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    Townsend, TN Multifamily Properties for Sale

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    Walland, TN Sevierville, TN Maryville, TN
    Smoky Mountain Resort Opportunity
    $2,945,000
    13,121 SF

    Smoky Mountain Resort Opportunity

    460 Boat Gunnel Road, Townsend, TN 37882

    20.86-acre resort with eight cabins and expansion potential.

    • High‑performing short‑term rental portfolio with a proven track record of increasing revenue: $270,000 (2022), $287,000 (2023), $363,000 (2024), and $317,000 (2025).
    • Located on 20.86 acres in Townsend, TN, the ''Peaceful Side of the Smokies'', offering panoramic mountain views, privacy, and tranquility.
    • Features 8 fully furnished, turnkey cabins (5 traditional, 3 treehouse style) with amenities like hot tubs, arcade games, and fire pits.
    • Prime location: 2 minutes from Townsend's bike greenway and river tubing, and a short drive to Cades Cove, Gatlinburg, Pigeon Forge, and Sevierville.
    • Significant upside potential with a planned 9th unit (''360 Lodge'') and conversion potential for an existing pavilion and barn.
    Updated: Mar 24
    View details
    Townsend Multifamily Investment Opportunity
    $1,375,000
    8,940 SF

    Townsend Multifamily Investment Opportunity

    7052 E Lamar Alexander Pkwy, Townsend, TN 37882

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

    • 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.
    Updated: Nov 21, 2025
    View details
    Townsend Sixteen-Unit Multifamily Investment
    $1,375,000

    Townsend Sixteen-Unit Multifamily Investment

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

    7052 E Lamar Alexander Pkwy, Townsend, TN 37882
    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 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.

    Maryville Townhouse Units For Sale
    $2,500,000
    12,804 SF

    Maryville Townhouse Units For Sale

    Twelve townhouse units in booming Maryville, Tennessee.

    102 Asbury Way, Maryville, TN 37804
    View details
    Seymour Duplex Investment Opportunity
    $360,000
    1,860 SF

    Seymour Duplex Investment Opportunity

    Duplex in Seymour, TN, ideal for investment or owner-occupancy.

    113 Gray Squirrel Lane, Seymour, TN 37865
    View details
    Seymour TN Duplex Investment
    $695,000

    Seymour TN Duplex Investment

    Well-maintained duplex in Seymour, TN, generating over $5000/month.

    1008 Keener Rd, Seymour, TN 37865
    View details
    New Duplex in Maryville, TN
    $799,900
    3,408 SF

    New Duplex in Maryville, TN

    New construction duplex with private backyards, near Maryville schools.

    Maryville, TN 37801
    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.

    Smoky Mountain Retreat Lot
    $169,900
    0.04 Acres

    Smoky Mountain Retreat Lot

    Resort-style living near Great Smoky Mountains National Park.

    Highway 73 lot: 68, Townsend, TN 37882
    View details
    Maryville Land with Lake Views
    $144,900
    4.47 Acres

    Maryville Land with Lake Views

    4.47 acre tract near lake, ready for construction.

    2732 Highway 72- 4.47 Acres, Maryville, TN 37801
    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
    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

    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.

    122 Clark Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.00 Acres
    Value Estimation by Request

    122 Clark Dr, Townsend, TN 37882-3322

    View details
    101 Red Plum Ln
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.75 Acres
    Value Estimation by Request

    101 Red Plum Ln, Townsend, TN 37882-4535

    View details
    Maggie Ln
    MOBILE HOME PARK, TRAILER PARK
    Lot: 4.39 Acres
    Value Estimation by Request

    Maggie Ln, Townsend, TN 37882

    View details

    Townsend, TN Multifamily Properties Investment Opportunities Market Analysis

    Explore 6 multifamily properties for sale in Townsend, TN, showcased through 3 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.

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    Top Commercial Asset Segments

    Apartment buildings 2
    Short term rental properties 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    37882 $1.9M

    Taxes & Financing

    Tax Rate (average for all types) 2.06%
    Property Tax per SF $51.16 per sq ft
    Tax Rate vs County Average 0.52 pp below county avg
    Average Loan-to-Value 65.0%

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