508 E Central Ave, La Follette, TN 37766

La Follette
Local realty services provided by:ERA Chappell & Associates Realty & Rental
508 E Central Ave,La Follette, TN 37766
$575,000
  • - Beds
  • - Baths
  • 4,040 sq. ft.
  • Multi-family
  • Active
Listed by: mark hunter
Office: united real estate solutions
MLS#:3243729
Source:NASHVILLE

Price summary

  • Price:$575,000
  • Price per sq. ft.:$142.33

About this home

Remodeled 7-Unit Opportunity -- Two-Building Complex in Prime Norris Lake Area Investors, don't miss this turnkey income property with strong upside. This recently updated, two-building, 8-unit complex combines modern finishes with a hassle-free management profile -- ideal for multifamily portfolios or short-term rental operators looking to scale quickly. Highlights: - Eight fully renovated units across two buildings, thoughtfully updated for durability and market appeal. - Immediate cash flow: active rentals in place with attractive historical occupancy; excellent potential to increase rents or convert additional units to short-term stays. - Outstanding location: minutes from Norris Lake and close to ATV trails, camping, boating and outdoor recreation -- a major draw for vacationers and outdoor enthusiasts. - Excellent accessibility: conveniently located off the interstate with quick access to Lafollette, TN amenities including shops, dining, and services. -...

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Home facts

  • Year built:1930
  • Listing ID #:3243729
  • Added:61 day(s) ago
  • Updated:August 17, 2026 at 02:30 PM

Rooms and interior

  • Flooring:Tile, Vinyl
  • Living area:4,040 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1930
  • Building area:4,040 sq. ft.
  • Construction Materials:Frame, Vinyl Siding

Finances and disclosures

  • Price:$575,000
  • Price per sq. ft.:$142.33
  • Tax amount:$2,715
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