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Mixed-Use Property with Apartments
For Sale
$800,000
Pending

128 Old Stinking Creek Rd, La Follette, TN 37766

Residential quarters sit alongside a gym, cafeteria, and a separate home across a fenced 6.81-acre property.

Property SizeContact for details
Days on Market12

Property Features for 128 Old Stinking Creek Rd

General Information

Standard status Pending
Property subtype Multi-Family

Amenities

Laminate,Vinyl,Other
true
296643.6
irregular
6.81
Off-Street Parking,Carport
Gas Grill,Prof Landscaped

Building Details

Year Built 1961
Listing Agency:
Listed By: Johnathan Duty
Source: Greaterimpactrealty
Added: Oct 19 Changed: Oct 28 Last Checked: Oct 28 at 4:48PM

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 Johnathan Duty

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Investment Insights

Based on property information with market context.

Set on 6.81 acres, this mixed-use property includes a former school building with 3 apartments, a bunk room, and laundry facilities. Additional space within the building could accommodate more apartments. A separate home sits uphill and has a front porch and a rear porch with an accessible ramp. A 20'x30' equipment shed and 3 RV sites are also on the property.

The gym contains a stage and bathroom. The adjacent cafeteria building has a 63'10'x12' storage room with a garage-door entrance. Fencing divides the grounds into 2 sections, each served by a gated driveway. The property is about 11 miles from Interstate 75 and minutes from Norris Lake. Built in 1961, it offers a mix of residential and school-related spaces across a substantial rural site.

Key Highlights

  • 6.81 acres with 2 fenced sections and 2 gated driveways
  • School building includes 3 apartments, a bunk room, and laundry facilities
  • Separate home has front and rear porches; rear access includes a ramp

Property Analytics

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Current Use

Clearfork Creek Lodge ... Vacation Rental

Suggested Use

Top Pick Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 37766, TN

18,011
Population
9,721
Households
1.9
Avg Household Size
44
Median Age
12%
College-Educated
82%
High-School Grad
137.3 sq mi
ZIP Area
131
Density / Sq Mi
$46,692
Median Household Income
$31,379
Median Earnings
$747
Median Rent
$160,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Mixed-use property - Residential quarters sit alongside a gym, cafeteria, and a separate home across a fenced 6.81-acre property.
Where is this mixed-use property located?
The property is located at 128 Old Stinking Creek Rd La Follette, TN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 6.81 acres with 2 fenced sections and 2 gated driveways; School building includes 3 apartments, a bunk room, and laundry facilities; Separate home has front and rear porches; rear access includes a ramp
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