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
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing, and that the data is deemed reliable but
is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
