55515611 River Road, Decatur, TN 37322

Decatur
Local realty services provided by:Better Homes and Gardens Real Estate Heritage Group
55515611 River Road,Decatur, TN 37322
$600,000
  • - Beds
  • - Baths
  • 5,905 sq. ft.
  • Multi-family
  • Active
Listed by: cali walden
Office: east tennessee properties llc.
MLS#:3281095
Source:NASHVILLE

Price summary

  • Price:$600,000
  • Price per sq. ft.:$101.61

About this home

Income-Producing Investment Opportunity! Exceptional opportunity to own a well-established income-producing property alongside the beautiful Chickamauga River with tremendous investment potential. This unique property features a total of 10 rental units, including 8 cabins, 1 single-wide manufactured home, 1 double-wide manufactured home, and an additional lot located across the street, offering room for future expansion or development (buyer to verify intended use). The property includes eight 2-bedroom, 1-bath cabins, a 3-bedroom, 2-bath single-wide, and a 3-bedroom, 2-bath double-wide, providing a diverse mix of rental opportunities. Current owners generate approximately $6,000 in gross monthly rental income, totaling approximately $72,000 annually, with the cabins renting for $550 per month each and both manufactured homes renting for $800 per month. Situated along the river, this property offers direct access to excellent fishing and a peaceful natural setting that...

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Home facts

  • Year built:1977
  • Listing ID #:3281095
  • Added:64 day(s) ago
  • Updated:September 18, 2026 at 02:22 PM

Rooms and interior

  • Flooring:Carpet, Tile, Vinyl
  • Living area:5,905 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Unit(s)
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1977
  • Building area:5,905 sq. ft.
  • Construction Materials:Vinyl Siding
  • Levels:1 Story

Schools

  • High school:Meigs County High School
  • Middle school:Meigs Middle School
  • Elementary school:Meigs North Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$600,000
  • Price per sq. ft.:$101.61
  • Tax amount:$1,845

Parking

  • Parking description:Driveway, Gravel
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