Courtesy: United Real Estate Solutions
865-444-2400
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. - Investment-friendly pricing designed to facilitate a smooth transaction and fast close. Why this works for investors: - Dual use potential -- stable long-term rental income now, with strong seasonal demand for STRs. - Recent renovations reduce near-term capex and lower maintenance headaches. - Location draws both local renters and short-term guests year-round thanks to nearby recreation and easy highway access. This property is priced to move and presents a rare combination of current income, reduced immediate expense, and proven demand drivers. Contact me today to schedule a showing.
Courtesy: Realty Executives Associates
865-688-3232
6.81 Acres! I am so excited to share this property in the heart of Off-roading Adventures right off Stinking Creek Rd. The school currently has 3 apartments in it with a bunk room, Laundry Room and Laundry Room 1/2 bath combo. There is space on the reverse side of these apartments for someone to build in more apartments. There is a beautiful main Home up the hill away from the school apartments. It has a generous porch in front and smaller porch with handicap accessible ramp in the back. There is a 20'x30' equipment shed behind the house. To the side of the house 3 RV sites are located. The entire property is fenced in 2 sections with 2 separate gated driveways. The Gym has a stage and bathroom already in it. The possibility of a live music stage coupled with a man cave type of lounge or a combo ATV lift/tools to rent by the hour, there's nothing you can imagine that cant be done here! The Cafeteria is located right next to the Gym which would make an amazing entertainment and restaurant venue with separate gated entrance & parking. The Cafeteria building also has a 63'10'x12' storage room with Garage door entrance. The rear of the property could be developed into more RV sites or rent to own homes with lot rental income. This property is located about 11 miles off interstate 75 in the Cumberland Mountians. Norris Lake is only minutes away with all that it has to offer with several marinas, fishing guides and entertainment. This property has endless potential.
 |
| Real Estate listings held by other brokerage firms are marked with the name of the listing broker. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 Knoxville Area Association of Realtors. All rights reserved. |
Lafollette is located in Tennessee. Lafollette, Tennessee has a population of 3,692.
The median household income in Lafollette, Tennessee is $38,577. The median household income for the surrounding county is $46,110 compared to the national median of $69,021. The median age of people living in Lafollette is 38.8 years.
The average high temperature in July is 86.8 degrees, with an average low temperature in January of 24.7 degrees. The average rainfall is approximately 51.9 inches per year, with 6.4 inches of snow per year.
