Pigeon Forge Real Estate Search

Pigeon Forge Multi-Family Properties for Sale

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Newest Pigeon Forge Multi-Family Homes for Sale

2420 Riverbend Loop, Pigeon Forge
$1,250,000
5,184 SqFt. ⋅ 3598033 MLS ⋅ ACTIVE Status
Investment Opportunity – 4 Spacious Townhomes in Sevierville, Tennessee Excellent opportunity to acquire four spacious two-story townhomes in the heart of Sevierville, TN, one of the fastest-growing rental and tourism markets in East Tennessee. Currently with long term tenants Each unit features: • 2 large upstairs bedrooms • 2.5 bathrooms • Spacious multi-level floorplans • Private entrances • Consistent rental history • Regular maintenance and upkeep The properties are currently tenant occupied and rented below current market rates, creating immediate upside potential for increased cash flow and long-term appreciation. All four units are individually owned, providing flexibility for: • Portfolio investment • Individual resale opportunities • Long-term rentals • Executive or workforce housing • Short-term rental evaluation (buyer to verify regulations) Located just minutes from Sevierville, Pigeon Forge, Dollywood, shopping, dining, schools, and the Great Smoky Mountains, these units offer strong rental demand in a highly desirable area.

2420 Riverbend Loop, Pigeon Forge
4137 Watson Ct, Pigeon Forge
$2,300,000
5,731 SqFt. ⋅ 3594618 MLS ⋅ ACTIVE Status
INVESTMENT OPPORTUNITY | TURNKEY SHORT-TERM RENTAL PORTFOLIO 4 Properties | 5 Airbnb Listings | 8 Bedrooms + 1 Sleeping Room | 9 Bathrooms | Sleeps 26 | $237,035 Documented Gross Revenue in 2025 | Established STR Portfolio | 662 Verified Reviews Rare opportunity to own an established short-term rental portfolio in the heart of the Great Smoky Mountains. This unique offering includes four income-producing properties operating as five Airbnb listings throughout Pigeon Forge and Sevierville. Sold fully furnished and turnkey, the portfolio provides immediate cash flow, proven rental history, and a strong presence in one of the nation's most visited vacation destinations. The portfolio consists of Shine Ridge, a 2-bedroom cabin with mountain views, hot tub, arcade, and stone fireplace; Shine Valley #53, a 2-bedroom cabin with an additional sleeping room featuring panoramic mountain views, ensuite bedrooms, game loft, and community pool access; Tennorado Retreat, a 3-bedroom cabin offering a game room, fire pit, hot tub, and seasonal Dollywood fireworks views; and Loveland Hideaway Unit 2, a secluded 1-bedroom retreat featuring vaulted ceilings, a stone fireplace, private hot tub, fire pit, and peaceful wooded surroundings. An additional income advantage exists as Tennorado Retreat and Loveland Hideaway are situated on the same parcel, allowing them to be marketed together as a fifth rental option accommodating larger groups. The portfolio has generated 662 verified guest reviews and maintains a 4.88-star average rating, demonstrating a proven history of guest satisfaction and rental performance. All furnishings and future bookings convey with the sale, providing a turnkey investment opportunity with immediate income potential. Opportunities with documented income, extensive review history, and multiple revenue streams rarely become available in the Smoky Mountain market.

4137 Watson Ct, Pigeon Forge
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Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

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