Smoky Mountain TN Multi Family Homes For Sale

Multi Family Homes for Sale in Smoky Mountain TN

419 Cook Dr, Clarksville
$539,900
3516345 MLS ⋅ ACTIVE Status
NEW CONSTRUCTION DUPLEX NEAR, FORT CAMPBELL, DOWNTOWN CLARKSVILLE & APSU! Discover modern comfort and smart design in this brand-new duplex, perfectly situated near Downtown Clarksville, F&M Bank Arena, Austin Peay State University, and Fort Campbell! KEY FEATURES: Main Floor: Open-concept living space with stylish LVP flooring, spacious kitchen, eat-in area, and half bath. Bedrooms: Private primary suite with full bath & walk-in closet, plus 2 spacious guest bedrooms upstairs. Convenience: Dedicated upper-level laundry space and full secondary hall bath. Outdoor Space: Private back deck overlooking peaceful views with no rear neighbors. Parking: Ample off-street parking for residents and guests. Investment Potential: Ideal for long-term rental income, rent one unit and live in the other, or multi-generational living. Contact us today for more details or to book a private tour!

419 Cook Dr, Clarksville
713 Lupton Dr, Chattanooga
$349,900
3516211 MLS ⋅ ACTIVE Status
INVESTORS, THIS ONE IS FOR YOU! Three units. Multiple income streams. Prime Chattanooga location. This well positioned triplex on Lupton Drive offers an excellent opportunity to add a versatile income producing property to your portfolio. Located just minutes from Hixson, Red Bank, and Downtown Chattanooga, this property puts tenants close to shopping, dining, entertainment, and major roadways. Each unit features 2 bedrooms and 1 bathroom, providing a desirable layout for renters. One unit is currently vacant, while the other two are currently leased, providing immediate rental income with additional potential from the vacant unit. Whether you're a seasoned investor looking to expand your portfolio or searching for your next income producing property, this triplex offers flexibility, location, and opportunity all in one. Three units. Two current tenants. One vacant unit ready to lease. Don't miss this Chattanooga investment opportunity!

713 Lupton Dr, Chattanooga
355359 County Road 475, Etowah
$1,390,000
3516028 MLS ⋅ ACTIVE Status
Exceptional Multi-Family Investment Opportunity | 24.25± Acres | Multiple Income Streams | Event Venue Potential Rare opportunity to own a one-of-a-kind income-producing property situated on approximately 24.25± acres across two parcels in the beautiful mountains of East Tennessee. Combining established rental income, event space, and room for future expansion, this versatile property offers endless possibilities for investors and entrepreneurs alike. The property includes two single-family homes, an income-producing triplex (built in 1992), and an income-producing quadplex (built in 1995). The quadplex also features a community laundry room and a spacious lower-level event hall suitable for private gatherings, meetings, receptions, or special events. Additional improvements include an outdoor pavilion, amphitheater, and a peaceful creek bordering the rear of the property. The scenic setting offers mature trees, open green space, mountain views, and a retreat-like atmosphere that enhances its appeal for both residents and guests. Existing improvements provide multiple income streams while offering opportunities for future development, subject to local zoning and applicable approvals. Potential uses include short-term rentals, boutique lodging, destination weddings, retreat center, corporate or nonprofit campus, wellness or educational retreat, agritourism, vineyard or winery, long-term rental investment, multi-generational living, or organizational housing. Enjoy convenient access to some of East Tennessee's most popular attractions! Explore the wonders of The Lost Sea Adventure in Sweetwater, TN, just 17.3 miles away; spend a fun-filled day in Pigeon Forge, TN, approximately 78.1 miles away; or take in the breathtaking scenery and attractions of Lookout Mountain in Chattanooga, TN, just 67 miles from the property. Outdoor enthusiasts will also love Indian Boundary Lake near Tellico Plains, TN, just 29.7 miles away!

355359 County Road 475, Etowah
1437 Ann St, Nashville
$349,900
3515268 MLS ⋅ ACTIVE Status
Fantastic opportunity to own a duplex in an established East Nashville/Inglewood neighborhood just minutes from Inglewood Park. Situated on a desirable corner lot, this one-story property features two separate 1-bedroom, 1-bath units and offers multiple possibilities for an owner-occupant or investor. One unit is currently vacant, while the other is occupied by a month-to-month tenant, providing added flexibility for the next owner. Live in one side and rent the other, explore the potential for an owner-occupied short-term rental strategy, or maintain both units as traditional long-term rentals. Each unit is separately metered for electric, gas, and water, helping simplify utility management. Appliances are included with the sale, and there is no HOA. Comparables in area for rents indicate market rents $1,350-1$,450 per month per unit range. The property is being sold AS-IS, presenting an opportunity for a buyer to make improvements and add value over time while owning a versatile income-producing property in one of Nashville's most popular residential areas. Convenient to neighborhood parks, restaurants, shopping, and the Gallatin Road corridor. Buyer and buyer's agent to independently verify all pertinent information, zoning, permitted uses, rental requirements, and short-term rental eligibility.

1437 Ann St, Nashville
1309a Pierce Rd, Madison
$267,000
3515161 MLS ⋅ ACTIVE Status
1309 A and B Pierce Rd Madison TN. Renovated duplex in a great location in Madison with new hardy board siding, roof, decking, insulation and gutters (2024). Great looking. This duplex is part of a quad. The left side is for sale. 1309 A on the first floor. 1309B on the second floor. There is a really large front yard and parking in the rear. The interior is in good condition. The upstairs unit has brand new flooring, kitchen cabinets, new appliances and a renovated bathroom with a new double vanity. There is a nice view from the front of the units. The upstairs unit has deck with room for a barbecue and one can see really pretty trees in the distance. There are two newer water heaters, laundry hookups in each unit and a new stove and refrigerator upstairs. LVP flooring on the bottom unit and brand new LVP flooring upstairs. Central heating and air recently serviced. Everything works. The bottom unit is occupied. The upstairs unit was recently vacated and completely renovated. Top unit can be shown. We are re listing the property as it was unlisted due to road repairs on Pierce Rd.

1309a Pierce Rd, Madison
344 Dupuis Dr, Clarksville
$620,000
3515116 MLS ⋅ ACTIVE Status
TURNKEY SIX-PLEX + 100% OCCUPIED + PRIME CLARKSVILLE LOCATION! Don’t miss this incredible opportunity to own an all-brick, income-producing investment property located just 7 miles from Fort Campbell and less than 4 miles from Austin Peay State University and Downtown Clarksville. All six units are currently rented, offering immediate rental income from day one, PLUS ROOM FOR FORCED APPRECIATION through future rent increases! The units are very clean and well maintained, offering an investor the opportunity to take over with little to no immediate work while still having potential to increase rental income over time. Each unit features 2 bedrooms, 1 full bathroom with a tub/shower combination, a full kitchen, and laundry hookups. The roof was replaced within the last 5 years, adding even more value and peace of mind. NO HOA! Conveniently located near major employers, shopping, dining, entertainment, and everything Downtown Clarksville has to offer. Rent roll available upon request. Some photos have been virtually staged to demonstrate the potential use of space and furniture placement. Virtual staging is for illustrative purposes only; furnishings and decor shown are not included with the property.

344 Dupuis Dr, Clarksville
109 Turner St, Ashland City
$600,000
3514630 MLS ⋅ ACTIVE Status
Investor Portfolio Opportunity Unique opportunity to acquire a 16-unit residential investment portfolio consisting of 5 buildings located in Ashland City and Kingston Springs. This portfolio offers an investor the ability to acquire multiple income-producing properties in a single transaction, providing immediate scale and diversification across several buildings and locations. The portfolio includes 109 Turner Street, Ashland City (MLS 3514630), 106 Tucker Street, Ashland City (MLS 3514625), 212 Stratton Boulevard, Ashland City (MLS 3514616), and 270 Harpeth Hills Ct., Kingston Springs (MLS 3514611). With 16 total units across 5 buildings, this offering may appeal to investors looking to expand an existing rental portfolio or establish a larger multifamily investment presence in Middle Tennessee. Multiple units provide the opportunity to spread vacancy exposure across the portfolio while benefiting from ownership of several residential income-producing assets. Properties are conveniently located within the growing Middle Tennessee market with access to Ashland City, Kingston Springs, Nashville and surrounding employment, shopping and service areas. Portfolio is being marketed as a package. Seller reserves the right to consider the sale of individual properties or other combinations separately. Buyer and Buyer's Agent to independently verify all information deemed important, including square footage, unit count, rents, leases, occupancy, expenses, taxes, zoning and financial performance.

109 Turner St, Ashland City
106 Tucker St, Ashland City
$1,000,000
3514625 MLS ⋅ ACTIVE Status
Investor Portfolio Opportunity Unique opportunity to acquire a 16-unit residential investment portfolio consisting of 5 buildings located in Ashland City and Kingston Springs. This portfolio offers an investor the ability to acquire multiple income-producing properties in a single transaction, providing immediate scale and diversification across several buildings and locations. The portfolio includes 109 Turner Street, Ashland City (MLS 3514630), 106 Tucker Street, Ashland City (MLS 3514625), 212 Stratton Boulevard, Ashland City (MLS 3514616), and 270 Harpeth Hills Ct., Kingston Springs (MLS 3514611). With 16 total units across 5 buildings, this offering may appeal to investors looking to expand an existing rental portfolio or establish a larger multifamily investment presence in Middle Tennessee. Multiple units provide the opportunity to spread vacancy exposure across the portfolio while benefiting from ownership of several residential income-producing assets. Properties are conveniently located within the growing Middle Tennessee market with access to Ashland City, Kingston Springs, Nashville and surrounding employment, shopping and service areas. Portfolio is being marketed as a package. Seller reserves the right to consider the sale of individual properties or other combinations separately. Buyer and Buyer's Agent to independently verify all information deemed important, including square footage, unit count, rents, leases, occupancy, expenses, taxes, zoning and financial performance.

106 Tucker St, Ashland City
212 Stratton Blvd, Ashland City
$395,000
3514616 MLS ⋅ ACTIVE Status
Investor Portfolio Opportunity Unique opportunity to acquire a 16-unit residential investment portfolio consisting of 5 buildings located in Ashland City and Kingston Springs. This portfolio offers an investor the ability to acquire multiple income-producing properties in a single transaction, providing immediate scale and diversification across several buildings and locations. The portfolio includes 109 Turner Street, Ashland City (MLS 3514630), 106 Tucker Street, Ashland City (MLS 3514625), 212 Stratton Boulevard, Ashland City (MLS 3514616), and 270 Harpeth Hills Ct., Kingston Springs (MLS 3514611). With 16 total units across 5 buildings, this offering may appeal to investors looking to expand an existing rental portfolio or establish a larger multifamily investment presence in Middle Tennessee. Multiple units provide the opportunity to spread vacancy exposure across the portfolio while benefiting from ownership of several residential income-producing assets. Properties are conveniently located within the growing Middle Tennessee market with access to Ashland City, Kingston Springs, Nashville and surrounding employment, shopping and service areas. Portfolio is being marketed as a package. Seller reserves the right to consider the sale of individual properties or other combinations separately. Buyer and Buyer's Agent to independently verify all information deemed important, including square footage, unit count, rents, leases, occupancy, expenses, taxes, zoning and financial performance.

212 Stratton Blvd, Ashland City
270 Harpeth Hills Ct, Kingston Springs
$395,000
3514611 MLS ⋅ ACTIVE Status
Investor Portfolio Opportunity Unique opportunity to acquire a 16-unit residential investment portfolio consisting of 5 buildings located in Ashland City and Kingston Springs. This portfolio offers an investor the ability to acquire multiple income-producing properties in a single transaction, providing immediate scale and diversification across several buildings and locations. The portfolio includes 109 Turner Street, Ashland City (MLS 3514630), 106 Tucker Street, Ashland City (MLS 3514625), 212 Stratton Boulevard, Ashland City (MLS 3514616), and 270 Harpeth Hills Ct., Kingston Springs (MLS 3514611). With 16 total units across 5 buildings, this offering may appeal to investors looking to expand an existing rental portfolio or establish a larger multifamily investment presence in Middle Tennessee. Multiple units provide the opportunity to spread vacancy exposure across the portfolio while benefiting from ownership of several residential income-producing assets. Properties are conveniently located within the growing Middle Tennessee market with access to Ashland City, Kingston Springs, Nashville and surrounding employment, shopping and service areas. Portfolio is being marketed as a package. Seller reserves the right to consider the sale of individual properties or other combinations separately. Buyer and Buyer's Agent to independently verify all information deemed important, including square footage, unit count, rents, leases, occupancy, expenses, taxes, zoning and financial performance.

270 Harpeth Hills Ct, Kingston Springs
1080 Main St S, Dunlap
$320,000
3514566 MLS ⋅ ACTIVE Status
A great opportunity to add to your rental portfolio or enjoy as a primary residence while building long-term value. Investor-friendly with plenty of potential. Beautiful mountain views and the convenience of being inside the city limits!

1080 Main St S, Dunlap
1075 Coker Ford Rd, Portland
$499,000
3514142 MLS ⋅ ACTIVE Status
Two separate residential units, more than 2 acres, and commercial zoning create multiple possibilities near I-65 in Portland. Built in 2004, the metal-exterior duplex offers approximately 1,584 total square feet, with each unit containing 2 bedrooms and 1 full bath. The layout supports several ownership strategies. Live in one unit and lease the other, operate both sides as rentals, or use the separate residences for extended-family living. The surrounding acreage provides more outdoor space and flexibility than typically found with a duplex property. Commercial zoning may create additional opportunities beyond the existing residential use. Buyers should confirm allowable uses, development requirements, and any plans important to their intended use with the appropriate local authorities. Convenient interstate access supports travel toward Portland, White House, Franklin, Kentucky, and the greater Nashville area. This property brings together two residential units, income potential, acreage, commercial zoning, and interstate accessibility in one offering.

1075 Coker Ford Rd, Portland
20 W Borden St, Cookeville
$450,000
3513479 MLS ⋅ ACTIVE Status
Turnkey Duplex Investment in Cookeville — Two Fully Leased 3BR/2BA Units Solid income-producing duplex just minutes from downtown Cookeville. Each side offers 1,110 sq ft with 3 bedrooms and 2 full baths, no carpet — LVP/LVT flooring throughout — plus washer/dryer hookups and separately metered electric and water. Unit A was fully renovated in July 2026 — new kitchen cabinets and countertops, updated flooring, a refreshed guest bath vanity, and a brand-new large back deck. The third bedroom is suite-style with two closets and a private full bath. Unit B features fresh paint and updated flooring (2023), with the same functional 3-bed/2-bath layout and shared use of the yard. Ideal for an owner-occupant looking to offset their mortgage with rental income from the second unit. Don't miss this well-maintained, cash-flowing duplex in one of Cookeville's most convenient locations.

20 W Borden St, Cookeville
721 Ladd Ave, Chattanooga
$600,000
3512782 MLS ⋅ ACTIVE Status
Turnkey Duplex Investment in North Chattanooga with Strong Income & Upside Potential Exceptional opportunity to own a well-maintained duplex in the highly sought-after North Chattanooga area. Built in 2016, 721 & 723 Ladd Ave feature two spacious townhome-style units, each offering 3 bedrooms, 2.5 bathrooms, a one-car garage, and a private deck--designed for modern living and strong tenant appeal. Both units are currently leased, providing immediate and stable income: 721 Ladd Ave: $1,995/month through 5/3/2027 723 Ladd Ave: $2,024/month through 6/18/2027 With rental rates already performing well and continued growth throughout the Chattanooga market, this property offers excellent potential for future rent increases and long-term appreciation. Located just minutes from downtown Chattanooga, the property benefits from strong rental demand driven by convenient access to dining, shopping, entertainment, and outdoor recreation. Built in 2016, this low-maintenance investment provides modern construction and attractive amenities that appeal to today's tenants. Additional Opportunity: The seller is also offering the neighboring duplex at 715 & 717 Ladd Ave as a separate listing. Investors seeking to expand their portfolio may consider acquiring both properties for increased scale and long-term investment potential. Ideal for investors seeking a turnkey, income-producing asset in one of Chattanooga's most desirable rental markets. **Please do not disturb tenants. Contact the Listing Agent to schedule a showing.**

721 Ladd Ave, Chattanooga
721715 Ladd Ave, Chattanooga
$1,200,000
3512784 MLS ⋅ ACTIVE Status
Turnkey four-unit investment opportunity in North Chattanooga. Exceptional opportunity to own four fully leased townhome-style units in one of North Chattanooga's most desirable rental markets. Built in 2016, this well-maintained investment includes 715, 717, 721, and 723 Ladd Ave, offering modern construction, low-maintenance ownership, and immediate rental income. Each of the four units features 3 bedrooms, 2.5 bathrooms, a one-car garage, and a private deck, providing spacious, contemporary living that continues to attract quality tenants. All four units are currently leased, creating stable rental income: • 715 Ladd Ave: $1,950/month through 1/31/2027 • 717 Ladd Ave: $2,195/month through 3/18/2027 • 721 Ladd Ave: $1,995/month through 5/3/2027 • 723 Ladd Ave: $2,024/month through 6/18/2027 The property is currently generating $8,164 in monthly rental income, with a compelling value-add opportunity for the next owner. As existing leases expire, comparable market rents of approximately $2,400 per unit present the potential to increase gross monthly rental income to roughly $9,600, making this an attractive investment with both immediate income and future upside. Ideally located just minutes from downtown Chattanooga, the property benefits from consistently strong rental demand thanks to its proximity to restaurants, shopping, entertainment, major employers, hospitals, and the area's renowned outdoor recreation. Whether you're looking to expand your portfolio or complete a 1031 exchange, this rare four-door investment offers scale, stability, and long-term appreciation potential in one of Chattanooga's most desirable rental markets. Please do not disturb tenants. Showings are by appointment only. Contact the Listing Agent for additional information or to schedule a showing.

721715 Ladd Ave, Chattanooga
715 Ladd Ave, Chattanooga
$600,000
3512787 MLS ⋅ ACTIVE Status
Turnkey Duplex Investment in North Chattanooga with Strong Income & Upside Potential Exceptional opportunity to own a well-maintained duplex in the highly sought-after North Chattanooga area. Built in 2016, 715 & 717 Ladd Ave feature two spacious townhome-style units, each offering 3 bedrooms, 2.5 bathrooms, a one-car garage, and private deck--designed for modern living and strong tenant appeal. Both units are currently leased, providing immediate and stable income: 717 Ladd Ave: $2,195/month through 3/18/2027 715 Ladd Ave: $1,950/month through 1/31/2027 With rental rates already performing well and continued growth in the Chattanooga market, this property offers excellent potential for future rent increases and long-term appreciation. Located just minutes from downtown, this property benefits from high rental demand driven by proximity to dining, shopping, and outdoor amenities. Additional Opportunity: Seller also owns the adjacent duplex (723/721 Ladd Ave) and is open to a package sale. The neighboring property may offer vacancy options, providing flexibility for owner-occupants or value-add strategies. Ideal for investors seeking a low-maintenance, income-producing asset with upside in a prime location. Please do not disturb tenants and contact Listing Agent for a showing!

715 Ladd Ave, Chattanooga
530 E State St, Murfreesboro
$299,900
3512704 MLS ⋅ ACTIVE Status
Prime Location & Turnkey Cash Flow! Incredible income-producing duplex located within walking distance to Historic Downtown Murfreesboro and just minutes from the MTSU campus. Featuring a brand-new roof, this property offers outstanding long-term value. Unit A has been beautifully renovated with brand-new flooring, updated countertops, a modern full bath, and fresh interior paint throughout. Each well-designed unit features 1 spacious bedroom, 1 full bathroom, an eat-in kitchen, a cozy living area, and dedicated in-unit laundry space. Tenants will love the privacy of having their own separate driveways and a large, fully open backyard. Showings by appointment only. Please do not disturb tenants or trespass on the property. No seller financing available. Professional Photos Coming Soon

530 E State St, Murfreesboro
700 E 7th St, Hopkinsville
$125,000
3512504 MLS ⋅ ACTIVE Status
Investment opportunity in a convenient Hopkinsville location! This five-unit multifamily property at 700 E 7th St offers an excellent opportunity for investors seeking rental income and long-term potential. The property features five separate residential units, providing multiple income streams from a single asset. Conveniently located near local shopping, dining, schools, employment, and other community amenities. With its multifamily layout and established location, this property offers flexibility for an investor looking to build or expand a rental portfolio. Whether you're an experienced investor or looking for an income-producing property, this five-unit building is worth a closer look. Schedule your showing today to explore the possibilities this property has to offer. Buyer and buyer's agent to verify all information, including unit details, dimensions, zoning, utilities, rents, expenses, and intended use. Owner owns 702 S Clay St for a package deal $325,000.

700 E 7th St, Hopkinsville
211 Hunter Dr, Columbia
$369,000
3512472 MLS ⋅ ACTIVE Status
PRICE REDUCED. Excellent investment in a solid all brick duplex only minutes from the Maury Regional Hospital. Both sides of the duplex are leased at $1,250/month with one-year leases. This property will cash flow from the moment of purchase. Completely updated 6 years ago with new roof and complete interior rehab. Each unit has 1050 sq.ft. with 2 bedrooms and 1 bath. a private driveway and backyard with private patio and storage shed. One year home warranty offered with an acceptable offer.

211 Hunter Dr, Columbia
702 S Clay St, Hopkinsville
$100,000
3512425 MLS ⋅ ACTIVE Status
Great investment opportunity with strong rental history! Located in the heart of downtown at 702 S Clay St, this 6-unit apartment building offers consistent income and high tenant demand within a convenient walking area. Parking in rear for 2 cars and on street. Originally built in 1810, the property has seen numerous key updates, including a new roof and decking in 2022, updated windows in 2016, and an upstairs electrical subpanel added in 2025. Additional improvements include a 52-gallon water heater (approx. 2021) and a new 40-gallon water heater (2025). All sewer lines are equipped with cleanouts for easy maintenance. Units are typically fully occupied, with vacancies only occurring during turnover and repairs. Each unit is equipped with gas heaters, window A/C units, gas stoves, and refrigerators. A solid addition to any investor’s portfolio! Owner owns 700 E. 7th St. for a package deal to be sold with 702 S Clay St. for $325,000.

702 S Clay St, Hopkinsville
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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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