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!
For sale
Price cut: $225K (5/30)
$1,625,000
721 W Casey Dr, Sevierville, TN 37862
20beds
10baths
7,776sqft
Multi Family
Built in 1990
-- sqft lot
$-- Zestimate®
$209/sqft
$-- HOA
What's special
Interior paintHvac systemsNew outlets and switchesPlank flooringModern light fixtures
- 370 days |
- 125 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Linda Meese,
Realty Executives Associates 865-693-3232
Source: East Tennessee Realtors,MLS#: 1308335
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 10
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Self Cleaning Oven
Features
- Flooring: Laminate
- Windows: Insulated Windows
Interior area
- Total structure area: 7,776
- Total interior livable area: 7,776 sqft
Property
Parking
- Parking features: Off Street
Lot
- Dimensions: 646 x 168 x IRR
Details
- Parcel number: 049 046.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Frame
Condition
- Year built: 1990
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Paul Henderson Prop
Location
- Region: Sevierville
Financial & listing details
- Price per square foot: $209/sqft
- Tax assessed value: $402,300
- Annual tax amount: $3,066
- Date on market: 7/14/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/30/2026 | Price change | $1,625,000-12.2%$209/sqft |
Source:  East Tennessee Realtors #1308335 Report a problem | ||
| 11/18/2025 | Price change | $1,850,000-5.1%$238/sqft |
Source: East Tennessee Realtors #1308335 Report a problem | ||
| 7/14/2025 | Listed for sale | $1,950,000+110.8%$251/sqft |
Source: East Tennessee Realtors #1308335 Report a problem | ||
| 6/3/2019 | Sold | $925,000$119/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,066 | $160,920 |
| 2024 | $3,066 | $160,920 |
| 2023 | $3,066 | $160,920 |
| 2022 | $3,066 | $160,920 |
| 2021 | -- | $160,920 +4.8% |
| 2020 | $3,619 +26.7% | $153,560 |
| 2019 | $2,856 -21.1% | $153,560 |
| 2018 | $3,619 +0% | $153,560 |
| 2017 | $3,619 | $153,560 |
| 2016 | $3,619 | $153,560 +9.5% |
| 2015 | -- | $140,280 +0% |
| 2014 | $2,721 | $140,269 |
| 2013 | $2,721 | $140,269 |
| 2011 | $2,721 | $140,269 |
| 2010 | -- | $140,269 +12.7% |
| 2009 | $2,302 | $124,424 |
| 2007 | $2,302 +12.1% | $124,424 |
| 2006 | $2,053 -19.1% | $124,424 |
| 2005 | $2,538 +19% | $124,424 +19% |
| 2004 | $2,133 +11.5% | $104,578 |
| 2002 | $1,914 | $104,578 |
| 2001 | -- | $104,578 -60% |
| 2000 | -- | $261,445 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37862
Nearby schools
GreatSchools rating
- 5/10Sevierville Intermediate SchoolGrades: 4-6Distance: 1.3 mi
- 4/10Pigeon Forge Middle SchoolGrades: 7-9Distance: 5.6 mi
- 5/10Sevier County High SchoolGrades: 10-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Sevierville Primary
- Middle: Sevierville
- High: Sevier County
Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $1,3952 bd1 ba750 sqft727 W Casey Dr #U04, Sevierville, TN 37862For Rent
- $--2 bd1 ba750 sqft725 W Casey Dr #U03, Sevierville, TN 37862Off Market
- $--2 bd1 ba750 sqft723 W Casey Dr #U02, Sevierville, TN 37862Off Market
- $303,4002 bd1 ba-- sqft731 W Casey Dr #U06, Sevierville, TN 37862Off Market
- $--2 bd1 ba750 sqft721 W Casey Dr #U01, Sevierville, TN 37862Off Market
- $--2 bd1 ba750 sqft733 W Casey Dr #U07, Sevierville, TN 37862Off Market
- $537,3002 bd2 ba1.5k sqft1905 Eaglet Ct, Sevierville, TN 37876Off Market
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A local agent can set up tours, give advice and negotiate with sellers.
