2420 Riverbend Loop Pigeon Forge, TN 37863
Pigeon Forge AreaEstimated payment $7,079/month
Highlights
- No HOA
- Central Heating and Cooling System
- Ceiling Fan
- Tile Flooring
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,340
Year Built
- Built in 1978
Home Design
- Quadruplex
- Frame Construction
- Metal Roof
Interior Spaces
- 5,184 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Washer and Electric Dryer Hookup
Flooring
- Carpet
- Tile
Parking
- 10 Parking Spaces
- Gravel Driveway
- 10 Open Parking Spaces
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 083 00904 000
Community Details
Overview
- No Home Owners Association
- 4 Units
- Riverbend Townehouse Condo Subdivision
Building Details
- Operating Expense $16,100
- Gross Income $49,200
- Net Operating Income $33,100
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2026 09/23/26 | For Sale | $1,250,000 | -- | $241 / Sq Ft |
About the Listing Agent
Over 20 years of experience in real estate investing and property management. Professional certification in Interior Architecture and an award winning instructor in the UCLA Department of Arts.
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Ask me questions while you tour the home.