Smoky Mountain TN Multi Family Homes For Sale

Multi Family Homes for Sale in Smoky Mountain TN

1406 Bradyville Pike, Murfreesboro
$479,999
3314424 MLS ⋅ ACTIVE Status
**Previously appraised for over $500,000!** Income-producing duplex near MTSU generating approximately $4,650 per month in combined income, offering an estimated 11% cap rate at a $500,000 purchase price. Unit 1408 features 3 bedrooms, 1.5 bathrooms, and a bonus room and is currently leased for $1,900 per month through October 2026. Unit 1406 features 2 bedrooms and 1 bathroom and is being operated as a fully furnished Airbnb, generating approximately $2,750 per month. Approximately $12,000 in furnishings are negotiable. Major improvements include an HVAC system replaced in 2022 and a new sewer line. The roof is less than 11 years old. There is a assumable loan available at approximately 5.063%. The property is located in a flood zone; however, the seller reports no history of flooding. An excellent opportunity to house-hack, expand your rental portfolio, or own a strong-performing investment property near MTSU. Owner/Agent.

1406 Bradyville Pike, Murfreesboro
557a Pemberton St, Gallatin
$549,900
3312139 MLS ⋅ ACTIVE Status
Discover a rare 2024 duplex in Gallatin that lives like new and works beautifully as a house hack or straight investment. Each side offers 3 bedrooms, 2 and a half baths, a spacious kitchen with generous storage, and comfortable living spaces that feel open and bright. Enjoy a private side yard and backyard space that’s hard to find in similar townhome style properties. Currently renting at 2,000 per side, this one checks the boxes for immediate income and long term growth. Schedule your showing today

557a Pemberton St, Gallatin
202 Elliott Way, Decherd
$385,000
3309431 MLS ⋅ ACTIVE Status
Investors this is what you've been searching for.2 Units are and both are like new built in 2022, Only minutes from Nissan manufacturing plant, fully furnished with TV's, furniture, washer/dryer, and appliances. There is also a storage shed on site. Units: 202A, 202B, 202C, 204A, 204B, 204C. Current owner rents individual rooms, so it's actually renting as 6 units but it's 2 duplexes with 3 bedrooms.

202 Elliott Way, Decherd
30 E Thompson Ln, Nashville
$749,900
3306402 MLS ⋅ ACTIVE Status
Exceptional investment opportunity or luxury owner-occupied residence just 10 minutes from Downtown Nashville, BNA Airport, and Nashville's premier hospitals. This beautifully renovated property offers incredible flexibility with 5 bedrooms and 3 bathrooms, currently configured as a 2-bedroom, 1-bath residence, a Studio Apartment, and a 2-bedroom, 1-bath residence, with the potential to be rezoned as a triplex (buyer to verify) to maximize rental income and return on investment. Thoughtfully updated with high-end finishes throughout, the home features a gourmet kitchen with premium appliances, granite countertops, and an elegant center island. Two newly renovated, spa-inspired bathrooms and beautiful hardwood flooring throughout create a refined, move-in-ready living experience. A dedicated office/music room with a fireplace provides the perfect space for working remotely or pursuing creative passions. An electric security gate further enhances comfort and convenience. Outdoor living is equally impressive, featuring a private covered screened porch, a large, fenced backyard complete with a fire pit and decorative bridge, creating the perfect setting for relaxing or entertaining year-round. Additional amenities include assigned covered parking spaces, in-unit washer and dryer, and an approximately 750-square-foot unfinished basement, offering exceptional storage or future expansion potential.Recent improvements include a newer roof, windows, HVAC system, screened porch, and extensive interior renovations, providing lasting value and peace of mind.

30 E Thompson Ln, Nashville
715 Kent Dr, Lebanon
$334,000
3305717 MLS ⋅ ACTIVE Status
All-brick Duplex—turnkey and income-producing from day one! Current owner completed a full rehab, and each 2BR/1BA unit now rents for up to $1,200/month. New roof from 2020. Tenants pay electric, water, and sewer, keeping landlord expenses low (lawn care/repairs only). Shared washer/dryer hookup between units. Strong $2,300/month gross income potential make this a standout investment opportunity. Opportunity to purchase 4 duplexes in a row! Addresses 713, 715, 717, and 719 Kent Drive can all be be purchased together as a packaged deal. Don't miss this opportunity!

715 Kent Dr, Lebanon
713 Kent Dr, Lebanon
$334,000
3305713 MLS ⋅ ACTIVE Status
All-brick Duplex—turnkey and income-producing from day one! Current owner completed a full rehab, and each 2BR/1BA unit now rents for up to $1,200/month. New roof from 2020. Tenants pay electric, water, and sewer, keeping landlord expenses low (lawn care/repairs only). Shared washer/dryer hookup between units. Strong $2,300/month gross income potential make this a standout investment opportunity. Opportunity to purchase 4 duplexes in a row! Addresses 713, 715, 717, and 719 Kent Drive can all be be purchased together as a packaged deal. Don't miss this opportunity!

713 Kent Dr, Lebanon
717 Kent Dr, Lebanon
$334,000
3305714 MLS ⋅ ACTIVE Status
All-brick Duplex—turnkey and income-producing from day one! Current owner completed a full rehab, and each 2BR/1BA unit now rents for up to $1,200/month. New roof from 2020. Tenants pay electric, water, and sewer, keeping landlord expenses low (lawn care/repairs only). Shared washer/dryer hookup between units. Strong $2,300/month gross income potential make this a standout investment opportunity. Opportunity to purchase 4 duplexes in a row! Addresses 713, 715, 717, and 719 Kent Drive can all be be purchased together as a packaged deal. Don't miss this opportunity!

717 Kent Dr, Lebanon
719 Kent Dr, Lebanon
$334,000
3305716 MLS ⋅ ACTIVE Status
All-brick Duplex—turnkey and income-producing from day one! Current owner completed a full rehab, and each 2BR/1BA unit now rents for up to $1,200/month. New roof from 2020. Tenants pay electric, water, and sewer, keeping landlord expenses low (lawn care/repairs only). Shared washer/dryer hookup between units. Strong $2,300/month gross income potential make this a standout investment opportunity. Opportunity to purchase 4 duplexes in a row! Addresses 713, 715, 717, and 719 Kent Drive can all be be purchased together as a packaged deal. Don't miss this opportunity!

719 Kent Dr, Lebanon
3509 Standing Stone Dr, Nashville
$315,000
3305704 MLS ⋅ ACTIVE Status
Nashville duplex offering stable income, upside, and a compelling investment story in 37207. This true duplex at 3509/3511 Standing Stone is currently bringing in $2,310/month in rent with both units leased to long‑term tenants through late 2026 and mid‑2027. Step into immediate cash flow on day one with no vacancy drag and a proven payment history. Each side offers comfortable living spaces with practical layouts and a “clean and cared‑for” feel, making this asset easy to own and easy to keep rented. The property has been well‑maintained, giving investors a low‑maintenance hold in a growing corridor of Nashville. The real value here is the upside. Current rents are below what similar area homes and small rentals command, creating a clear path to improved performance through normal renewals, light cosmetic upgrades, and disciplined management—without needing a full renovation or major repositioning. As the surrounding neighborhood continues to appreciate and new product comes online, this duplex stands to benefit from both rent growth and long‑term land value. Whether you’re a first‑time multi‑unit buyer or adding to an existing portfolio, this is a straightforward, numbers‑driven opportunity: stable income now, realistic rent growth over time. Buy rot verify all info - Please do not disturb tenants - Units are in great shape!

3509 Standing Stone Dr, Nashville
2332 Batavia St, Nashville
$740,000
3303925 MLS ⋅ ACTIVE Status
Completely renovated all-brick triplex offering approximately 1,950 square feet with three 2-bedroom, 1-bath units (approximately 650 SF each). Recent renovations provide an excellent turnkey investment opportunity in one of Nashville's fastest-growing neighborhoods. Located just minutes from Downtown, Germantown, The Gulch, Vanderbilt, and major hospitals, this property offers strong rental appeal and long-term appreciation potential. Rare assemblage opportunity! The adjacent home at 2328 Batavia St. (MLS #3301981) and the adjoining 0.13-acre buildable lot at 2324 Batavia St. are also available for purchase, creating a unique opportunity to acquire three contiguous properties for redevelopment, expansion, or long-term investment. Buyers may purchase the triplex individually or capitalize on this exceptional multi-property offering.

2332 Batavia St, Nashville
3203 Long Blvd, Nashville
$6,500,000
3302436 MLS ⋅ ACTIVE Status
$500,000 in Earnings |10-Unit Turnkey Long Term or Short-Term Rental | DOWNTOWN NASHVILLE! A rare opportunity to own a fully operational, income-producing short-term rental portfolio in one of Nashville's most desirable downtown-adjacent corridors walkable to the city's top attractions and zoned NOOSTR-permissible for continued STR use through purchase and transfer of the property LLC. This boutique 10-unit development generated $500,000 in rental revenue in 2025, with each of the ten individually designed, three-story townhome-style units offering 2 bedrooms and 2.5 baths, sold fully furnished and ready to generate income from day one. Gated garage parking with secured access and private stairwells to each unit add a level of security and privacy that short-term guests and future buyers pay a premium for. The upside doesn't stop at cash flow. Properties of this type may qualify for significant bonus depreciation, potentially generating substantial first-year tax savings that could help offset a buyer's down payment (buyers should consult their tax advisor to evaluate eligibility and estimate potential benefit based on their specific situation). And for investors thinking beyond STR: these units are well suited to redesign and repositioning as individually sold or leased luxury condos, giving this asset a second exit strategy as the neighborhood continues to appreciate. Approximately 14,568 total square feet. Two parking spaces per unit. A rare blend of immediate income, tax efficiency, and long-term optionality in a west-side Nashville location that continues to command premium demand. The upside doesn't stop at cash flow. Thanks to bonus depreciation available on this asset class, a buyer may qualify for an estimated $1.4M–$1.6M in first-year tax savings, effectively offsetting the down payment (consult your tax advisor to confirm eligibility and benefit based on your specific position).

3203 Long Blvd, Nashville
406 High St, Chattanooga
$1,580,000
3298197 MLS ⋅ ACTIVE Status
Perfectly positioned in the heart of Chattanooga's vibrant Art District, this exceptional six-unit building offers an incredible opportunity for both short-term and long-term rentals. Perched overlooking the city, the property places residents and guests within walking or biking distance of downtown's best shopping, dining, museums, the aquarium, and the popular North Shore district. Each unit has been thoughtfully designed with its own unique floorplan, creating character and appeal for a variety of tenants. All units feature spacious kitchens, spa-inspired bathrooms, in-unit washers and dryers, and stylish finishes throughout. With an unbeatable location, stunning city views, and easy access to Chattanooga's most sought-after attractions, this is a rare investment opportunity in one of the city's fastest-growing and most desirable neighborhoods.

406 High St, Chattanooga
328 Beck Ave, Chattanooga
$599,000
3298195 MLS ⋅ ACTIVE Status
Rare duplex opportunity in the highly sought-after Normal Park school district! Ideally located just a short walk from the shops, restaurants, and entertainment of Frazier Avenue and Northshore, and only a stroll across the Walnut Street Bridge to downtown Chattanooga, this property offers an unbeatable combination of location, character, and investment potential. The upper unit features three bedrooms and one full bathroom, filled with natural light from large windows and enhanced by charming architectural details throughout. The lower unit offers three bedrooms and one full bathroom and has been updated with a newer HVAC system and windows, creating a comfortable and move-in-ready space for tenants or owner-occupants. Outside, the oversized lot offers a spacious yard with plenty of room for gardening, recreation, pets, or entertaining guests. With both street frontage and alley access, this property provides exceptional flexibility and endless potential for expansion, additional parking, an accessory dwelling, or future development opportunities. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this versatile property presents an exceptional opportunity in one of Chattanooga's most desirable neighborhoods.

328 Beck Ave, Chattanooga
541 Cedar Glen Cir, Chattanooga
$370,000
3298174 MLS ⋅ ACTIVE Status
Fully occupied, cash-flowing duplex offering 2,468 SF combined across two units! Unit 1 (3BR/2BA) was fully remodeled 3 years ago with tile flooring, granite countertops throughout, and HVAC less than 1 year old. Unit 2 (2BR/2BA) has also been updated with new flooring throughout, an updated master bath, and new water heater, with HVAC 2-3 years old. Both units feature private entrances and their own porch, and share a roof just 2 years old for peace of mind. A rare investment opportunity with immediate income and room to grow rents. Schedule your showing today!

541 Cedar Glen Cir, Chattanooga
4778 A B Trenton Dr, Hermitage
$464,900
3298164 MLS ⋅ ACTIVE UNDER CONTRACT Status
Price Improvement!! Wonderful Opportunity to live/rent in this immaculate & well maintained Multi Family Living Home! Live in one side & rent the other or rent both sides! Each side features 2 bedrooms & one full bath, nicely appointed kitchen that includes: refrigerator, range, dishwasher & there are washer & dryer connections for each unit, Central HVAC (no window units) & quality 50yr CertainTeed shingles on roof. Huge 1600 sq ft unfinished Garage/Basement (not counted in the total square footage) with unlimited potential, that is already framed for future expansion of living area or could be used for extra storage. One Car attached rear garage, concrete patio, extra parking & a private park-like .36-acre yard backing to woods. Covered front porch, full concrete driveway & additional 3 car parking pad at front of home. Approx 10 minutes to BNA Airport, 20 minutes to downtown Nashville & conveniently located within minutes to shopping, groceries, restaurants, area lakes & medical facilities. Looks like a beautiful 4 sides brick single-family home & would make a wonderful home & income producing property! Lace draperies do not remain with the property. Income amounts listed are examples to be verified by Buyers & Buyers Agent. NO HOA fees!

4778 A B Trenton Dr, Hermitage
1721 Pleasant Grove Rd, Westmoreland
$525,900
3298084 MLS ⋅ ACTIVE Status
Discover a rare, highly adaptable property offering immense value as a turnkey multi-family investment or a spacious multi-generational estate. This smartly designed duplex features a seamless layout that effortlessly transitions between a high-yield rental property and a unified family home.

1721 Pleasant Grove Rd, Westmoreland
101 Hill Rd, Dickson
$309,900
3288470 MLS ⋅ ACTIVE Status
Investment Opportunity near downtown, shopping, and hospitals. Easy commute in all directions. Two Townhome style units each having 2 bedrooms and 1 1/2 baths. Separate Water, Electric, and Gas meters for tenant pay. Appliances. Washer & Dryer hookups in each unit ***Do not approach tenants or property without an appointment***

101 Hill Rd, Dickson
116d N 9th St, Nashville
$1,500,000
3288028 MLS ⋅ ACTIVE Status
Whether you're looking for a primary residence, a house hack, or an income-producing investment, this rare property offers incredible flexibility. Live in one unit while generating income from the other, or take advantage of the ability to lease for 30+ days without requiring a short-term rental permit from the city. This is your opportunity to own in one of East Nashville's most convenient and rapidly growing locations. Just minutes from the new Oracle campus, the new Nissan Stadium, some of the city's hottest restaurants, downtown, and easy interstate access, this property puts everything within reach. Opportunities like this don't come around often—a property that offers multiple ways to generate income while being located in one of Nashville's fastest-growing neighborhoods. Prefer just one? Unit C is available for purchase individually. MLS #3243687

116d N 9th St, Nashville
27452747 Cosby Hwy, Cosby
$450,000
3221136 MLS ⋅ COMING SOON Status
A MUST SEE! This Unique property has 2 cabins , RIVERFRONT ( Cosby Creek), and income-producing beautiful homes. Cabin 2745 is 1020 square ft 2 levels. The first level has dining room, kitchen, bedroom and full bath. The has a loft bedroom with whirlpool tub. 2nd cabin 2747 is one level 1320 square ft. 3br 2 full bath one half bath. Tube down the river or sit beside the beautiful river by a fire and enjoy the beauty of the water and wildlife. Located a short drive from all the attractions of Gatlinburg and Pigeon Forge. Invest in this riverfront property, opportunity to rent monthly or nightly.

27452747 Cosby Hwy, Cosby
27412743 Cosby Hwy, Cosby
$450,000
3233727 MLS ⋅ COMING SOON Status
A MUST SEE!! This UNIQUE INCOME PRODUCING property has 2 cabins, SETTING RIVERFRONT to Cosby creek. Great for tubing or sitting and enjoying the creek by a fire. Each cabin is 1020 square ft, 2 bedroom, 2 bath, gas fireplace with an open loft. Located a short drive to all the attractions of Gatlinburg and Pigeon Forge. Invest in this opportunity to sit and relax by the river or rent monthly or nightly.

27412743 Cosby Hwy, Cosby
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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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