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Multifamily Property With Three Homes
For Sale
$250,000

540 Rolling Oak Dr, Big Sandy, TN 38221

Three residential structures offer varied living arrangements, including a cabin and additional quarters within the main residence.

Property Size3,888 SF
Lot Size7.10 Acres
Price / SF$64.30
Days on Market41

Property Features for 540 Rolling Oak Dr

General Information

Standard status Active
Size 3,888 SF
Lot size 7.10 Acres
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/1BA, 2 x 1BR/1BA, 1 x 3BR/2BA
Multifamily Units 4

Additional Details

Gross Income $12,000

Building Details

Year Built 1980
Buildings 3
Listing Agency: Landmark Realty and Auction
Listed By: Ann Jordan · License #297725
Source: Shearonsellsteam
Added: Jul 21 Changed: Aug 29 Last Checked: Aug 26 at 8:43AM

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 Landmark Realty and Auction

Investment Insights

Based on property information with market context.

This 7.10-acre multifamily property includes three residential improvements. The two-story primary home contains 1,680 heated square feet, with two bedrooms and one bathroom on the main level plus an upstairs living area with one bedroom, one bathroom, kitchen, dining area, and living room. A second residence consists of two attached single-wide mobile homes totaling 1,728 heated square feet with three bedrooms and two bathrooms. The third improvement is a 480-square-foot cabin built in 1980 with one bedroom and one bathroom. The primary home was built in 2005, and appliances are located on both levels.

Additional features include a shared well serving the main house, a metal storage building, two bass-stocked ponds, and two tractor trailers that remain with the property. The property is located in Rolling Oak Estates, which has some restrictions. Chickens and other livestock are permitted according to the source information, with livestock required to be penned.

Key Highlights

  • 7.10 acres with three residential structures
  • Primary home offers 1,680 heated square feet, two stories, and 3 bedrooms and 2 bathrooms
  • Attached single‑wide residences total 1,728 heated square feet with 3 bedrooms and 2 bathrooms

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Plumbing Service Department 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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 38221, TN

3,113
Population
1,954
Households
1.6
Avg Household Size
52
Median Age
10%
College-Educated
88%
High-School Grad
108.4 sq mi
ZIP Area
29
Density / Sq Mi
$52,109
Median Household Income
$32,246
Median Earnings
$661
Median Rent
$118,600
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 - Three residential structures offer varied living arrangements, including a cabin and additional quarters within the main residence.
Where is this multifamily property located?
The property is located at 540 Rolling Oak Dr Big Sandy, 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: 7.10 acres with three residential structures; Primary home offers 1,680 heated square feet, two stories, and 3 bedrooms and 2 bathrooms; Attached single‑wide residences total 1,728 heated square feet with 3 bedrooms and 2 bathrooms
More about this property
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