5551& 5611 River Road, Decatur, TN 37322
$600,000
Property Type:
Multi-Family
Status:
Active
Current Price:
$600,000
List Date:
7/23/2026
Last Modified:
7/23/2026
Overview
Description
...
(Read more)
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 appeals to both long-term tenants and short-term vacation guests. Investors may choose to continue the current long-term rental operation or explore the potential for vacation rentals, Airbnb cabins, corporate housing, or other income-producing ventures, subject to local regulations and approvals. Whether you're looking to expand your investment portfolio or own a versatile riverside property with established income and future upside, this one-of-a-kind opportunity is not to be missed. Schedule your private showing today and discover the possibilities this exceptional property has to offer. Cabins are zoned commercial, double wide is zoned residential, and the extra lot is zoned residential. Buyer to verify all pertinent information.
Listing Details MLS# 1349183
Location Tax Legal Info
- House #
- 5551& 5611
- Street Name
- River Road
- State/Province
- TN
- Zip Code
- 37322
- PIN #
- 027F B 008.00, 007.00, 026.02
Contract Info
- Auction Y/N
- No
- Listing Price
- 600000
General Property Description
- Lot Dimensions
- 3.01 acres
- Number of Units
- 10
- Year Built
- 1977
- Property Status
- N/A
- Driveway
- gravel
Status Change Info
- Status Change Date
- 2026-07-22
More Information
Property Features
Property Sub-Type:
Other
Type of Units:
2 Bedroom Unit; 3 or more Bdrm Units; Unfurnished
Sale Includes:
Building and Land
Floors:
Carpet; Laminate; Tile
Fuel:
None
Heat:
Central; Other
Cooling:
Central Cooling; Window Unit(s); Other
Appliances:
Range; Refrigerator
Construction:
Frame
Roof:
Metal
Siding:
Vinyl
Other Rooms:
Bedroom Main Level; Mstr Bdrm Main Level
New Financing:
Cash; Conventional
IDX
Listing Office:
East Tennessee Properties, LLC
Last Updated: July - 23 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved.
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