$175,000
About this home
Investor Special: the inside of the home has had a good cleaning and a fresh paint job on this 3BR/1BA sitting on 0.53 Acres Near Jamestown Limits! Attention investors and cash buyers looking for a high-potential project with the heavy lifting already done! This charming 1.5-story traditional home features 3 bedrooms and 1 bathroom, perfectly situated on a beautiful, level 0.53-acre lot just minutes from the Jamestown city limits. While the property needs a little cosmetic TLC and is primed for your custom finishes, the most expensive structural and mechanical updates have already been completed within the past 10 years, including completely updated electrical, replaced floor joists, an updated kitchen, and an updated bathroom. This foundational prep work means you can focus your budget on the fun, value-adding details that drive maximum return on investment or building immediate sweat equity. Location is everything in the Upper Cumberland, and this property offers unbeatable convenience to local shopping and dining in downtown Jamestown, while remaining just a short drive from world-class outdoor recreation, including the horseback riding trails of Big South Fork National River and Recreation Area and the scenic hiking at Pickett CCC Memorial State Park. Whether you are looking to expand your rental portfolio, execute a profitable flip, or secure an affordable home on a spacious lot, this property is a rare find that combines crucial structural updates with a fantastic location. Bring your vision, toolbox, and offers today--properties with this much foundational prep work don't last long at this price point! Buyer to verify all information and measurements to make an informed offer.
Property details
- MLS #
- 1345297
- Property type
- Single Family Residence
- Subdivision
- Rainbow Acres
- Status
- Active
- Days on market
- 63
- On market date
- June 19, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- 0.53 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 391
- Student:teacher ratio
- 13.5:1
- District
- Fentress County
- Enrollment
- 490
- District
- Alvin C York Institute
Mortgage calculator
Estimate only - actual rate and payment depend on your lender, credit, and loan program.
Adjust tax / insurance estimates
Similar homes you might like
Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated June 26, 2026.
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.