Multifamily

Parrottsville, TN Multifamily Properties for Sale

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Renovated Duplex on Acreage
Updated: Oct 21
Renovated Duplex on Acreage

420 Cottage Way, Parrottsville, TN 37843

$319,900
2,016 sqft 3.00 AC lot
Side‑by‑side duplex with 2,016 square feet total
Two 1,008‑square‑foot residences, each with 2 bedrooms and 1 bathroom
3 acres with open ground and wooded land
Built in 2002; renovated in 2023
Each residence has a separate heat pump, washer and dryer hookups, and a covered front porch
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1 active listing matches your search: Multifamily for sale in Parrottsville, TN. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Riverfront Two-Cabin Short-Term Rental
Riverfront Two-Cabin Short-Term Rental

27412743 Cosby Hwy, Cosby, TN 37722

$450,000
2 units  2,040 sqft  2 buildings  Built 2002

Two separate cabins offer flexible lodging configurations beside Cosby Creek, with access to monthly or nightly rental use.

2 x 2BR/2BA  Gas fireplace
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Riverfront Short-Term Rental Cabins
Riverfront Short-Term Rental Cabins

27452747 Cosby Hwy, Cosby, TN 37722

$450,000
2 units  2,340 sqft  2 buildings  Built 1999

Two separate cabins offer flexibility for nightly or monthly rental use along Cosby Creek.

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Residential Income
Residential Income

3473 Windsor Rd, Morristown, TN 37813

$449,900
2,894 sqft

Duplexes · 2,894 SF

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Mobile Home Park With 11 Lots
Mobile Home Park With 11 Lots

1418 Mae Collins Road, Morristown, TN 37813

$495,000
7 units  1.7 acres
$34,800 gross income  $725/mo avg rent

A-1-zoned property with mobile homes, vacant pads, and electric and septic hookups.

Utilities to site
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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.

Riverfront Agricultural Land
Riverfront Agricultural Land

565 Highway 160, Newport, TN 37821

$699,000
12.19 acres

Cleared, rolling land with river frontage, A-1 zoning, public water, and septic service.

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Cleared Riverside Agricultural Land
Cleared Riverside Agricultural Land

565 Highway 160, Newport, TN 37821

$699,000
12.19 acres  A-1
Highway access  Road access

Cleared acreage with over 540 feet of French Broad River frontage in A-1 agricultural-forestry zoning.

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Riverfront Agricultural Land
Riverfront Agricultural Land

565 Highway 160, Newport, TN 37821

$699,000
12.19 acres

Cleared, rolling acreage with agricultural-forestry zoning and French Broad River frontage.

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Unrestricted Recreation Land with Utilities
Unrestricted Recreation Land with Utilities

1020 Rhodes Rd, Bybee, TN 37713

$145,000
5.39 acres
Highway access

Unrestricted 5.39-acre parcel with well, septic, power, storage building, and flat areas for flexible recreational use.

Utilities to site
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Parrottsville, TN Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Parrottsville, TN on our real estate platform. These investment opportunities span a total of 2,016 square feet of properties for sale, with an estimated market value of $319,900.

Sale prices for multifamily properties in Parrottsville, TN average $319,900 — 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

Duplexes 1

Demographics Overview

Population 4,385
Population Growth (5Y) +15.2%
Median Household Income $66,071
College Educated 17.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
37843 $319.9K

Taxes & Financing

Tax Rate (average for all types) 2.56%
Property Tax per SF $48.00 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cocke County

New Delisted

Total CRE Inventory on Market (SF)

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