Townsend, TN Multifamily Properties for Sale

List

Map

Walland, TN Sevierville, TN Seymour, TN Maryville, TN Tallassee, TN Gatlinburg, TN Rockford, TN Lafayette, TN

7 properties

Sort:

Updated: Nov 21, 2025

Townsend Multifamily Investment Opportunity

7052 E Lamar Alexander Pkwy, Townsend, TN 37882

$1,375,000

8,940 sqft

Located just 8 minutes from the Great Smoky Mountains National Park entrance.
Turn‑key property with recent renovations including new kitchenettes, fixtures, and furniture.
Significant Capex improvements have been made.
Potential to operate as a motel in a market with limited competition.
Centrally located in Townsend, TN, near Pigeon Forge and Gatlinburg.

View details

This listing looks promising.

Here's a quick look at some key insights for

7052 E Lamar Alexander Pkwy, Townsend, TN 37882

View Property Analytics

Est. Cap Rate

5.9%
NOI ÷ price
Est. NOI

$81K
Annual
Mortgage

$1.12M
Feb 2022
Last Sold

Feb 2022
$955K
Property Type

Commercial (General)
Built 1950

View Property Analytics

Updated: Mar 24

Short-Term Rental Resort With Cabins

460 Boat Gunnel Road, Townsend, TN 37882

$2,945,000

13,121 sqft 20.86 AC lot

20.86‑acre resort in Townsend at approx. 1,500 ft elevation with sweeping panoramic mountain views
8 fully furnished STR cabins: 5 traditional cabins and 3 treehouse‑style cabins
Cabins include hot tubs, arcade games, and fire pits; guest access includes private hiking trails throughout the property
Income history reported: $270,000 (2022), $287,000 (2023), $363,000 (2024), and $317,000 (2025)
Utilities: well water and septic tank sewer for the property

View details

Improved RV Lot in Gated Resort

Highway 73 lot: 166, Townsend, TN 37882

$110,000

0.04 AC lot

A prepared RV lot with a newer retaining wall in a gated community near the Great Smoky Mountains National Park.

View details

Improved RV Lot with Fifth Wheel

1020 Kildee St, Townsend, TN 37882

$155,000

0.01 AC lot

An improved lot in a resort setting, featuring a deck, parking pad, and an included 2019 fifth wheel trailer.

View details

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Turnkey RV Resort Lot

Lot 39 Highway 73, Townsend, TN 37882

$115,000

0.04 AC lot

Turnkey, gated resort lot with a paved pad and included 2018 travel trailer, supported by recent utility and solar updates.

View details

RV Resort Lot with Fifth Wheel

Lot 51 Highway 73, Townsend, TN 37882

$115,000

0.04 AC lot

Turnkey RV resort lot in Sundown Resort with a maintained 2008 Jayco fifth wheel and resort amenities.

View details

RV Resort Lot with Hookups

Highway 73, Townsend, TN 37882

$75,000

0.05 AC lot

RV-ready resort lot with planned hookups and access to shared bathhouse facilities.

View details

Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 7 Active listings in Townsend, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Remodeled Farmhouse with Equestrian Barn

1640 Munsey Hatcher Road, Seymour, TN 37865

$1,100,000

2,998 sqft 10.20 AC lot

Remodeled farmhouse on fenced pasture with a century-old timber-frame barn featuring horse stalls and an onsite apartment.

View details

Duplex with Storage Sheds

215 + 217 Carr Road, Seymour, TN 37865

$420,000

1,800 sqft 0.52 AC lot

Well-maintained duplex on a 0.52-acre lot with two 2-bedroom units, washer/dryer connections, and storage sheds.

View details

Maryville Townhouse Units For Sale

102 Asbury Way, Maryville, TN 37804

$2,500,000

12,804 sqft 2.00 AC lot

Twelve townhouse units in booming Maryville, Tennessee.

View details

New Duplex in Maryville, TN

Maryville, TN 37801

$799,900

3,408 sqft

New construction duplex with private backyards, near Maryville schools.

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.

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.

View details

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.

View details

96.8 Acres in Louisville, TN

102 Beulah Drive, Louisville, TN 37777

$2,800,000

96.84 AC lot

96.8 acres suitable for mobile homes or future development.

View details

Lakefront Land Opportunity on Douglas Lake

936 Pleasure Road, Sevierville, TN 37876

$599,900

10.54 AC lot

10.54 acres with 488 feet of Douglas Lake frontage.

View details

Off-Market Properties in Townsend, TN

Consider similar Off-Market properties in Townsend, 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.

MOBILE HOME PARK, TRAILER PARK

122 Clark Dr, Townsend, TN 37882-3322

Value Estimation by Request

2.00 AC lot

View details

MOBILE HOME PARK, TRAILER PARK

101 Red Plum Ln, Townsend, TN 37882-4535

Value Estimation by Request

0.75 AC lot

View details

MOBILE HOME PARK, TRAILER PARK

Maggie Ln, Townsend, TN 37882

Value Estimation by Request

4.39 AC lot

View details

Townsend, TN Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Townsend, TN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 22,061 square feet of properties for sale, with an estimated market value of $4,320,000.

Sale prices for multifamily properties in Townsend, TN start at $1,375,000, averaging $2,160,000, and reaching up to $2,945,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 2,800

Population Growth (5Y) +4.1%

Median Household Income $61,875

College Educated 48.8%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
37882	$803.6K

Taxes & Financing

Tax Rate (average for all types) 2.06%

Property Tax per SF $51.16 per SF

Tax Rate vs County Average 0.52 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Blount County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Blount County

Residential Income

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings