Updated 24 days ago on .
Multi family house compound
New Construction + Bonus House for $20K to Complete — Two Separate Parcels, LaFollette TN | $350K
Looking for instant equity? Here's your deal.
The main house is a brand new 2,100 sq ft never-lived-in home featuring 2 large bedrooms, a huge loft, 2.5 baths, open floor plan, and a fully equipped kitchen. Move-in ready or rent-ready from day one — no repairs, no surprises, everything under warranty.
The second house is essentially free. 800 sq ft, 2 bed/1 bath on its own separate parcel — all the heavy lifting is done. Foundation, framing, roof, electrical, plumbing — finished. Just cosmetics left to complete at an estimated $20K.
The numbers:
Asking: $350,000
ARV: $490,000
All in: $370,000
Parcels already split — buy, sell, or hold independently
Instant equity position: $120,000+
Located in LaFollette, TN — minutes from Norris Lake, one of the most popular recreational lakes in Tennessee, making this a strong short-term rental market as well.
This is a house hack, BRRRR, flip, or STR play. The main house alone justifies the ask — you're getting the second property for next to nothing.
Serious buyers only. Full photo breakdown and detailed completion list available on request.
Call Andre at 865-498-3301
