1471 Fate Rankin Rd 1471, 1473, and 1475, Jefferson City, TN 37760

$599,900

Property Type: Multi-Family Square Footage: 3,258 Status: Pending - Continue to Show - Financing

Current Price: $599,900 List Date: 3/14/2026 Last Modified: 4/12/2026

Overview

Description

Attention Investors! Brand New Tri-Plex Opportunity in Rapidly Growing Jefferson City! Don't miss this rare opportunity! Currently under construction and projected for completion in April, these townhomes will be turnkey and ready for immediate tenants, making this an ideal addition to any investment portfolio. Conveniently located just minutes from Carson-Newman University, this property is perfectly positioned to attract student renters, faculty, and local professionals. With projected rents of $1,800-$2,000 per month, this property offers excellent income potential. Each of the three townhomes features 1,086 square feet of living space (3,258 SF total for the building) and includes: • 2 Bedrooms • 1.5 Bathrooms • Spacious living room • Kitchen with dining area • Laundry closet • All kitchen appliances included, even the refrigerator The beautiful brick front exterior provides great curb appeal and durability, while the modern layout offers comfortable living spaces tenants will love. New construction multi-family properties in this area are extremely rare, especially this close to Carson-Newman. This is a prime opportunity to secure a low-maintenance, income-producing property in a growing market. Opportunities like this don't come around often -- schedule your showing today! Professional photos coming soon.

Listing Details MLS# 1332718

Location Tax Legal Info

House #: 1471
Street Name: Fate Rankin
St Suffix: Rd
State/Province: TN
Zip Code: 37760
PIN #: 024A F 002.00
Subdivision: Twin Creek Estates

Contract Info

Auction Y/N: No
Listing Price: 599900

General Property Description

SqFt - Total (Aprox): 3258
Lot Dimensions: 123x105
Number of Units: 3
Year Built: 2026
Property Status: N/A
Driveway: yes
Lease Information: Completion date April 2026
# Units Leased: 0

Status Change Info

Status Change Date: 2026-04-12
Under Contract Date: 2026-04-12

Location, Tax & Legal Info

Unit #: 1471, 1473, and 1475
Area: Jefferson County - 26
City/County Code: City Limits
Total Tax: 125.09
High School: Jefferson County

Remarks & Misc

Directions: From Knoxville, Take exit 394 (25W) Turn left onto Asheville Hwy. After 6 miles, continue on to 11E. After 16 miles, turn right onto Fate Rankin Rd and the tri-plex is on the right.
Public Remarks: Attention Investors! Brand New Tri-Plex Opportunity in Rapidly Growing Jefferson City! Don't miss this rare opportunity! Currently under construction and projected for completion in April, these townhomes will be turnkey and ready for immediate tenants, making this an ideal addition to any investment portfolio. Conveniently located just minutes from Carson-Newman University, this property is perfectly positioned to attract student renters, faculty, and local professionals. With projected rents of $1,800-$2,000 per month, this property offers excellent income potential. Each of the three townhomes features 1,086 square feet of living space (3,258 SF total for the building) and includes: • 2 Bedrooms • 1.5 Bathrooms • Spacious living room • Kitchen with dining area • Laundry closet • All kitchen appliances included, even the refrigerator The beautiful brick front exterior provides great curb appeal and durability, while the modern layout offers comfortable living spaces tenants will love. New construction multi-family properties in this area are extremely rare, especially this close to Carson-Newman. This is a prime opportunity to secure a low-maintenance, income-producing property in a growing market. Opportunities like this don't come around often -- schedule your showing today! Professional photos coming soon.

More Information

Property Sub-Type

Triplex: Yes

Construction

Frame: Yes

Type of Units

2 Bedroom Unit: Yes
Townhouse: Yes

Siding

Vinyl: Yes

Sale Includes

Building and Land: Yes

Cooling

Ceiling Fan(s): Yes
Central Cooling: Yes

Floors

Carpet: Yes
Luxury Vinyl Plank: Yes

Garage/Parking

Off-Street Parking: Yes

Tenant Expenses

Electricity: Yes
Heating: Yes
Sewer: Yes
Water: Yes

Owner Expenses

Taxes: Yes

Fuel

Electric: Yes

Heat

Central: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Self Cleaning Oven: Yes
Smoke Detector: Yes

Other Rooms

Family Room: Yes

Roof

Shingle: Yes

Exterior Features

Patio: Yes

Misc Features

Internet Available: Yes
Walk-in Shower: Yes
Walk-In Closet(s): Yes
Washer/Dryer Connect: Yes
Wired for Internet: Yes

New Financing

Cash: Yes
Conventional: Yes

Showing

See Agent Instructns: Yes

Property Features

Property Sub-Type: Triplex Type of Units: 2 Bedroom Unit; Townhouse Sale Includes: Building and Land Floors: Carpet; Luxury Vinyl Plank Tenant Expenses: Electricity; Sewer; Water Owner Expenses: Taxes Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector Construction: Frame Roof: Shingle Siding: Vinyl Exterior Features: Patio Misc Features: Internet Available; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect; Wired for Internet Other Rooms: Family Room New Financing: Cash; Conventional Showing: See Agent Instructns

Listing Office: King Real Estate Services,Inc

IDX

Office Phone: 865-560-9401

Last Updated: April - 12 - 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.