2020 Ridge Road Pigeon Forge, TN 37863

$399,000
2020 Ridge Road, Pigeon Forge, TN 37863
Call 1-800-839-1363
563489

Multi-Family Home for sale in Pigeon Forge, TN

for $399,000. This 3,840 square foot home was built in 1999 on a lot size of 1.23 Acre(s).

Property Information

  • $399,000
  • Multi-Family
  • 3,840 Square Feet
  • Apartment
  • Active
  • Lot size of 1.23 Acre(s)
  • Built in 1999
  • Pigeon Forge, TN
  • Sevier County
  • MLS/Web ID is 563489

 Virtual Tour

Description

Investment Opportunity in Pigeon Forge! Located just minutes from the heart of Pigeon Forge is Ridge Top Condos. Privately owned, this complex has eight single rooms and four two room suites. The property is zoned R-2, high-density residential, and is currently connected to the Pigeon Forge sewer system. The condos sit on a 1.2 acre tract that has plenty of room for additional growth and expansion. Many of the local workers use the condos for seasonal housing. The current owners rent on a weekly, biweekly, or monthly basis, and these units stay full year round. If you are looking for rental income with location, location, location, then look no further! Feel free to drive by anytime and inspect the units from the outside.

Listed By

Broker: JACKSON REAL ESTATE AND AUCTION

2020 Ridge Road, Pigeon Forge, TN, 37863 is a Multi-Family Home for sale at $399,000 with 3,840 sqft and a lot size of 1.23 Acre(s). 2020 Ridge Road has 0.0 baths and was built in 1999. The property's zip code is 37863 which is in Pigeon Forge, TN

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Pricing History

Date Price Price Change Description
5/18/2017 $399,000 -11.33 % Price Change
7/17/2015 $450,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Pigeon Forge $504,923 27 % above $279,000 30 % below
Multi-family listings in Pigeon Forge $349,300 12 % below $399,000 0 % below

Get the facts about Pigeon Forge, TN!

Population 6,357
Population Growth (since 2000) 17 %
Median Income $35,176
Median Age 39.97
Households w/ Children 24 %

Residential Dwellings

  • Owned 1328
  • Vacant 2466
  • Rented 1105

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or Call us at 1-800-839-1363