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2626 Tecoma Dr
Knoxville, TN 37917
Tecoma Dr · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Recent updates — Property features ongoing improvements and refreshed interiors, reducing near-term maintenance needs and enhancing renter appeal.
- Rent growth potential — Current rents sit below market averages in the submarket, providing clear upside for future increases.
- Strong North Knoxville location — Quiet neighborhood near Whittle Springs with quick access to shops, dining, major roadways, and Downtown Knoxville.
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
| Price Per Unit | $120,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Sale Condition | Bulk/Portfolio Sale | Lot Size | 0.81 AC |
| No. Units | 10 | Building Size | 7,967 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1978 |
| Price Per Unit | $120,000 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.81 AC |
| Building Size | 7,967 SF |
| No. Stories | 2 |
| Year Built | 1978 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Freezer
SITE AMENITIES
- 24 Hour Access
- Picnic Area
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | 510 |
PROPERTY TAXES
| Parcel Number | 070HC-059 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $179,360 |
PROPERTY TAXES
Parcel Number
070HC-059
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$179,360
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