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    Spencer, TN Multifamily Properties for Sale

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    Sparta, TN Doyle, TN Rock Island, TN
    Mountain Acreage with Creek and Cabin
    $749,900
    37.00 Acres
    Mountain Acreage with Creek and Cabin

    235 Sparta St, Spencer, TN 38585

    37-acre brow lot in Spencer with creek frontage, multiple build sites, and existing tiny house plus storage cabin.
    • 38‑acre non‑restricted mountaintop property on Spencer Mountain in Van Buren County with a creek and multiple build sites
    • Includes a 2‑year‑old lived‑in tiny house with full‑size appliances and a 100‑year‑old original four‑room storage cabin home
    • Lot is perk tested and approved for a 3‑bedroom home at the creek
    • Utilities include high‑speed fiber optic internet, 200 amp electric service on the upper driveway, and a 30 amp RV outlet
    • On‑site equipment and structures include a covered portable sawmill and a 15HP Frontier sawmill ready to mill 27" logs (sold as‑is)
    Updated: Nov 26, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, 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.

    Downtown Square Retail Storefront
    $319,000
    Downtown Square Retail Storefront

    Retail and office use opportunity directly on Sparta’s town square.

    25 E Bockman Way, Sparta, TN 38583

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    Pikeville TN Cleared 5.83 Acres
    $999,999
    5.83 Acres
    Pikeville TN Cleared 5.83 Acres

    Cleared 5.83-acre lot in high-growth area with utilities.

    US-127, Pikeville, TN 37367

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    Downtown Sparta Commercial Property
    $339,000
    940 SF
    Downtown Sparta Commercial Property

    Prime commercial location in downtown Sparta with endless potential.

    25 West Bockman Way, Sparta, TN 38583

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    Pikeville, TN Land For Sale
    $99,000
    1.78 Acres
    Pikeville, TN Land For Sale

    Unrestricted 1.78-acre lot with RV sites and utilities in Pikeville.

    474 Ridge Rd W, Pikeville, TN 37367

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    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 Land in Sparta, TN
    $125,998
    3.17 Acres
    Unrestricted Land in Sparta, TN

    3.17-acre unrestricted property ready for your dream home!

    8849 Eastland Road, Sparta, TN 38583

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    Unrestricted Lake Lot in Smithville
    $39,900
    0.14 Acres
    Unrestricted Lake Lot in Smithville

    Unrestricted lake lot with utilities started near community boat dock.

    182 Mayberry Drive, Smithville, TN 37166

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    Pikeville Land with Pond
    $306,000
    15.30 Acres
    Pikeville Land with Pond

    15.3 acre flag lot near Fall Creek Falls State Park.

    8.05 Joe Grove Road, Pikeville, TN 37367

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    Residential Lot Ready For Home
    $70,000
    0.45 Acres
    Residential Lot Ready For Home

    Residential lot with utilities in place, near Crossville.

    13850 Lantana Rd, Crossville, TN 38572

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    Spencer, TN Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Spencer, TN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for multifamily properties in Spencer, TN start at $0.00, averaging $0.00, and reaching up to $0.00 — 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

    Short term rental properties 1

    Demographics Overview

    Population 4,550
    Population Growth (5Y) +14.6%
    Median Household Income $51,458
    College Educated 17.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    38585 $749.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.32%
    Property Tax per SF $55.51 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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