$1,600,000
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202 Spring Valley RD, Sevierville, TN 37863

- Beds
0 Baths
11,036 Sq Ft

Worried about your financial future? Don't trust ss, economy? What about buying a 16 unit complex in 3 buildings that have been there for awhile and live in one unit and manage the rest. There are 3 bldgs, & one resident has been there 20 years. First bldg (#221) has 6 one bdr apts Each unit has it's own Central h/a, utility rooms, kitchen appliances,this is only bldg where city water/sewer paid by selller. Built in 1983 by Mr. Whaley who was a builder. 2nd bldg ( 231) was built in 1990 has 6 one bdr apts. These units do not have utility rooms. Tenant pays for wat/sewer, electricity. Last Bldg (#235) has 4 two bdr units. First two bldgs just got the railings stained, first building just got new roof. 4 units have been remodeled with lpv & new paint. One unit was not painted but had lpv put down. Rest are in carpet. They get upgraded when someone moves out, but most never leave. Rent has been very cheap for long time. The trust was then distributed & seller has owned it since 12-29-22 & is trying to get rents up to where they should be & increases them when leases are up by at least $100.Goal is to get all 1 bdr to $900 & $1200 for 2 bdr. The rooms are good size and all 3 bldgs are two levels. The location is wonderful for people that like to walk to work, or don't have care. Would be great for one of the big amusement owners to buy this for their employees! Owner supply mini blinds for the units. 16 units in all. First Two Buildings the upstairs railings just got stained. bldg 235 just got new roof.

  • MLS# 1277412
  • Date Listed09/20/2024
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.5 acres (21,712 sq. ft)
  • Subdivision other
  • County Sevier County - 27
  • Year Built 1983
  • Square Feet 11,036 sq. ft
  • Price Per Sq. Ft $144.98

Interior Features

  • Appliances Dishwasher, Range, Refrigerator
  • Flooring Laminate, Carpet
  • Cooling Central Air
  • Heating Central, Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.50
  • Lot Size SQFT 21,712.00
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in TN / 37863

Source: Walk Score

13/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

17/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 14/100.

Property Change History

Property Heating updated
Electric HeatingCentral, Electric
Property description updated with new details

Points of Interest near 202 Spring Valley Rd, Sevierville, TN 37863

Frequently Asked Questions for 202 Spring Valley Rd

Source: Realty.com

202 Spring Valley Rd, Sevierville, TN 37863 is a Multi Family, Residential Income property listed for $1,600,000 The property is 11036 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 24 photos of 202 Spring Valley Rd.

Our records indicate that 202 Spring Valley Rd was built in 1983.

The full address for this home is 202 Spring Valley Rd, Sevierville, TN 37863.

202 Spring Valley Rd has been listed on Realty.com since Fri September 20, 2024

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 14/100.

There are 3 schools assigned to this home. Check out the schools near 202 Spring Valley Rd. Pi Beta Phi Elementary School (Grades: PK - 6), Pigeon Forge Middle School (Grades: 7 - 9), Pigeon Forge High School (Grades: 10 - 12)

Listing provided courtesy of: Karen Whitlock Realty (tel: 865-774-4848)
Listing agent: Karen Whitlock (tel: 865-591-0309) (#216893)

This content last refreshed on 2026-03-08 07:31:13. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 202 Spring Valley Rd, Sevierville, TN 37863 : MLS# 1277412