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Townsend, TN Apartment Buildings for Sale

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Townsend Multifamily Investment Opportunity
Updated: Mar 26
Townsend Multifamily Investment Opportunity

7052 E Lamar Alexander Pkwy, Townsend, TN 37882

$1,375,000
8,940 sqft
Prime location: Only 8 minutes from the entrance of the Great Smoky Mountain National Park.
Recently renovated: Features brand‑new kitchenettes, fixtures, and furniture.
Turn‑key property: Ready for immediate operation.
Investment opportunity: 16 units in Townsend, TN.
Proximity to attractions: Near Pigeon Forge and Gatlinburg.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Townsend, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Approved Development Site in Maryville
Approved Development Site in Maryville

1802 Jett Rd, Maryville, TN 37804

$440,000
2.67 AC lot

Approved development site for 16 condos in Maryville, Tennessee.

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12-Unit Brick Townhouse Community
12-Unit Brick Townhouse Community

102 Asbury Way, Maryville, TN 37804

$2,500,000
12,804 sqft

Two residential buildings offer remodeled interiors, private patios, front-door parking, and separately metered utilities.

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Seven-Unit Short-Term Rental Portfolio
Seven-Unit Short-Term Rental Portfolio

Gatlinburg, TN

$3,975,000
1,550 sqft 0.01 AC lot

Renovated and furnished townhomes provide established short-term rental accommodations in Gatlinburg’s Great Smoky Arts & Crafts Community.

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Spacious Condo with Mountain Views
Spacious Condo with Mountain Views

1130 Ski View Drive, Gatlinburg, TN 37738

$400,000

Expansive 3-bedroom condo near downtown Gatlinburg with mountain views.

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Townsend, TN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Townsend, TN on our real estate platform. These investment opportunities span a total of 8,940 square feet of properties for sale, with an estimated market value of $1,375,000.

Sale prices for two-family homes in Townsend, TN average $1,375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,800
Population Growth (5Y) +4.1%
Median Household Income $61,875
College Educated 48.8%

High-Yield Neighborhoods for Investment

Identify Townsend submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
37882 $1.4M

Taxes & Financing

Tax Rate (average for all types) 2.06%
Property Tax per SF $51.16 per SF
Tax Rate vs County Average 0.52 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Blount County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Blount County

Residential Income

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