121-141 Spring St
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Description
3 HOMES, 5 PARCELS, 5.93 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 five separate parcels (totaling 5.93 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...3 HOMES, 5 PARCELS, 5.93 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 five separate parcels (totaling 5.93 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: 125 High Drive: 3-bedroom, 1-bath home with panoramic mountain and valley views, perched privately above the surrounding area. This property needs extensive renovation but offers exceptional potential as a primary residence or long-term rental. 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!
- Listed by Benson Bryant • Jackson Real Estate & Auction
Property Details for 121-141 Spring Street
Sub division Name
L P Yett Farm
LISTING UPDATED: 02/05/2026 08:28 AM
Property Details for 121-141 Spring Street
| Status | Active |
|---|---|
| MLS # | 1328451 |
| Days on Market | 3 |
| Taxes | $412 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1997 |
| Lot Size | - |
| County | Sevier County |
Location
Listing Courtesy of Jackson Real Estate & Auction, Benson Bryant
Add your commute
Building Information for 121-141 Spring Street
Stories-Residences3Year Built1997Building Size-Lot Size-
Payment Calculator
$3,202 per month
30 year fixed, 6.15% Interest
Principal and Interest
$3,168
Property Taxes
$34
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 121-141 Spring Street
Summary
Location and General Information
- City: Sevierville
- County Or Parish: Sevier County - 27
- Directions: From Winfield Dunn Parkway take Right on W Main street. Turn Right on Old Knoxville HWY to High Drive top of the hill. And turn on Spring ST for the other 2 houses.
- Latitude: 35.883154
- Longitude: -83.583406
- MLS Area Major: Sevier County - 27
- MLS Area Minor: Sevier County - 27
- Postal Code: 37862
- State Or Province: TN
- Location Tax Legal Info Area: Sevier County - 27
- Remarks Misc Directions: From Winfield Dunn Parkway take Right on W Main street. Turn Right on Old Knoxville HWY to High Drive top of the hill. And turn on Spring ST for the other 2 houses.
Parking
- Attached Garage: No
- Parking Features: Off-Street Parking, Individual Carports, Detached
- General Property Description Driveway: 2
- Garage Parking Detached: True
- Garage Parking Individual Carports: True
- Garage Parking Off-Street Parking: True
- Garage Parking Garage Spaces: 2.0
Taxes and HOA Information
- Association Fee: 0.0
- Parcel Number: 049A A 021.00
- Location Tax Legal Info Total Tax: 411.57
Virtual Tour
- Virtual Tours Count: 0
Property
Lot Information
- Year Built: 1997
- Lot Size Dimensions: IRR
- General Property Description Lot Dimensions: IRR
Property and Assessments
- Possession: At Closing
- Property Type Label: Multi-Family
- Floor Plans Count: 0
- Property Type: Multi-Family
- Possession At Closing: True
Utilities
- General Property Description UtilitiesMo Avg: 1150.0
- Fuel Electric: True
Interior and Exterior Features
Exterior Features
- Construction Materials: Frame
Interior Features
- Cooling: Central Cooling, None
- Bathrooms Total Integer: 0
- Cooling Details: No
- Heating Details: None, Central, Electric
- Flooring: Laminate, Carpet, Vinyl
- Heating: No
- Heating Central: Yes
- Cooling Central Cooling: True
- Cooling None: True
- Floors Carpet: True
- Floors Laminate: True
- Floors Vinyl: True
- Heat Central: True
- Heat - None: True
- Other Rooms Other: True
- Roof Other: True
- Roof Shingle: True
Multi Family
Multi-Family Information
- Number Of Units Total: 3
- Type of Units 2 Bedroom Unit: True
- Type of Units 3 or more Bdrm Units: True
- Type of Units Unfurnished: True
Unit 1
- Unit 1 Unit Number: 121 Spg
- Unit 1 Beds Total: 2
- Unit 1 Rent: 1000-1400
- Unit 1 Squarefeet: 768.0
- Unit 1 Furnished: Unfurnished
Unit 2
- Unit 2 Unit Number: 141 Sprg
- Unit 2 Beds Total: 3
- Unit 2 Rent: 1800-2000
- Unit 2 Squarefeet: 1787.0
- Unit 2 Furnished: Unfurnished
Unit 3
- Unit 3 Unit Number: 125 High
- Unit 3 Beds Total: 3
- Unit 3 Rent: 0
- Unit 3 Squarefeet: 1339.0
- Unit 3 Furnished: Unfurnished
Rental
Rent Information
- Tenant Expenses Cooling: Central Cooling,None
- Tenant Expenses Heating: None,Central,Electric
Property History for 121-141 Spring Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 5, 2026 | Price Change KAARMLS #1328451 | $650,000 | — |
| Feb 4, 2026 | Listed (Active) KAARMLS #1328451 | $649,900 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/05/2026 | Price Change KAARMLS #1328451 | $650,000 |
| 02/04/2026 | Listed (Active) KAARMLS #1328451 | $649,900 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 121-141 Spring Street
This home is within Sevier County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 12 | |||
| Public - | 3 to 12 | |||
| Public - | K to 6 | |||
| Public - | 3 to 5 |
Rating | School | Distance |
|---|---|---|
Sevier County Virtual Academy PublicK to 12 | ||
Parkway Academy Public3 to 12 | ||
Catlettsburg Elementary School PublicK to 6 | ||
Sevierville Intermediate School Public3 to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Jackson Real Estate & Auction, Benson Bryant
The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 02/05/2026 08:28 AM