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
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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
- Morristown 60 min
- UT Medical Center 60 min
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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.