627 E Copeland Drive, Powell, TN 37849

New Listing
$1,200,000
Property Type: Multi-Family Square Footage: 9,572 Lot Size (sq. ft.): 345,866 Status: Active
Current Price: $1,200,000 List Date: 12/18/2025 Last Modified: 12/18/2025

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.

More Information MLS# 1324509

Location, Tax & Legal Info

Area: Knox County - 1 City/County Code: County Total Tax: 2084

Contract Info

Auction Y/N: No Listing Price: 1200000 Current Price: $1,200,000 Status: Active Listing Date: 2025-12-18

General Property Description

Lot Dimensions: 339x385xIRR Lot Size SqFt: 345866 # Units Leased: 6 Restrictions: No Utilities/Mo Avg: 0 Property Status: N/A Driveway: Shared Lease Information: Month to Month SqFt - Total (Aprox): 9572 Number of Units: 7 Year Built: 1988

Remarks & Misc

Directions: I-75 N, Exit at Emory Rd. Turn Right, Take your first Left onto Conner rd. Turn Right at the stop sign and the property is on the Left. Public Remarks: 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.

Property Sub-Type

Other: 1

Construction

Block: 1 Frame: 1

Type of Units

2 Bedroom Unit: 1 3 or more Bdrm Units: 1

Siding

Aluminum Siding: 1 Vinyl: 1

Sale Includes

Building and Land: 1

Miscellaneous

Security System: 1 Storage Space: 1 Utility Room: 1

Cooling

Central Cooling: 1 Window Unit(s): 1

Floors

Carpet: 1 Laminate: 1 Vinyl: 1

Garage/Parking

Garage Spaces: 7 Carport: 1 Detached: 1

Tenant Expenses

Electricity: 1 Telephone: 1

Owner Expenses

Advertising: 1 Common Area Maintenance: 1 Exterior Maintenance: 1 HVAC Maintenance: 1 Lawn Maintenance: 1 Taxes: 1

Fuel

Electric: 1

Heat

Central: 1 Heat Pump: 1 Other: 1

Appliances

Range: 1 Refrigerator: 1 Other: 1

Other Rooms

Bedroom Main Level: 1 Mstr Bdrm Main Level: 1 Sunroom: 1

Roof

Aluminum: 1 Asphalt: 1 Metal: 1 Shingle: 1

Exterior Features

Deck: 1 Detached Workshop: 1 Porch - Covered: 1 Windows - Aluminum: 1 Windows - Insulated: 1 Windows - Storm: 1

Misc Features

Other: 1 Washer/Dryer Connect: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 627 St Dir: E Street Name: Copeland St Suffix: Drive State/Province: TN Zip Code: 37849 PIN #: 037 057 Subdivision: Vaughn Geo Lat: 36.068642 Geo Lon: -84.008252

Status Change Info

Status Change Date: 2025-12-18

Property Features

Property Sub-Type: Other Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units Sale Includes: Building and Land Floors: Carpet; Laminate; Vinyl Tenant Expenses: Electricity; Telephone Owner Expenses: Advertising; Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Lawn Maintenance; Taxes Fuel: Electric Heat: Central; Heat Pump; Other Cooling: Central Cooling; Window Unit(s) Appliances: Range; Refrigerator; Other Construction: Block; Frame Roof: Aluminum; Asphalt; Metal; Shingle Siding: Aluminum Siding; Vinyl Exterior Features: Deck; Detached Workshop; Porch - Covered; Windows - Aluminum; Windows - Insulated; Windows - Storm Misc Features: Other; Washer/Dryer Connect Other Rooms: Bedroom Main Level; Mstr Bdrm Main Level; Sunroom Miscellaneous: Security System; Storage Space; Utility Room New Financing: Cash; Conventional Showing: See Agent Instructns
Listing Office: King Real Estate Services,Inc
IDX
Office Phone: 865-560-9401
Last Updated: December - 18 - 2025
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