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9-Unit Apartment Building
For Sale
$700,000

402 E Forrest St, La Follette, TN 37766

The unit mix comprises eight one-bedroom apartments and one two-bedroom apartment.

Property SizeContact for details
Days on Market71

Property Features for 402 E Forrest St

General Information

Standard status Active
Property subtype Multi Family Home

Units

Unit Mix 8 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 9

Taxes and HOA fees

Annual Taxes $3,731

Amenities

Walk-In Closet(s)
Windows - Vinyl

Building Details

Year Built 1939
Units 9
Listing Agency: Carter Chase Realty, LLC
Listed By: James Hoppa
Source: Carterchaserealty
Added: Aug 14 Changed: Oct 22 Last Checked: Oct 22 at 2:22PM

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 Carter Chase Realty, LLC

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Investment Insights

Based on property information with market context.

This 9-unit apartment property at 402 E Forrest St in LaFollette was built in 1939. The apartments comprise eight 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit.

Downtown LaFollette is less than a minute away. A local country club, with a swimming pool and 9-hole golf course, is approximately 5 minutes from the property.

Key Highlights

  • Nine apartments: eight 1‑bedroom/1‑bathroom units and one 2‑bedroom/1‑bathroom unit
  • Built in 1939
  • Less than a minute from downtown LaFollette

Property Analytics

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Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

358
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
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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?
Apartment building - The unit mix comprises eight one-bedroom apartments and one two-bedroom apartment.
Where is this apartment building located?
The property is located at 402 E Forrest St La Follette, TN.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Nine apartments: eight 1‑bedroom/1‑bathroom units and one 2‑bedroom/1‑bathroom unit; Built in 1939; Less than a minute from downtown LaFollette
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