South Knox Terraces — A 15-Unit, STR-Legal New Construction Community in the Heart of Knoxville

Starting at $279,900
1–2 Bedrooms • 810–1,075 sq ft • Delivery Begins January 2026

⭐️ THE HEADLINE

A full 15-home modern townhome community — all STR-approved — walkable to breweries, restaurants, the riverfront, and Knoxville’s Urban Wilderness.

This is extremely rare:
You can buy one, several, or build an entire short-term rental portfolio in a single master-planned modern development.

🧱 THE COMMUNITY

South Knox Terraces consists of 15 contemporary townhomes across three addresses:

• 2604 Sevier Ave — seven 1BD/1.5BA units (810 sq ft)

• 2600 Sevier Ave — three 2BD/2.5BA units (1,075 sq ft)

• 2608 Sevier Ave — five 2BD/2.5BA units (1,075 sq ft)

All units have NO HOA restrictions on long-term rentals, STRs, STVR, Airbnb, or VRBO.
Certificate of Occupancy begins January 2026 with closings rolling through Q1.

🔑 FEATURED UNIT (EXAMPLE):

2604 Sevier Ave SE #106 — $279,900

1 BD • 1.5 BA • 810 sq ft
New construction • Delivery Feb–Mar 2026

Interior highlights:

• Finished concrete floors on the main level

• Luxury LVP upstairs

• Quartz countertops in kitchen + baths

• Stainless steel appliances

• Large private balcony

• Modern, clean design with big natural light

• Open-concept layout designed for maximum usability and easy STR turnover

HOA:

• $100/mo (1BR units)

• Includes landscaping, common-area upkeep, exterior pest control, trash, and management

• One-time HOA closing fee: $525

🧭 LOCATION = STR SUPERPOWER

South Knoxville is one of Tennessee’s hottest urban pockets.

Guests love:

• 🍺 Walkable breweries, bars, and restaurants

• ☕ Coffee shops and creative retail

• 🚲 Direct access to Urban Wilderness (50+ miles of trails)

• 🌅 Minutes to the Tennessee Riverfront

• 🎨 A vibrant, growing district with major aesthetic appeal

• 🎓 8 minutes from University of Tennessee's campus and sport destinations

The neighborhood consistently attracts:

• Weekend travelers

• Couples’ getaways

• Outdoor enthusiasts

• Concert & event traffic

• Knoxville visitors who want walkability + the outdoors

Result: high occupancy, strong ADR, and year-round demand.

🏗 THE PORTFOLIO PLAY (THE BIG STORY)

This is not a scattered-site play — it’s a uniform, modern, architect-designed community.

Owning multiple units here unlocks:

• A unified brand ("South Knox Modern Retreats")

• Standardized furnishing: buy once, scale across units

• Streamlined cleaning + maintenance

• Consistent guest experience → better reviews

• Ability to host groups across multiple units

• Future appreciation as the corridor continues to boom

• Portfolio value uplift (institutional buyers love uniformity)

Opportunities to buy up to 15 STR-ready new builds in a single walkable urban location almost never exist.

📈 ESTIMATED STR PERFORMANCE

For modern urban Knoxville STRs:

1 Bedroom Units (810 sq ft):

• ADR: $120–$165

• Occupancy: ~65–75%

• Gross: ~$34K–$45K/year

2 Bedroom Units (1,075 sq ft):

• ADR: $175–$250

• Gross: ~$55K–$80K/year

Modern design + walkability = strong click-through + above-average booking velocity.

🏠 FLOORPLANS

1BR (810 sq ft):

• Open living + dining

• Powder room on main

• Bedroom suite upstairs

• Private balcony

• Great natural light

2BR (1,075 sq ft):

• Large open main level

• Two bedroom suites upstairs

• Smart bath layout for guests

• Ideal for couples, small families, or longer stays