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Seven-Unit Short-Term Rental Portfolio
New
For Sale
$4,100,000

Gatlinburg, TN, Gatlinburg, TN

MULTI_FAMILY - Gatlinburg, TN

Property Size1,550 SF
Lot Size0.01 Acres
Price / SF$2,645
Days on Market4

Property Features

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2
Bedrooms 21
Bathrooms 14
Full bathrooms 14
Rooms Bathroom 12, Bedroom 12, Bathroom 9, Bedroom 9, Bathroom 1, Bedroom 18, Bathroom 2, Bedroom 14, Bedroom 8, Bathroom 3, Bedroom 2, Bedroom 13, Bedroom 4, Bedroom 6, Bedroom 7, Bathroom 5, Bathroom 10, Bedroom 19, Bedroom 1, Bathroom 14, Bedroom 11, Bedroom 21, Bedroom 17, Bathroom 11, Bedroom 20, Bathroom 6, Bedroom 5, Bathroom 13, Bathroom 4, Bedroom 16, Bedroom 10, Bathroom 8, Bedroom 3, Bathroom 7, Bedroom 15
Parking features Off Street, Parking Lot
Window features Insulated Windows
Interior features Additional Living Quarters, Ceiling Fan(s)
Lot features Views, Wooded
Elementary school Pittman Center Elementary
Middle school Gatlinburg-Pittman Junior High
High school GatlinburgPittman High
Directions From downtown Gatlinburg, take 321 towards Cosby for approximately 3.9 miles. Turn left on Proffitt Rd. Turn right on Johnson Ln. and follow to unit on left.
Subdivision Sevierville
Standard status Active
APN 117E H 00500 000
Size 1,550 SF
Lot size 0.01 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 924

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

private hot tub
private balconies

Building Details

Year built 2007
Floors in Building 2
Number of units 7
Flooring type Vinyl
Building materials Wood Siding
Listing Agency: Keller Williams Realty - Knox Premier Prop
Listed By: Christopher Ball · License #346677
Added: Aug 3 Last Checked: Aug 6 at 5:06AM
MLS# 313083

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 seven-unit short-term rental portfolio consists of townhomes at four Gatlinburg addresses: 516 Proffitt Road, 520 Proffitt Road, 537 Johnson Road, and 541 Johnson Road. Each unit includes three bedrooms, two bathrooms, a bonus room, full furnishings, a private hot tub, and three private balconies with seasonal mountain views. The units were renovated throughout in 2026 and feature wood siding, vinyl flooring, central heating and cooling, off-street parking, and public water and sewer service.

The properties are located in the Great Smoky Arts & Crafts Community, approximately six miles from a national park. All seven units are operating as short-term rentals and have received 5-star reviews. The shared location supports centralized cleaning, maintenance, pricing, and operating procedures across the portfolio. Zoning is R-2, and the improvements were built in 2007.

Key Highlights

  • Seven short‑term rental townhomes included in one portfolio
  • All units renovated throughout in 2026 and fully furnished
  • Each townhome has 3 bedrooms, 2 bathrooms, and a bonus room

Property Analytics

Current Use

Short term rental ...

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,053
Businesses Nearby

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?
Short term rental property - Furnished townhomes offer renovated interiors, private hot tubs, balconies, and active short-term rental operations.
Where is this short term rental property located?
The property is located at Gatlinburg, TN.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: Seven short‑term rental townhomes included in one portfolio; All units renovated throughout in 2026 and fully furnished; Each townhome has 3 bedrooms, 2 bathrooms, and a bonus room
More about this property
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