End-of-Road Duplex with
4238 Dollys Drive Sevierville, TN 37876
4238 Dollys Drive, Sevierville, TN, 37876
$565,000
For Sale
$565,000
MULTI_FAMILY - Other - Sevierville, TN
Property Size2,644 SF
Lot Size0.42 Acres
Price / SF$213.69
Days on Market194
Property Features for 4238 Dollys Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- A-1
- Bedrooms
- 4
- Bathrooms
- 5
- Rooms
- Bathroom 2, Laundry Room, Basement, Bathroom 5, Bedroom 1, Dining Room, Bedroom 3, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 4, Bathroom 6, Bedroom 2
- Parking features
- Driveway, Carport
- Window features
- Double Pane Windows
- Patio and Porch features
- Porch, Deck
- Interior features
- Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Kitchen/Dining Combo, Living/Dining Combo, Solid Surface Counters, Storage, Walk-In Closet(s)
- Fireplace
- 1
- Basement
- Crawl Space
- Appliances
- Dishwasher, Dryer, Electric Cooktop, Electric Range, Microwave Range Hood Combo, Refrigerator, Self Cleaning Oven, Washer
- Standard status
- Active
- APN
- 085L A 029.01
- Size
- 2,644 SF
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2274
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Electric, Heat Pump
- Water source
- Well
Building Details
- Year built
- 1984
- Floors in Building
- 2
- Flooring type
- Vinyl
- Building materials
- Frame, Stone, Wood Siding
- Roof type
- Metal
- Architectural style
- Other
- Additional Structures
- Storage
Listing agency
Century 21 Legacy GP
(865) 436-7121
Listed by
The Jason White Team
(877) 678-2121
Added: Jan 9 Updated: Jul 22 at 4:03AM Checked: Jul 22 at 10:06PM
MLS# 309657
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This for-sale duplex includes two separate 2-bedroom, 2.5-bath units totaling approximately 2,644 square feet. Each residence features an open-concept main level with a great room and fireplace, along with a kitchen and dining area. A main-level bedroom is served by a private ensuite bath, and the second level provides a primary suite with its own fireplace, a full bath, and generous closet space. Outside, both units include attached carports, front patios, and private rear decks.
The property is set at the end of a quiet, low-traffic road in the Catons Chapel area, offering wooded views with peeks of the mountains and valley. It is located in Sevierville, within minutes of Gatlinburg, Pigeon Forge, and the Great Smoky Mountains National Park, providing convenient access to the region’s major destinations.
The layout is well suited for buyers seeking a multi-unit setup for investment, multi-generational living, or a private short-term rental configuration. With separate residences, the property can support different household needs while maintaining individual outdoor space and bedroom-level privacy.
The property is set at the end of a quiet, low-traffic road in the Catons Chapel area, offering wooded views with peeks of the mountains and valley. It is located in Sevierville, within minutes of Gatlinburg, Pigeon Forge, and the Great Smoky Mountains National Park, providing convenient access to the region’s major destinations.
The layout is well suited for buyers seeking a multi-unit setup for investment, multi-generational living, or a private short-term rental configuration. With separate residences, the property can support different household needs while maintaining individual outdoor space and bedroom-level privacy.
Key Highlights
- Duplex with 2 separate 2BD/2.5BA units and over 2,600 SF total living space
- Each unit features open‑concept great room with fireplace plus kitchen/dining combo
- Main‑level bedroom with private ensuite bath in each unit, plus second‑level primary suite
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.7k | $15.00 |
| − Vacancy | −$4.0k | −$1.50 |
| EGI | $35.7k | $13.50 |
| − OpEx | −$16.1k | −$6.08 |
| NOI | $19.6k | $7.43 |
2,644 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$280.5K
$245.4K – $327.2K
NOI $19,632 @ 7.0% cap · market cap 3.47%
Second Best
Multifamily LT 5
$206.1K
$180.3K – $240.5K
NOI $14,427 @ 7.0% cap · market cap 2.55%
Theoretical Best
Office A
$1.12M
$975.6K – $1.30M
NOI $78,051 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dollys View 2
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two separate 2-bedroom residences with fireplaces, patios, and decks set on a quiet wooded drive in Sevierville.
Where is this duplex located?
The property is located at 4238 Dollys Drive Sevierville, TN.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Duplex with 2 separate 2BD/2.5BA units and over 2,600 SF total living space; Each unit features open‑concept great room with fireplace plus kitchen/dining combo; Main‑level bedroom with private ensuite bath in each unit, plus second‑level primary suite
