Smoky Mountain TN Multi Family Homes For Sale

Multi Family Homes for Sale in Smoky Mountain TN

928 Woody Hills Dr, Clarksville
$224,900
3530767 MLS ⋅ ACTIVE Status
Turn-key, income-producing duplex with both units currently leased and generating consistent cash flow. Each unit is equipped with a stove, refrigerator, and microwave, offering tenant convenience and strong rental appeal. The property was renovated by the seller at the time of purchase, providing updated interiors and minimizing immediate capital expenses! **CAN BE PURCHASED AS A PACKAGE DEAL WITH 924 & 926 WOODY HILLS DR.*CALLING ALL VA or FHA BUYERS!! VACANT UNIT READY FOR IMMEDIATE MOVE-IN. PLEASE DO NOT DISTURB TENANT!

928 Woody Hills Dr, Clarksville
924 Woody Hills Dr, Clarksville
$224,900
3530762 MLS ⋅ ACTIVE Status
Turn-key, income-producing duplex with both units currently leased and generating consistent cash flow. Each unit is equipped with a stove, refrigerator, and microwave, offering tenant convenience and strong rental appeal. The property was renovated by the seller at the time of purchase, providing updated interiors and minimizing immediate capital expenses! **CAN BE PURCHASED AS A PACKAGE DEAL WITH 928 & 930 WOODY HILLS DR.** Please note: property is fully occupied but one unit to remain month-to-month so property qualifies for VA or FHA financing! PLEASE DO NOT DISTURB TENANTS!

924 Woody Hills Dr, Clarksville
1507 Russell St, Nashville
$799,900
3529683 MLS ⋅ ACTIVE Status
Great location in Lockeland Springs near Five Points! Remarkable versatility for homeowners, developers, and investors alike. Live in one side and rent out the other (Potential for Fannie Mae loan: allows a minimum 5% down payment for owner-occupied 2–4 unit duplexes, a change designed to assist first-time homebuyers and house-hackers. This policy applies to standard conventional loans, offering a significant reduction from the previous 15–25% requirement, provided the buyer lives in one unit. Requirements - Occupancy: The duplex must be owner-occupied (you live in one unit). Down Payment: Minimum 5% down payment required. Buyer to verify Fannie requirements.) or convert into single family home. Selling as-is. Disclosures in media section.

1507 Russell St, Nashville
919 Martin St, Clarksville
$1,480,000
3529563 MLS ⋅ ACTIVE Status
Brand new 8 unit building in the heart of Clarksville. Each unit offers 2 bedrooms each with a full bathroom, 1 half bathroom, stainless steel appliances and granite countertops. Conveniently located near Austin Peay State University, downtown restaurants, shopping, and entertainment.

919 Martin St, Clarksville
2105 Kirby Ave, Chattanooga
$275,000
3529033 MLS ⋅ ACTIVE Status
*BANK OWNED INVESTMENT OPPORTUNITY WITH TWO LOTS AND A QUADPLEX SETUP!* Located at 2105 & 2107 Kirby Ave, this unique RN-3 zoned property offers a great opportunity for an investor, developer, or experienced renovator ready to roll up their sleeves and unlock its potential. Originally a single family home, the property was converted and expanded into a quadplex style setup with four separate living spaces, including a rear ADU. The sale includes two lots, giving the next owner even more potential to work with. A substantial amount of renovation work has already been completed throughout the property, including roofing, flooring, drywall, and more. However, the previous owner completed the conversion, additions, and other work without obtaining the required permits. After discussions with the City of Chattanooga, additional work will be required to bring the property into compliance and restore utilities. The City has indicated that a portion of the addition to the main structure will need to be removed. The future status of the rear ADU will depend on the permitting and approval process. This is not a turnkey investment. The next owner will need to put in some work and navigate the permitting process, but with two lots, RN-3 zoning, an existing quadplex style configuration, and substantial improvements already completed, there is plenty of potential here for the right buyer. Property is bank owned and being sold as is. Buyer to independently verify zoning, permitted uses, number of units, square footage, condition, permitting requirements, utility requirements, and all other information deemed important to Buyer. Property includes both 2105 & 2107 Kirby Ave.

2105 Kirby Ave, Chattanooga
1723 Thistlewood Dr, Clarksville
$740,000
3528169 MLS ⋅ ACTIVE Status
Seize a premier investment opportunity in the heart of Clarksville with this meticulously maintained 4 unit townhouse complex. Built in 2011 and located on a prominent corner lot within the established Thistlewood subdivision, 1723 Thistlewood Dr offers a robust addition to any portfolio, boasting a reported NOI of $46,000 and a design centered on long term tenant appeal. Two HVAC units have recently been replaced with new HVAC systems. The interiors are designed for durability and comfort, featuring a practical mix of luxury vinyl, carpet and tile flooring. Every unit comes fully equipped with a comprehensive appliance package including a refrigerator, oven/range, microwave, and dishwasher along with the added convenience of an in unit washer and dryer. This 4,832 square foot multi family property consists of four townhome style units with 3 beds 2 baths offering Residents the benefit from a individual, private, attached one car garage, a highly sought-after feature that sets this property apart. The location is a major driver for consistent occupancy. Situated with easy access to major commuter routes with Interstate 24 nearby, the property is positioned near major employment hubs and local staples, including Fort Campbell and Austin Peay State University. A wealth of shopping and dining options are just minutes away, ensuring the area remains a top choice for those seeking a well connected lifestyle. With ample parking on site and a turn key infrastructure, this property is primed for the investor looking for stability and performance in one of Tennessee’s most dynamic markets.

1723 Thistlewood Dr, Clarksville
2440 Fairbrook Dr, Nashville
$430,000
3528187 MLS ⋅ ACTIVE UNDER CONTRACT Status
DUPLEX WITH GREAT INVESTMENT OPPORTUNITY IN NASHVILLE! BRAND NEW ROOF! This duplex offers two bedrooms and 1.5 baths on each side, making it an excellent addition to a rental portfolio or an opportunity to live in one unit while renting the other. Both units feature new LVP flooring, updated light fixtures throughout, inviting living rooms with fireplaces, and charming eat-in kitchens with all appliances included. Outside, each unit has access to a huge backyard with plenty of green space to enjoy. Ideally located just 10 minutes from BNA Airport and less than 20 minutes from Downtown Nashville. This one is a must see!

2440 Fairbrook Dr, Nashville
4207 Nevada Ave, Nashville
$764,900
3527280 MLS ⋅ ACTIVE UNDER CONTRACT Status
Sylvan Park single-family home with a 2004 1 bed/1 bath addition. This is separated from the rest of the house by a shared laundry room. Front and back units have locking doors to laundry room and separate exterior entrances. Owner has successfully hosted roommates and travel nurses over the years. 3 bed/2 bath section in front adjoins 1 bed/1 bath suite in back. 2 kitchens, 2 living rooms, 2 decks, 2 driveways, plus a stand alone screened porch brings it all together. Renovated kitchens and baths, updated lighting, and hardwood floors make this a joy to both live in and share. Flat lot with alley access and prime location offer potential for further renovations and additions. Zoned for Sylvan Park Elementary School. See why Sylvan Park is such a treasure: check out the proximity to McCabe Park and the Richland Creek Greenway, retail on Murphy and Charlotte, and nearby medical centers. Quick drive to BNA and downtown. All appliances, including washers and dryers, remain. Fabulous landscaping thoughtfully designed to be low maintenance. Multiple outdoor spaces for entertaining and enjoying the yard year round. HVAC replaced 2022.

4207 Nevada Ave, Nashville
564 Tulip Grove Rd, Hermitage
$449,000
3527126 MLS ⋅ ACTIVE Status
PRICE IMPROVEMENT!!!!!! Welcome to 564 & 566 Tulip Grove Road in Hermitage. Great opportunity to own an income producing duplex in the desirable Hermitage area. This property offers the flexibility of owning a multi-unit property while benefiting from a convenient location with easy access to Nashville, I-40, major roadways, shopping, dining, entertainment and everyday amenities. Each unit offers its own living space. Kitchen with laundry area, den, two bedrooms and one full bathroom. Located in the growing Hermitage are, this property offers the potential for multiple income streams while maintaining the convenience and appeal of a residential property. The location makes this an attractive option for renters and investors alike. New Carpet in unit 564, updated appliances in both units. New outside lights on both units. NO HOA FEES. Pre Approval letter will be requested before showing.

564 Tulip Grove Rd, Hermitage
4145 Dodson Chapel Rd, Hermitage
$449,000
3527117 MLS ⋅ ACTIVE Status
PRICE IMPROVEMENT. LARGE CORNER LOT. PROPERTY IS LOCATED ON MAGNUM DRIVE. Say Hello to 3501 & 3503 Magnum Drive, Hermitage. Discover the possibilities of this duplex. This duplex offers and excellent opportunity for investors, first-time home buyers, or anyone looking for additional income. With two separate units each offering a den, two bedrooms, one full bathroom with laundry. This property offers flexibility for generating income while building long-term real estate value. Each unit has long term renters, unit 3501 has been there 18 years, unit 3503 has been there 10 years. Conveniently located in Hermitage, this property puts residents with in easy commute to downtown Nashville and surrounding areas. Enjoy easy access to shopping, restaurants parks and Summit Hospital and I-40. Property has new asphalt driveways on both sides. New roof (2 years old) and gutters Upgraded thermal pane windows (10 years ) new HVAC (3 years old). NO HOA

4145 Dodson Chapel Rd, Hermitage
101 Blythe Ferry Rd Ne, Cleveland
$2,250,000
3526541 MLS ⋅ ACTIVE Status
15-Unit Multi-Family Investment Portfolio — Cleveland, TN. 101 & 103 Blythe Ferry Rd NE | 3805 & 3809 Charleston Drive NE, Cleveland, TN. Rare Turnkey Multi-Family Opportunity — 15 Units Across Two Adjacent Lots. A standout investment opportunity for the serious multi-family buyer: four established residential buildings totaling 15 units, situated on two adjoining parcels in Cleveland, TN, with additional room on the lot to build if the buyer wishes to expand the portfolio further. Why This Portfolio Stands Out • Scale in one transaction — four buildings, 15 units, acquired together for immediate portfolio growth • Adjacent lots — Blythe Ferry Rd and Charleston Drive properties sit side by side, simplifying management, maintenance, and oversight • Uniform unit mix — every unit offers 2 bedrooms and 1.5 baths, streamlining marketing, leasing, and maintenance • Room to grow — 3815 Charleston Drive NE additional buildable space on the lot offers future upside for an investor looking to add units or amenities • Professionally managed — currently under management by Gilbert Property Management, offering a smooth transition for a new owner Prime Location Ideally situated at the convergence of Blythe Ferry Road, Ocoee Street, and Charleston Drive in Cleveland, TN, this portfolio offers residents and investors alike a highly convenient location. The area provides easy access to shopping, dining, and medical offices, along with quick connectivity to Interstate 75 — a major draw for tenants and a strong indicator of long-term rental demand. Investment Highlights Whether you're expanding an existing rental portfolio or entering multi-family investment at scale, this package offers immediate cash-flowing units, a desirable and consistent floor plan across all properties, and expansion potential rarely available in a single listing. Contact us today for more information and to schedule a tour of this exceptional multi-family investment opportunity.

101 Blythe Ferry Rd Ne, Cleveland
1208 Argle Ave, Madison
$379,900
3524682 MLS ⋅ ACTIVE Status
Priced to sell & Hard-to-find duplex offering flexibility, updates, and investment potential in a great location! With excellent curb appeal and a well-built, well-cared-for property, this home can function as a duplex or single-family residence. Major recent improvements include a new roof, fascia and soffit, gutters, and windows. Situated on a spacious 1/3-acre lot with mature trees, the property also features a huge front porch, large rooftop deck, and plenty of room to create additional outdoor living or entertaining spaces. The current layout offers a 3-bedroom, 1-bath unit downstairs and a 2-bedroom, 1-bath unit upstairs, making it an excellent option for house hacking, multi-generational living, or a traditional rental investment. The upstairs unit features its own separate entrance and electric meter, providing added privacy and flexibility. Inside, you'll find durable LVP and tile flooring along with newer stainless steel appliances. Whether you're looking for an income-producing property, a live-in investment, or a unique single-family home with plenty of space, 1208 Argle Ave offers a combination of versatility and potential that's increasingly hard to find.

1208 Argle Ave, Madison
1012 Hickory Hill Ln, Hermitage
$800,000
3524676 MLS ⋅ ACTIVE Status
Two separate duplexes - totaling four individual units - each unit is a 2 BR / 1.5 BA / Washer & Dryer hookups. each unit is 1,050 sq/ft (+/-). Each unit is individually metered for water, power, internet. -- This building has two separately deeded duplexes (two on the left - two on the right - for a total of 4 dwelling units - all for sale at this price) --- OR SELLER IS WILLING TO ENTERTAIN SELLING ONE OF THE DUPLEXES INDIVIDUALLY.

1012 Hickory Hill Ln, Hermitage
2556 Oak Hill Dr, Murfreesboro
$475,000
3523658 MLS ⋅ ACTIVE Status
Excellent investment or owner-occupant opportunity in the established Oak Hill Subdivision near Oakland High School! This spacious duplex sits on a large 1-acre lot and features two 2-bedroom, 1.5-bath units with approximately 1,260 sq ft per side. The vacant unit has been completely refreshed throughout with new interior paint, new vinyl flooring, and new carpet and is ready for immediate occupancy. The adjoining unit is currently rented and already generating income. Purchase as a traditional investment property or live in the updated vacant side while collecting rent from the neighboring unit to help offset your monthly mortgage payment. A great opportunity to own an income-producing property while enjoying the flexibility of immediate occupancy on one side! 2556 is occupied...2558 is available to be shown. Contact the listing agent or your favorite trusted real estate eadvisor today!

2556 Oak Hill Dr, Murfreesboro
6951 Robinson Dr, Chattanooga
$565,000
3514090 MLS ⋅ ACTIVE Status
3-year-old duplex in like-new condition!! Location, Location, Location! This is an outstanding investment opportunity for any buyer looking to own a low-maintenance move-in-ready rental property! Each side is 2 bedrooms, 2 bathrooms, with full kitchen, living room, and laundry hookups. AND it comes with ALL appliances already in the units. Currently, one unit is rented for $1,900 per month. The other unit is available for the new owner to occupy, or it can also be rented out for $1,900 per month. In addition, a fence has been installed, and separate storage buildings have been added in the backyard for each tenant's use. There is **no ''For Sale'' sign in the yard**. Owner/Agent

6951 Robinson Dr, Chattanooga
179a Little Green St, Nashville
$1,000,000
3520280 MLS ⋅ ACTIVE Status
3 MUN-A parcels for $1M. Exceptional development opportunity for a 9-unit townhome development, multifamily, or mixed-use project in one of Nashville's fastest-growing corridors. 0.49 acres - 3 parcels offered with 181 and 183 Little Green St., this assemblage features stunning downtown Nashville skyline views and flexible mixed-use zoning that allows for a low-intensity blend of residential, retail, and office uses. Located in a non-owner-occupied, short-term rental-eligible area, the deep lot also offers rear access from Meredith Ave. Enjoy outstanding connectivity with immediate access to I-24 and I-40, less than 1/2 mile away, and to downtown Nashville, approximately 1.5 miles away. An exceptional urban infill opportunity in a rapidly appreciating location. Check out NEO around the corner for inspo! See docs, capacity letter attached. At 9 townhomes, this will not require a full grading permit and will qualify for the residential infill permit per Metro codes.

179a Little Green St, Nashville
2240 Valley View Rd, Joelton
$600,000
3518918 MLS ⋅ ACTIVE UNDER CONTRACT Status
Three (3) HOMES plus a DUPLEX, sitting on 13+/- acres. Yearly rental income does not include the largest home (106 Allen Rd), currently owner occupied. Addresses include 2240 Valley View Road. 106, 107, and 111 Allen Road. 111 Allen Road is a duplex. Years built run from 1954 to 1984. All properties need TLC, but offer a lot of potential, plus 13+/- acres! All properties have their own septic system and water meter. Part of Map 051 Parcel 061.00

2240 Valley View Rd, Joelton
617 N 20th Ave, Humboldt
$99,000
3518835 MLS ⋅ ACTIVE Status
Fully occupied duplex ready for it's next owner. Each side is a 1bd/1ba roughly 700sf. Gross rent was just shy of $14,500 for the past 12 months. Makes for a great portfolio add for long term rental investors! Please schedule showings, as there is tenants living in each unit.

617 N 20th Ave, Humboldt
215 Ensley Ave, Old Hickory
$369,900
3516468 MLS ⋅ ACTIVE Status
Great Duplex in convenient location. 2 BR/1 BA units both with Central Heat & Air. Newer build for area. Roof 6 yrs old. Front unit completely remodeled with new vanity & top, 3 new windows, new kitchen counters & sink, new LVT flooring, new carpet in bedrooms, new doors, fresh paint. Rear unit has laminate floor, newer vanity & top, kitchen counters replaced, 3 new windows.

215 Ensley Ave, Old Hickory
5020 Kincannon Dr, Nashville
$595,000
3516428 MLS ⋅ ACTIVE Status
New Price! Excellent opportunity to own a duplex in the desirable Crieve Hall area! This property features two separate units, each offering two bedrooms, one full bathroom, a kitchen, living area, and private living space. The flexible configuration is ideal for an owner-occupant looking to live in one unit while renting the other, an investor seeking two rental-income streams, or a buyer needing separate accommodations for extended family. Situated on approximately half an acre, the property also offers original hardwood flooring, ample parking, and no HOA. Conveniently located near shopping, restaurants, schools, and major roadways, with easy access to downtown Nashville and surrounding areas. Whether you are expanding your rental portfolio or looking for a property that combines housing and income potential, 5020 Kincannon Drive offers a rare opportunity in an established Nashville neighborhood. Schedule your showing today!

5020 Kincannon Dr, Nashville
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Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

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