Under $100K Sunday – c.1900 Six Bedroom East Tennessee Fixer Upper $100K
OHU50K Notes $100,000
c.1900 Six bedroom East Tennessee fixer upper for sale. This home is located just off the main road, close to Downtown LaFollette, with a view of the mountains.
Realtor Comments
Welcome to 210 W Walden St. LaFollette. Just minutes away from Norris Lake and ATV trails. Even with this home being so close to Downtown LaFollette, it is over 2, 000 square feet. There is a front porch for sitting on the main level and the upper level. This home features 6 bedrooms and 2 full bathrooms and multiple spaces to be used as a living room or dinning room area. Fireplaces not functional. Home to be sold as is.
- 6 bed
- 2 bath
- Build date 1900
If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
210 W Walden St, La Follette, TN 37766
- Contact Realtor: Kaylee Anne Queener
- Google Map
- Niche
Pros of Living in La Follette, TN
1. Affordable Cost of Living
La Follette boasts a cost of living approximately 21% lower than the U.S. average. Housing is notably inexpensive, with median home prices around $134,500 and average rents for a two-bedroom unit at $870 per month.
2. Natural Beauty and Outdoor Recreation
Residents enjoy access to outdoor activities, including fishing and boating on Norris Lake, hiking in the nearby Cumberland Gap National Historical Park, and exploring the scenic Appalachian region.
3. Community Feel
With a population of approximately 6,911, La Follette offers a tight-knit community atmosphere, which many find appealing for raising families or enjoying a quieter lifestyle.
Cons of Living in La Follette, TN
1. High Poverty and Unemployment Rates
The town faces economic challenges, with a poverty rate around 25% and an unemployment rate of 23.8%, significantly higher than the national averages.
2. Limited Educational Attainment
Educational attainment is below national averages, with only 61.5% of adults having completed high school and 8.1% holding a bachelor’s degree.
3. Declining Population
La Follette has experienced a population decline of about 5.8% over the past five years, which may impact local services and economic growth.
4. Limited Job Opportunities
The job market is constrained, with many residents facing financial hardship. The median household income is approximately $34,678, which is below the national average.
Housing Market Snapshot
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Median Home Price: Approximately $175,000, reflecting a 9.4% increase from the previous year.
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Rent: A two-bedroom apartment averages $870 per month.
Education Overview
Educational attainment in La Follette is lower than national averages, with only 61.5% of adults having completed high school and 8.1% holding a bachelor’s degree.
Bottom Line
La Follette offers an affordable lifestyle amidst natural beauty, making it appealing for those seeking a quieter, rural setting. However, potential residents should be mindful of the economic challenges and limited job opportunities in the area. It’s best suited for individuals or families who prioritize affordability and community over urban amenities and economic prospects.
