Great investment opportunity—Pigeon Forge, right off the parkway—great location! 16-unit apartment complex consisting of three large two-story buildings, 12 one-bedroom units and 4 two-bedroom units. All units are occupied, and some recent upgrades and remodels have been made. Showings are appointment only—call to set one up! Please note--the buildings were not built the same year. They were 1979, 1983, and 1990
For sale
$2,490,000
202 Spring Valley Rd, Pigeon Forge, TN 37863
--beds
0baths
11,036sqft
Est.:
Multi Family
Built in 1983
-- sqft lot
$-- Zestimate®
$226/sqft
$-- HOA
What's special
- 36 days |
- 221 |
- 10 |
Zillow last checked: 8 hours ago
Listing updated: November 05, 2025 at 02:18pm
Listed by:
Michael Cole 865-314-5881,
Karen Whitlock Realty 865-774-4848
Source: East Tennessee Realtors,MLS#: 1320840
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Laminate, Carpet
Interior area
- Total structure area: 11,036
- Total interior livable area: 11,036 sqft
Property
Parking
- Parking features: Off Street
Lot
- Size: 0.5 Acres
- Dimensions: 220.47 x 129.66 IRR
Details
- Parcel number: 095 048.01
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Frame, Other
Condition
- Year built: 1983
Community & HOA
Location
- Region: Pigeon Forge
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $599,700
- Annual tax amount: $3,947
- Date on market: 11/5/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2025 | Listed for sale | $2,490,000+55.6%$226/sqft |
Source: | ||
| 10/31/2024 | Sold | $1,600,000$145/sqft |
Source: | ||
| 9/27/2024 | Pending sale | $1,600,000$145/sqft |
Source: | ||
| 9/23/2024 | Listed for sale | $1,600,000$145/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2022 | $3,947 | $239,880 |
| 2021 | -- | $239,880 +5.1% |
| 2020 | $4,703 +10.8% | $228,320 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$11,067/mo
Principal & interest
$9655
Home insurance
$872
Property taxes
$540
Climate risks
Neighborhood: 37863
Nearby schools
GreatSchools rating
- 7/10Pi Beta Phi Elementary SchoolGrades: PK-6Distance: 4.5 mi
- 4/10Pigeon Forge Middle SchoolGrades: 7-9Distance: 3.5 mi
- 6/10Pigeon Forge High SchoolGrades: 10-12Distance: 3.6 mi
- Loading
- Loading






