Triplex with Lake
For Sale
$325,000
123 Substation Road, Mooresburg, TN 37811
Multi Family, Mooresburg, TN
Property Size2,036 SF
Lot Size1.68 Acres
Price / SF$159.63
Days on Market47
Property Features for 123 Substation Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 6, Basement, Bedroom 5, Bathroom 2, Bedroom 3
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
Electric (Heating), Central
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
(423) 581-8881
Listed By:
Amy Shrader · License #324868
(423) 748-8811
Added: Jul 24
Changed: Sep 8
Last Checked: Sep 8 at 5:06PM
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 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.
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
Property Profile
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
Questions? Ask Rey
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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 $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; 12x32 tiny home with full kitchen, full bath, and stackable washer and dryer
