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    154 Shadow Wood Ln Surgoinsville, TN 37873

    For Sale
    $749,000

    MULTI_FAMILY - Surgoinsville, TN

    Property size:
    4,850 SF
    Lot size:
    13.00 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 154 Shadow Wood Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Double Pane Windows, Single Pane Window(s)
    Zoning
    cm ag
    Rooms
    Basement
    APN
    041 28.00 041 80.05
    Parking features
    Driveway
    Patio and Porch features
    Deck
    Basement
    Crawl Space
    Appliances
    Electric Range, Refrigerator
    Size
    4,850 SF
    Lot size
    13.00 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Ceiling Fan(s), Heat Pump
    Water source
    Public

    Building Details

    Year built
    1990
    Floors in Building
    1
    Number of units
    12
    Flooring type
    Laminate, Carpet
    Building materials
    Masonite, Vinyl Siding
    Roof type
    Metal, Composition

    Greater Kingsport Realty (423) 433-6500 [email protected]

    Listing agent Frank Marsh (423) 340-2228 License #218974

    Listing date Nov 24, 2025

    MLS# 9984352 Listing URL

    Copyright © 2025 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.

    Overview

    Surgoinsville Multifamily Investment Opportunity

    This multifamily property in Surgoinsville, Tennessee, presents a great investment opportunity. The property includes 10 mobile homes, with 3 new and others remodeled, as well as 2 campers and one camper lot. All units are currently rented. Each unit has separate electric, and the property has 3 water meters. The property features electric heat pumps. There is room for additional units to be added, increasing the income potential. The current monthly income is $8450.00. The owner lives in a 3-bedroom, 2-bath unit, which could rent for $1200+, bringing the total potential monthly income to $9650.00. The property size is 4850 square feet and sits on a 13-acre lot. The zoning is cm ag. The property includes 1705 Carters Valley Road. This is a great investment opportunity with the potential for additional income by adding more units. The seller is ready to retire and give someone else the opportunity for a great investment.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Surgoinsville
    County
    Hawkins
    State
    Tennessee
    Longitude
    -82.836585
    Latitude
    36.513606

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    FAQs

    What type of property is this?
    Mobile home & RV park - Multifamily property with income potential in Surgoinsville, Tennessee.
    Where is this mobile home & rv park located?
    The property is located at 154 Shadow Wood Ln Surgoinsville, TN.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Current monthly income of $8450 from existing rentals, with potential to reach $9650+ by renting the owner's residence.; - Includes 10 mobile homes (3 new, others remodeled), 2 campers, and one camper lot, all currently rented.; - Opportunity to increase income by adding more rental units to the property.
    (423) 340-2228
    Request Owner's contact information
    154 Shadow Wood Ln Surgoinsville, TN 37873
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    Surgoinsville, TN 37873
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    154 Shadow Wood Ln Surgoinsville, TN 37873
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