Three-Home Multifamily
For Sale
$325,000
123 Substation Rd, Mooresburg, TN 37811
Unrestricted land includes three residences with separate driveways, covered porches, and electric meters.
Property Size2,036 SF
Lot Size1.68 Acres
Price / SF$159.63
Days on Market16
Property Features for 123 Substation Rd
General Information
Standard status
Active
Size
2,036 SF
Lot size
1.68 Acres
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$768
Building Details
Buildings
3
Listing Agency:
RE/MAX Real Estate Ten Midtown
(423) 748-8811
Listed By:
Amy Shrader · License #324868
(423) 748-8811
Source:
Exprealty
Added: Jul 24
Changed: Aug 8
Last Checked: Aug 8 at 7:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Real Estate Ten Midtown
Investment Insights
Based on property information with market context.
This 1.68-acre multifamily property contains three separate residences totaling 2,036 square feet. The primary home offers three bedrooms and two baths and was remodeled in 2020. A second residence provides two bedrooms and one bath, while the 12x32 tiny home includes a full kitchen, full bath, and stackable washer and dryer. Each dwelling has its own covered porch, driveway, and electric meter.
Additional improvements include two detached carports, a 648-square-foot garage, and three storage buildings. The land is unrestricted, and Cherokee Lake access is located one tenth of a mile from the driveway. The property is addressed in Mooresburg, Tennessee, in Hawkins County, with access from Substation Road near Hwy 11W.
Additional improvements include two detached carports, a 648-square-foot garage, and three storage buildings. The land is unrestricted, and Cherokee Lake access is located one tenth of a mile from the driveway. The property is addressed in Mooresburg, Tennessee, in Hawkins County, with access from Substation Road near Hwy 11W.
Key Highlights
- Three residences on 1.68 unrestricted acres
- 3‑bedroom, 2‑bath home remodeled in 2020
- 2‑bedroom, 1‑bath second residence
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Paved road access
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Unrestricted land includes three residences with separate driveways, covered porches, and electric meters.
Where is this multifamily property located?
The property is located at 123 Substation Rd 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: Three residences on 1.68 unrestricted acres; 3‑bedroom, 2‑bath home remodeled in 2020; 2‑bedroom, 1‑bath second residence
