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.
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LAST UPDATED
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7/22/2026
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YEAR BUILT
|
1977
|
|
COMMUNITY
|
Meigs County - 41
|
COUNTY
|
Meigs County - 41
|
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STATUS
|
Active
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PROPERTY TYPE(S)
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Multi Family
|
| Jr. High School |
Meigs |
| High School |
Meigs County |
| AIR |
Central Air, Other, Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Range, Refrigerator |
| AREA |
Meigs County - 41 |
| CONSTRUCTION |
Frame, Vinyl Siding |
| HEAT |
Central, Other |
| INTERIOR |
Master Downstairs |
| LOT DIMENSIONS |
3.01 acres |
| PARKING |
None |
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Listed with East Tennessee Properties, LLC
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.
This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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