721 W Casey Drive, Sevierville, TN 37862
$1,850,000
Property Type:
Multi-Family
Square Footage:
7,776
Status:
Active
Current Price:
$1,850,000
List Date:
7/14/2025
Last Modified:
1/28/2026
Overview
Description
Mountain Mist Apartments. Don’t miss this exceptional opportunity to own a fully leased, income-producing 10-unit apartment complex located just minutes from Dollywood and other area attractions. Each of the 10 well-maintained units offers:2 Bedrooms, 1 Full Bathroom Washer/Dryer Connections in Every Unit, Kitchens Remodeled in some Units: Includes refrigerator, oven/range, sink, faucets, cabinets & countertopsNew Insulated Vinyl Windows (2022) Recent Updates (within the last 5 years): Plank flooring, interior paint, new outlets & switches, HVAC systems, and modern light fixturesCovered Front Porch & Private Back Patio for each unit. Property is in a highly sought-after location with strong rental history and is 100% occupied. Whether you’re an experienced investor or looking to expand your portfolio, this property is a solid performer!
Listing Details MLS# 1308335
Location Tax Legal Info
- House #
- 721
- St Dir
- W
- Street Name
- Casey
- St Suffix
- Drive
- State/Province
- TN
- Zip Code
- 37862
- PIN #
- 049 046.00
- Subdivision
- Paul Henderson Prop
Contract Info
- Auction Y/N
- No
- Listing Price
- 1850000
General Property Description
- SqFt – Total (Aprox)
- 7776
- Lot Dimensions
- 646x 168 X IRR
- Number of Units
- 10
- # Units Leased
- 10
- Year Built
- 1990
- Property Status
- N/A
- Driveway
- asphalt
- Lease Information
- 2- 4 plex & 1 duplex ,all leased .
- Total Unfinished SqFt
- 0
- Utilities/Mo Avg
- 0
Status Change Info
- Status Change Date
- 2025-07-14
IncomeExpenses
- Net Operating Income
- 119126
Location, Tax & Legal Info
- Area
- Sevier County – 27
- Community
- Sevierville
- City/County Code
- City Limits
- Elementary School
- Sevierville Primary
- Middle School
- Sevierville
- Total Tax
- 3066.17
- High School
- Sevier County
More Information
Remarks & Misc
- Directions
- hwy 66 /Winfield Dunn to Robert Henderson, L on Howard Dr, L w Casey Dr Right to apartments.
- Public Remarks
- Mountain Mist Apartments. Don't miss this exceptional opportunity to own a fully leased, income-producing 10-unit apartment complex located just minutes from Dollywood and other area attractions. Each of the 10 well-maintained units offers:2 Bedrooms, 1 Full Bathroom Washer/Dryer Connections in Every Unit, Kitchens Remodeled in some Units: Includes refrigerator, oven/range, sink, faucets, cabinets & countertopsNew Insulated Vinyl Windows (2022) Recent Updates (within the last 5 years): Plank flooring, interior paint, new outlets & switches, HVAC systems, and modern light fixturesCovered Front Porch & Private Back Patio for each unit. Property is in a highly sought-after location with strong rental history and is 100% occupied. Whether you're an experienced investor or looking to expand your portfolio, this property is a solid performer!
Income/Expenses
- Gross Annual Income
- 148122
- Annual Oper Expenses
- 28995
Property Sub-Type
- Apartment
- Yes
- Duplex
- Yes
- Four Plex
- Yes
Construction
- Frame
- Yes
Type of Units
- 2 Bedroom Unit
- Yes
- Unfurnished
- Yes
Siding
- Vinyl
- Yes
Sale Includes
- Building and Land
- Yes
Miscellaneous
- No Pets
- Yes
- Storage Space
- Yes
- TV Cable Available
- Yes
- Washer/Dryer Cnctns
- Yes
Cooling
- Central Cooling
- Yes
Floors
- Laminate
- Yes
Garage/Parking
- Off-Street Parking
- Yes
Tenant Expenses
- Electricity
- Yes
- Heating
- Yes
- Telephone
- Yes
- Water
- Yes
Owner Expenses
- Advertising
- Yes
- Common Area Maintenance
- Yes
- Exterior Maintenance
- Yes
- HVAC Maintenance
- Yes
- Insurance
- Yes
- Lawn Maintenance
- Yes
- Leasing Fees
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
Fuel
- Electric
- Yes
Heat
- Central
- Yes
Appliances
- Range
- Yes
- Refrigerator
- Yes
- Self Cleaning Oven
- Yes
- Smoke Detector
- Yes
Other Rooms
- Bedroom Main Level
- Yes
- Mstr Bdrm Main Level
- Yes
Roof
- Asphalt
- Yes
- Shingle
- Yes
Exterior Features
- Patio
- Yes
- Porch – Covered
- Yes
- Windows – Insulated
- Yes
Misc Features
- Internet Available
- Yes
- Washer/Dryer Connect
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Property Features
Property Sub-Type:
Apartment; Duplex; Four Plex
Type of Units:
2 Bedroom Unit; Unfurnished
Sale Includes:
Building and Land
Floors:
Laminate
Tenant Expenses:
Electricity; Telephone; Water
Owner Expenses:
Advertising; Common Area Maintenance; Exterior Maintenance; HVAC Maintenance; Insurance; Lawn Maintenance; Leasing Fees; Taxes; Trash Collection
Fuel:
Electric
Heat:
Central
Cooling:
Central Cooling
Appliances:
Range; Refrigerator; Self Cleaning Oven; Smoke Detector
Construction:
Frame
Roof:
Asphalt; Shingle
Siding:
Vinyl
Exterior Features:
Patio; Porch – Covered; Windows – Insulated
Misc Features:
Internet Available; Washer/Dryer Connect
Other Rooms:
Bedroom Main Level; Mstr Bdrm Main Level
Miscellaneous:
No Pets; Storage Space; TV Cable Available; Washer/Dryer Cnctns
New Financing:
Cash; Conventional
Listing Office:
Realty Executives Associates
IDX
Office Phone: 865-693-3232
Last Updated: January – 28 – 2026
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