Remodeled Triplex with Lake
For Sale
$325,000
123 Substation Road, Mooresburg, TN 37811
MULTI_FAMILY - Other - Mooresburg, TN
Property Size2,036 SF
Lot Size1.68 Acres
Price / SF$159.63
Days on Market39
Property Features for 123 Substation Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Basement, Bedroom 1, Bedroom 6
Parking features
Carport
Patio and Porch features
Porch, Deck
Interior features
Handicap Modified, Remodeled, Shower Only
Basement
Crawl Space
Accessibility
Accessible Approach with Ramp
Appliances
Dryer, Electric Range, Refrigerator, Washer
Subdivision
Not In Subdivision
Elementary school
Mooresburg
Middle school
Rogersville
High school
Cherokee
Directions
Highway 11W North. Right on Substation. Property on left
Standard status
Active
APN
132 123.00
Size
2,036 SF
Lot size
1.68 Acres
Taxes and HOA fees
Tax Annual Amount
769
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Water front features
Lake
Water front
1
Building Details
Year built
1985
Floors in Building
1
Number of units
3
Flooring type
Carpet, Laminate, Vinyl
Building materials
Metal Siding, Vinyl Siding
Roof type
Metal
Architectural style
Other
Additional Structures
Storage
Listing Agency:
REMAX Real Estate Ten of Morristown
(423) 581-8881
Listed By:
Amy Shrader · License #324868
(423) 748-8811
Added: Jul 24
Changed: Aug 2
Last Checked: Aug 31 at 6:06AM
MLS# 9998629
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex-style property includes three homes on one parcel: a remodeled 3-bedroom, 2-bath home completed in 2020, a 2-bedroom, 1-bath home, and a 12x32 tiny home with a full kitchen, full bath, and stackable washer and dryer. Each home has its own covered porch and its own driveway, and each has a separate electric meter. Two detached carports are included, along with a 648 square foot garage for boat storage and three storage buildings.
The land is unrestricted at 1.68 acres and has Cherokee Lake access approximately one tenth of a mile from the driveway. Water is public and the septic system is a septic tank. Heating is electric with central systems and cooling is central air.
Originally built in 1985, the property is constructed with metal siding and vinyl siding and features laminate, vinyl, and carpet flooring. The roof is metal. Cable is available.
The land is unrestricted at 1.68 acres and has Cherokee Lake access approximately one tenth of a mile from the driveway. Water is public and the septic system is a septic tank. Heating is electric with central systems and cooling is central air.
Originally built in 1985, the property is constructed with metal siding and vinyl siding and features laminate, vinyl, and carpet flooring. The roof is metal. Cable is available.
Key Highlights
- 1.68 unrestricted acres with access to Cherokee Lake approximately 0.1 mile from the driveway
- 2020 top‑to‑bottom remodeled 3‑bedroom, 2‑bath home plus 2‑bedroom, 1‑bath home and 12x32 tiny home
- Each home has its own covered porch, its own driveway, and its own electric meter
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 37811, TN
3,507
Population
2,233
Households
1.6
Avg Household Size
50
Median Age
16%
College-Educated
87%
High-School Grad
38.6 sq mi
ZIP Area
91
Density / Sq Mi
$44,880
Median Household Income
$36,004
Median Earnings
$711
Median Rent
$152,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three separate homes on one parcel, including a 2020 top-to-bottom remodeled residence near Cherokee Lake access.
Where is this triplex located?
The property is located at 123 Substation Road Mooresburg, TN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 1.68 unrestricted acres with access to Cherokee Lake approximately 0.1 mile from the driveway; 2020 top‑to‑bottom remodeled 3‑bedroom, 2‑bath home plus 2‑bedroom, 1‑bath home and 12x32 tiny home; Each home has its own covered porch, its own driveway, and its own electric meter
