Income-Producing Multi-Family Opportunity in Harrogate, TN! Excellent investment opportunity featuring four single-family homes situated on approximately 2.5 acres just minutes from the center of Harrogate. All homes are currently tenant-occupied and producing income, making this a turnkey option for investors seeking immediate cash flow. The spacious acreage allows for privacy between units while still offering convenient access to shopping, restaurants, LMU, medical facilities, and major roadways. With strong rental demand in the area, this property presents long-term income potential with room for future value growth.
Whether you're expanding your portfolio or entering the multi-family market, this rare Harrogate property combines multiple income streams, usable land, and a prime location. Do not disturb tenants. Showings by appointment only.
For sale
$485,000
513 Forge Ridge Rd, Harrogate, TN 37752
--beds
0baths
--sqft
Est.:
Multi Family
Built in 1968
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Usable land
- 18 days |
- 148 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: December 29, 2025 at 05:38pm
Listed by:
Beth Combs,
Turn Key Realty 423-869-5111,
Melanie Mullins 606-634-7921,
Turn Key Realty
Source: East Tennessee Realtors,MLS#: 1325022
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Heat Pump, Electric
Cooling
- Central Air
Appliances
- Included: None
Features
- Flooring: Carpet, Vinyl
Property
Parking
- Parking features: Off Street
Lot
- Dimensions: 160 x 174 x 329 x 371 x 85 x 161 x 60
Details
- Parcel number: 015O E 001.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Brick, Frame
Condition
- Year built: 1968
Community & HOA
Location
- Region: Harrogate
Financial & listing details
- Tax assessed value: $8,400
- Annual tax amount: $49
- Date on market: 12/30/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2025 | Listed for sale | $485,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $49 | $2,100 |
| 2024 | $49 +1.7% | $2,100 |
| 2023 | $48 +15% | $2,100 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,697/mo
Principal & interest
$2329
Property taxes
$198
Home insurance
$170
Climate risks
Neighborhood: 37752
Nearby schools
GreatSchools rating
- 4/10Ellen Myers Elementary SchoolGrades: PK-4Distance: 1.4 mi
- 7/10H. Y. Livesay Middle SchoolGrades: 5-8Distance: 1.4 mi
- 5/10Cumberland Gap High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Ellen Myers
- Middle: H Y Livesay
- High: Cumberland Gap
Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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