terms stipulate that tenants are responsible for paying the first month's rent and a security deposit. Water, trash, pest control, and lawn care services are included in the rent. Tenant pays their electric and internet services. Currently, the average rent per unit is $1,410. Tenants are not eligible for assistance programs, but the units can pass inspections for available programs should the new owner choose to accept them. Current owners focus has been to approve tenants with higher grossing incomes, in an effort to create stable/consistent rental income. (Additional investment portfolio details/financials are available upon approved request for qualified Investors/Buyers)

More Information

Property Sub-Type

Other: Yes

Construction

Frame: Yes

Type of Units

2 Bedroom Unit: Yes

Sale Includes

Building and Land: Yes

Cooling

Central Cooling: Yes

Floors

Luxury Vinyl Plank: Yes

Garage/Parking

On Premise Parking: Yes

Tenant Expenses

Electricity: Yes

Fuel

Electric: Yes

Heat

Central: Yes

Other Rooms

Other: Yes

Roof

Metal: Yes

Exterior Features

Deck: Yes

New Financing

Cash: Yes
Conventional: Yes
New Loan: Yes
Other: Yes

Showing

See Agent Instructns: Yes

Property Features

Property Sub-Type: Other Type of Units: 2 Bedroom Unit Sale Includes: Building and Land Floors: Luxury Vinyl Plank Tenant Expenses: Electricity Fuel: Electric Heat: Central Cooling: Central Cooling Construction: Frame Roof: Metal Exterior Features: Deck Other Rooms: Other New Financing: Cash; Conventional; New Loan; Other Showing: See Agent Instructns

IDX

Listing Office: Sexton Real Estate Services, Inc.

Office Phone: 865-300-4300

Last Updated: May - 28 - 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.