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Active 202 days on market

120 County Garage Rd

Sevierville, TN 37876 · Sevier County

$999,000

$151,000 price cut · Aug 20

Sq ft
3,000
Built
2026

Listing courtesy of eXp Realty, LLC · MLS #1336075

Description

Prime Investment Opportunity! Don't miss this rare chance to own a brand-new 5-plex in the heart of Sevierville. Situated on 1.43 acres and zoned commercial, this property offers incredible flexibility and long-term upside. Currently under construction, each of the five units will feature 2 bedrooms and 1 bath, thoughtfully designed for efficiency, comfort, and strong rental appeal. Whether you're looking to generate steady, reliable income through long-term housing or capitalize on the high-demand short-term rental market, this property is perfectly positioned to do both. All units are being sold together at a great price, making this an ideal opportunity for investors looking to expand or start their portfolio. Investment Highlights: Commercial zoning allows for multiple investment strategies, new construction means lower maintenance and modern appeal, strong rental demand in a rapidly growing area, and flexible use allows you to adapt with market trends. With the ability to diversify your rental strategy under one roof, this property offers stability, scalability, and upside potential in one compelling package.

Estimated Completion date is August 31, 2026

**All renderings, floor plans, and visual representations are for illustrative purposes only and are intended to provide a general concept of the completed property. Actual construction, materials, and design details may vary.

Details

Home

Type
Residential Income
Year built
2026
Living area
3,000 sq ft
Parking
On Premise Parking

Interior

Rooms
Bedroom Main Level
Flooring
Luxury Vinyl Plank
Appliances
Refrigerator, Range, Microwave, Self Cleaning Oven
Features
Kitchen Island
Also
Kitchen Island, Walk-in Shower, Washer/Dryer Connect, Internet Available

Exterior

Construction
Block, Vinyl Siding

Land

Deed restrictions
None

Utilities

Heating
Central, Electric, Natural Gas

Listing

MLS #
1336075
Status
Active
On market
202 days
Listed
Apr 9, 2026
Finances
Property tax
County only
Outside city limits
HOA
None
No association dues
Price per sq ft
$333
3,000 sq ft

Price history

Aug 20, 2026
Price cut
$999,000 −$151,000
Before
Listed
$1,150,000

Accepted

  • Cash
  • Conventional
  • 1031 Exchange
  • New Loan

Instant pre-approval

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Location
County
Sevier
ZIP
37876

Drive times

  • Sevierville 15 min
  • Pigeon Forge 20 min
  • Douglas Lake 45 min
  • downtown Knoxville 60 min
  • Maryville 60 min
  • McGhee Tyson Airport 60 min
Approximate, by road

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Listing courtesy of eXp Realty, LLC. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1336075.