$575,000
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, 7-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: - Seven 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.
Property details
- MLS
- East Tennessee REALTORS® MLS
- MLS #
- 1344805
- Property type
- Residential Income
- Subdivision
- N/A
- Status
- Active
- Days on market
- 107
- On market date
- June 16, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 486
- Student:teacher ratio
- 10.3:1
- District
- Campbell County
- Enrollment
- 444
- Student:teacher ratio
- 12.0:1
- District
- Campbell County
- Enrollment
- 0
- District
- Campbell County
Walkability
Blended score for LaFollette's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
Market position
How this listing compares to current activity in LaFollette, from live MLS data.
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 25 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.