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    Lake City, TN
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    Lake City, TN Multifamily Properties for Sale

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    Jacksboro, TN Clinton, TN Briceville, TN
    Renovated Mixed-Use Building Opportunity
    Updated: Oct 21, 2025
    Renovated Mixed-Use Building Opportunity

    Lake City, TN 37769

    $375,000
    2,848 sqft
    Completely remodeled mixed‑use building (2008) with updates to wiring, plumbing, HVAC, windows, and finishes throughout
    Main level offers 1,700 SF of commercial space for retail, office, or professional use
    Upstairs includes two 1‑bedroom apartments totaling 1,400 SF
    Central air and central electric heating, with radiant floors and vinyl flooring
    Brick/block construction with rubber roofing and vinyl windows
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    This listing looks promising.

    Here's a quick look at some key insights for

    311 S Main St, Rocky Top, TN 37769

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $31K
      Annual

    • Mortgage

      $75K
      Recorded

    • Last Sold

      Oct 2006
      $38K

    • Property Type

      Retail Stores
      Built 1925
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lake City, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Newer Triplex Investment Opportunity
    Newer Triplex Investment Opportunity

    104 East Maire Ave, Clinton, TN 37716

    $600,000

    New construction triplex with income potential in Clinton, Tennessee.

    View details
    Renovated Apartment Complex Near I-75
    Renovated Apartment Complex Near I-75

    281 John McGhee Blvd, Caryville, TN 37714

    $2,199,000

    24-unit complex with recent renovations and convenient interstate access.

    View details
    Retail and Multifamily Redevelopment Opportunity
    Retail and Multifamily Redevelopment Opportunity

    803 Fowler St, Clinton, TN

    $550,000
    1.62 AC lot

    Former retail and apartment building on 1.62 acres for sale.

    View details
    Renovated 24-Unit Apartment Complex
    Renovated 24-Unit Apartment Complex

    281 John McGhee Blvd, Caryville, TN 37714

    $2,199,000

    Fully renovated 24-unit multifamily property with a diversified unit mix and separately metered utilities.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Norris Lake Investment Opportunity
    Norris Lake Investment Opportunity

    896 Shawnee Drive, Jacksboro, TN 37757

    $3,800,000
    19.94 AC lot

    Rare 19.94-acre Norris Lake property with marina and campground potential.

    View details
    LaFollette, TN Land Opportunity
    LaFollette, TN Land Opportunity

    La Follette, TN 37766

    $134,900
    16.95 AC lot

    16.95 acre property near Norris Lake with multiple building sites.

    View details
    Unrestricted Land with Creek Frontage
    Unrestricted Land with Creek Frontage

    La Follette, TN 37766

    $88,500
    4.98 AC lot

    4.98 acres of unrestricted land featuring creek frontage.

    View details
    Unrestricted Lake-Access Lot in Tennessee
    Unrestricted Lake-Access Lot in Tennessee

    Straight Branch Rd, Speedwell, TN 37870

    $30,000
    0.24 AC lot

    0.24-acre lot with direct access to Norris Lake!

    View details

    Lake City, TN Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Lake City, TN on our real estate platform. These investment opportunities span a total of 2,848 square feet of properties for sale, with an estimated market value of $375,000.

    Sale prices for multifamily properties in Lake City, TN start at $375,000, averaging $375,000, and reaching up to $375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 5,673
    Population Growth (5Y) -1.6%
    Median Household Income $51,691
    College Educated 14.9%

    High-Yield Neighborhoods for Investment

    Identify Lake City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37769 $375K

    Listings Trend

    New vs delisted commercial listings in Anderson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Anderson County

    Residential Income

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