211 Elyria Drive, Knoxville, TN 37912

$1,650,000
Property Type: Multi-Family Status: Closed
Current Price: $1,650,000 List Date: 5/22/2026 Last Modified: 8/04/2026

Overview

Description

SVN | Wood Properties is proud to present 211 Elyria Drive, is a prime 16 unit multifamily gem in North Knoxville, offering the perfect mix of quiet neighborhood living and quick access to downtown and major routes. The units have all been updated and are well-kept, and renter-ready, currently generating $995 per month per unit with reliable cash flow. With the recent cap-ex put into the property and a market rent of $1,150, this property presents exciting upside and a strong opportunity for investors looking to capture growth in Knoxville's thriving rental market. This property is part of a 129 Unit portfolio that can be purchased together. To access full financials please visit https://svnwood.com/inventory/?propertyId=1576351-sale

Listing Details MLS# 1342043

Location Tax Legal Info

House #
211
Street Name
Elyria
St Suffix
Drive
State/Province
TN
Zip Code
37912
PIN #
068LG027

Contract Info

Auction Y/N
No
Listing Price
1750000

General Property Description

Lot Dimensions
140 X 211.4 X IRR
Number of Units
16
Utilities/Mo Avg
1012.5
Year Built
1975
Property Status
N/A
Driveway
Paved

Status Change Info

Status Change Date
2026-08-04
Under Contract Date
2026-06-04
Sold Date
2026-07-31

More Information

Property Features

Property Sub-Type: Apartment Type of Units: 1 Bedroom Unit Sale Includes: Other Floors: Hardwood Fuel: Electric Heat: Central Cooling: Central Cooling Construction: Other Roof: Shingle Other Rooms: Other New Financing: Cash; Conventional; New Loan Showing: See Agent Instructns
IDX
Listing Office: SVN I Wood Properties
Last Updated: August - 04 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 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 daily, 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.