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Four-Unit Multifamily Property
For Sale
$999,000

116 Hazel Drive, Sevierville, TN 37862

Two single-level buildings offer open-plan layouts with central air and tenant-paid utilities.

Property SizeContact for details
Days on Market115

Property Features for 116 Hazel Drive

General Information

Standard status Active
Property subtype Duplex

Amenities

Central
Central Air
Electric
Electric Range
Refrigerator
Composition

Building Details

Year Built 1989
Stories 1
Listing Agency: Mountain Home Realty
Listed By: Dennis Brooks · License #300334
Source: Kw
Added: May 7 Changed: Aug 25 Last Checked: Aug 29 at 5:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mountain Home Realty

Investment Insights

Based on property information with market context.

This multifamily property includes two separate buildings with four total units. Each building contains two 2-bedroom, 1-bath residences arranged on a single level, with open-plan interiors. Central air, electric service, electric ranges, and refrigerators are among the listed property features. The buildings were constructed in 1989 and have composition exteriors.

The property is located at 116 Hazel Drive in Sevierville, with convenient access to downtown. Each unit is separately responsible for its own utilities, providing a defined utility arrangement across the residences.

Key Highlights

  • Four 2‑bedroom, 1‑bath units across two buildings
  • Single‑level residences with open‑plan interiors
  • Central air, electric ranges, and refrigerators

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service Home Appliance Store Butcher Storage Facility Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

460
Businesses Nearby

Demographics for 37862, TN

23,236
Population
13,676
Households
1.7
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
81.8 sq mi
ZIP Area
284
Density / Sq Mi
$58,110
Median Household Income
$31,490
Median Earnings
$956
Median Rent
$283,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Two single-level buildings offer open-plan layouts with central air and tenant-paid utilities.
Where is this multifamily property located?
The property is located at 116 Hazel Drive Sevierville, TN.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bath units across two buildings; Single‑level residences with open‑plan interiors; Central air, electric ranges, and refrigerators
More about this property
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