316 Court Ave, Sevierville, TN 37862
- $575,000
- 2
- BD
- 2
- BA
- 2,346
- SqFt
- Sold Price
- $575,000
- List Price
- $599,000
- Closing Date
- Sep 30, 2026
- MLS#
- 1346331
- Status
- CLOSED
- Type
- Single Family Residential
- City
- Sevierville
- County
- Sevier
- Bedrooms
- 2
- Bathrooms
- 2
- Baths Full
- 2
- Living Area
- 2,346
- Lot Size
- 3,078
- Year Built
- 1950
Property Description
ENDLESS OPPORTUNITY awaits in this historic building located in the heart of Historic Downtown Sevierville. Offering exceptional investment potential, this unique property combines immediate income with outstanding commercial possibilities. The fully finished upper level is currently operating as a successful short-term rental, generating over $39,000 in annual gross rental income in 2025, and features two bedrooms, two full bathrooms, a spacious living room/game area, and a well-appointed kitchen with stainless steel appliances. The lower level is unfinished and commercially zoned, providing a blank canvas for a wide variety of business opportunities, including retail, office, restaurant, or boutique space. Situated in one of Sevierville's most desirable downtown locations, this property offers the rare opportunity to own a mixed-use building with both established income and significant upside potential. Whether you're looking to expand your investment portfolio or create your own downtown business, this property is ready to bring your vision to life.
Additional Information
- Acres
- 0.08
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator, Dryer
- Construction
- Block, Wood Siding
- Cooling
- Ceiling Fan(s), Central Air
- Floors
- Tile, Hardwood
- Garage
- Off Street, Assigned
- Living Area
- 2,346
- Lot Dimensions
- 54 X 57 IRR
- Style
- Historic
- View
- Mountain View
- Year Built
- 1950
- Heating
- Central, Natural Gas
- Num Of Rooms
- 5
- Hoa
- No
- Water
- Public
- Sewer
- Public Sewer
Automated home estimates are a starting point, not a final answer. National websites do not know if your roof is five years old or twenty-five. They do not understand the value of a good piece of land in East Tennessee. At Real Estate Concepts, we combine instant data with actual local expertise to give you a valuation you can trust.
How It Works
Step 1: Tell us your address. Fill in the form — name, phone, email, and your property address.
Step 2: A local expert personally checks it. The number you see right away is your first-look value from a computer. Then one of our local East Tennessee experts personally checks it against real sold homes near you — the comps an algorithm can't weigh, like condition, updates, and your street. That personal check is the CMA.
Step 3: We talk through the real number. We'll walk you through what your home would actually sell for and what we'd do to get it — no obligation, and if the timing's wrong, we'll say so.
Frequently Asked Questions
Q: How is this different from a standard online estimate?
A: Speed and accuracy. You get immediate data from our system, backed up by a manual review from a local expert who knows the area roads and market trends.
Q: Is there a fee for this service?
A: No. We provide free valuations as a service to our East Tennessee community. There is no obligation to list with us.
Q: What areas do you cover?
A: Our agents live and work across East Tennessee, covering Morgan, Roane, Anderson, Scott, Claiborne, and Grainger counties and beyond.
Q: Do you have to visit my property in person?
A: Not for the initial valuation. We can run the numbers based on public records and recent local sales. In-person visits are available if you want a highly precise listing price.
Real Estate Concepts | Office: (423) 346-5800 — Or reach David Millard directly: Call or text (865) 951-9578
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Listing courtesy of Realty Executives Associates. Selling Office: .
Agent: Tonja Doty |
Office: Realty Executives Associates |