5551& 5611 River Road, Decatur, TN 37322

Local realty services provided by:CENTURY 21 Legacy
5551& 5611 River Road,Decatur, TN 37322
$600,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: cali m walden
Office: east tennessee properties, llc.
MLS#:1349183
Source:TN_KAAR

Price summary

  • Price:$600,000

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 appeals to...

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Home facts

  • Year built:1977
  • Listing ID #:1349183
  • Added:2 day(s) ago
  • Updated:July 25, 2026 at 02:37 PM

Rooms and interior

  • Flooring:Carpet, Laminate, Tile

Heating and cooling

  • Cooling:Central Cooling
  • Heating:Central

Structure and exterior

  • Year built:1977
  • Construction Materials:Frame

Schools

  • High school:Meigs County
  • Middle school:Meigs

Finances and disclosures

  • Price:$600,000