Seven-Unit Short-Term Rental
For Sale
$3,975,000
Gatlinburg, TN, Gatlinburg, TN
Residential Income, Gatlinburg, TN
Property Size1,550 SF
Lot Size0.01 Acres
Price / SF$2,564
Days on Market23
Property Features
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
21
Bathrooms
14
Full bathrooms
14
Rooms
Bedroom 5, Bathroom 11, Bathroom 8, Bathroom 3, Bedroom 21, Bedroom 11, Bedroom 9, Bedroom 20, Bedroom 17, Bathroom 6, Bedroom 7, Bedroom 18, Bedroom 16, Bedroom 2, Bathroom 12, Bedroom 6, Bathroom 1, Bedroom 8, Bedroom 1, Bedroom 12, Bedroom 15, Bathroom 13, Bedroom 19, Bedroom 13, Bedroom 14, Bathroom 14, Bathroom 7, Bathroom 5, Bathroom 9, Bathroom 2, Bedroom 10, Bathroom 4, Bathroom 10, Bedroom 4, Bedroom 3
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
(865) 694-5904
Listed By:
Christopher Ball · License #346677
(423) 765-5153
Added: Aug 3
Changed: Aug 22
Last Checked: Aug 25 at 4:06PM
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 brings together townhomes at 516 and 520 Proffitt Rd and 537 and 541 Johnson Ln in Gatlinburg. Each unit offers 3 bedrooms, 2 baths, a bonus room, approximately 1,500 square feet, a private hot tub, and three private balconies with seasonal mountain views. The homes were renovated in 2026, furnished, and include central heating, central air, vinyl flooring, wood siding, off-street parking, and public water and sewer.
The properties are located in the Great Smoky Arts & Crafts Community, approximately six miles from Great Smoky Mountains National Park. The seven units are concentrated within one area, providing a coordinated operating footprint for cleaning, maintenance, and pricing management. R-2 zoning is identified for the property, and the units are already operating as short-term rentals.
The properties are located in the Great Smoky Arts & Crafts Community, approximately six miles from Great Smoky Mountains National Park. The seven units are concentrated within one area, providing a coordinated operating footprint for cleaning, maintenance, and pricing management. R-2 zoning is identified for the property, and the units are already operating as short-term rentals.
Key Highlights
- Seven short‑term rental townhomes located across 516, 520 Proffitt Rd and 537, 541 Johnson Ln
- Each unit includes 3 bedrooms, 2 baths, a bonus room, and roughly 1,500 sq ft
- Private hot tub and three private balconies per unit, with seasonal mountain views
Property Analytics
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Renovated and furnished townhomes provide established short-term rental accommodations in Gatlinburg’s Great Smoky Arts & Crafts Community.
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 $3,975,000.
What are key features of this property?
This property features: Seven short‑term rental townhomes located across 516, 520 Proffitt Rd and 537, 541 Johnson Ln; Each unit includes 3 bedrooms, 2 baths, a bonus room, and roughly 1,500 sq ft; Private hot tub and three private balconies per unit, with seasonal mountain views
