2381 Classic Way, Powell, TN

$384,750

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5

Beds

3

Baths

2,720

Square feet

1.42

Acres

About 2381 Classic Way

Investor opportunity with space, land, and multiple value-add angles. This 5-bedroom, 3-bath home sits on over 1.4 acres in Powell and offers nearly 2,800 square feet -- an ideal setup for rental income, multi-generational living, or renovation resale potential. The large footprint, flexible layout, and detached garage with additional outbuildings create strong options for long-term rental, house-hack scenarios, or conversion for higher-yield use. Major systems already addressed including newer HVAC and roof, reducing immediate capital expenses while allowing the next owner to focus on cosmetic improvements and income strategy. The usable acreage, privacy, and storage structures add functionality rarely found at this price point in the area. Convenient Knox County location near schools, shopping, and Knoxville access supports strong rental demand and resale liquidity. Ideal for investors seeking: • Large square footage for higher rent potential • Multi-occupant or extended-family layout • Land + detached structures for added utility • Value-add cosmetic upside Strong candidate for buy-and-hold, light rehab flip, or portfolio addition. Buyers and/or buyer's agent to verify any and all information deemed reliable but not guaranteed.

Features of 2381 Classic Way

MLS® # 1322333
Price $384,750
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Square Footage 2,720
Acres 1.42
Year Built 1985
Type Single Family
Sub-Type Single Family Residence
Style Traditional
Status Active

Community Information

Address 2381 Classic Way
Area Knox County - 1
City Powell
County Knox County - 1
State TN
Zip Code 37849

Amenities

Features Cathedral Ceiling, Pantry, Walk-in Closets, WasherDryer Connect, Whirlpool Tub
Parking Detached
# of Garages 2
Has Pool No

Interior

Interior Features Walk-In Closet(s), Cathedral Ceiling(s), Pantry, Eat-in Kitchen
Appliances Dishwasher, Range
Heating Central, Heat Pump, Electric
Cooling Central Cooling, Ceiling Fan(s)
Fireplace Yes
# of Fireplaces 1
Fireplaces Wood Burning Stove
Has Basement Yes
Basement Crawl Space

Exterior

Exterior Stone, Vinyl Siding, Frame
Lot Description Irregular Lot
Construction Stone, Vinyl Siding, Frame

Additional Information

Date Listed November 19th, 2025
Days on Market 22
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMaX House brokered eXp

Listing Map

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