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Four-Unit Duplex Property
For Sale
$999,000

116 Hazel Drive, Sevierville, TN 37862

Multi Family, Sevierville, TN

Property SizeContact for details
Lot Size1.14 Acres
Days on Market128

Property Features for 116 Hazel Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-1
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 7, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 8, Bedroom 4
Appliances Range, Refrigerator
Elementary school Out Of Area
Middle school Out Of Area
High school Out Of Area
Directions In Sevierville take Main Street to a left onto Hazel Drive. Follow to 116 Hazel Drive.
Standard status Active
APN 049h D 031.00
Lot size 1.14 Acres

Taxes and HOA fees

Tax Annual Amount 995

Utilities

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

Building Details

Year built 1989
Floors in Building 1
Number of units 2
Building materials Vinyl Siding
Roof type Shingle, Composition
Architectural style Other
Listing Agency: Mountain Home Realty
Listed By: Dennis Brooks · License #300334
Added: May 6 Changed: Sep 8 Last Checked: Sep 10 at 9:06PM
MLS# 9994956

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. 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 duplex property includes two separate buildings with two residences in each building, creating four total units. Every residence is arranged as a two-bedroom, one-bath layout with a single-level design and open-plan interiors. Existing features include ranges, refrigerators, central heating and cooling, vinyl siding, composition shingle roofing, and public water and sewer service. The improvements date to 1989 and may benefit from updating.

The property occupies 1.14 acres in Sevierville and carries R-1 zoning. Each tenant is responsible for their own utilities, providing a defined operating arrangement across the units.

Key Highlights

  • Four total units across two duplex buildings
  • Each residence includes 2 bedrooms and 1 bathroom
  • 1.14‑acre property in Sevierville

Property Analytics

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Single-level residences offer open layouts, public utilities, and tenant-paid utility service.
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: Four total units across two duplex buildings; Each residence includes 2 bedrooms and 1 bathroom; 1.14‑acre property in Sevierville
More about this property
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