$700,000

402 E Forrest St La Follette, TN 37766

LaFollette Area

Estimated payment $4,151/month

Total Views 476
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Walk-In Closet
  • Tile Flooring
  • Walk-in Shower
  • Patio
  • Zoned Heating and Cooling
  • Family Room

About This Home

INVESTMENT OPPORTUNITY IN THE HEART OF LAFOLLETTE!

Looking to add a multi-family property to your investment portfolio? This 9-unit apartment complex offers an excellent opportunity in a convenient LaFollette location!

9 Total Units
• 8 units - 1 Bedroom / 1 Bathroom
• 1 unit - 2 Bedrooms / 1 Bathroom

GREAT LOCATION
Located less than a minute from downtown LaFollette, giving tenants quick access to local restaurants, shopping, and everyday conveniences.

Just 5 minutes from the local country club, featuring a swimming pool and 9-hole golf course.

With multiple income-producing units and a location close to downtown amenities and recreation, this property could be a great addition to an investor's portfolio.

Message me for additional information, pricing, or to schedule a private showing!

402 E Forrest St • LaFollette, TN

Listing Agent

Tyler Elkins

Alco Builders & Realty Co License #385656 Listed on: 08/14/2026

Co-Listing Agent

Tracy Lobertini

Alco Builders & Realty Co License #314386

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,732

Year Built

  • Built in 1939

Lot Details

  • 20,038 Sq Ft Lot
  • Lot Dimensions are 100x197

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Wired For Data
  • Vinyl Clad Windows
  • Family Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Walk-in Shower

Parking

  • Driveway
  • On-Site Parking

Additional Features

  • Patio
  • Zoned Heating and Cooling

Community Details

  • 9 Units

Listing and Financial Details

  • The owner pays for trash collection, lawn maintenance, insurance, supplies, taxes, exterior maintenance, HVAC maintenance, roof maintenance, janitorial service
  • Assessor Parcel Number 085K D 06800 000

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,732

Year Built

Built in 1939

Lot Details

0.46 Acres

Listing Details

  • Directions: I 75 exit 134 to Lafollette. L onto N Indiana Ave. R onto E Forrest St. Apartments will be on the right. SOP
  • Prop. Type: Residential Income
  • Year Built: 1939
  • Lot Size Acres: 0.46
  • Lot Size: 100x197
  • Co List Office Phone: 423-562-0638
  • General Property Description:Driveway: yes
  • Construction:Construction: Block, Frame
  • Fuel:Fuel: Electric
  • Misc Features:Misc Features: Walk-in Shower, Walk-In Closet(s), Wired for Internet, Wired for DSL
  • Other Rooms:Other Rooms: Family Room
  • Property Sub-Type:Property Sub-Type: Apartment
  • Miscellaneous: Washer/Dryer Cnctns
  • Type of Units: 1 Bedroom Unit, 2 Bedroom Unit
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range, Self Cleaning Oven
  • Owner Pays: Trash Collection, Lawn Maintenance, Insurance, Supplies, Taxes, Exterior Maintenance, HVAC Maintenance, Roof Maintenance, Janitorial Service
  • Flooring: Laminate, Tile
  • Interior Amenities: Walk-In Closet(s)

Exterior Features

  • Exterior Features: Windows - Vinyl
  • Construction Type: Block, Frame, Vinyl Siding
  • Patio And Porch Features: Patio
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking
  • GarageParking:GarageParking: On Premise Parking

Utilities

  • Cooling: Zoned
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating: Zoned, Electric
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 20038.0
  • Parcel #: 085K D 06800 000

Rental Info

  • Tenant Pays: Telephone, Electricity, Water, Heating, Cooling, Sewer

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 3731.73

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $179,040 $11,280 $167,760
2024 -- $179,040 $11,280 $167,760
2023 $3,991 $118,760 $11,280 $107,480
2022 $3,991 $118,760 $11,280 $107,480
2021 $3,991 $118,760 $11,280 $107,480
2020 $3,911 $118,760 $11,280 $107,480
2019 $3,991 $118,760 $11,280 $107,480
2018 $3,762 $106,120 $4,240 $101,880
2017 $3,762 $106,120 $4,240 $101,880
2016 $3,762 $106,120 $4,240 $101,880
2015 $3,486 $106,120 $4,240 $101,880
2014 -- $106,120 $4,240 $101,880
2013 -- $106,120 $4,240 $101,880
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2026 08/14/26 For Sale $700,000 -- --
Source: East Tennessee REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $55,000 --
Deed $40,000 --
Deed -- --
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1351833

East Tennessee REALTORS® MLS

APN: 085K-D-068.00

Your Personal Tour Guide

Ask me questions while you tour the home.