Kimball, TN Multifamily Home for Sale

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$650,000
- 4 Beds
- 3 Baths
- 9,600 Sq Ft
1841 Main St, Kimball, TN 37347

Exceptional mobile home park investment opportunity in Kimball, Tennessee, located in the fast-growing Jasper/Kimball corridor! This well-maintained 10-lot mobile home park includes 7 fully renovated Park-Owned Homes and 3 Tenant-Owned Homes, generating $91,500 in gross annual income with a strong 11%+ Cap Rate, ideal for investors seeking turnkey cash flow and long-term growth. Extensive

GABRIELLE MCINTOSH eXp Realty

1841 Main St, Kimball, TN 37347
Explore Kimball

Tennessee Marion County Kimball

Why Live in Kimball

Kimball, Tennessee, is a small town situated along the Tennessee River Valley and Cumberland Plateau, approximately 30 miles west of Chattanooga. The town features a mix of traditional homes in its downtown area and mountain estates within the gated Jasper Highlands community. Downtown homes, often ranch or traditional styles from the mid-20th century, range from the upper $100,000s to mid-$400,000s, while newer builds can go from around $500,000 to mid-$600,000s. Jasper Highlands offers large estates with mountain vistas, with prices from $1 million to nearly $4 million. Residents enjoy access to both mountain and river recreation, including hiking trails at Franklin State Forest and the Mr. and Mrs. Harry Lee Carter Natural Area, and boating at South Pittsburg Municipal Park. Kimball Park provides local amenities such as basketball courts, baseball diamonds, and lighted soccer fields. For shopping and dining, Kimball Crossing is the town's hub, featuring stores like Walmart and Dollar Tree, and eateries. The Top of the Rock Restaurant and Brewery in Jasper Highlands offers scenic views of the Tennessee River. Education is provided by the Marion County School District, with varying ratings for different schools. Events are held at the Pink Cottage on Main and within Jasper Highlands, fostering community engagement. Interstate 24 runs through Kimball, facilitating travel to Chattanooga, which is 25 miles away, and other major cities like Nashville and Atlanta.

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Home Trends in Kimball, TN

On average, homes in Kimball, TN sell after 23 days on the market compared to the national average of 70 days. The median sale price for homes in Kimball, TN over the last 12 months is $1,150,000, down 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$1,150,000

Median Single Family Sale Price

$1,150,000

Average Price Per Sq Ft

$390

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.00

Median List Price

$1,250,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-4%

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Kimball Types of Homes for Sale

Kimball Homes for Sale

More About Living in Kimball

Homes in Nearby Cities

Homes in Nearby Counties

Marion County Homes for Sale

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