Courtesy: Sundown Realty, Inc.
865-216-9224
Prime Pigeon Forge Duplex Opportunity! Located in the heart of Pigeon Forge, this well-situated duplex offers exceptional convenience to dining, shopping, and the area's most popular attractions. Each unit features two comfortable bedrooms and one full bathroom, providing a functional and inviting layout. Both units include an unfinished basement with a one-car garage, offering ample storage space and future expansion potential. Whether you're seeking an income-producing investment, a short-term rental opportunity, or a live-in-one, rent-the-other property, this duplex delivers versatility in a highly desirable location.
Courtesy: Karen Whitlock Realty
865-774-4848
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
Courtesy: MG Rise Real Estate Group
865-968-7473
Welcome to 129 Sugarfoot Way, a brand-new 16-unit condominium complex strategically located in the heart of Pigeon Forge, Tennessee - one of the Southeast's most dynamic tourism and investment markets. Nestled just minutes from the Parkway, Dollywood, and The Island, this property also enjoys walkable access to Publix grocery store, the popular Lumberjack Feud Show, a cluster of shops including the Pigeon Forge Cinema, and the Pigeon Forge Community Center with recreation facilities and pools. This unbeatable combination of convenience and entertainment offers unmatched appeal. Designed with modern efficiency and investor appeal in mind, the complex has never been occupied, ensuring low deferred maintenance and immediate income potential. Its location in Sevier County - welcoming over 13 million visitors annually - positions it as a rare opportunity for both short-term rental operators and long-term multifamily investors seeking premium returns. Unit Breakdown • 1-Bedroom Units (760 sq. ft.) Perfect for couples, professionals, or short-term rental guests seeking affordability and convenience. • 2-Bedroom Units (1,065 sq. ft.) Spacious layouts ideal for small families or extended stays, balancing comfort with strong rental demand. • 3-Bedroom Units (1,213 sq. ft.) Premium units designed for larger families or group rentals, maximizing nightly rates and long-term tenant appeal. This thoughtful mix of unit sizes ensures broad marketability across multiple tenant and guest demographics. Investment & ROI Potential • Pro-forma ROI: 19.25% Backed by strong rental demand, premium nightly rates, and minimal operating costs due to new construction. • Flexibility of Strategy: Operate as a short-term rental hub to capture tourism dollars. • Lease as long-term multifamily units for stable cash flow. • Pursue a condo conversion strategy, selling units individually at a premium. • Scarcity Value: With limited new multifamily inventory in Pigeon Forge, this asset stands out as a rare, high-yield opportunity.
Courtesy: Epique Realty
888-893-3537
$373,000+ combined gross income from Sept. 2024 to Aug. 2025 in this short term rental package comprising two cream of the crop cabins. Seller offering $25,000 buydown credit! Medium STR cabin located in the coveted Chalet Village where bookings continue through winter months. One-of-a-kind large STR cabin in Pigeon Forge with its own extremely rare outdoor swimming pool and real Canadian logs. Larger parties book these cabins months in advance. Turnkey for investors as the best Smokies property manager, in Seller's opinion, is willing to continue managing these top producing STR cabins for new owners though buyers are free to choose their own PM or self-manage. Close the deal in 2025 to capture bonus depreciation for self-managing buyers. Seller will help buyers with seamless transition including referrals for property manager and cost segregation analyst to capture bonus depreciation, transfer of VRBO reviews and ratings to buyer: 9.6 on large cabin (https://www.vrbo.com/3973745), and 10.0 on medium cabin (https://www.vrbo.com/4005922) .
Courtesy: Realty Executives Southern Living
865-325-2616
Investment Opportunity in Pigeon Forge, TN. $140K gross rental 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!
 |
| Real Estate listings held by other brokerage firms are marked with the name of the listing broker. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 Knoxville Area Association of Realtors. All rights reserved. |
Pigeon Forge is located in Tennessee. Pigeon Forge, Tennessee has a population of 6,362. Pigeon Forge is less family-centric than the surrounding county with 24.53% 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 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 is 43.5 years.
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.
