1216 Payne School Drive, Sevierville, TN 37876

$1,825,000
Property Type: Multi-Family Square Footage: 9,415 Status: Active
Current Price: $1,825,000 List Date: 3/09/2026 Last Modified: 3/09/2026

Overview

Description

This 10 unit portfolio consists of 7 single family rentals, 1 duplex, and 1 mobile home. The properties span across Knoxville, Maryville, Sevierville, and Seymour with easy access to numerous employers and local amenities. Many of the units have been recently renovated. 8 out of the 10 units are occupied, with the vacant units being under renovation. Tenants pay all utilities. Knoxville and its surrounding areas are currently experiencing a significant population influx, driven by strong job growth and low cost of living which has increased the rental demand in the area. Addresses: 117 Mary Lee Drive, Seymour, TN 37865, 8132 Sam Cruze Road, Knoxville, TN 37920, 1621 Lenland Avenue, Knoxville, TN 37920, 1509 Tipton Station Road, Knoxville, TN 37920, 716 IC King Road, Seymour, TN 37865 – Duplex, 107 Huskey Circle, Seymour, TN 37865, 1216 Payne School Drive, Sevierville, TN 37876, 112 Carter Drive, Maryville, TN 37801

Listing Details MLS# 1331915

Location Tax Legal Info

House #
1216
Street Name
Payne School
St Suffix
Drive
State/Province
TN
Zip Code
37876
PIN #
025J D 010.00
Subdivision
Greater Boyds Cr S/D 1

Contract Info

Auction Y/N
No
Listing Price
1825000

General Property Description

SqFt – Total (Aprox)
9415
Lot Dimensions
n/a
Number of Units
10
# Units Leased
8
Year Built
2009
Property Status
N/A
Driveway
Paved
Utilities/Mo Avg
0

Status Change Info

Status Change Date
2026-03-09

Location, Tax & Legal Info

Area
Sevier County – 27
City/County Code
County
Total Tax
4829.37

Remarks & Misc

Directions
From Boyds Creek Hwy turn right onto Cedar Springs Valley Road. Go for 0.2 mi then turn left onto Payne School Road. Go for .2 mi and arrive at 1216 Payne School Road.
Public Remarks
This 10 unit portfolio consists of 7 single family rentals, 1 duplex, and 1 mobile home. The properties span across Knoxville, Maryville, Sevierville, and Seymour with easy access to numerous employers and local amenities. Many of the units have been recently renovated. 8 out of the 10 units are occupied, with the vacant units being under renovation. Tenants pay all utilities. Knoxville and its surrounding areas are currently experiencing a significant population influx, driven by strong job growth and low cost of living which has increased the rental demand in the area. Addresses: 117 Mary Lee Drive, Seymour, TN 37865, 8132 Sam Cruze Road, Knoxville, TN 37920, 1621 Lenland Avenue, Knoxville, TN 37920, 1509 Tipton Station Road, Knoxville, TN 37920, 716 IC King Road, Seymour, TN 37865 – Duplex, 107 Huskey Circle, Seymour, TN 37865, 1216 Payne School Drive, Sevierville, TN 37876, 112 Carter Drive, Maryville, TN 37801

More Information

Property Sub-Type

Duplex
Yes
House Converted
Yes

Construction

Block
Yes
Frame
Yes

Type of Units

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

Sale Includes

Building and Land
Yes

Cooling

Central Cooling
Yes

Floors

Carpet
Yes
Laminate
Yes
Vinyl
Yes

Garage/Parking

Off-Street Parking
Yes
On Premise Parking
Yes

Fuel

Electric
Yes

Heat

Central
Yes

Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Other Rooms

Other
Yes

Roof

Shingle
Yes

Exterior Features

Deck
Yes
Porch – Covered
Yes

Misc Features

Internet Available
Yes
Pantry
Yes
Washer/Dryer Connect
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes

Showing

See Agent Instructns
Yes

Property Features

Property Sub-Type: Duplex; House Converted Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; 3 or more Bdrm Units Sale Includes: Building and Land Floors: Carpet; Laminate; Vinyl Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Microwave; Range; Refrigerator Construction: Block; Frame Roof: Shingle Exterior Features: Deck; Porch – Covered Misc Features: Internet Available; Pantry; Washer/Dryer Connect Other Rooms: Other New Financing: Cash; Conventional; New Loan Showing: See Agent Instructns
Listing Office: PWA Properties
IDX
Office Phone: 865-233-6441
Last Updated: March – 09 – 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.