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Gatlinburg, TN Multifamily Properties for Sale

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Residential Income Compound with Workshop
Updated: Apr 29
Residential Income Compound with Workshop

238/248 Buckhorn Road, Gatlinburg, TN 37738

$1,690,000
10,640 sqft 3.31 AC lot
Approximately 1.48 acres in Turtle Hollow Estates with Buckhorn Creek running through the property and views of Mt. LeConte
5 bedrooms and 4.5 bathrooms across multiple structures, including a fully renovated 4BR/3.5BA main residence plus a separate 1BR/1BA penthouse apartment
Main‑level primary bedroom, bathroom, and laundry in the main residence; 2nd‑floor right‑side guest suite has 2 bedrooms and 1 full bath
Penthouse apartment has standalone features including its own garage, kitchen, laundry, and living area
Man cave garage and shop includes a 7500 lb lift, DeWalt compressor with 3/4 in hard air lines, 200‑amp service, multiple HVAC systems, and a loft
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238/248 Buckhorn Road, Gatlinburg, TN 37738

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11-Unit Furnished Rental Portfolio
Updated: Apr 6
11-Unit Furnished Rental Portfolio

124 Roaring Fork Rd, Gatlinburg, TN 37738

$2,685,000
3,934 sqft 1.12 AC lot
11‑unit furnished income‑producing portfolio on 1+ acres in Gatlinburg
More than $335k gross revenue generated last year (see associated docs for gross rental numbers)
Includes cottages and suites; Cottages 1 & 2 have kitchenette area and Cottages 3‑8 have space to build out kitchenette areas
AT&T Fiber internet and Smart TV’s included across the units
No HOA; off‑street parking with porches
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Artist Compound with Multiple Structures
Artist Compound with Multiple Structures

238/248 Buckhorn Road, Gatlinburg, TN 37738

$1,690,000
10,640 sqft 3.31 AC lot

Multi-structure estate on multiple acres with a renovated main residence and standalone apartment.

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Dudley Creek Apartments For Sale
Dudley Creek Apartments For Sale

445-447 Dudley Creek Road, Gatlinburg, TN 37738

$950,000
5,022 sqft

Six-unit multifamily property near Gatlinburg Parkway.

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Multi-Structure Retreat Compound
Multi-Structure Retreat Compound

248 Buckhorn Road, Gatlinburg, TN 37738

$1,550,000
10,640 sqft 1.48 AC lot

Compound with a renovated main residence plus a separate penthouse apartment across multiple buildings on a wooded creek setting.

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Multi-Structure Estate Compound
Multi-Structure Estate Compound

248 Buckhorn Road, Gatlinburg, TN 37738

$1,550,000
10,640 sqft 1.48 AC lot

Estate compound with multiple residences and creative buildings, including a renovated main home and standalone penthouse apartment.

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Triplex Cabin with Furnished Units
Triplex Cabin with Furnished Units

131 John Green Road, Gatlinburg, TN 37738

$699,800
2,880 sqft 1.01 AC lot

Three fully furnished triplex units with updated kitchens and bathrooms, plus exterior stairs and amenities including hot tub.

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Creekside RV Lot with Camper
Creekside RV Lot with Camper

4229 E Parkway #257, Gatlinburg, TN 37738

$121,900

Deeded RV lot at a year-round Gatlinburg resort, including a 2014 destination camper and access to resort amenities.

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Log Cabin Quadplex Retreat
Log Cabin Quadplex Retreat

4130 Tro Way, Gatlinburg, TN 37738

$1,475,000
3,554 sqft 3.00 AC lot

Four maintained log cabins on 3 acres, updated with new roofs, flooring, exterior stain, and fresh interior paint.

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Fully Furnished Short-Term Rental Cabin
Fully Furnished Short-Term Rental Cabin

519 Edgewood Drive, Gatlinburg, TN 37738

$900,000
1,893 sqft

Modern 2020-built two-bedroom cabin with three covered decks, including a hot tub, and in-unit furnishings.

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Spacious Condo with Mountain Views
Spacious Condo with Mountain Views

1130 Ski View Drive, Gatlinburg, TN 37738

$400,000

Expansive 3-bedroom condo near downtown Gatlinburg with mountain views.

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Log Cabin Short-Term Rental Portfolio
Log Cabin Short-Term Rental Portfolio

4130 Tro Way, Gatlinburg, TN 37738

$1,495,000
3.00 AC lot

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

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Gated RV Resort Lot
Gated RV Resort Lot

4229 E Parkway, Gatlinburg, TN 37738

$69,900
0.02 AC lot

A gated RV resort lot with shared amenities and HOA services covering utilities, maintenance, and recreation access.

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New Construction Cabin Retreat
New Construction Cabin Retreat

204-234 Braydens Way, Gatlinburg, TN 37738

$2,391,000

Newly built cabin community with eight 2-bed, 1-bath units and six remaining for group purchase.

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Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 14 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 Furnished Short-Term Rental Cabins
Turnkey Furnished Short-Term Rental Cabins

1828 Beach Front Drive, Sevierville, TN 37876

$1,800,000
6,108 sqft 0.83 AC lot

Three newer-construction, fully furnished cabins built in 2023, offered as a package with existing rental revenue.

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Turnkey Two-Cabin Income Property
Turnkey Two-Cabin Income Property

1805 Shady Grove Rd, Sevierville, TN 37876

$849,500
2,976 sqft 2.77 AC lot

Two turnkey cabins on 2.77 acres, each with multiple sleeping areas, decks, and hot tubs, producing rental income.

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Six-Unit Townhome Apartment Community
Six-Unit Townhome Apartment Community

3729 Plaza Way, Pigeon Forge, TN 37863

$1,800,000
7,648 sqft 5.72 AC lot

Six renovated two-bedroom townhomes with private balconies, in-unit washer/dryer, and fireplace; HOA amenities include clubhouse and indoor pool.

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Recreational Land with Creek Frontage
Recreational Land with Creek Frontage

553 Caney Creek Rd, Pigeon Forge, TN 37863

$275,000
4.85 AC lot

Campsite history on nearly five acres, featuring a septic system for a 4-bedroom home and creek frontage.

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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.

Land with Two Rental Cabins
Land with Two Rental Cabins

820 Old Gate Road, Pigeon Forge, TN 37863

$5,900,000
16.22 AC lot

Zoned R-2 acreage includes utilities and two occupied cabins, supporting multiple residential development options.

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Residential Development Land with Cabins
Residential Development Land with Cabins

820 Old Gate Rd, Pigeon Forge, TN 37863

$5,900,000
16.22 AC lot

Approximately 16.22 acres with onsite electric, water, and sewer, plus two occupied cabins on R-2 zoned land.

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Mountain Ridge Development Land
Mountain Ridge Development Land

5 Shell Mountain Rd, Sevierville, TN 37876

$2,220,000
95.34 AC lot

Ridge-top development tract with preliminary plan for multiple build sites and grandfathered community sewer/drip system approvals.

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Residential Land in Dandridge, TN
Residential Land in Dandridge, TN

COLLIER Loop, Dandridge, TN 37725

Contact for pricing
0.84 AC lot

Building lot with easy access and short drive to Sevierville.

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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

4835 Pkwy Parkway, Gatlinburg, TN 37738

Value Estimation by Request
2.30 AC lot
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445 Dudley Creek Rd
Multifamily properties

445 Dudley Creek Rd, Gatlinburg, TN 37738

Value Estimation by Request
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Gatlinburg, TN Multifamily Properties Market Trends and Statistics

Explore 16 multifamily properties for sale in Gatlinburg, TN, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 59,843 square feet of properties for sale, with an estimated market value of $13,189,800.

Sale prices for multifamily properties in Gatlinburg, TN start at $699,800, averaging $1,465,533, and reaching up to $2,685,000 — 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

Commercial property segments ranked by active listings on the market

Short term rental properties 10
Apartment buildings 4
Mobile home & RV parks 2
Duplexes 1
Quadplexes 1

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 average 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 SF
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sevier County

New Delisted

Total CRE Inventory on Market (SF)

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