5551& 5611 River Road, Decatur, TN 37322 (MLS# 1349183)

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

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 ...

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
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