Search
4-Unit Mobile Home Property
For Sale
$259,000

284 Payne Circle, Tazewell, TN 37879

Four residences share a parcel, with one occupied home and three others at different stages of rental readiness.

Property Size3,688 SF
Lot Size3.64 Acres
Price / SF$70.23
Days on Market38

Property Features for 284 Payne Circle

General Information

Standard status Active
Size 3,688 SF
Lot size 3.64 Acres
Property subtype Multi Family Home

Units

Unit Mix 3 x singlewide, 1 x doublewide
Multifamily Units 4
Mobile Home Lots 4
Park-Owned Homes 4

Additional Details

Average Monthly Rent $750
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $473

Amenities

storage sheds

Building Details

Building Size 3,688 SF
Year Built 1981
Buildings 4
Units 4
Tenancy Single
Listing Agency: Realty Executives Associates
Listed By: Tammie Hill · License #1828
Source: Creekcountryrealestate
Added: Sep 16 Changed: Oct 23 Last Checked: Oct 23 at 4:35PM

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.

This 3.64-acre multifamily property contains four mobile homes totaling 3,688 square feet. The property was built in 1981, and each home has a storage shed. One singlewide is occupied by a long-term tenant. The doublewide is vacant and ready to rent; another singlewide needs some work before it can be rented, while the smallest home requires a full renovation.

Tenants are responsible for utilities and mowing. The homes present distinct occupancy and repair conditions across the property.

Key Highlights

  • Four mobile homes on 3.64 acres
  • 3,688 square feet; built in 1981
  • One singlewide is occupied by a long‑term tenant

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Lease Details

4
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby

Demographics for 37879, TN

10,490
Population
5,534
Households
1.9
Avg Household Size
44
Median Age
13%
College-Educated
79%
High-School Grad
175.2 sq mi
ZIP Area
60
Density / Sq Mi
$42,848
Median Household Income
$36,718
Median Earnings
$749
Median Rent
$136,200
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 - Four residences share a parcel, with one occupied home and three others at different stages of rental readiness.
Where is this multifamily property located?
The property is located at 284 Payne Circle Tazewell, TN.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Four mobile homes on 3.64 acres; 3,688 square feet; built in 1981; One singlewide is occupied by a long‑term tenant
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved