513 Forge Ridge Rd, Harrogate, TN 37752

$485,000
Property Type: Multi-Family Status: Active
Current Price: $485,000 List Date: 12/30/2025 Last Modified: 6/10/2026

Overview

Description

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.

Listing Details MLS# 1325022

Location Tax Legal Info

House #
513
Street Name
Forge Ridge
St Suffix
Rd
State/Province
TN
Zip Code
37752
PIN #
015O E 001.00

Contract Info

Auction Y/N
No
Listing Price
485000

General Property Description

Lot Dimensions
160x174x329x371x85x161x60
Number of Units
4
Utilities/Mo Avg
400
Year Built
1968
Property Status
N/A
Driveway
Paved

Status Change Info

Status Change Date
2025-12-29

Location, Tax & Legal Info

Area
Claiborne County - 44
City/County Code
City Limits
Elementary School
Ellen Myers
Middle School
H Y Livesay
Total Tax
884.52
High School
Cumberland Gap

Remarks & Misc

Directions
Turn onto Patterson Rd Turn left onto Forge Ridge Rd/TN-63 Turn left down the driveway
Public Remarks
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.

More Information

Property Sub-Type

Other
Yes

Construction

Frame
Yes

Type of Units

2 Bedroom Unit
Yes
Other
Yes

Siding

Brick
Yes
Vinyl
Yes

Sale Includes

Building and Land
Yes
Building Only
Yes

Cooling

Central Cooling
Yes

Floors

Carpet
Yes
Vinyl
Yes

Garage/Parking

Off-Street Parking
Yes

Tenant Expenses

Tenant Pays All Util
Yes

Owner Expenses

Lawn Maintenance
Yes

Fuel

Electric
Yes

Heat

Heat Pump
Yes

Appliances

None
Yes

Other Rooms

Other
Yes

Roof

Metal
Yes
Shingle
Yes

Exterior Features

Porch - Enclosed
Yes

New Financing

Cash
Yes
Conventional
Yes

Property Features

Property Sub-Type: Other Type of Units: 2 Bedroom Unit; Other Sale Includes: Building and Land; Building Only Floors: Carpet; Vinyl Tenant Expenses: Tenant Pays All Util Owner Expenses: Lawn Maintenance Fuel: Electric Heat: Heat Pump Cooling: Central Cooling Appliances: None Construction: Frame Roof: Metal; Shingle Siding: Brick; Vinyl Exterior Features: Porch - Enclosed Other Rooms: Other New Financing: Cash; Conventional
IDX
Listing Office: Backwoods Realty & Development
Last Updated: June - 10 - 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.