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Furnished Short-Term Rental Portfolio
For Sale
$2,680,000
Pending

124 Roaring Fork Rd, Gatlinburg, TN 37738

Multi-Family, Gatlinburg, TN

Property Size3,934 SF
Lot Size1.12 Acres
Days on Market160

Property Features for 124 Roaring Fork Rd

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 11
Full bathrooms 11
Rooms Bedroom 2, Bathroom 6, Bathroom 1, Bathroom 7, Bathroom 11, Bedroom 3, Bedroom 11, Bedroom 10, Bathroom 4, Bedroom 6, Bathroom 2, Bedroom 1, Bathroom 9, Bedroom 9, Bathroom 8, Bathroom 10, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 5, Bedroom 7, Bedroom 8
Parking features Off Street
Window features Drapes
Patio and Porch features Porch
Appliances Microwave, Refrigerator
Directions From Pigeon Forge: take 441 Parkway to Gatlinburg. Left at stop light #3 onto E. Parkway. Right on Roaring Fork Rd. Property on right.
Subdivision Sevier County - 27
Standard status Pending
APN 126L D 01000 000
Size 3,934 SF
Lot size 1.12 Acres

Taxes and HOA fees

Tax Annual Amount 4282

Utilities

Heating system Electric (Heating)
Cooling system Wall Unit(s)

Amenities

AT&T Fiber internet
Smart TV's

Building Details

Year built 1954
Number of units 11
Flooring type Tile
Building materials Frame
Roof type Shingle
Listing Agency: Real Broker
Listed By: Holly Roach · License #TENNESSEE327445
Added: Apr 6 Changed: Sep 12 Last Checked: Sep 12 at 8:06PM
MLS# 1335553

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This income-producing short-term rental property includes 11 furnished units across 3,934 square feet on 1.12 acres. The portfolio includes king and queen suites, seven bathrooms, porches, tile flooring, electric heat, wall-unit cooling, and off-street parking. Cottages 1 and 2 have kitchenette areas, while Cottages 3 through 8 include space for future kitchenette build-outs. Microwave and refrigerator appliances, Smart TVs, and AT&T Fiber internet are also included.

Built in 1954, the property is located at 124 Roaring Fork Rd in Gatlinburg, with access to nearby attractions including Great Smoky Mountains National Park, Dollywood, Ripley's Aquarium, Ober Mountain, Anakeesta, and Gatlinburg SkyPark. The property has no HOA, and additional units may be added or rebuilt subject to City of Gatlinburg requirements.

Key Highlights

  • 11 furnished short‑term rental units across the portfolio
  • 3,934 square feet on 1.12 acres in Gatlinburg
  • Cottages 1 and 2 include kitchenette areas

Property Analytics

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Current Use

Roaring Fork Cottages Hotel & Motel Roaring Fork Motel Hotel & Motel

Suggested Use

Top Pick Electrical Service Garden Center Big Box & Wholesale Store Pharmacy Catering Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

604
Businesses Nearby

Demographics for 37738, TN

5,001
Population
7,075
Households
0.7
Avg Household Size
49
Median Age
31%
College-Educated
91%
High-School Grad
214.6 sq mi
ZIP Area
23
Density / Sq Mi
$63,133
Median Household Income
$29,169
Median Earnings
$1,090
Median Rent
$275,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Eleven furnished accommodations span a 1.12-acre Gatlinburg property with guest-oriented amenities and off-street parking.
Where is this short term rental property located?
The property is located at 124 Roaring Fork Rd Gatlinburg, TN.
What is the asking price?
The asking price for this property is $2,680,000.
What are key features of this property?
This property features: 11 furnished short‑term rental units across the portfolio; 3,934 square feet on 1.12 acres in Gatlinburg; Cottages 1 and 2 include kitchenette areas
More about this property
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