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For sale
  • Price cut: $9.9K (8/4)
    $390,000

    2761 Highway 411, Madisonville, TN 37354

    --beds
    0baths
    2,734sqft
    : 
    $2,305/mo
    Get pre-qualified
    Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $143/sqft
    $-- HOA

    What's special

    Modern comfortPeaceful scenic locationMature fruit treesTasteful updates throughoutBright open layoutLarge muscadine vine
    2 Homes, a shop, and an additional Homesite! Charming Remodeled 3BR Home on 3.5 Acres - Income Potential + Endless Possibilities! Welcome to this beautifully updated property offering the perfect blend of modern comfort, privacy, and versatile income opportunities. Nestled on 4 breathtaking acres of wooded beauty, this fully remodeled 3-bedroom, 2-full-bath home features a bright, open layout and tasteful updates throughout. The full unfinished basement provides excellent storage and includes a 1-car garage for convenient parking and projects. A bit further away nestled into the woods sits a beautifully remodeled 3-bedroom 2 full bath Mobile Home (16X80)--ideal for extended family, guests, or generating additional rental income. Whether you're looking for a private multi-generational setup or a turnkey investment opportunity, this second dwelling adds tremendous value and flexibility. And if that is not enough, there is a Third spot for another Home or RV with a separate septic, city water, and electric hook up! Additional highlights include a large barn/garage (with concrete floor) perfect for storing equipment, vehicles, or running a hobby farm, workshop, or small business. Mature fruit trees and a large Muscadine vine. NO PROPERTY RESTRICTIONS, the possibilities are truly unlimited--this property can easily transition into commercial use, short-term rentals, an income-producing compound, or your private wooded retreat. Set in a peaceful, scenic location yet conveniently accessible, this rare offering combines comfortable living space, strong income potential, and room to grow--all on 3.5 acres of natural beauty. Don't miss this unique opportunity! Schedule your showing today and imagine the possibilities. 200ft of Highway 411 Frontage.
    50 days
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    393
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    30
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kody Millikan,

    Lakefront Living, On the Lake 423-519-3258

    Source: East Tennessee Realtors,MLS#: 1344858MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Heat Pump, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Range, Refrigerator, Self Cleaning Oven
      Features
      • Windows: Aluminum Frames
      Interior area
      • Total structure area: 2,734
      • Total interior livable area: 2,734 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Basement, Detached
      • Garage spaces: 2
      Features
      • Exterior features: Detached Workshop
      Lot
      • Size: 3.48 Acres
      • Dimensions: 3.48 Acres
      Details
      • Parcel number: 047 027.00

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding, Aluminum Siding, Frame, Other
      Condition
      • Year built: 1977

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      Location
      • Region: Madisonville

      Financial & listing details

      • Price per square foot: $143/sqft
      • Tax assessed value: $264,300
      • Annual tax amount: $1,006
      • Date on market: 6/16/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/4/2026Price change$390,000-2.5%$143/sqft
        Source: East Tennessee Realtors #1344858 Report a problem
        7/22/2026Price change$399,900-3.6%$146/sqft
        Source: East Tennessee Realtors #1344858 Report a problem
        6/16/2026Listed for sale$415,000+48.2%$152/sqft
        Source: East Tennessee Realtors #1344858 Report a problem
        6/23/2025Sold$280,000-13.8%$102/sqft
        Source: East Tennessee Realtors #1294490 Report a problem
        3/26/2025Pending sale$325,000$119/sqft
        Source: East Tennessee Realtors #1294490 Report a problem
        3/25/2025Listed for sale$325,000+8.4%$119/sqft
        Source: East Tennessee Realtors #1294490 Report a problem
        8/16/2024Listing removed--
        Source: East Tennessee Realtors #1272386 Report a problem
        8/8/2024Listed for sale$299,900$110/sqft
        Source: East Tennessee Realtors #1272386 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,006 -1.4%$66,075 -1.4%
        2024$1,021 $67,025
        2023$1,021 +13%$67,025 +66.2%
        2022$903 $40,325
        2021$903 $40,325
        2020$903 +13.1%$40,325
        2019$798 -3.3%$40,325 -3.3%
        2018$825 +0.1%$41,700 +16.2%
        2017$825 +9.7%$35,900
        2016$752 $35,900
        2015$752 +0%$35,900 +0%
        2014$752 $35,889
        2013$752 $35,889
        2012-- $35,889 -28.5%
        2011$979 +23.4%$50,180
        2010$793 $50,180
        2009$793 0%$50,180
        2008$793 $50,180
        2007-- $50,180 +31.9%
        2006$734 +14.9%$38,052
        2005$639 -0.9%$38,052 +12.6%
        2004$645 $33,781
        2002$645 $33,781
        2001-- $33,781 -61.1%
        2000-- $86,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37354

        Getting around

        7 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Madisonville Intermediate
        • Middle: Madisonville Middle
        • High: Sequoyah

        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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