2465 Niles Ferry Rd, Madisonville, TN 37354
Local realty services provided by:CENTURY 21 Legacy
2465 Niles Ferry Rd,Madisonville, TN 37354
$164,900
- 2 Beds
- 1 Baths
- 678 sq. ft.
- Single family
- Active
Listed by: michael cansler
Office: silver key realty
MLS#:1336638
Source:TN_KAAR
Price summary
- Price:$164,900
- Price per sq. ft.:$243.22
About this home
Investment Opportunity - Income-Producing Property with Expansion Potential!
Don't miss this excellent investment opportunity featuring a single wide manufactured home with a tenant already in place, generating $850/month in rental income. The current lease is secured through January 31, 2027, providing immediate and consistent cash flow for the new owner. Lease must be honored.
Situated on a versatile property, this offering includes additional space ready for expansion:
A separate lot directly behind the home is already prepped for another single wide home.
An additional camper/RV spot is complete with water hookup (septic not currently installed)
Whether you're looking to grow your rental portfolio or create a multi-unit income property, this setup offers incredible upside potential with minimal upfront work needed.
Contact an agent
Home facts
- Year built:1996
- Listing ID #:1336638
- Added:6 day(s) ago
- Updated:April 20, 2026 at 02:29 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Basement:Yes
- Basement Description:Crawl Space
- Living area:678 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric
Structure and exterior
- Year built:1996
- Building area:678 sq. ft.
- Lot area:1.75 Acres
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$164,900
- Price per sq. ft.:$243.22
Parking
- Parking description:Main Level, Off-Street Parking
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