Listing provided by: Mark Hunter · United Real Estate Solutions
Source: East Tennessee REALTORS® MLS · MLS# 1344805
Listing last updated
About this home
Remodeled 7-Unit Opportunity -- Two-Building Complex in Prime Norris Lake Area Investors, don't miss this turnkey income property with strong upside. This recently updated, two-building, 8-unit complex combines modern finishes with a hassle-free management profile -- ideal for multifamily portfolios or short-term rental operators looking to scale quickly. Highlights: - Eight fully renovated units across two buildings, thoughtfully updated for durability and market appeal. - Immediate cash flow: active rentals in place with attractive historical occupancy; excellent potential to increase rents or convert additional units to short-term stays. - Outstanding location: minutes from Norris Lake and close to ATV trails, camping, boating and outdoor recreation -- a major draw for vacationers and outdoor enthusiasts. - Excellent accessibility: conveniently located off the interstate with quick access to Lafollette, TN amenities including shops, dining, and services. - Investment-friendly pricing designed to facilitate a smooth transaction and fast close. Why this works for investors: - Dual use potential -- stable long-term rental income now, with strong seasonal demand for STRs. - Recent renovations reduce near-term capex and lower maintenance headaches. - Location draws both local renters and short-term guests year-round thanks to nearby recreation and easy highway access. This property is priced to move and presents a rare combination of current income, reduced immediate expense, and proven demand drivers. Contact me today to schedule a showing.
Facts & features
- Bathrooms: 0
- Heating: Central, Other, Electric
- Cooling: Central Cooling, Ceiling Fan(s)
- Included: Range, Refrigerator
- Flooring: Vinyl, Tile
- Windows: Windows - Insulated
- Total interior livable area: 4,040 sqft
- Parking features: On Premise Parking
- Attached garage: No
- Dimensions: 100x150
- Exterior features: Windows - Vinyl
- Parcel number: 085K F 00300 000
- Tax lot: 317/5&6
- Home type: Multi-Family
- Materials: Vinyl, Frame
- Year built: 1930
- County: Campbell County - 37
- MLS area: Campbell County - 37
- Region: LaFollette
- Price: $575,000
- Price per square foot: $142/sqft
- Annual tax: $2,715.43
- Listing terms: Cash, Conventional
- Date on market: Jun 16, 2026
- Days on market: 20
- Status: Active
- MLS #: 1344805
Location
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