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Triplex with Lake Access
For Sale
$289,900

123 Substation Road, Mooresburg, TN 37811

Multi Family, Mooresburg, TN

Property Size2,036 SF
Lot Size1.68 Acres
Price / SF$142.39
Days on Market93

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 1, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 3, Basement, Bedroom 2
Parking features Carport
Patio and Porch features Deck, Porch
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 Central, Electric (Heating)
Cooling system Central Air
Water source Public
Water front features Lake
Water front 1

Amenities

covered porch
stackable washer and dryer
storage buildings

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
Listed By: Amy Shrader · License #324868
Added: Jul 24 Changed: Oct 17 Last Checked: Oct 24 at 5:06AM
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.

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Investment Insights

Based on property information with market context.

This triplex property comprises three separate residences on 1.68 unrestricted acres. The main home offers 3 bedrooms and 2 baths and was remodeled in 2020; a second home provides 2 bedrooms and 1 bath. A 12x32 tiny home adds a full kitchen, full bath, and stackable washer and dryer. Each residence has its own covered porch, driveway, and electric meter.

Additional improvements include two detached carports, three storage buildings, and a 648-square-foot garage suitable for boat storage. Public water and septic service support the property, with central heating and cooling in the homes. Cherokee Lake access is one tenth of a mile from the driveway, and the property is located off Hwy 11W in Hawkins County.

Key Highlights

  • Three residences on 1.68 unrestricted acres
  • 3‑bedroom, 2‑bath home remodeled in 2020
  • 12x32 tiny home with full kitchen, full bath, and stackable washer and dryer

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three separate residences with private drives, covered porches, and individual electric meters.
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 $289,900.
What are key features of this property?
This property features: Three residences on 1.68 unrestricted acres; 3‑bedroom, 2‑bath home remodeled in 2020; 12x32 tiny home with full kitchen, full bath, and stackable washer and dryer
More about this property
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