2748 Florence Drive 9 units, Pigeon Forge, TN 37863

$2,299,500
Property Type: Multi-Family Square Footage: 5,400 Status: Active
Current Price: $2,299,500 List Date: 1/14/2025 Last Modified: 10/14/2025

Overview

Description

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!

Listing Details MLS# 1286945

Location Tax Legal Info

House #
2748
Street Name
Florence
St Suffix
Drive
State/Province
TN
Zip Code
37863
PIN #
083O B 023.00

Contract Info

Auction Y/N
No
Listing Price
2299500

General Property Description

SqFt – Total (Aprox)
5400
Lot Dimensions
irr
Number of Units
9
Utilities/Mo Avg
2160
Year Built
1997
Property Status
N/A
Restrictions
Yes
Driveway
designated parking
Lease Information
Airbnb & VRBO

Status Change Info

Status Change Date
2025-01-14

Location, Tax & Legal Info

Unit #
9 units
Area
Sevier County – 27
City/County Code
City Limits
Total Tax
3663.93

Remarks & Misc

Directions
From Parkway in Pigeon Forge turn onto Sharon Dr. Take first Right onto Florence Dr. Building on your left, see sign ''Legacy Condominiums''
Public Remarks
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!

More Information

Property Sub-Type

Other
Yes

Construction

Block
Yes

Type of Units

1 Bedroom Unit
Yes

Sale Includes

All Furnishings
Yes

Cooling

Central Cooling
Yes

Floors

Laminate
Yes
Tile
Yes
Vinyl
Yes

Garage/Parking

On Premise Parking
Yes

Fuel

Electric
Yes

Heat

Central
Yes

Other Rooms

Family Room
Yes

Roof

Shingle
Yes

New Financing

Cash
Yes
Conventional
Yes
Exchange
Yes

Property Features

Property Sub-Type: Other Type of Units: 1 Bedroom Unit Sale Includes: All Furnishings Floors: Laminate; Tile; Vinyl Fuel: Electric Heat: Central Cooling: Central Cooling Construction: Block Roof: Shingle Other Rooms: Family Room New Financing: Cash; Conventional; Exchange
Listing Office: Realty Executives Southern Living
IDX
Office Phone: 865-325-2616
Last Updated: October – 14 – 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.