5551 River Road, Decatur, TN 37322

$495,000
4,816
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$495,000
Status
ACTIVE
Days on Market
69
Price Change
▼ $105,000 1789798673
MLS#
3281095
Subtype
Residential Income
Year Built
1977
Living Area
4,816
Subdivision
No

Property 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 9 rental units, including 8 cabins, & 1 single-wide manufactured home. The property includes eight 2-bedroom, 1-bath cabins, a 3-bedroom, 2-bath single-wide, providing a diverse mix of rental opportunities. Current owners generate approximately $5,200 in gross monthly rental income, totaling approximately $62,400 annually, with the cabins renting for $550 per month each and the single wide mobile home 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. Buyer to verify all pertinent information.

Additional Information

Zoning
commercial
Exterior Construction
Vinyl Siding
Stories
1
Parking Features
Driveway, Gravel
Elementary School
Meigs North Elementary
Middle School
Meigs Middle School
High School
Meigs County High School

Courtesy of East Tennessee Properties LLC.

board logo

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks