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Two-Building Duplex with Four 2-Bed Units
For Sale
$999,000

116 Hazel Drive, Sevierville, TN 37862

MULTI_FAMILY - Sevierville, TN

Property Size2,240 SF
Lot Size1.14 Acres
Price / SF$445.98
Days on Market102

Property Features for 116 Hazel Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-1
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bedroom 7, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 1, Bedroom 8, Bedroom 5, Bathroom 1
Appliances Electric Range, Refrigerator
Directions In Sevierville take Main Street to a left onto Hazel Drive. Follow to 116 Hazel Drive.
Subdivision Sevierville
Standard status Active
APN 049H D 031.00
Size 2,240 SF
Lot size 1.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1280

Utilities

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

Building Details

Year built 1989
Floors in Building 1
Roof type Composition
Listing Agency: Mountain Home Realty
Listed By: Dennis Brooks · License #300334
Added: May 6 Changed: Aug 3 Last Checked: Aug 15 at 7:06AM
MLS# 311668

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.

Duplex portfolio featuring two one-level buildings with four total units. Each building has two two-bedroom, one-bath apartments. Units are described as having an open floor plan concept, and each tenant is responsible for their own utilities. Property improvements include electric heating with central air conditioning. Appliances listed include electric range and refrigerator. Public water and public sewer service are in place, with a composition roof. The property was built in 1989 and sits on a 1.14-acre lot with 2,240 square feet of total building area.

Located in Sevierville, Tennessee (Sevier County) at 116 Hazel Drive. The property is positioned for long-term residential rental use, with the option described to consider conversion to nightly rentals depending on how the buyer intends to operate.

Zoned R-1, this is a small, multi-building multifamily setup designed for straightforward unit-by-unit utility responsibility.

Key Highlights

  • Two buildings with four total units, each with two bedrooms and one bathroom
  • R‑1 zoning
  • 1.14‑acre lot and 2,240 SF total building area

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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

429
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - R-1 duplex portfolio with two one-level buildings offering four two-bedroom, one-bath units and public water and sewer.
Where is this duplex 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: Two buildings with four total units, each with two bedrooms and one bathroom; R‑1 zoning; 1.14‑acre lot and 2,240 SF total building area
More about this property
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