Smoky Mountain TN Multi Family Homes For Sale

Multi Family Homes for Sale in Smoky Mountain TN

212 Westwood Dr, Mcminnville
$940,000
3173836 MLS ⋅ ACTIVE Status
Rare opportunity to acquire a fully stabilized 7-unit asset in one of McMinnville’s most desirable in-town locations. This offering includes a single-family home (210 Westwood) and six apartment units (212 Westwood), all situated on 1.6 acres along the Barren Fork River in the established Westwood neighborhood — just over the river and walkable to downtown. Investors will appreciate the strong rental fundamentals and operational simplicity. All units are separately metered for electric (paid by tenants), while the owner covers water, sewer, trash, and gas. The property offers consistent occupancy and reliable cash flow, making it a true turnkey investment. See recent capital improvements In documents. Enough parking for each unit to have 2 dedicated parking spaces, detached two-car garage that presents additional income or storage potential. Property is in beautiful established single family community on 1.6 acre riverfront lot. Tenants love the location and peaceful backdrop as well as the convenient access to downtown shops, dining, and local employers. McMinnville offers investors an affordable entry point compared to larger Tennessee markets, steady local demand, and limited multifamily inventory. Seven income streams. Walkable location. Riverfront setting. Recent updates. Built-in upside. Whether expanding your portfolio or completing a 1031 exchange, 210 & 212 Westwood Drive delivers the stability, location, and scalability investors are seeking in today’s market. Property is tenant occupied. Please do not access the property without agent approval or disturb tenants.

212 Westwood Dr, Mcminnville
198 Beech St, Clarksville
$625,000
3170506 MLS ⋅ ACTIVE Status
This is a great turn key investment property! All 4 units are 2 bedroom 1 bathroom with laundry. Property is currently being rented short term on Airbnb's platform.

198 Beech St, Clarksville
1400 Hawkins St, Nashville
$775,000
3167483 MLS ⋅ ACTIVE Status
Exceptional investment and redevelopment opportunity in one of Nashville’s most sought-after urban corridors, ideally positioned between The Gulch and Music Row—two of the city’s most dynamic and fast-appreciating districts known for luxury living, premier dining, entertainment, and long-term growth. This income-producing duplex sits on two separate parcels with two tax IDs and currently features two well-maintained 2BR/1BA units with long-term month-to-month tenants paying $1,900/month per side, creating immediate cash flow while future plans take shape. The property is currently zoned R6-A, but recent Metro zoning updates have created a significant new opportunity for increased density and future redevelopment potential in this location. Preliminary research indicates the site may be a strong candidate for rezoning that could allow substantially greater development intensity, including attached townhomes or even multifamily product, making this an increasingly rare opportunity for builders, investors, and developers looking to secure property ahead of future entitlement progress. As the rezoning process advances and additional value is unlocked, the seller intends to increase the asking price accordingly. Buyers looking to capitalize on the current pricing and future upside are encouraged to act sooner rather than later. Read letter from attorney in media section. Surrounded by high-end redevelopment with nearby new construction routinely selling from $2M–$4M+, this property offers an exceptional combination of location, flexibility, income, and long-term potential in the heart of Nashville. Must have 24-hour notice to show. Call listing broker with questions.

1400 Hawkins St, Nashville
517 Woods Dr, Columbia
$389,999
3164877 MLS ⋅ ACTIVE Status
Excellent investment opportunity in the heart of Columbia! This well-maintained duplex at 517 Woods Drive sits on a large corner lot and offers immediate income potential with both units currently leased, making it a turnkey addition to any investor’s portfolio. Each side features a 2-bedroom, 1-bath layout with functional floor plans designed for comfortable everyday living. The consistent rental history highlights strong tenant demand in this growing area, providing confidence for continued occupancy and stable returns. Tenants benefit from a convenient location with easy access to shopping, dining, schools, and major roadways. The expansive corner lot adds to the property’s appeal, offering additional outdoor space and long-term potential. The exterior is low maintenance. Off-street parking enhances convenience for tenants, making the property even more desirable in the rental market. With both sides occupied, this duplex provides immediate cash flow and eliminates the need for initial leasing efforts. Whether you’re looking to expand your investment portfolio or secure your first income-producing property, this is a solid opportunity in a steadily growing market. Please do not disturb tenants. Showings available with 48 hour notice.

517 Woods Dr, Columbia
535 Lafayette Rd, Clarksville
$666,500
3163731 MLS ⋅ ACTIVE Status
Lot 8/Building B. Seller is willing to consider up to 30,000.00 towards closing cost, incentives, and inspection/appraisal repair allowance with full listing price offer. The buyer / buyer agent to determine how to structure and allocate the funds within guidelines and limitations. 2-story townhome quad. 3 bed, 1.5 bath, 1 car garage and 2 assigned uncovered spots, each. New roof 2020. New HVACs: B1 2021, B2 2022, B3 2020, B4 2019. 20 minutes to Ft Campbell, 10 minutes to Austin Peay, and just an hour to Nashville. Showings can be scheduled with proof of funds / valid pre-approval letter. Photos are an example of one unit and each unit may be slightly different including furniture arrangements. SELLER IS NOT OFFERING SELLER FINANCING.

535 Lafayette Rd, Clarksville
11500 Clay County Hwy, Moss
$299,000
3159451 MLS ⋅ ACTIVE Status
1.00 SURVEYED AC TOTALLY LEVEL & OPEN LOCATED IN A RURAL COUNTRY LOCATION OF MOSS, TN (NO RESTRICTIONS). WITH 2 DOUBLE WIDES: 11500 CLAY CO HWY: 1530 sq ft, 3BD/2BA UPSCALED – top of the line double wide. Featuring a large open concept kitchen, dining & family room, Nook in the kitchen, with a great floor plan & all appliances. Stucco FP in the family room, large living room, large bedrooms & the MB has a full bath with a garden tub and a large walk-in closet. There is a room – area for an office space. Upscale features include vaulted seals, security system, double storm windows & doors, custom floor border and lighting. Handicap covered deck in the back and a lovey open front porch deck, NEW ROOF PLACED IN JUNE 2024. Plenty of parking. 11508 CLAY CO HWY: 1344 sq ft, 3BD/2BA REMODELED – double wide. Featuring a large kitchen with an island and appliances, formal dining & a living room with a TN stone FP & built in entertainment center. Large bedrooms & the MB has a full bath with a garden tub and a large walk-in closet. Upscale features include vaulted seals, double storm windows & doors, new flooring, new painting, new roof in June 2024, covered back deck & a nice small yard. Both mobile homes are HUD approved. Ideal location: Close to Cumberland River, Dale Hollow Lake, Obey River and shopping. If you are looking for a rural – county location with two homes this, is it. Buyer to do own due diligence & pertinent information.

11500 Clay County Hwy, Moss
112 Martin St, Mcminnville
$895,500
3159072 MLS ⋅ ACTIVE Status
Stunning quadplex less than one year old! Beautifully designed with modern finishes throughout, this income-producing property is truly turn-key ready. Each unit includes appliances for added convenience. A fantastic investment opportunity with strong appeal. Buyer to verify all pertinent information, including schools. Please do not disturb tenants.

112 Martin St, Mcminnville
311 Beech St, Clarksville
$490,000
3147926 MLS ⋅ ACTIVE Status
Investor opportunity and flexible living all in one! This recently renovated R-3 zoned triplex sits on a spacious corner lot just under an acre in a prime location near Downtown Clarksville. With three separate units—each featuring its own exterior entrance and durable solid surface flooring—this property offers endless possibilities. Apartment A offers approximately 1,000 sq ft with 2 bedrooms, 1 bathroom, kitchen, and living room. Apartment B features approximately 1,600 sq ft with 3 bedrooms, 1 bathroom, kitchen, living room, and laundry area. Apartment C includes 1 bedroom, 1 bathroom, kitchen, living room, and ample storage space. Perfect for investors, multigenerational living, or owner-occupants—live in one unit and rent the others to offset your mortgage. Ideal for military buyers looking to build long-term wealth while stationed near Fort Campbell. Serviced by two electric meters and one water meter. R-3 zoning and the oversized lot provide potential for future expansion or additional units. Conveniently located just 1–2 miles from Downtown Clarksville and Austin Peay State University, 8 miles to Fort Campbell, and approximately 45 miles to Nashville—an area known for strong rental demand. A rare opportunity to own a versatile, income-producing property with room to grow!

311 Beech St, Clarksville
1038 44th Ave N, Nashville
$750,000
3146219 MLS ⋅ ACTIVE Status
Triplex for sale in the heart of the Nations neighborhood.

1038 44th Ave N, Nashville
600 5th Ave E, Springfield
$275,000
3145960 MLS ⋅ ACTIVE Status
Charming 1916 duplex located just minutes from downtown Springfield, offering both historic character and flexible potential. This property is currently tenant-occupied on both sides, providing immediate rental income for investors. Each unit maintains the charm typical of early 20th-century homes while offering a practical layout for comfortable living. Originally built as a single residence, the property could be restored back into a spacious single-family home for buyers looking to create a unique historic residence close to the heart of the city. Whether you’re seeking an income-producing investment, a house-hack opportunity, or a restoration project, this property offers multiple possibilities. Situated just minutes from downtown Springfield’s shops, dining, and community events, the location provides convenient access to everything the area has to offer while still maintaining a quiet neighborhood feel. A rare opportunity to own a piece of Springfield’s history with built-in income and future flexibility. Listed below recent appraisal

600 5th Ave E, Springfield
340 Briar Ave W, Jamestown
$3,200,000
3143224 MLS ⋅ ACTIVE Status

340 Briar Ave W, Jamestown
103 Portland Blvd, Portland
$499,500
3143176 MLS ⋅ ACTIVE Status
Turnkey investment property with immediate cash flow. New construction two-story duplex offering 2,300 total square feet (1,150 per side). Built with durable cement siding for long-lasting curb appeal and low maintenance, this property combines quality craftsmanship with smart investment potential. Each unit features 3 bedrooms and 2.5 baths, highlighted by a spacious primary suite with a walk-in tile shower. The kitchens shine with custom cabinets and stainless steel appliances, creating a high-end feel tenants will appreciate. Located just steps from the library, downtown shops and dining, and a sprawling 191-acre park, this property offers unbeatable walkability. Both units are now being leased (fully occupied duplex) and these lease agreements will transfer with sale. Unit A is $1700/m, Unit B is $1750/m.

103 Portland Blvd, Portland
420 New Rock Creek Rd, Tullahoma
$2,220,000
3136572 MLS ⋅ ACTIVE Status
New Construction Townhomes in Tullahoma – 3BR, 2BA, Soon to be Move‑in ready townhomes offering modern design, quality finishes, and a convenient location close to Tullahoma’s city recreation fields. Each home features 3 bedrooms, 2 full baths, and LVP flooring throughout for durability and easy maintenance. The kitchen includes custom cabinetry, stainless steel microwave and stove, and an open layout ideal for everyday living. Thoughtful construction, efficient floorplans, and low‑maintenance exteriors make these homes a great fit for homeowners or investors. 12 units/1130 sq ft each unit/13560 sq ft for the entire complex

420 New Rock Creek Rd, Tullahoma
710 Sw Atlantic St, Tullahoma
$2,590,000
3135292 MLS ⋅ ACTIVE Status
Spacious 3BR/2BA two‑story townhomes featuring an open layout with one bedroom conveniently located on the main level. Each unit consist of 1130 sq ft, interior upgrades include custom cabinetry, stainless steel appliances, LVP flooring, and ceiling fans throughout. Enjoy the convenience of city utilities and a prime location near Hwy 55 and Hwy 41A, placing you just minutes from shopping, restaurants, and the civic center.--each unit 1130 sq ft/15820 sq ft entire complex--Gross Rental potential at $1350 per month--$226800--This is a HPR--units can be sold individually

710 Sw Atlantic St, Tullahoma
151 Edgewood Dr, Hendersonville
$475,000
3134608 MLS ⋅ ACTIVE UNDER CONTRACT Status
Great investment property on updated duplex on large lot near Old Hickory Lake in Hendersonville. No HOA! Units 151 and 153. Unit 153 is under lease until 5/31/26 for $1,650 per month. DO NOT DISTURB TENANT. Unit 151 is vacant and available for showing. Matterport 3D tours for both units are in the media section. Duplex had roof replaced in July 2023. Unit 153 had HVAC replaced 12/28/2023. Both units remodeled in 2021 with all new appliances including washers & dryers, LVP flooring throughout, granite countertops, new vanities in all bathrooms. Both units have a covered patio and seperate, detached storage buildings.

151 Edgewood Dr, Hendersonville
5640 Us 41, Jasper
$1,210,000
3112474 MLS ⋅ ACTIVE Status
14 Unit Efficiency Apartments. Originally built as a hotel, this 14 Unit Apartment Rental, has been expertly refurbished. Tons of charm and only 17 miles or 27 minutes to Chattanooga. Excellent for Chattanooga, Monteagle, Sequatchie Valley workforce needs. Great for the outdoor enthusiast, who would work in Chattanooga during the week and would want to enjoy the outdoors on the weekend. Walking distance to the Sequatchie River's canoeing and Kayaking. Only minutes to Nickajack Lake and it's award-winning Bass fishing and water sports. Bring your ski-boat and make a day of it on the lake! Nearby Monteagle gives you tons of Hiking Opportunities, such as the Fiery Gizzard Trail. This 14 Unit Rental is perfectly located to fulfill part of the growing need for workforce housing in a very tight housing market in the area.

5640 Us 41, Jasper
15446 Hwy 28, Whitwell
$225,000
3133322 MLS ⋅ ACTIVE Status
1.58+-acres with Mobile Home and Commercial Garage. Mobile Home is located toward the rear of the property with a spacious shop building positioned along the road frontage. Ideal setup for those needing additional workspace or storage and wanting to start a business right out your front door or even rental property. ******Buyer and Buyer's agent is responsible to do their due diligence to verify that all information is correct.

15446 Hwy 28, Whitwell
109 Duke St, Ashland City
$510,000
3132883 MLS ⋅ ACTIVE Status
Interior showings prefered to be conducted once an accepted sales agreement is in place. 24 hour notice to residents is required. Previous owner was meticulous with maintenance and personally collected the rent monthly prior to his passing approx 1 1/2 years ago. It has been professionally managed since.

109 Duke St, Ashland City
3972 Hartsville Pike, Lebanon
$430,000
3131513 MLS ⋅ ACTIVE Status
Please don't disturb tenants. Growing area for investment property. Convenient, well-maintained duplex featuring 2 bedrooms, 1.5 baths on each side. Both sides have good tenants that prefer to stay. In 2025, seller added a multi-purpose metal building with roll-up doors and up to 4-car capacity plus additional storage building that also remains. Surrounding acreage has been divided with multi-million dollar homes in the process of being built.

3972 Hartsville Pike, Lebanon
814 Gracey Ave, Clarksville
$242,000
3123920 MLS ⋅ ACTIVE Status
Nice, clean, renovated duplex that's in good shape. Located close to downtown, Crossland Ave., and Madison Street. Each unit is currently rented out, with Byers & Harvey being the property management company. Very private backyard area with shade and treelined. Tenants pay all utilities with an excellent rent history. Contact the listing agent for more information.

814 Gracey Ave, Clarksville
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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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