See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

116 Hazel Dr, Sevierville, TN, 37862

8beds
4baths
2,240sqft
$999,000
$446price/sqft
$7,074/moest. monthly cost
$282,960/yrincome needed

About This Home

This is an incredible opportunity for investors looking to grow their portfolio or those looking to start an investment portfolio. This property features multi-family duplexes, 2 buildings each with two 2 bedroom, 1 bath units, at a rental amount of $4000 total monthly. There is room to bring these to current market value with some updating. These are 1 level units in a prime rental location in Sevierville, convenient to downtown. Open floor plan concept. Each unit/tenant is responsible for their own utilities. This is investing made easy with these monthly rentals, or turn them into nightly rentals if you wish, the choice is yours.

Getting Around

43
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

4/10
5/10
Sevier County High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1989

Materials

  • Roof: Composition,Shingle

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator
  • Laundry features: Main Level

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 4
  • Main level bedrooms: 8

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,240

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 2,240 sqft

Property

Details

  • Parcel number: 049H D 031.00

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 1.67 Acres
  • Lot size dimensions: 100 x 287 x IRR

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather
Cold Wave
Earthquake
Strong Wind
Tornado

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,051$60,612
Home Insurance $252$3,024
Property Taxes $1,589$19,068
Electricity $182$2,184
Total$7,074$84,888

Income You'd Need if You Spent...

35% on housing$242,537/yr
40% on housing$212,220/yr
45% on housing$188,640/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$446This listing

vs Other Active Listings

Avg $/sqft

ZIP 37862$313
Sevier County$279

vs Homes Sold Last Month

Median $/sqft

ZIP 37862$330
Sevier County$286

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$999,000
2026-01-16Listing removed$1,200,000
2025-07-15Listed for sale$1,200,000
2022-06-17Sold$600,000

For Sale by Agent

AgentDennis W. Brooks
BrokerageMountain Home Realty

Similar Homes