$849,000
●
House -
Off Market
3655 Douglas Dam Rd
Kodak, TN 37764
4 Beds
3 Baths,
1
Half Bath
2,848 Ft²
$4,522
Est. Monthly
About This Property
MOTIVATED SELLER!!!
LEASE/PURCHASE AVAILABLE!!
THIS IS 2 PROPERTIES!!! 3651 AND 3655 IS INCLUDED IN THIS SALE!
Investment opportunity in Sevier County, Tennessee.
The primary home was originally built in 1938 and has been renovated while retaining elements of the original structure. The home is situated on a level lot and is located adjacent to the fire department. Interior features include a spacious kitchen, high ceilings, large rooms, and an interior access to the second floor.
The second residence is a 2-bedroom, 2-bath mobile home a bonus room. Home is approximately 1,264 square feet.
Properties is conveniently located near Douglas Lake, Interstate access, Bass Pro Shops, Buc-ee's, Great Smokies Flea Market, Hwy 66, and provides access to Sevierville, Pigeon Forge, Gatlinburg, the Great Smoky Mountains, and Dollywood.
Property may be suitable for rental income or owner occupancy.
Buyer to verify all information.
The original home is on sewer; the mobile home is on septic.
LEASE/PURCHASE AVAILABLE!!
THIS IS 2 PROPERTIES!!! 3651 AND 3655 IS INCLUDED IN THIS SALE!
Investment opportunity in Sevier County, Tennessee.
The primary home was originally built in 1938 and has been renovated while retaining elements of the original structure. The home is situated on a level lot and is located adjacent to the fire department. Interior features include a spacious kitchen, high ceilings, large rooms, and an interior access to the second floor.
The second residence is a 2-bedroom, 2-bath mobile home a bonus room. Home is approximately 1,264 square feet.
Properties is conveniently located near Douglas Lake, Interstate access, Bass Pro Shops, Buc-ee's, Great Smokies Flea Market, Hwy 66, and provides access to Sevierville, Pigeon Forge, Gatlinburg, the Great Smoky Mountains, and Dollywood.
Property may be suitable for rental income or owner occupancy.
Buyer to verify all information.
The original home is on sewer; the mobile home is on septic.
Unit Size
2,848 Ft²
Days on Market
144 days
Land Size
0.93 acres
Price per sqft
$316
Property Type
House
Property Taxes
$103
HOA Dues
-
Year Built
1938
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 16 days ago (East Tennessee Realtors #1327998)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2026 | Sold | ||
| Sold | |||
| Jan 29, 2026 | Listed by Realty Executives Associates | $899,900 | |
| Listed by Realty Executives Associates | |||
| Sep 19, 2017 | Listed by Hometown Realty LLC | $130,000 | |
| Listed by Hometown Realty LLC | |||
 | |||
|
This home is full of character and in need of TLC. Great investment property or Fixer upper! Sold AS IS! See it today!
| |||
| Aug 29, 2017 | Listed | $130,000 | |
| Listed | |||
| | |||
|
Priced below market value! Investors Special, great income potential. Fixer Up! SOLD AS IS! The manager has listed the unit size as 2240 square feet.
| |||
| Jul 31, 2017 | Listed | $150,000 | |
| Listed | |||
| | |||
|
Do you like the charm and character older homes have, and enjoy restoring them to their former glory? Or are you looking for an investment property that needs a little TLC to polish up and then use as a long term rental? We have the perfect deal for you! Excellent location just a mile from exit 407 of I-40, convenient to Knoxville and Sevier County as well as Jefferson County, great for commuters. This 3/1.5 home sits on almost an acre of land and has huge mature trees adorning its yard. Come take a look today!The manager has listed the unit size as 2240 square feet.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sevier
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Listed by: Dustin Walker
Listed Office: Realty Executives Associates - Listing courtesy of East Tennessee Realtors
Phone: 865-983-0011
Last Updated: 2026-10-20 15:01:14
Last Checked: 16 days
Data Source: East Tennessee Realtors, MLS# 1327998
Firm Name: Lee Chuan Lin, Phone number: 425-283-2930, Firm address: 335 Madison Avenue, New York, NY 10017
Listed Office: Realty Executives Associates - Listing courtesy of East Tennessee Realtors
Phone: 865-983-0011
Last Updated: 2026-10-20 15:01:14
Last Checked: 16 days
Data Source: East Tennessee Realtors, MLS# 1327998
Firm Name: Lee Chuan Lin, Phone number: 425-283-2930, Firm address: 335 Madison Avenue, New York, NY 10017
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017