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$495,000
63 Days On Site

5551 River Road
Decatur, TN37322

For Sale|Multi Family|Active
0
Beds
0
Total Baths
1977
Built
County:
Meigs County - 41
Call Now: 865-693-7653
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865-693-7653
5551 River Road5551 River Road5551 River Road5551 River Road
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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.

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Listing Snapshot
Price 
$495,000
Days On Site 
63 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1977
MLS® Number 
1349183
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoPrice changed to $495,000
5 days agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Parking 
None
Property Sub Type 
Multi Family
Interior Features
Appliances 
RangeRefrigerator
Cooling 
OtherWindow Unit(s)
Flooring 
LaminateCarpetTile
Heating 
Other
Interior 
Master Downstairs
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Exterior Features
Construction Details 
Vinyl SidingFrame
Roof 
Metal
Community Features
MLS Area 
Meigs County - 41
Financing Terms Available 
CashConventional
Schools
School District
Unknown
Elementary School
Unknown
Middle School
Meigs
High School
Meigs County
Listing courtesy of Cali M Walden of East Tennessee Properties, LLC

Copyright © 2026 Knoxville Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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