$495,000
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 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.
Property details
- MLS #
- 1349183
- Property type
- Residential Income
- Subdivision
- N/A
- Status
- Active
- Days on market
- 73
- On market date
- July 23, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 417
- Student:teacher ratio
- 13.9:1
- District
- Meigs County
- Enrollment
- 406
- Student:teacher ratio
- 15.6:1
- District
- Meigs County
- Enrollment
- 519
- Student:teacher ratio
- 15.7:1
- District
- Meigs County
Walkability
Blended score for Decatur's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 12 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.