$479,900
$19K PRICE DROP

1059 Hale Rd Dandridge, TN 37725

Estimated payment $2,686/month

Total Views 4,757
-- Bed
-- Bath
3,856 Sq Ft
$124 Price per Sq Ft

About This Home

Income Producing Investment Property! This six unit mobile home park is ready for you to take over and make a return. All mobile homes are included with the sale! Five are currently rented with the 6th unit being left vacant to show to potential buyers. Start investing today and let your money work for you. With a 20% downpayment and fully rented this property has a potential 12% rate of return. With a total of 7 acres, the current mobile homes are situated on less than half of the usable acreage.

Listing Agent

Dustin Brackins

Wallace License #348840 Listed on: 06/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 660 x 520

Home Design

  • 3,856 Sq Ft Home
  • Aluminum Roof

Parking

  • No Garage
  • Gravel Driveway

Schools

  • Dandridge Elementary School
  • Maury Middle School
  • Jefferson County High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 068C A 033.00

Community Details

Overview

  • 6 Units
  • North Gate Subdivision

Building Details

  • Operating Expense $12,300
  • Net Operating Income $49,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$700

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Directions: The property is on the corner of Hale Road and Meadow Wood Circle. Mailing addresses for the units are 1059 through 1079 Meadow Wood Circle but tax records show Hale Road.
  • Prop. Type: Multi-Family
  • Year Built: 1974
  • Lot Size: 660 x 520
  • Subdivision Name: North Gate
  • Cooling:Central Cooling: Yes
  • Fuel:Electric: Yes
  • Heat:Heat Pump3: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:Driveway: Gravel
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Owner Pays: Water, Sewer, Roof Maintenance, HVAC Maintenance
  • Flooring: Other
  • Other Rooms:Other27: Yes

Exterior Features

  • Construction Type: Other
  • Roof: Aluminum
  • Construction:Other7: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • GarageParking:None18: Yes

Utilities

  • Cooling: Central Cooling, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: Dandridge
  • High School: Jefferson County
  • Middle Or Junior School: Maury

Lot Info

  • Parcel #: 068C A 033.00

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 61800.0
  • Property Net Operating Income: 49500.0
  • Annual Operating Expense: 12300.0

Tax Info

  • Tax Annual Amount: 699.56

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $700 $48,920 $29,560 $19,360
2023 $867 $37,680 $0 $0
2022 $780 $35,600 $23,760 $11,840
2021 $780 $35,600 $23,760 $11,840
2020 $487 $35,600 $23,760 $11,840
2019 $487 $22,250 $14,850 $7,400
2018 $484 $20,575 $13,400 $7,175
2017 $478 $20,325 $13,400 $6,925
2016 $478 $20,325 $13,400 $6,925
2015 $478 $20,325 $13,400 $6,925
2014 $478 $20,325 $13,400 $6,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $479,900 -3.8% $124 / Sq Ft
06/01/2025 06/01/25 For Sale $499,000 -- $129 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 Tennessee Land Title
Warranty Deed $24,900 --
Deed -- --
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1303045

East Tennessee REALTORS® MLS

APN: 068C-A-033.00