627 E Copeland Dr, Powell, TN 37849

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Sold Price
$930,000
List Price
$1,200,000
Closing Date
May 15, 2026
MLS#
3613621
Status
CLOSED
Type
Multifamily
City
Powell
County
Knox
Living Area
9,572
Year Built
1988
Subdivision
Vaughn

Property 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.

Additional Information

Cooling
Window/Wall, Central Air
Living Area
9,572
Lot Dimensions
339x385xIRR
Year Built
1988

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Agent: John Huskey | jhuskey001@gmail.com

Office: King Real Estate Services, Inc. | 8655609401

Selling Office: Wallace.

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