Remodeled Multifamily Property with
For Sale
$390,000
2761 Highway 411, Madisonville, TN 37354
MULTI_FAMILY - Madisonville, TN
Property Size2,734 SF
Price / SF$142.65
Days on Market51
Property Features for 2761 Highway 411
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Underground/Basement
Window features
Aluminum Frames
Patio and Porch features
Porch
Exterior features
Detached Workshop
Appliances
Dishwasher, Range, Refrigerator, Self Cleaning Oven
Elementary school
Madisonville Intermediate
Middle school
Madisonville Middle
High school
Sequoyah
Directions
Take highway 411 south through Vonore toward Madisonville. home will be on your left right before Sequoyah High School and directly across the street from 411 Express Lube.
Subdivision
Monroe County - 33
Standard status
Active
APN
047 027.00
Size
2,734 SF
Taxes and HOA fees
Tax Annual Amount
1006
Utilities
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Central Air
Building Details
Year built
1977
Number of units
2
Building materials
Vinyl Siding, Aluminum Siding, Frame
Roof type
Metal
Additional Structures
Workshop
Listing Agency:
Lakefront Living, On the Lake
(423) 519-3258
Listed By:
Kody Millikan · License #342044
(423) 519-3258
Added: Jun 16
Changed: Aug 4
Last Checked: Aug 5 at 9:06AM
MLS# 1344858
Copyright © 2026 East Tennessee Realtors®. 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 multifamily property at 2761 Highway 411 includes two remodeled residences and additional improvements across a wooded setting. The primary home offers 3 bedrooms, 2 full baths, an open layout, an unfinished basement, and a 1-car garage. A second remodeled mobile home provides another 3-bedroom, 2-bath residence and measures 16 by 80 feet. The property also includes a large detached workshop or barn with a concrete floor, along with mature fruit trees and a Muscadine vine.
A third homesite is equipped with a separate septic system, city water, and electric hookup. The site has 200 feet of Highway 411 frontage and is located in Madisonville, Tennessee. Additional property features include a porch, metal roofing, vinyl and aluminum siding, central air, and electric heat-pump heating. The primary residence is listed at 2,734 square feet, and the property was built in 1977.
A third homesite is equipped with a separate septic system, city water, and electric hookup. The site has 200 feet of Highway 411 frontage and is located in Madisonville, Tennessee. Additional property features include a porch, metal roofing, vinyl and aluminum siding, central air, and electric heat-pump heating. The primary residence is listed at 2,734 square feet, and the property was built in 1977.
Key Highlights
- Two remodeled residences: a 3‑bedroom, 2‑bath home and a 3‑bedroom, 2‑bath mobile home
- Mobile home measures 16X80
- Third homesite has separate septic, city water, and electric hookup
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 37354, TN
17,535
Population
7,370
Households
2.4
Avg Household Size
43
Median Age
13%
College-Educated
84%
High-School Grad
117.6 sq mi
ZIP Area
149
Density / Sq Mi
$53,547
Median Household Income
$35,667
Median Earnings
$796
Median Rent
$209,100
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?
Multifamily property - Two updated residences, a separate homesite, and substantial outbuilding space create a flexible residential income property.
Where is this multifamily property located?
The property is located at 2761 Highway 411 Madisonville, TN.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Two remodeled residences: a 3‑bedroom, 2‑bath home and a 3‑bedroom, 2‑bath mobile home; Mobile home measures 16X80; Third homesite has separate septic, city water, and electric hookup
