5551 River Road, Decatur, TN 37322

Decatur
Local realty services provided by:ERA Chappell & Associates Realty & Rental
5551 River Road,Decatur, TN 37322
$495,000
  • - Beds
  • - Baths
  • 4,816 sq. ft.
  • Multi-family
  • Active
Listed by: cali walden
Office: east tennessee properties llc.
MLS#:3281095
Source:NASHVILLE

Price summary

  • Price:$495,000
  • Price per sq. ft.:$102.78

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,...

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Home facts

  • Year built:1977
  • Subdivision & Development:no
  • Listing ID #:3281095
  • Added:12 day(s) ago
  • Updated:October 01, 2026 at 07:19 PM

Rooms and interior

  • Flooring:Carpet, Tile, Vinyl
  • Living area:4,816 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Heating

Structure and exterior

  • Roof:Metal
  • Year built:1977
  • Building area:4,816 sq. ft.
  • Construction Materials:Vinyl Siding
  • Levels:1 Story

Schools

  • High school:Meigs County High School
  • Middle school:Meigs Middle School
  • Elementary school:Meigs North Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$495,000
  • Price per sq. ft.:$102.78
  • Tax amount:$1,575

Parking

  • Parking description:Driveway, Gravel
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