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$2,299,500

2748 Florence Drive 9 units, Pigeon Forge, TN 37863
Pigeon Forge, TN 37863
Listed by Daria Turner · Whaley Realty CRL, LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1997

About this home

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!

Property details

MLS #
1286945
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
767
On market date
January 14, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Pigeon Forge Intermediate
1.23 mi away · Grades 3-6
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
414
Student:teacher ratio
15.3:1
District
Sevier County
Middle
Pigeon Forge Junior High School
0.7 mi away · Grades 7-9
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
453
Student:teacher ratio
11.0:1
District
Sevier County
High
Pigeon Forge High School
0.84 mi away · Grades 10-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
430
Student:teacher ratio
10.2:1
District
Sevier County

Walkability

Blended score for Pigeon Forge's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

55
Somewhat walkable
out of 100
EPA National Walkability Index
7.0 / 20 -- Below average walkable
Google Places amenity density
85 / 100
Restaurants & cafes20
Grocery stores8
Parks8
Schools0
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Pigeon Forge, from live MLS data.

On the market 767 days -- 639 more days than Pigeon Forge's current average of 128 days.
For reference, the median list price across 230 active listings in Pigeon Forge right now is $522,400.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$13,998/mo
$459,900 down
$1,839,600 loan
Principal & interest$11,932
Property tax (est.)$1,916
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated August 6, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.