Pigeon Forge TN Multi Family for Sale
$1,499,999
244 Spring Valley Rd Pigeon Forge, TN 37863
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 1273702
View additional info
Courtesy: Silver Key Realty
423-405-5157
ADDITIONAL INFORMATION
Discover an exceptional investment opportunity in the heart of Pigeon Forge, Tennessee! This property features four charming cabins nestled on approximately 4 acres, offering both privacy and proximity to all the action. Located just a short walk from the bustling Parkway, these cabins are ideally situated for vacationers looking to experience the best of the Smoky Mountains. Each cabin is currently part of a successful rental program through Cabin USA, ensuring immediate income potential. The cabins are well-maintained, offering a cozy and inviting atmosphere with all the comforts of home. Guests will love the rustic charm, scenic surroundings, and convenient access to local attractions, dining, and entertainment. Beyond the existing cabins, this property boasts potential growth opportunities with ample space for additional building sites. Whether you're looking to expand the rental portfolio or create your own personal retreat, the possibilities are endless. Don't miss out on this rare chance to own a piece of Pigeon Forge with built-in income and room to grow. Contact me today to schedule a showing!
- Type:
- Multi-Family
- Sq.Ft.:
- 5,400
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1997
- Baths:
- MLS#:
- 1269272
- Subdivision:
- Legacy Condo S
View additional info
Courtesy: Realty Executives Southern Living
865-325-2616
ADDITIONAL INFORMATION
Investment Opportunity in Pigeon Forge, TN. Over 208K gross income. Explore this portfolio of 9 meticulously maintained 1-bedroom condominiums in central Pigeon Forge, TN. Strategically located within a commercially zoned area and operated as successful short-term rentals, these units are attractively priced below market value. Each unit boasts 600 square feet and is fully furnished with appliances, kitchenware, decor, and furnishings, ensuring immediate functionality and aesthetic appeal. Recent updates vary from each unit. Situated within a larger complex of 30 units, this STR portfolio represents a substantial portion of the building. HOA includes water, sewer, grounds maintenance, building exterior and trash pick up. Call to schedule your showing today!
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Pigeon Forge Real Estate
The median home value in Pigeon Forge, TN is $438,800. This is higher than the county median home value of $394,200. The national median home value is $338,100. The average price of homes sold in Pigeon Forge, TN is $438,800. Approximately 22% of Pigeon Forge homes are owned, compared to 20.95% rented, while 57.05% are vacant. Pigeon Forge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pigeon Forge real estate agent to arrange a tour today!
Pigeon Forge, Tennessee 37863 has a population of 6,362. Pigeon Forge 37863 is less family-centric than the surrounding county with 22.68% of the households containing married families with children. The county average for households married with children is 26.07%.
The median household income in Pigeon Forge, Tennessee 37863 is $50,711. The median household income for the surrounding county is $54,363 compared to the national median of $69,021. The median age of people living in Pigeon Forge 37863 is 43.5 years.
Pigeon Forge Weather
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 25.8 degrees. The average rainfall is approximately 48 inches per year, with 6 inches of snow per year.