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Under-Construction 5-Plex Investment
For Sale
$1,150,000

120 County Garage Rd, Sevierville, TN 37876

MULTI_FAMILY - Sevierville, TN

Property Size3,000 SF
Lot Size1.43 Acres
Price / SF$383.33
Days on Market115

Property Features for 120 County Garage Rd

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 10
Full bathrooms 5
Rooms Bathroom 2, Bedroom 2, Bathroom 5, Bathroom 3, Bedroom 7, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 9, Bedroom 8, Bedroom 10, Bathroom 4, Bedroom 6
Interior features Kitchen Island
Exterior features Handicap Accessible, Prof Landscaped
Accessibility Accessible Approach with Ramp
Appliances Microwave, Range, Refrigerator, Self Cleaning Oven
Elementary school Sevierville Primary
Middle school Sevierville
High school Sevier County
Directions From US-411 N / Dolly Parton Parkway. Continue on Dolly Parton Parkway for about 5-6 miles. Turn right onto County Garage Rd. 120 County Garage Rd will be on your right.
Subdivision Sevier County - 27
Standard status Active
APN 051 025.00
Size 3,000 SF
Lot size 1.43 Acres

Utilities

Utilities Cable Available
Heating system Natural Gas, Electric (Heating), Central
Cooling system Ceiling Fan(s), Central Air

Building Details

Year built 2026
Number of units 5
Building materials Vinyl Siding, Block
Roof type Asphalt
Listing Agency: eXp Realty, LLC
Listed By: Paula King
Added: Apr 9 Changed: Jul 30 Last Checked: Aug 1 at 10:06AM
MLS# 1336075

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This under-construction 5-plex is planned as a single property comprising five units, with each unit designed to include 2 bedrooms and 1 bathroom. The property is being built for efficient, modern residential use, and all units will be sold together as one package. The estimated completion date is July 15, 2026.

The development is located at 120 County Garage Rd in Sevierville, Tennessee, on approximately 1.43 acres of land. The property is identified as being zoned commercial, providing flexibility for how the residential income structure is utilized within applicable guidelines.

At approximately 3,000 square feet, this is a ground-up opportunity for buyers seeking a newly constructed multi-family asset with a consistent unit mix across all five apartments.

Key Highlights

  • 5‑plex under construction (Year built 2026) with an estimated completion date of July 15, 2026
  • 1.43‑acre property zoned commercial
  • Five units, each planned with 2 bedrooms and 1 bath

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Electrical Service Restaurant Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

41
Businesses Nearby

Demographics for 37876, TN

32,866
Population
18,206
Households
1.8
Avg Household Size
45
Median Age
22%
College-Educated
89%
High-School Grad
186.8 sq mi
ZIP Area
176
Density / Sq Mi
$58,513
Median Household Income
$33,603
Median Earnings
$997
Median Rent
$257,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Under construction 5-plex with five 2-bedroom, 1-bath units on commercially zoned land.
Where is this apartment building located?
The property is located at 120 County Garage Rd Sevierville, TN.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 5‑plex under construction (Year built 2026) with an estimated completion date of July 15, 2026; 1.43‑acre property zoned commercial; Five units, each planned with 2 bedrooms and 1 bath
More about this property
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