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Three-Home Multifamily Property
For Sale
$250,000
Pending

130 Donahue Road, Luttrell, TN 37779

Two residences are tenant-occupied, with a third mobile home undergoing renovation.

Property Size321,908 SF
Lot Size7.39 Acres
Days on Market141

Property Features for 130 Donahue Road

General Information

Standard status Pending
Size 321,908 SF
Lot size 7.39 Acres
Property subtype Lots & Acreage

Land

Topography level with gentle rolling slope
Land Use agricultural, recreational

Additional Details

Fenced Yard Yes
Multifamily Units 3
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $255

Amenities

True

Building Details

Buildings 3
Listing Agency: Realty Executives Associates
Listed By: Linda Meese
Source: Compass
Added: Jun 12 Changed: Oct 28 Last Checked: Oct 28 at 10:57AM

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 Realty Executives Associates

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property includes three mobile homes on approximately 7.39 acres. Two homes have tenants in place; work on the third is nearing completion. The homes and other improvements are being sold as-is, with no seller repairs planned.

The land is mostly level with a gentle slope, fenced for cattle, and bordered by a creek. Its existing features support continued residential rental use or agricultural and recreational use.

Key Highlights

  • Three mobile homes on approximately 7.39 acres
  • Two mobile homes are occupied by tenants
  • Renovation of the third mobile home is nearing completion

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Storage Facility Restaurant

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

Lease Details

3
Residential units
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 37779, TN

3,812
Population
1,554
Households
2.5
Avg Household Size
43
Median Age
10%
College-Educated
86%
High-School Grad
34.6 sq mi
ZIP Area
110
Density / Sq Mi
$51,159
Median Household Income
$37,474
Median Earnings
$829
Median Rent
$160,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Multifamily property - Two residences are tenant-occupied, with a third mobile home undergoing renovation.
Where is this multifamily property located?
The property is located at 130 Donahue Road Luttrell, TN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Three mobile homes on approximately 7.39 acres; Two mobile homes are occupied by tenants; Renovation of the third mobile home is nearing completion
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