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5 Acres with Rental Units
For Sale
$265,000

9980 HWY 412 S, Trade, TN 37691

LAND - Trade, TN

Property SizeContact for details
Lot Size5.00 Acres
Days on Market489

Property Features for 9980 HWY 412 S

General Information

Property type Land
Property subtype Other
Standard status Active
Lot size 5.00 Acres

Utilities

Heating system Electric (Heating), Wood
Water source Other

Building Details

Roof type Metal
Listing Agency: Interactive Realty Group
Listed By: Kevin Morrell
Added: Apr 22, 2025 Changed: Aug 4 Last Checked: Aug 23 at 12:06PM
MLS# 11480813

Copyright © 2026 My State MLS. 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 property features approximately 5 acres of land located 20 minutes from downtown Boone, North Carolina. It includes 5 rental units that generate $2400 monthly. The property has a 1-year-old septic system, multiple springs, and a rainwater collection system equipped with a UV filtration system. The rental units consist of: a shop/studio with a loft (Unit 1), a newly built studio apartment (Unit 2), a full hookup RV site with water, sewer, and 20, 30, and 50 amp power (Unit 3), and two off-grid studios (Units 4 and 5).

Key Highlights

  • 5 rental units producing $2400 monthly income.
  • Approximately 5 acres located 20 minutes from downtown Boone, NC.
  • Owner financing available with 25% down payment.

Property Analytics

Current Use

Mobile home & RV ...

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 37691, TN

851
Population
452
Households
1.9
Avg Household Size
48
Median Age
32%
College-Educated
93%
High-School Grad
14.3 sq mi
ZIP Area
60
Density / Sq Mi
$283,000
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?
Land - 5 acres with multiple rental units near Boone, North Carolina.
Where is this land located?
The property is located at 9980 HWY 412 S Trade, TN.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 5 rental units producing $2400 monthly income.; Approximately 5 acres located 20 minutes from downtown Boone, NC.; Owner financing available with 25% down payment.
More about this property
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