Four-Unit Duplex Multifamily
2312 Boyds Creek Highway Sevierville, TN 37876
New
For Sale
$700,000
COMMERCIAL - Sevierville, TN
Property Size3,200 SF
Lot Size0.76 Acres
Price / SF$218.75
Days on Market1
Property Features for 2312 Boyds Creek Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Parking
8
Standard status
Active
APN
025 009.02
Size
3,200 SF
Lot size
0.76 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1764
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1999
Floors in Building
1
Flooring type
Laminate
Listing Agency:
PWA Properties
(865) 233-6441
Listed By:
Kevin Tipton · License #275491
(865) 210-0228
Added: Jul 29
Last Checked: Jul 29 at 4:06PM
MLS# 313012
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.
2312 Boyds Creek Highway is a well-maintained four-unit multifamily property consisting of two duplexes. The building has four two-bedroom, one-bathroom units and is currently 100% occupied.
Located in Sevierville, Tennessee, the property is described as being about 15 minutes from downtown Sevierville and about 20 minutes from downtown Knoxville, providing convenient access to major employment centers, retail, dining, and entertainment.
With a total of four residential units arranged as two duplexes, this property offers a straightforward multifamily setup in a C2-zoned area.
Located in Sevierville, Tennessee, the property is described as being about 15 minutes from downtown Sevierville and about 20 minutes from downtown Knoxville, providing convenient access to major employment centers, retail, dining, and entertainment.
With a total of four residential units arranged as two duplexes, this property offers a straightforward multifamily setup in a C2-zoned area.
Key Highlights
- Four‑unit multifamily property with two duplexes in Sevierville, TN
- All units are 2‑bedroom, 1‑bath and the property is 100% occupied
- Year built: 1999
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 | $48.0k | $15.00 |
| − Vacancy | −$4.8k | −$1.50 |
| EGI | $43.2k | $13.50 |
| − OpEx | −$19.4k | −$6.08 |
| NOI | $23.8k | $7.43 |
3,200 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$339.4K
$297.0K – $396.0K
NOI $23,760 @ 7.0% cap · market cap 3.39%
Second Best
Multifamily LT 5
$249.4K
$218.3K – $291.0K
NOI $17,461 @ 7.0% cap · market cap 2.49%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,464 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained two-duplex property with four two-bedroom, one-bath units that are currently 100% occupied.
Where is this quadplex located?
The property is located at 2312 Boyds Creek Highway Sevierville, TN.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Four‑unit multifamily property with two duplexes in Sevierville, TN; All units are 2‑bedroom, 1‑bath and the property is 100% occupied; Year built: 1999
