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Fourplex Short-Term Rental Property

4222 Dollys Drive Sevierville, TN 37876

4222 Dollys Drive, Sevierville, TN, 37876
$1,900,000
For Sale
$1,900,000

MULTI_FAMILY - Other - Sevierville, TN

Property Size6,360 SF
Lot Size1.41 Acres
Price / SF$298.74
Days on Market72

Property Features for 4222 Dollys Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
A1 per TR
Bedrooms
11
Bathrooms
10
Rooms
Bathroom 4, Bathroom 10, Bedroom 7, Bedroom 8, Bathroom 1, Basement, Bathroom 8, Bathroom 5, Bedroom 5, Bedroom 1, Bathroom 11, Bedroom 10, Bedroom 11, Bathroom 2, Bathroom 6, Bathroom 3, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 7, Bedroom 2, Bedroom 9, Bathroom 9
Parking features
Off Street, Driveway
Fireplace
1
Basement
Finished
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Standard status
Active
APN
085L A 026.00
Size
6,360 SF
Lot size
1.41 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
1924

Utilities

Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Well

Building Details

Year built
1990
Floors in Building
3
Roof type
Metal
Architectural style
Other
Listing Agency eXp Realty, LLC 7720
3401 Mallory Lane #100, Franklin, TN
Listed by Matt Castle
Added: May 7 Checked: Jul 17 at 11:06 am
MLS# 311699 Listing URL

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.

This fourplex offers four separate short-term rental units configured as townhome-style layouts. Units A, B, and C are 3BR/2.5BA, while Unit D is a 2BR/2BA. The property includes rear outdoor deck space across the units, with Units A and C featuring two decks and Unit B featuring four decks. Updates cited by the seller include a new metal roof, new HVAC systems for every unit, new hot water heaters for every unit, new kitchen cabinets and granite in Units A and C, new electric fireplaces, new furniture, and a new water treatment and storage system with UV light. Additional items noted include new smart locks and a plumbing system allowing water to be shut off to one unit without impacting the other three.

Located at 4222 Dollys Drive in Sevierville, the seller describes a long-range smoky mountain view from the rear of the property and notes that any trees shown un-cleared in some photos have been recently removed. Two lots will convey with the sale, including the lot the fourplex is built on and an adjacent lot to the right as you face the building. The seller also states that high-speed broadband internet via Comcast/Xfinity is available for each unit, and that parking is not expected to be a constraint, with substantial parking provided for each unit. Three park-style grills are included for outdoor guest use.

For operators looking to manage rentals directly, the property is described as self-managed, with the owner offering the option to transfer future rental reservations with an acceptable offer and written agreement. The seller also indicates they can provide cleaning, handyman/contractor, and other vendor contacts to support a smooth ownership transition. The seller further highlights a potential conversion to a 5th rental unit by finishing an unfinished area above Unit C, described as similar in size to Unit D (approximately 1,400 square feet). Reported 2025 gross rental income is $187,930, and the seller states the property has a very high occupancy rate.

Key Highlights

  • 4‑plex built in 1990 with long‑range Smoky Mountain views from the rear of each unit and short‑term rental use.
  • 2025 gross rental income reported at $187,930; unit mix includes 3BR/2.5BA townhome floor plans in Units A, B & C and a 2BR/2BA unit (Unit D).
  • Value‑add potential: unfinished area above Unit C could be converted to a 5th rental unit (approx. 1,400 SF, similar to Unit D).

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Building Supply HVAC Service Storage Facility Locksmith Grocery & Convenience Store Hair Salon Nail Salon Spa & Massage Center Restaurant (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Updated four-unit property with multiple decks, ample parking, and short-term rental-ready unit layouts.
Where is this quadplex located?
The property is located at 4222 Dollys Drive Sevierville, TN.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 4‑plex built in 1990 with long‑range Smoky Mountain views from the rear of each unit and short‑term rental use.; 2025 gross rental income reported at $187,930; unit mix includes 3BR/2.5BA townhome floor plans in Units A, B & C and a 2BR/2BA unit (Unit D).; Value‑add potential: unfinished area above Unit C could be converted to a 5th rental unit (approx. 1,400 SF, similar to Unit D).
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