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Two-Home Multifamily Property

306 & 310 Teague Lane, Sevierville, TN 37862

For Sale
$4,300,000

Multi-Family, Sevierville, TN

Property Size14,507 SF
Price / SF$296.41
Days on Market35

Property Features for 306 & 310 Teague Lane

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 10
Full bathrooms 8
Rooms Bathroom 2, Bathroom 6, Bedroom 8, Bedroom 10, Bathroom 7, Bedroom 6, Bedroom 9, Bathroom 8, Bedroom 5, Bedroom 3, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 7, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 1
Parking features Off Street, Underground/Basement, Open
Security features Security Alarm
Patio and Porch features Patio, Porch
Interior features Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry
Exterior features Windows - Vinyl
Appliances Dishwasher, Microwave, Range, Refrigerator
Directions Follow GPS.
Subdivision Sevier County - 27
Standard status Active
APN 072 081.01
Size 14,507 SF

Taxes and HOA fees

Tax Annual Amount 2077

Utilities

Heating system Electric (Heating), Natural Gas, Central
Cooling system Central Air, Ceiling Fan(s)

Amenities

covered front porch
masonry gas fireplace
built-in speakers
central vacuum
high-speed internet
chair lift
wood-burning stove
pool
wood-burning fireplace
kitchenette
recreation room
walk-in pantry
dedicated laundry room

Building Details

Year built 1995
Number of units 2
Flooring type Carpet, Hardwood, Tile
Building materials Brick
Roof type Shingle, Asphalt
Buildings 2
Listing Agency: Keller Williams · Keller Williams Realty
Listed By: Courtney McGhee
Added: Oct 9 Changed: Oct 27 Last Checked: Nov 12 at 6:06AM
MLS# 1358361

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This Sevierville property brings together two custom-built residences on nearly 10 acres. The home at 306 Teague Lane includes a main-level primary suite, three upstairs bedrooms, and two additional bedrooms with a sitting area and kitchenette above the garage. Its features include a granite kitchen with an oversized island, an office, a masonry gas fireplace, and six-vehicle garage capacity. An unfinished lower level has a half bath, wood-burning stove, and plumbing provisions for additional bathrooms and bedrooms.

At 310 Teague Lane, the five-bedroom home has four full bathrooms, a half bath, a recreation room, and a lower-level kitchenette. Its pool and textured deck overlook the Smoky Mountains. Both homes are served by city water, sewer, and natural gas. The property is within Sevierville city limits, between Apple Barn and SkyLand Ranch, and a short drive from the Pigeon Forge Strip.

Key Highlights

  • Two custom homes offered together on nearly 10 acres
  • 306 Teague Lane has garage parking for six vehicles
  • 310 Teague Lane includes a pool with a Smoky Mountain outlook

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

310
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
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Market

Average Price Trend$/SF for Multifamily properties in Sevierville, TN

$322 Jul
$317 Aug
$333 Sep
$375 Oct

Properties on Market for Multifamily properties in Sevierville

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two custom residences share city water, sewer, and natural gas service in a wooded Sevierville setting.
Where is this multifamily property located?
The property is located at 306 & 310 Teague Lane Sevierville, TN.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Two custom homes offered together on nearly 10 acres; 306 Teague Lane has garage parking for six vehicles; 310 Teague Lane includes a pool with a Smoky Mountain outlook
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