Pigeon Forge, TN
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    Pigeon Forge, TN Multifamily Properties for Sale

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    Gatlinburg, TN Kodak, TN Seymour, TN
    36 results
    Turnkey Income-Producing Cabin Investment
    $892,000
    2,976 SF

    Turnkey Income-Producing Cabin Investment

    1805 Shady Grove Rd, Sevierville, TN 37876

    Two cabins on 2.77 acres, generating $130K+ annual income.

    • Turnkey and income‑producing: Two cabins on 2.77 acres.
    • Proven income history with strong upside potential: Combined gross income of $130K+ annually possible with optimization.
    • Each cabin features 2 bedrooms, 2 bathrooms + bunkroom, open living/dining/kitchen, and a game area.
    • Large deck with a hot tub at each cabin.
    • No HOA and county only taxes.
    Updated: Mar 25
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    Sevierville Multifamily Investment Opportunity
    $1,400,000
    9,599 SF

    Sevierville Multifamily Investment Opportunity

    1170 Von Cannon Lane, Sevierville, TN 37876

    Two fully occupied multifamily properties in Sevierville, Tennessee.

    • 100% Occupancy across both properties
    • Two properties included: 1170 Von Cannon Lane and 324 Hopson Street
    • Total of 10 units (5 units at each property)
    • 1170 Von Cannon Lane renovated in 2023
    • 3 out of 5 units at 324 Hopson Lane renovated within the last year
    Updated: Mar 19
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    New 5-Plex in Sevierville
    $1,150,000
    3,000 SF

    New 5-Plex in Sevierville

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

    120 County Garage Rd, Sevierville, TN 37876
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    Sevierville Multifamily Investment Opportunity
    $999,000
    2,240 SF

    Sevierville Multifamily Investment Opportunity

    Multifamily duplexes in prime Sevierville rental location.

    116 Hazel Drive, Sevierville, TN 37862
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    Smoky Mountain Duplex Hideaway
    $565,000
    2,644 SF

    Smoky Mountain Duplex Hideaway

    Two-unit duplex in Sevierville, TN, ideal for investors.

    4238 Dollys Drive, Sevierville, TN 37876
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    Turnkey Income-Producing Triplex
    $1,499,900
    3,420 SF

    Turnkey Income-Producing Triplex

    Remodeled triplex in Pigeon Forge, TN, ideal for investors.

    2814 Seth Road, Pigeon Forge, TN 37863
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    Sevierville Multifamily Property with Apartment
    $599,000
    4,044 SF

    Sevierville Multifamily Property with Apartment

    Multifamily property with basement apartment and multiple kitchens.

    1455 Chapman Highway, Sevierville, TN 37876
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    Sevierville Hospitality Property For Sale
    $1,499,999
    8,232 SF

    Sevierville Hospitality Property For Sale

    Short-term rental property near Gatlinburg, Pigeon Forge, and Smoky Mountains.

    4155 Dollys Drive, Sevierville, TN 37876
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    Pigeon Forge Townhome Community
    $1,800,000
    7,648 SF

    Pigeon Forge Townhome Community

    Six-unit townhome community near Dollywood, suitable for short-term rentals.

    3729 Plaza Way, Pigeon Forge, TN 37863
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    Sevierville Income-Generating Triplex Opportunity
    $159,900
    1,064 SF

    Sevierville Income-Generating Triplex Opportunity

    Triplex near Douglas Lake, ideal for investors seeking cash flow.

    1373 Avenue D, Sevierville, TN 37876
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    Pigeon Forge Townhome Community
    $5,999,999
    27,987 SF

    Pigeon Forge Townhome Community

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

    3729 Plaza Way, Pigeon Forge, TN 37863
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    Rare Duplex Cabin Near Pigeon Forge
    $825,000
    2,808 SF

    Rare Duplex Cabin Near Pigeon Forge

    Duplex cabin ideal for investors or owner-occupiers near attractions.

    3012 Legacy Vista Drive, Sevierville, TN 37876
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    Sevierville Commercial/Residential Opportunity
    $450,000
    1,352 SF

    Sevierville Commercial/Residential Opportunity

    Remodeled 2-bed, 3-bath property on 1.8 acres, C-4 zoning.

    739 W Main Street, Sevierville, TN 37862
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    Updated Cabin Near Dollywood
    $689,000
    2,016 SF

    Updated Cabin Near Dollywood

    Turnkey cabin in gated resort, near Pigeon Forge attractions.

    1550 Bears Den Way, Sevierville, TN 37876
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    Sevierville Multi-Home Investment Opportunity
    $599,900
    5.33 Acres

    Sevierville Multi-Home Investment Opportunity

    Multi-home investment package near Smoky Mountains attractions.

    121 & 141 Spring St, Sevierville, TN 37862
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    Rare Smoky Mountain View Quadplex
    $1,925,000
    6,360 SF

    Rare Smoky Mountain View Quadplex

    Four-unit property with short-term rental potential and mountain views.

    4222 Dollys Drive, Sevierville, TN 37876
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    Turnkey Pigeon Forge Townhome Quadplex
    $1,799,000
    9,216 SF

    Turnkey Pigeon Forge Townhome Quadplex

    Four new townhomes in the heart of Pigeon Forge.

    3141 Teaster Lane, Pigeon Forge, TN 37863
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    Contemporary Townhome Near Dollywood
    $599,900
    1,143 SF

    Contemporary Townhome Near Dollywood

    New 2-bedroom townhome near Pigeon Forge attractions.

    2385 Forge Hideaway Loop, Pigeon Forge, TN 37863
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    Sevierville Cabin: Investment Potential
    $639,999
    2,156 SF

    Sevierville Cabin: Investment Potential

    Modern log cabin in Timber Cove, near Smoky Mountains.

    4228 Wears Valley Road, Sevierville, TN 37862
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    Sevierville Land Near Dollywood
    $39,900
    5.09 Acres

    Sevierville Land Near Dollywood

    5-acre lot suitable for a mountain home or rental cabins.

    Paint Horse Way lot: 14, Sevierville, TN 37876
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    Sevierville Land For Sale
    $270,000
    4.60 Acres

    Sevierville Land For Sale

    4.6-acre property near Pigeon Forge Parkway, ideal for short-term rentals.

    Helton Rd, Sevierville, TN 37876
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    New Townhomes in Pigeon Forge
    $1,179,900
    2,286 SF

    New Townhomes in Pigeon Forge

    Two newly built townhomes in the heart of Pigeon Forge.

    2385 Forge Hideaway Loop, Pigeon Forge, TN 37863
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    Contemporary Townhome Near Dollywood
    $599,900
    1,143 SF

    Contemporary Townhome Near Dollywood

    New 2-bedroom, 2-bath townhome in Pigeon Forge, Tennessee.

    2385 Forge Hideaway Loop, Pigeon Forge, TN 37863
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    Sevierville Commercial Property For Sale
    $1,800,000
    5,080 SF

    Sevierville Commercial Property For Sale

    Commercial property with road frontage and mountain views in Sevierville.

    3360 Wears Valley Rd./ Hwy 321, Sevierville, TN 37862
    View details

    Pigeon Forge, TN Multifamily Properties Investment Opportunities Market Analysis

    Explore 71 multifamily properties for sale in Pigeon Forge, TN, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 160,809 square feet of properties for sale, with an estimated market value of $41,000,397.

    Sale prices for multifamily properties in Pigeon Forge, TN start at $259,900, averaging $1,518,533, and reaching up to $6,300,000 — 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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    Top Commercial Asset Segments

    Short term rental properties 23
    Apartment buildings 8
    Duplexes 6
    Triplexes 2
    Mobile home & RV parks 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    Sevierville $2.5M
    Pigeon Forge $3.6M

    Taxes & Financing

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

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