121 & 141 Spring St, Sevierville, TN 37862
$575,000
Property Type:
Multi-Family
Status:
Active
Current Price:
$575,000
List Date:
2/04/2026
Last Modified:
2/12/2026
Description
2 HOMES, 4 PARCELS, 5.33 Acres in Sevier County, TN Investor Opportunity, OWNER WILLING TO SPLIT= PLEASE CALL AN AGENT FOR MORE INFORMATION Rare Multi-Home Investment in Sevier County! This incredible investment package includes three homes across four separate parcels (totaling 5.33 acres) being sold together—with the possibility of separation for the right offer. Known locally as part of the historic L.P. Yett Family Farm, this land has been in the same family since the 1950s and now presents a once-in-a-generation opportunity to own a piece of Sevier County heritage. Located just minutes from Pigeon Forge, Gatlinburg, Sevierville, Dollywood, and Soaky Mountain Waterpark, this area sits within the fastest-growing corridor of the Smoky Mountains region—a prime destination for development, restoration, or long-term investment. Property Overview: 121 Spring Street: 2-bedroom, 1-bath home in better condition, featuring city water, city sewer, a private well, and an actual natural spring. It also includes a detached garage and two storage sheds, ideal for equipment or workshop use. 141 Spring Street: 2014 manufactured home offering 4 bedrooms and 2 baths. This home is currently occupied and move-in ready, providing livable space while upgrades or redevelopment occur on the other parcels. Why Investors Will Love It: With strong infrastructure access (city utilities, detached storage, open land) and unmatched proximity to major Sevier County attractions, this property package is a blank slate for investors, developers, or those seeking multi-family living potential. While two of the three homes are not likely to qualify for conventional financing, this presents a perfect opportunity for cash buyers or creative financing investors ready to bring new life to this family estate. The Sevier County corridor is booming—with rising property values, tourism growth, and increasing demand for quality long-term housing—making this property an excellent candidate for renovation, expansion, or multi-parcel resale. Motivated sellers are ready to make a deal—this property is for sale but not on sale. Opportunities like this in the Sevier County market won't last!
More Information MLS# 1328451
Location, Tax & Legal Info
Area: Sevier County - 27
City/County Code: City Limits
Total Tax: 726.81
Contract Info
Auction Y/N: No
Listing Price: 575000
Current Price: $575,000
Status: Active
Listing Date: 2026-02-04
General Property Description
Lot Dimensions: IRR
Utilities/Mo Avg: 1150
Property Status: N/A
Driveway: 2
Number of Units: 2
Year Built: 1997
Remarks & Misc
Directions: From Winfield Dunn Parkway take Right on W Main street. Turn Right on Old Knoxville HWY . And turn on Spring ST for the other 2 houses.
Public Remarks: 2 HOMES, 4 PARCELS, 5.33 Acres in Sevier County, TN Investor Opportunity, OWNER WILLING TO SPLIT= PLEASE CALL AN AGENT FOR MORE INFORMATION Rare Multi-Home Investment in Sevier County! This incredible investment package includes three homes across four separate parcels (totaling 5.33 acres) being sold together—with the possibility of separation for the right offer. Known locally as part of the historic L.P. Yett Family Farm, this land has been in the same family since the 1950s and now presents a once-in-a-generation opportunity to own a piece of Sevier County heritage. Located just minutes from Pigeon Forge, Gatlinburg, Sevierville, Dollywood, and Soaky Mountain Waterpark, this area sits within the fastest-growing corridor of the Smoky Mountains region—a prime destination for development, restoration, or long-term investment. Property Overview: 121 Spring Street: 2-bedroom, 1-bath home in better condition, featuring city water, city sewer, a private well, and an actual natural spring. It also includes a detached garage and two storage sheds, ideal for equipment or workshop use. 141 Spring Street: 2014 manufactured home offering 4 bedrooms and 2 baths. This home is currently occupied and move-in ready, providing livable space while upgrades or redevelopment occur on the other parcels. Why Investors Will Love It: With strong infrastructure access (city utilities, detached storage, open land) and unmatched proximity to major Sevier County attractions, this property package is a blank slate for investors, developers, or those seeking multi-family living potential. While two of the three homes are not likely to qualify for conventional financing, this presents a perfect opportunity for cash buyers or creative financing investors ready to bring new life to this family estate. The Sevier County corridor is booming—with rising property values, tourism growth, and increasing demand for quality long-term housing—making this property an excellent candidate for renovation, expansion, or multi-parcel resale. Motivated sellers are ready to make a deal—this property is for sale but not on sale. Opportunities like this in the Sevier County market won't last!
Property Sub-Type
Other: 1
Construction
Frame: 1
Type of Units
2 Bedroom Unit: 1
3 or more Bdrm Units: 1
Unfurnished: 1
Sale Includes
Building and Land: 1
Cooling
Central Cooling: 1
None: 1
Floors
Carpet: 1
Laminate: 1
Vinyl: 1
Garage/Parking
Garage Spaces: 2
Detached: 1
Individual Carports: 1
Off-Street Parking: 1
Fuel
Electric: 1
Heat
Central: 1
None: 1
Other Rooms
Other: 1
Roof
Other: 1
Shingle: 1
New Financing
Cash: 1
Conventional: 1
Location Tax Legal Info
House #: 121 & 141
Street Name: Spring
St Suffix: St
State/Province: TN
Zip Code: 37862
PIN #: 049A A 021.00
Subdivision: L P Yett Farm
Geo Lat: 35.883154
Geo Lon: -83.583406
Status Change Info
Status Change Date: 2026-02-04
Property Features
Property Sub-Type: Other
Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units; Unfurnished
Sale Includes: Building and Land
Floors: Carpet; Laminate; Vinyl
Fuel: Electric
Heat: Central; None
Cooling: Central Cooling; None
Construction: Frame
Roof: Other; Shingle
Other Rooms: Other
New Financing: Cash; Conventional
Documents
Listing Office:
Jackson Real Estate & Auction
IDX
Office Phone: 865-397-4214
Last Updated: February - 12 - 2026
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