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1216 Payne School Drive, 
Sevierville, TN 37876

$1,450,000

—

Bed

—

Bath

9,415

Sq Ft

Multi-Family

Active

Listed by

Kevin G. Tipton

, 

Cohl Morgan

Pwa Properties

865-233-6441

Last updated:

May 21, 2026, 02:32 PM

MLS#

1331915

Source:

TN KAAR

About This Home

1216 Payne School Drive

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

Home Facts

Multi-Family

Built in 2009

Price Summary

1,450,000

$154 per Sq. Ft.

MLS #:

1331915

Last Updated:

May 21, 2026, 02:32 PM

Added:

2 month(s) ago

Rooms & Interior

Interior

Living Area:

9,415 Sq. Ft.

Structure

Structure

Building Area:

9,415 Sq. Ft.

Year Built:

2009

Finances & Disclosures

Finances

Price:

$1,450,000

Price per Sq. Ft:

$154 per Sq. Ft.

Source:TN KAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.