$4,100,000

Estimated payment $22,655/month

Total Views 466
21 Beds
14 Baths
1,550 Sq Ft
$2,645 Price per Sq Ft

Highlights

  • Pool and Spa
  • Wooded Lot
  • No HOA
  • View of Trees or Woods
  • Furnished
  • Patio

About This Home

Seven doors. One closing. One area in Gatlinburg. And no HOA. Most investors spend a decade assembling what this portfolio hands you on day one. These properties include: 516 Proffitt Rd Townhomes 1 & 2, 520 Proffitt Rd Townhome 1, 537 Johnson Ln Townhomes 1 & 2, and 541 Johnson Ln Townhomes 1 & 2. Seven short term rental townhomes standing side by side in the Great Smoky Arts & Crafts Community, six miles from the most visited national park in America. Every unit renovated top to bottom in 2026. Every unit is fully furnished. Instead of relying on a single property to produce revenue, this portfolio gives you multiple income-producing units working at the same time. If one unit experiences a vacancy, the others can continue generating cash flow, helping create a more resilient and consistent revenue stream. Every unit is the same: 3 bedrooms, 2 baths, bonus room, roughly 1,500 sq ft, private hot tub, three private balconies opening into the trees with seasonal mountain views. Sleeps 8. This is not a projection on paper. These units are already live, already renting, already earning 5-star reviews, with projected gross revenue of $62,800 per unit and roughly $440,000 across the portfolio. Seven identical doors in one area means one cleaning crew, one maintenance vendor, one pricing strategy, one playbook. Scale without the chaos of scaling. The Smoky Mountain corridor at its highest demand. Walk into cash flow, not a project.

Listing Agent

Chris Ball

Keller Williams Realty - Knox Premier Prop License #346677 Listed on: 08/03/2026

Keller Williams Realty - Knox Premier Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 2007

Lot Details

  • 436 Sq Ft Lot
  • 1 Common Wall
  • Wooded Lot

Property Views

  • Woods
  • Mountain
  • Seasonal

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Living Quarters
  • Furnished
  • Furniture Available With House
  • Ceiling Fan
  • Insulated Windows
  • Luxury Vinyl Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 14 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer

Parking

  • Parking Accessed On Kitchen Level
  • Paved Parking
  • On-Site Parking
  • Parking Lot
  • Outside Parking
  • Off-Street Parking

Outdoor Features

  • Pool and Spa
  • Patio

Schools

  • Pittman Center Elementary School
  • Gatlinburg-Pittman Junior High
  • Gatlinburgpittman High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 7 Units

Listing and Financial Details

  • Tax Lot B-1
  • Assessor Parcel Number 117E H 00500 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$924

Year Built

Built in 2007

Lot Details

436 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 2007
  • Zoning: R-2
  • Current Use: Investment
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: In Unit, Laundry Closet
  • ResoLotFeatures: Views, Wooded
  • ResoPoolFeatures: Hot Tub
  • Reso View: Mountain(s), Seasonal, Trees/Woods
  • Subdivision Name: None
  • Fireplace: No
  • Reso Flooring: Luxury Vinyl
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoWindowFeatures: Insulated Windows
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 117E H 00500 000
  • Location Tax and Legal Tax Lot2: B-1
  • Location Tax and Legal:Tax Annual Amount: 924.24
  • Location Tax and Legal Tax Year2: 2025
  • General Property Information Lot Size Acres: 0.01
  • General Property Information Bonus Room YN2: No
  • General Property Information View YN2: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Land Features View Mountains: Yes
  • View Seasonal: Yes
  • Water Source:Public: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Pool Features Hot Tub: Yes
  • General Property Information:Stories Total: 2
  • General Property Information Fireplace YN: No
  • General Property Information Property Attached YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Location Tax and Legal Elementary School: Pittman Center Elementary
  • Location Tax and Legal Middle Or Junior School2: Gatlinburg-Pittman Junior High
  • Location Tax and Legal High School: GatlinburgPittman High
  • Interior Features Additional Living Quarters: Yes
  • View TreesWoods: Yes
  • Utilities Sewer Connected: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Information Number Of Units Total2: 7.0
  • Unit Details Furnished3: Yes
  • Unit Details Furniture: Yes
  • 3 Bedroom Unit Details Dishwasher4: Yes
  • 3 Bedroom Unit Details Microwave4: Yes
  • 3 Bedroom Unit Details PatioPorch3: Yes
  • 3 Bedroom Unit Details Range3: Yes
  • 3 Bedroom Unit Details WasherDryer3: Yes
  • General Property Information Units Furnished: All Units
  • Common Walls 1 Common Wall: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Additional Living Quarters, Ceiling Fan(s)
  • Street Number Modifier: 516 & 537
  • Full Bathrooms: 14
  • Total Bedrooms: 21
  • Stories: 2
  • Interior Features:Ceiling Fans: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Acres: 0.01
  • View: Yes
  • Common Walls: 1 Common Wall
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Views: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Kitchen Level, Off Street, On Site, Outside, Parking Lot, Paved
  • General Property Information:Garage YN: No
  • Parking Features:Paved2: Yes
  • Parking Features:On Site: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Outside2: Yes
  • Parking Features:Kitchen Level: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: GatlinburgPittman High
  • Middle Or Junior School: Gatlinburg-Pittman Junior High

Lot Info

  • Lot Size Sq Ft: 435.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 117E H 00500 000

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 924.24
  • Tax Lot: B-1

Multi Family

  • Number Of Units Total: 7
  • Number Of Units Furnished: All Units

MLS Schools

  • Elementary School: Pittman Center Elementary
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/03/2026 08/03/26 For Sale $4,100,000 -- $2,645 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 313083

Great Smoky Mountains Association of REALTORS®
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