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    Pigeon Forge, TN Apartment Buildings for Sale

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    Gatlinburg, TN Kodak, TN Seymour, TN
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    Sevierville Multifamily Property with Apartment
    Updated: Apr 2
    Sevierville Multifamily Property with Apartment

    1455 Chapman Highway, Sevierville, TN 37876

    $599,000
    4,044 sqft · 1.28 AC lot
    Brick home built in 1999 with central air and a heat pump
    3‑bedroom septic permit on file; includes 2 bedrooms on the main floor and a 1‑bedroom basement apartment
    Basement apartment has full kitchen, utility room, bedroom, and living area; total of 3 kitchens in the home
    Currently rented at $850/month; showings require coordinating with tenants via the listing agent
    Two‑car garage on the main level plus additional finished/unfinished garage space listed as 576 SF finished and 576 SF upstairs (downstairs unfinished)
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    This listing looks promising.

    Here's a quick look at some key insights for

    1455 Chapman Highway, Sevierville, TN 37876

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    • Est. Cap Rate

      5%
      NOI ÷ price

    • Est. NOI

      $30K
      Annual

    • Price @ 7% Cap

      $429K
      Suggested

    • Property Type

      Single Family Residence
      Built 1999
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    Renovated 6-Unit Townhome Community
    Updated: Jan 29
    Renovated 6-Unit Townhome Community

    3729 Plaza Way, Pigeon Forge, TN 37863

    $1,800,000
    7,648 sqft · 5.72 AC lot
    Directly adjacent to Dollywood.
    6‑unit building with multiple use options: short‑term rentals, apartments, or condos.
    Recently renovated with higher‑end finishes.
    All units are two‑bedroom, two‑and‑a‑half‑bath townhomes.
    Each unit includes a washer and dryer, fireplace, and private balcony.
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    New 5-Plex in Sevierville
    New 5-Plex in Sevierville

    120 County Garage Rd, Sevierville, TN 37876

    $1,150,000
    3,000 sqft · 1.43 AC lot

    New construction 5-plex on 1.43 acres in Sevierville, TN.

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    Pigeon Forge Townhome Community
    Pigeon Forge Townhome Community

    3729 Plaza Way, Pigeon Forge, TN 37863

    $5,999,999
    27,987 sqft · 5.72 AC lot

    21-unit townhome community near Dollywood with multiple use options.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Sevierville Multifamily Investment Opportunity
    Sevierville Multifamily Investment Opportunity

    721 W Casey Drive, Sevierville, TN 37862

    $1,625,000
    7,776 sqft

    Fully leased 10-unit apartment complex near Dollywood.

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    Sevierville Multifamily Investment Opportunity
    Sevierville Multifamily Investment Opportunity

    1170 Von Cannon Ln, Sevierville, TN 37876

    $695,000
    9,599 sqft

    Two fully occupied multifamily properties in Sevierville, Tennessee.

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    New Multifamily Community Development
    New Multifamily Community Development

    2222 Two Rivers Blvd, Sevierville, TN 37876

    $35,250,000

    Class A apartment community in Sevierville, Tennessee, with strong leasing momentum.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Pigeon Forge, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Strawberry Plains Multifamily Investment Opportunity
    Strawberry Plains Multifamily Investment Opportunity

    3229 Blue Springs Road, Strawberry Plains, TN 37871

    $1,250,000
    2,072 sqft · 1.30 AC lot

    Four duplexes on a single lot with income potential.

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    Turnkey Multifamily Investment Opportunity
    Turnkey Multifamily Investment Opportunity

    2810&2812 Daybreak Way, Strawberry Plains, TN 37871

    $1,599,000
    8,993 sqft · 3.11 AC lot

    Well-maintained 13-unit apartment complex near Knoxville and Sevierville.

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    Dudley Creek Apartments For Sale
    Dudley Creek Apartments For Sale

    445-447 Dudley Creek Road, Gatlinburg, TN 37738

    $950,000
    5,022 sqft

    Six-unit multifamily property near Gatlinburg Parkway.

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    Spacious Condo with Mountain Views
    Spacious Condo with Mountain Views

    1130 Ski View Drive, Gatlinburg, TN 37738

    $400,000

    Expansive 3-bedroom condo near downtown Gatlinburg with mountain views.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Pigeon Forge, TN Apartment Buildings Market Trends and Statistics

    Explore 7 apartment buildings for sale in Pigeon Forge, TN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 60,054 square feet of properties for sale, with an estimated market value of $12,773,999.

    Sale prices for two-family homes in Pigeon Forge, TN start at $599,000, averaging $2,128,999, and reaching up to $5,999,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 61K
    Population Growth (5Y) -4.0%
    Median Household Income $57,849
    College Educated 15.3%

    High-Yield Neighborhoods for Investment

    Identify Pigeon Forge submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37863 $3.9M

    Taxes & Financing

    Tax Rate (average for all types) 1.59%
    Property Tax per SF $26.21 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sevier County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Pigeon Forge fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Pigeon Forge, TN

    • 37876
    • 37863
    • 37862

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