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    Lake City, TN Multifamily Properties for Sale

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    Clinton, TN Jacksboro, TN Caryville, TN
    Renovated Mixed-Use Building, Rocky Top
    $375,000
    2,848 SF

    Renovated Mixed-Use Building, Rocky Top

    Lake City, TN 37769

    Mixed-use building with commercial space and apartments in downtown Rocky Top.

    • Prime Main Street location in downtown Rocky Top with high visibility.
    • Fully renovated in 2008 with updated wiring, plumbing, HVAC, windows, and finishes.
    • Mixed‑use property with 1,700 sq ft of commercial space and two 1‑bedroom apartments (1,400 sq ft total).
    • Conveniently located 20 minutes from both Knoxville and Oak Ridge.
    • Includes off‑street parking.
    Updated: Oct 21, 2025
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    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
    $600,000

    Newer Triplex Investment Opportunity

    New construction triplex with income potential in Clinton, Tennessee.

    104 East Maire Ave, Clinton, TN 37716
    View details
    Retail and Multifamily Redevelopment Opportunity
    $550,000
    1.62 Acres

    Retail and Multifamily Redevelopment Opportunity

    Former retail and apartment building on 1.62 acres for sale.

    803 Fowler St, Clinton, TN
    View details
    Oak Ridge Multifamily Investment Portfolio
    $3,450,000

    Oak Ridge Multifamily Investment Portfolio

    Multifamily investment in Oak Ridge with value-add opportunity.

    140 Tacoma Rd, Oak Ridge, TN 37830
    View details
    Multifamily Property in Oak Ridge
    $550,000
    2,451 SF

    Multifamily Property in Oak Ridge

    Multifamily property for sale with 2451 square feet.

    169 Tacoma Road, Oak Ridge, TN 37830
    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.

    Unrestricted Corner Lot Near Norris
    $45,000
    0.69 Acres

    Unrestricted Corner Lot Near Norris

    Corner lot near Norris Lake, ideal for recreation or development.

    La Follette, TN 37766
    View details
    LaFollette, TN Land Opportunity
    $134,900
    16.95 Acres

    LaFollette, TN Land Opportunity

    16.95 acre property near Norris Lake with multiple building sites.

    La Follette, TN 37766
    View details
    Unrestricted Land with Creek Frontage
    $88,500
    4.98 Acres

    Unrestricted Land with Creek Frontage

    4.98 acres of unrestricted land featuring creek frontage.

    La Follette, TN 37766
    View details
    Unrestricted Land with Installed Amenities
    $128,500
    261,360 SF

    Unrestricted Land with Installed Amenities

    6 acres with utilities, structure, and recreational access.

    1863 Old County Garage Road, Helenwood, TN 37755
    View details

    Lake City, TN Multifamily Properties Investment Opportunities Market Analysis

    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

    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 Strategic Investment

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

    Neighborhood Average Price
    37769 $375K

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