$2,490,000

202 Spring Valley Rd Sevierville, TN 37863

Estimated payment $13,414/month

Total Views 6,733
20 Beds
20 Baths
11,036 Sq Ft
$226 Price per Sq Ft

Highlights

  • 0.5 Acre Lot
  • Traditional Architecture
  • Covered Patio or Porch
  • Catons Chapel Elementary School Rated A-
  • No HOA
  • Laundry closet

About This Home

Great investment opportunity—Pigeon Forge, right off the parkway—great location! 16-unit apartment complex consisting of three large two-story buildings. There are 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

Listing Agent

Michael Cole

Karen Whitlock Realty License #298242 Listed on: 11/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,947

Year Built

  • Built in 1983

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 11,036 Sq Ft Home
  • 2-Story Property
  • Electric Range
  • Laundry closet

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 20 Full Bathrooms

Parking

  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Pigeon Forge Primary Elementary School
  • Pigeon Forge Junior High
  • Pigeon Forge High School

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 095 04801 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,947

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Zoning: C2
  • Current Use: Multi-Family, Residential
  • Reso Property Sub Type: Multi Family
  • NumberUnfurnished: Unfurnished
  • ResoLaundryFeatures: Common Area, Laundry Closet
  • ResoLotFeatures: City Lot, Level
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 11036.0
  • Architectural Style: Traditional
  • Fireplace: No
  • Reso Flooring: Carpet, Luxury Vinyl, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal New Construction YN: No
  • Location Tax and Legal Parcel Number2: 095 04801 000
  • Location Tax and Legal Tax Lot2: 0
  • Location Tax and Legal:Tax Annual Amount: 3946.51
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Lot Size Acres: 0.5
  • General Property Information Above Grade Finished Area: 11036.0
  • General Property Information Bonus Room YN2: No
  • General Property Information:Furnished: Unfurnished
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • General Property Information Lot Size Dimensions: 220.47 X 129.66 IRR
  • Utilities Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Foundation Details Slab: Yes
  • General Property Information:Stories Total: 2
  • General Property Information Fireplace YN: No
  • Flooring Luxury Vinyl: Yes
  • Location Tax and Legal Elementary School: Pigeon Forge Primary
  • Location Tax and Legal Middle Or Junior School2: Pigeon Forge Junior High
  • Location Tax and Legal High School: Pigeon Forge High
  • Architectural Style Traditional: Yes
  • Flooring:Carpet: Yes
  • Utilities Sewer Connected: Yes
  • Laundry Features Laundry Closet: Yes
  • Flooring:Vinyl: Yes
  • Laundry Features Common Area2: Yes
  • Parking Features Open Parking YN4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: None
  • Appliances: Electric Range, Refrigerator
  • Street Number Modifier: 202
  • Full Bathrooms: 20
  • Total Bedrooms: 20
  • Stories: 2
  • Appliances:Electric Range: Yes
  • Basement:None3: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.5
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:City Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Pigeon Forge High
  • Middle Or Junior School: Pigeon Forge Junior High

Lot Info

  • Lot Dimensions: 220.47 X 129.66 IRR
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 095 04801 000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3946.51
  • Tax Lot: 0

MLS Schools

  • Elementary School: Pigeon Forge Primary

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2025 11/05/25 For Sale $2,490,000 +55.6% $226 / Sq Ft
10/31/2024 10/31/24 Sold $1,600,000 0.0% $145 / Sq Ft View Prior Sale
09/27/2024 09/27/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $1,600,000 -- $145 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

About the Listing Agent

Michael Cole
Michael Cole

Karen Whitlock Realty

(865) 448-7519

Section Image

View Michael's Profile

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Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 308971

Great Smoky Mountains Association of REALTORS®
Tennessee Sevier County Sevierville 37863

202 Spring Valley Rd, Sevierville, TN

For Sale

MultiFamily

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Great Smoky Mountains Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS®. All rights reserved.

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Michael Cole
Michael Cole
Listing Agent Section Image
Karen Whitlock Realty
(865) 448-7519