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    116 Hazel Dr Sevierville, TN 37862

    For Sale
    $1,200,000

    MULTI_FAMILY - Sevierville, TN

    Property size:
    2,240 SF
    Lot size:
    1.14 Acres
    Days on Market:
    146
    Last Refresh:
    Dec 7 at 7:06 pm

    Property Features for 116 Hazel Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-1
    Rooms
    Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 7, Bathroom 1, Bedroom 1
    Bedrooms
    8
    Bathrooms
    4
    APN
    049H D 03100 000
    Appliances
    Electric Range, Refrigerator
    Size
    2,240 SF
    Lot size
    1.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Electric, Central Air
    Water source
    Public

    Building Details

    Year built
    1989
    Floors in Building
    1
    Roof type
    Composition

    Mountain Home Realty (865) 366-4600

    Listing agent Dennis Brooks (865) 307-1606

    Listing date Jul 15, 2025

    MLS# 307414 Listing URL

    Copyright © 2025 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sevierville Multi-Family Investment Opportunity

    This multi-family property in Sevierville, Tennessee, presents an opportunity for investors. The property consists of two buildings, each containing two units with 2 bedrooms and 1 bath. The combined area of both buildings is 2240 square feet. Situated in a prime rental location, the property is conveniently located near shopping, dining, grocery stores, and area attractions. The current rental income is $4000 per month, suggesting potential for increased market value. Each tenant is responsible for their own utilities. The lot size is 1.14 acres. The zoning is R-1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sevierville
    County
    Sevier
    State
    Tennessee
    Longitude
    -83.577642
    Latitude
    35.872234

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    FAQs

    What type of property is this?
    Duplex - Multi-family duplexes in prime rental location near shopping and attractions.
    Where is this duplex located?
    The property is located at 116 Hazel Dr Sevierville, TN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Prime investment opportunity: Multi-family duplex with two buildings, each containing two 2-bedroom, 1-bath units.; - Strong rental income potential: Currently generating $4000 per month with room to increase to market value.; - Desirable rental location: Close to shopping, dining, grocery stores, and area attractions.
    (865) 307-1606
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    116 Hazel Dr Sevierville, TN 37862
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 Hazel Dr Sevierville, TN 37862
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