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Multifamily Compound with Mobile Homes
For Sale
$1,350,000
Pending

427-439 Thorngrove Pike, Kodak, TN 37764

Two residences, a separate work facility, and rural land support multiple on-site uses without HOA restrictions.

Property Size2,931 SF
Days on Market114

Property Features for 427-439 Thorngrove Pike

General Information

Standard status Pending
Size 2,931 SF
Property subtype Multi-Family

Amenities

Central Cooling
Yes
True
Central, Electric
Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven
Detached Workshop
Vinyl, Other

Building Details

Year Built 2020
Listing Agency: eXp Realty, LLC
Listed By: Jessie Kelly
Source: Compass
Added: May 10 Changed: Aug 30 Last Checked: Aug 30 at 2:49PM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This multifamily property in Kodak, Tennessee, encompasses 37.06 acres with rolling terrain, cleared areas, wooded sections, and 2,931 square feet of improvements built in 2020. The residential component includes one mobile home with 2 bedrooms and 2 bathrooms and a second with 3 bedrooms and 2 bathrooms. A separate mobile work facility adds three office spaces and workshop area. Central cooling and central electric service are among the listed interior features.

Outdoor improvements include a spring-fed pond, a stream crossing the property, and wooded acreage with ATV trails. Underground utilities extend to additional cleared areas. The property is zoned A-1, has no HOA, and carries no city taxes. Hunting and fishing are allowed, farm animals are welcome, and the site is minutes from Exit 407 and nearby commercial growth.

Key Highlights

  • 37.06‑acre multifamily property with rolling hills, wooded areas, and cleared sites
  • Two mobile homes: one with 2 bedrooms and 2 bathrooms; one with 3 bedrooms and 2 bathrooms
  • Mobile work facility includes 3 office spaces and workshop area

Property Analytics

Current Use

Hunting land

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Auto Repair Shop Hair Salon Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

12
Businesses Nearby

Demographics for 37764, TN

10,583
Population
4,673
Households
2.3
Avg Household Size
42
Median Age
19%
College-Educated
88%
High-School Grad
34.1 sq mi
ZIP Area
310
Density / Sq Mi
$69,028
Median Household Income
$31,986
Median Earnings
$1,095
Median Rent
$226,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two residences, a separate work facility, and rural land support multiple on-site uses without HOA restrictions.
Where is this multifamily property located?
The property is located at 427-439 Thorngrove Pike Kodak, TN.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 37.06‑acre multifamily property with rolling hills, wooded areas, and cleared sites; Two mobile homes: one with 2 bedrooms and 2 bathrooms; one with 3 bedrooms and 2 bathrooms; Mobile work facility includes 3 office spaces and workshop area
More about this property
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