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
| Office | MaX House brokered eXp |
|---|
