Rutledge, TN 37861
$699,000
Property Type:
Multi-Family
Square Footage:
1,248
Status:
Active
Current Price:
$699,000
List Date:
8/07/2026
Last Modified:
8/07/2026
Overview
Description
...
(Read more)
Three streams of income today... room for so much more tomorrow. Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one. Beyond the existing income, the possibilities are nearly endless. A logging road winds throughout the mostly wooded property, making it easy to explore the land and envision its future. Whether you're looking to expand the current rental portfolio, create a tiny home community, develop additional homesites, establish a private retreat, or simply invest in East Tennessee land, this property offers the space and flexibility to bring your vision to life. Dreaming of a homestead? This property offers the privacy, acreage, water features, and infrastructure to create your own self-sufficient lifestyle. Looking for a multigenerational family compound? With three existing residences and ample room for additional homes, it's an ideal setting for keeping loved ones close while still allowing everyone their own space. A carport/workshop with electricity and water is already in place and is positioned near a generous area of level ground, creating an ideal location for another home, guest house, workshop, or future expansion. Enjoy the peaceful setting complete with a private pond, mature timber, established logging roads, and the security of a gated entrance. Income-producing properties with this much acreage and development potential are increasingly rare. Whether you're an investor seeking immediate returns, a family searching for room to grow together, or someone ready to embrace the homesteading lifestyle, this exceptional property offers an opportunity that's difficult to duplicate.
Listing Details MLS# 1351081
Location Tax Legal Info
- State/Province
- TN
- Zip Code
- 37861
- PIN #
- 061 056.07 000
Contract Info
- Auction Y/N
- No
- Listing Price
- 699000
General Property Description
- SqFt - Total (Aprox)
- 1248
- Lot Dimensions
- 1181x1571x46x707x83x102x340x805
- Number of Units
- 3
- Year Built
- 2025
- Property Status
- N/A
- Driveway
- Gravel
Status Change Info
- Status Change Date
- 2026-08-07
More Information
Property Features
Property Sub-Type:
Other
Type of Units:
Efficiency Unit; 1 Bedroom Unit; Unfurnished
Sale Includes:
Building and Land
Floors:
Luxury Vinyl Plank
Fuel:
Electric
Heat:
Heat Pump
Cooling:
Central Cooling
Construction:
Frame
Roof:
Metal
Siding:
Other
Other Rooms:
Other
New Financing:
Cash; Other
Showing:
See Agent Instructns
IDX
Listing Office:
Wallace
Last Updated: August - 07 - 2026
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