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    Pigeon Forge, TN Multifamily Properties for Sale

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    28 properties
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    Duplex with Three-Bedroom Units
    Updated: Sep 24
    Duplex with Three-Bedroom Units

    2515 Limestone Court, Sevierville, TN 37876

    $679,000
    2,530 sqft
    Two‑unit duplex with 1,265 square feet on each side
    Each unit has 3 bedrooms and 2 full bathrooms
    Under construction; year built listed as 2026
    Stainless appliances, including a dishwasher, microwave, range, and refrigerator
    Washer and electric dryer hookups in each unit
    View details
    Seven-Cabin Short-Term Rental Resort
    Updated: May 22
    Seven-Cabin Short-Term Rental Resort

    903 Jersey Drive, Sevierville, TN 37862

    $4,999,999
    6,000 sqft 10.74 AC lot
    Seven cabins, each with a one‑bedroom, one‑bath layout
    Approximately 850 square feet per cabin
    Built in 2023; cabins include furnishings, appliances, private decks, and hot tubs
    Shared pond with dock, walking paths, fire pits, and playground
    Sevierville location within minutes of Dollywood, Pigeon Forge Parkway, Gatlinburg, and Great Smoky Mountains National Park
    View details
    5-Unit Apartment Building Under Construction
    5-Unit Apartment Building Under Construction

    120 County Garage Rd, Sevierville, TN 37876

    $999,000
    3,000 sqft

    Commercially zoned development includes two-bedroom layouts with one bathroom per residence.

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    7-Unit Short-Term Rental Property
    7-Unit Short-Term Rental Property

    3804 Wears Valley Rd, Sevierville, TN 37862

    $945,000
    3,120 sqft

    Refurbished guest suites, event areas, and an additional C-2-zoned parcel support varied hospitality operations.

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    Four-Unit Duplex Property
    Four-Unit Duplex Property

    116 Hazel Drive, Sevierville, TN 37862

    $999,000
    1.14 AC lot

    Single-level residences offer open layouts, public utilities, and tenant-paid utility service.

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    Furnished 10-Unit Townhome Portfolio
    Furnished 10-Unit Townhome Portfolio

    1434 William Holt Blvd, Sevierville, TN 37862

    $2,325,000

    Furnished townhome portfolio with short-, mid-, and long-term rental flexibility.

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    19-Unit Mobile Home and RV Park
    19-Unit Mobile Home and RV Park

    2330 Maxwell Lane, Sevierville, TN 37876

    $1,250,000
    5.49 AC lot

    Income-producing park with established residential units and acreage supporting future planning.

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    Updated Short-Term Rental Cabin
    Updated Short-Term Rental Cabin

    1550 Bears Den Way, Sevierville, TN 37876

    $689,000
    2,016 sqft

    Fully furnished three-bedroom retreat with resort amenities, outdoor entertaining areas, and convenient access to area attractions.

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    Renovated Three-Unit Property
    Renovated Three-Unit Property

    2519 Ridge Rd, Pigeon Forge, TN 37863

    $1,250,000

    Three separate homes offer a renovated multifamily configuration near Pigeon Forge’s Parkway.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    721 W Casey Drive, Sevierville, TN 37862

    $1,599,900
    7,776 sqft

    Fully occupied multifamily property with updated interiors and private outdoor space for every residence.

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    Flexible Live-Work Property
    Flexible Live-Work Property

    249 Mill View Dr, Pigeon Forge, TN 37863

    $575,000
    2,414 sqft

    C-6 Commercial zoning accommodates office areas, living space, and a finished basement with separate access.

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    Full-Hookup RV Site
    Full-Hookup RV Site

    3208 Pebblebrook Way, Pigeon Forge, TN 37863

    $90,000
    0.01 AC lot

    RV site within a PUD community with resort amenities and access to Walden's Creek beach.

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    Duplex Homes with Natural Spring
    Duplex Homes with Natural Spring

    121 & 141 Spring St, Sevierville, TN 37862

    $599,900

    Two homes on 5.33 acres across four parcels, featuring city utilities and a natural spring at 121 Spring Street.

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    Remodeled Mixed-Use Property
    Remodeled Mixed-Use Property

    739 W Main St, Sevierville, TN 37862

    $399,000
    1,352 sqft 1.80 AC lot

    Two-bedroom, three-bath property with C-4 zoning and potential for office, residential, or short-term rental use.

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    Riverfront Log Cabin Land
    Riverfront Log Cabin Land

    2313 High View Rd, Sevierville, TN 37876

    $50,000
    0.97 AC lot

    Land along the Little Pigeon River with a one-bedroom log cabin near Wears Valley Road.

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    New Construction Duplex
    New Construction Duplex

    2515 Limestone Ct, Sevierville, TN 37876

    $679,000
    2,530 sqft

    Each residence includes stainless steel appliances and hookups for a washer and electric dryer.

    View details
    Multifamily Property with Multiple Parcels
    Multifamily Property with Multiple Parcels

    121-141 Spring Street, Sevierville, TN 37862

    $599,900
    1,787 sqft 5.33 AC lot

    Four-parcel residential property includes multiple homes, city utilities, storage buildings, and substantial open land.

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    RV Park with Existing Infrastructure
    RV Park with Existing Infrastructure

    1945 Bluff Mountain Rd, Sevierville, TN 37876

    $375,000
    2.12 AC lot

    The site has an established layout supported by on-property septic and water systems.

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    5-Bedroom Log Cabin Rental
    5-Bedroom Log Cabin Rental

    620 Chickasaw Gap Way, Pigeon Forge, TN 37863

    Contact for pricing
    2,808 sqft

    Remodeled cabin with ensuite bedrooms, entertainment amenities, covered decks, and a private hot tub.

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    10-Unit Apartment Building
    10-Unit Apartment Building

    721 West Casey Drive, Sevierville, TN 37862

    $1,599,900
    7,776 sqft

    Each residence includes washer/dryer connections, a covered front porch, and a private rear patio.

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    Two-Home Short-Term Rental Property
    Two-Home Short-Term Rental Property

    3694 Wilhite Road, Sevierville, TN 37876

    Contact for pricing
    2.50 AC lot

    Two separate residences support owner occupancy, dual rental use, or a combination of both.

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    Two-Residence Multifamily Property
    Two-Residence Multifamily Property

    227 Henderson Ave, Sevierville, TN 37862

    $249,900

    A backyard studio residence with its own kitchen and bathroom complements the primary two-bedroom home.

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    New Multifamily Community Development
    New Multifamily Community Development

    2222 Two Rivers Boulevard, Sevierville, TN 37876

    $35,250,000

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

    View details
    Turnkey Smoky Mountain Rental Portfolio
    Turnkey Smoky Mountain Rental Portfolio

    4137 Watson, Pigeon Forge, TN 37863

    Contact for pricing

    Four furnished vacation-rental properties combine mountain views, guest amenities, and established short-term rental operations.

    View details
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    Pigeon Forge, TN Multifamily Properties Market Trends and Statistics

    Explore 63 multifamily properties for sale in Pigeon Forge, TN, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 43,109 square feet of properties for sale, with an estimated market value of $56,203,499.

    Sale prices for multifamily properties in Pigeon Forge, TN start at $50,000, averaging $2,676,357, and reaching up to $35,250,000 — 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

    Commercial property segments ranked by active listings on the market

    Short term rental properties 15
    Mobile home & RV parks 5
    Apartment buildings 4
    Duplexes 3
    Triplexes 1

    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 $1.6M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Sevier County

    Retail

    Residential Income

    Property Size Breakdown

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

    How Realmo verifies these figures

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