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$1,170,000
25 Days On Site

407 W Wheeler St
Rockwood, TN37854

For Sale|Single Family Residence|Active
3
Beds
1
Total Bath
1
Full Bath
1,793
SqFt
$653
/SqFt
1919
Built
County:
Roane County - 31
Call Now: 865-693-7653
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865-693-7653
407 W Wheeler St407 W Wheeler St407 W Wheeler St407 W Wheeler St
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Rare opportunity to purchase a 100% occupied, seven-property investment portfolio in Roane County. This professionally managed portfolio offers multiple income-producing properties and strong potential for investors looking to expand or establish a presence in a growing market. Current property management may be available to continue for a seamless transition. The portfolio has been appraised. Seller financing may be considered only with the purchase of the entire portfolio. Properties may also be purchased individually. Please do not disturb tenants. Portfolio includes: 525 Sewanee Street: 2 bedrooms, 1 bathroom, $175,000, currently rented for $950 per month. 407 West Wheeler Avenue: 3 bedrooms, 1 bathroom, $200,000, currently rented for $1,250 per month. 521 North Chamberlain Avenue: 2 bedrooms, 1 bathroom, $170,000, currently rented for $950 per month. 265 Morning Drive: 3 bedrooms, 1 bathroom, $165,000, currently rented for $820 per month. 210 Barnett Circle: 2 bedrooms, 1 bathroom, $120,000, currently rented for $900 per month. 619 South Patton Avenue: 3 bedrooms, 1 bathroom, $150,000, currently rented for $1,200 per month. 501 West Rockwood Street: 3 bedrooms, 1 bathroom, $190,000, currently rented for $900 per month. Total portfolio price is $1,170,000. Current gross monthly rental income is $6,970. Current gross annual rental income is $83,640. Buyer and buyer's agent to independently verify all information, including square footage, rental income, occupancy, property details, and intended use.

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Listing Snapshot
Price 
$1,170,000
Days On Site 
25 Days
Bedrooms 
3
Inside Area (SqFt) 
1,793 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.3 Acres
Year Built 
1919
MLS® Number 
1355281
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
4 weeks agoListing first seen on site
4 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.3
Foundation 
Slab
Parking 
On Street
Property Sub Type 
Single Family Residence
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
1793
Style 
Traditional
Water Source 
Public
Interior Features
Appliances 
RangeRefrigerator
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Other
Fireplaces 
2
Heating 
CentralElectric
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Exterior Features
Construction Details 
Frame
Lot Features 
Level
Patio And Porch 
PorchCovered
Community Features
MLS Area 
Roane County - 31
Financing Terms Available 
CashConventional
Listing courtesy of Shardae Harris-Green of Slyman Real Estate

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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