Townsend, TN Multifamily Properties for Sale

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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.

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This listing looks promising.

Here's a quick look at some key insights for

7052 E Lamar Alexander Pkwy, Townsend, TN 37882

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Est. Cap Rate

5.9%
NOI ÷ price
Est. NOI

$81K
Annual
Price @ 7% Cap

$1.15M
Suggested
Last Sold

Feb 2022
$955K
Property Type

Commercial (General)
Built 1950

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Updated: Mar 24

Mountain Resort With Furnished Cabins

460 Boat Gunnel Road, Townsend, TN 37882

$2,945,000

13,121 sqft 20.86 AC lot

20.86‑acre resort in Townsend, TN, with approximately 1,500 feet of elevation
8 furnished cabins: 5 traditional cabins and 3 treehouse‑style cabins
13,121 square feet of improvements with hot tubs, arcade games, and fire pits
Private hiking trails and mountain views across the property
2 minutes from Townsend’s bike greenway and river tubing access

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Recreation Land with Fifth-Wheel RV

Highway 73 lot: 94, Townsend, TN 37882

$135,000

0.04 AC lot

Level concrete pad with an equipped fifth-wheel and resort amenities.

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Campground Lot with Fifth Wheel

Highway 73 lot: 63, Townsend, TN 37882

$138,000

0.04 AC lot

Private resort site with a furnished fifth wheel, recreational amenities, and access to a mountain setting.

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Short-Term Rental Property with Cabins

8113 West Old Highway 73, Townsend, TN 37882

$1,000,000

3,688 sqft 0.51 AC lot

Four cabins share outdoor gathering space and offer kitchenettes, climate control, and in-unit guest amenities.

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Gated RV Resort Lot with Travel Trailer

Highway 73 lot: 162, Townsend, TN 37882

$135,000

0.04 AC lot

Lot includes a lightly used Jayco Eagle travel trailer with upgraded systems and access to resort amenities.

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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.

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Furnished Short-Term Rental Cabin

144 Sequoyah Village Rd, Townsend, TN 37882

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Mountain cabin in Laurel Valley with an established nightly-rental history and furnishings included.

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Townsend Multifamily Investment Opportunity

7052 E Lamar Alexander Pkwy, Townsend, TN 37882

Contact for pricing

8,940 sqft

16-unit multifamily property near Great Smoky Mountains National Park.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 9 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.

Duplex with Mountain Views

4228 Wears Valley Road, Sevierville, TN 37862

$599,900

2,156 sqft

C1-zoned duplex with an open interior plan, multiple outdoor decks, and a game room for flexible occupancy.

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Mountain-View Duplex

4228 Wears Valley Road, Sevierville, TN 37862

$629,999

2,156 sqft

C-1-zoned property with furnished living areas, entertainment space, and covered outdoor decks overlooking the valley.

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12-Unit Brick Townhouse Community

102 Asbury Way, Maryville, TN 37804

$2,500,000

12,804 sqft

12 all-brick townhome units with separate meters and front-door parking for each unit.

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New-Build Duplex with Garages

Maryville, TN 37801

$799,900

3,408 sqft

Two attached residences offer matching layouts, private outdoor space, and access to Maryville City schools.

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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.

Commercial Land With Existing Cabins

820 Old Gate Rd, Pigeon Forge, TN 37863

$5,900,000

16.22 AC lot

R-2-zoned tract with utilities in place and two occupied rental cabins.

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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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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.

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Lakefront Residential Development Land

936 Pleasure Road, Sevierville, TN 37876

$599,900

10.54 AC lot

10.54-acre residential parcel with 488 feet of Douglas Lake frontage and prepared infrastructure, including electric and well.

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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

$255,000

Estimated value

2.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

101 Red Plum Ln, Townsend, TN 37882-4535

$255,000

Estimated value

0.75 AC lot

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MOBILE HOME PARK, TRAILER PARK

Maggie Ln, Townsend, TN 37882

$255,000

Estimated value

4.39 AC lot

View details

Townsend, TN Multifamily Properties Market Trends and Statistics

Explore 12 multifamily properties for sale in Townsend, TN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 34,689 square feet of properties for sale, with an estimated market value of $5,803,000.

Sale prices for multifamily properties in Townsend, TN start at $75,000, averaging $829,000, 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.

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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	$688.2K

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

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