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    Gatlinburg, TN Multifamily Properties for Sale

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    Sevierville, TN Townsend, TN Bryson City, NC
    13 results
    Turn-Key Triplex Cabin Investment
    $749,999
    2,880 SF

    Turn-Key Triplex Cabin Investment

    131 John Green Road, Gatlinburg, TN 37738

    Fully furnished triplex near Gatlinburg with rental versatility.

    • Triplex cabin with three fully furnished, turn‑key units, offering immediate rental income potential.
    • Prime location in the Smoky Mountains, only 6 miles from downtown Gatlinburg.
    • Versatile rental options: can be rented as 1, 2, or 3 bedroom units for short‑term or long‑term stays.
    • Recent significant enhancements including new granite countertops, marble bathroom vanities, updated appliances, and wood panel accent walls.
    • Desirable amenities including a hot tub, air hockey, foosball, and a shiatsu massage chair.
    Updated: May 15
    View details
    Gatlinburg Income-Producing Cottage Portfolio
    $2,691,000
    3,934 SF

    Gatlinburg Income-Producing Cottage Portfolio

    124 Roaring Fork Rd, Gatlinburg, TN 37738

    Eleven furnished studio cottages in the heart of Gatlinburg.

    • High Income Potential: Portfolio of 11 studio cottages generated over $335k in gross revenue last year.
    • Prime Location: In the heart of Gatlinburg, conveniently located to top attractions.
    • Turnkey Operation: 11 furnished units ready for immediate rental income.
    • Expansion Potential: Opportunity to add/rebuild units (subject to City of Gatlinburg requirements).
    • Desirable Amenities: Includes AT&T Fiber internet and Smart TVs.
    Updated: Apr 6
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    Gatlinburg Estate: Income Potential
    $1,692,000
    10,640 SF

    Gatlinburg Estate: Income Potential

    Unique Gatlinburg estate with income potential in Arts & Crafts Community.

    248 Buckhorn Road, Gatlinburg, TN 37738
    View details
    Gatlinburg Land Development Opportunity
    $1,100,000
    8.85 Acres

    Gatlinburg Land Development Opportunity

    8.85 acres near Gatlinburg Arts & Crafts Community.

    1178 Ogle Hills Road, Gatlinburg, TN 37738
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    Turnkey Luxury Cabin in Gatlinburg
    $900,000
    1,893 SF

    Turnkey Luxury Cabin in Gatlinburg

    Luxury cabin near downtown Gatlinburg with proven rental income.

    519 Edgewood Drive, Gatlinburg, TN 37738
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    Gatlinburg Cabins: Income-Producing Portfolio
    $1,475,000
    3,554 SF

    Gatlinburg Cabins: Income-Producing Portfolio

    Four income-producing log cabins in Gatlinburg Arts and Crafts district.

    4130 Tro Way, Gatlinburg, TN 37738
    View details
    Log Cabin Short-Term Rental Portfolio
    $1,495,000
    3.00 Acres

    Log Cabin Short-Term Rental Portfolio

    Four well-maintained log cabins with private decks and hot tubs provide verified rental income potential.

    4130 Tro Way, Gatlinburg, TN 37738
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    Modern Cabins in Smoky Mountains
    $2,637,000

    Modern Cabins in Smoky Mountains

    New construction cabins near Gatlinburg, ideal for short-term rentals.

    204-234 Braydens Way, Gatlinburg, TN 37738
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    Smoky Mountain RV Lot
    $65,000
    0.04 Acres

    Smoky Mountain RV Lot

    Private RV lot with utilities near Great Smoky Mountains.

    4229 E Parkway, Gatlinburg, TN 37738
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    Dudley Creek Apartments For Sale
    $950,000
    5,022 SF

    Dudley Creek Apartments For Sale

    Six-unit multifamily property near Gatlinburg Parkway.

    445-447 Dudley Creek Road, Gatlinburg, TN 37738
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    RV Lot in Gated Community
    $69,900
    0.02 Acres

    RV Lot in Gated Community

    RV lot with amenities near Great Smokey Mountains.

    4229 E Parkway, Gatlinburg, TN 37738
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    Renovated Triplex in Arts & Craft Area
    $2,149,000
    0.62 Acres

    Renovated Triplex in Arts & Craft Area

    Renovated triplex in Gatlinburg's Arts & Craft Area.

    744 Powdermill Road, Gatlinburg, TN 37738
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    Mixed-Use Investment in Gatlinburg, TN
    Contact for pricing
    91,912 SF

    Mixed-Use Investment in Gatlinburg, TN

    82-unit mixed-use property with luxury apartments and retail space.

    849 Glades Rd, Gatlinburg, TN 37738
    View details
    Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 13 Active listings in Gatlinburg, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Two-Cabin Income Property
    $891,000
    2,976 SF

    Turnkey Two-Cabin Income Property

    Two similar turnkey cabins on 2.77 acres provide STR income with private decks and hot tub for guest-ready stays.

    1805 Shady Grove Rd, Sevierville, TN 37876
    View details
    Sevierville Hospitality Property For Sale
    $1,499,999
    8,232 SF

    Sevierville Hospitality Property For Sale

    Short-term rental property near Gatlinburg, Pigeon Forge, and Smoky Mountains.

    4155 Dollys Drive, Sevierville, TN 37876
    View details
    Pigeon Forge Townhome Community
    $1,800,000
    7,648 SF

    Pigeon Forge Townhome Community

    Six-unit townhome community near Dollywood, suitable for short-term rentals.

    3729 Plaza Way, Pigeon Forge, TN 37863
    View details
    Pigeon Forge Development Opportunity
    $5,900,000
    16.22 Acres

    Pigeon Forge Development Opportunity

    16.22 acres in the heart of Pigeon Forge.

    820 Old Gate Rd, Pigeon Forge, TN 37863
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pigeon Forge Land Investment Opportunity
    $5,900,000
    16.22 Acres

    Pigeon Forge Land Investment Opportunity

    16.22 acres near Parkway with utilities and development potential.

    820 Old Gate Road, Pigeon Forge, TN 37863
    View details
    Pigeon Forge Land Investment Opportunity
    $5,900,000
    16.22 Acres

    Pigeon Forge Land Investment Opportunity

    16.22 acres near Parkway with utilities and development potential.

    820 Old Gate Rd, Pigeon Forge, TN 37863
    View details
    Sevierville Mountain Top Land
    $2,345,000
    95.34 Acres

    Sevierville Mountain Top Land

    95+ acres with unmatched views and development potential.

    5 Shell Mountain Rd, Sevierville, TN 37876
    View details
    Riverfront Development Tract in Sevierville
    $2,200,000
    6.95 Acres

    Riverfront Development Tract in Sevierville

    6.95-acre industrial-zoned land with river frontage near downtown Sevierville.

    1000 Old Knoxville Highway, Sevierville, TN 37862
    View details

    Off-Market Properties in Gatlinburg, TN

    Consider similar Off-Market properties in Gatlinburg, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4835 Pkwy Parkway
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.30 Acres
    Value Estimation by Request

    4835 Pkwy Parkway, Gatlinburg, TN 37738

    View details
    445 Dudley Creek Rd
    Multifamily properties
    Value Estimation by Request

    445 Dudley Creek Rd, Gatlinburg, TN 37738

    View details

    Gatlinburg, TN Multifamily Properties Investment Opportunities Market Analysis

    Explore 15 multifamily properties for sale in Gatlinburg, TN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 27,923 square feet of properties for sale, with an estimated market value of $8,457,999.

    Sale prices for multifamily properties in Gatlinburg, TN start at $749,999, averaging $1,409,666, and reaching up to $2,691,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Short term rental properties 9
    Apartment buildings 2
    Mobile home & RV parks 2
    Triplexes 2

    Demographics Overview

    Population 5,269
    Population Growth (5Y) -5.2%
    Median Household Income $63,133
    College Educated 40.4%

    High-Yield Neighborhoods for Investment

    Identify Gatlinburg submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    37738 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.58%
    Property Tax per SF $18.68 per sq ft
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

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