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

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

157 days

167

6

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

Price history

Date	Event	Price
11/5/2025	Listed for sale	$2,490,000+55.6%$226/sqft
Source: East Tennessee Realtors #1320840 Report a problem
10/31/2024	Sold	$1,600,000$145/sqft
Source: East Tennessee Realtors #1277412 Report a problem
9/27/2024	Pending sale	$1,600,000$145/sqft
Source: GSMAR, GSMMLS #303120 Report a problem
9/23/2024	Listed for sale	$1,600,000$145/sqft
Source: GSMAR, GSMMLS #303120 Report a problem

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
2019	$4,247 -9.7%	$228,320
2018	$4,703 +0%	$228,320
2017	$4,703 0%	$228,320
2016	$4,704	$228,320 +11.6%
2015	--	$204,600 +0%
2014	$3,744	$204,587
2013	$3,744	$204,587
2011	$3,744	$204,587
2010	--	$204,587 +2.7%
2009	$3,316	$199,245
2008	$3,316 +13.7%	$199,245
2006	$2,917 -0.1%	$199,245 +21.8%
2004	$2,919 +13.3%	$163,599
2002	$2,575	$163,599
2001	--	$163,599 -60%
2000	--	$408,997