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Listing Detail - Nashville Home and Farms

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Decatur, TN 37322 5551 River Road

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Presented By: East Tennessee Properties LLC;
  • MLS# 3281095
  • 07/15/2026
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 4
  • SQFT • 4,816

Home Details

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.
Presented By: East Tennessee Properties LLC;

Interior Features for 5551 River Road

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area4816
Above Grade Finished Area SourceAssessor
Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area SourceAssessor
Below Grade Finished Area Unit TypeSquare Feet
FlooringCarpet, Tile, Vinyl
Heating Y/NYes

General for 5551 River Road

Attached Garage No
Building Area UnitsSquare Feet
Buyer FinancingConventional, Other
CityDecatur
Construction MaterialsVinyl Siding
CoolingWall/Window Unit(s)
CountyMeigs County, TN
DirectionsFrom decatur take river road north to property on the left.
Elementary SchoolMeigs North Elementary
Garage Spaces
Garage Y/NNo
Gross Income62400
HeatingOther
High SchoolMeigs County High School
LevelsOne
Living Area4816
Living Area UnitsSquare Feet
Lot Size UnitsAcres
Middle/Junior High SchoolMeigs Middle School
Net Operating Income62400
New ConstructionNo
Number Of Units Total9
Operating Expense0
OwnerPaysElectricity, Water
PossessionClose Of Escrow
Property Attached Y/NYes
Property TypeResidential Income
Rent IncludesElectricity, Water
RoofMetal
Senior Community Y/NNo
SewerSeptic Tank
Standard StatusActive
StatusActive
Stories Count1
Subdivision Nameno
Tax Annual Amount1575
Tenant PaysCable TV
Total Actual Rent2200
UtilitiesWater Available
Year Built1977
Year Built DetailsExisting
Zoningcommercial

Exterior for 5551 River Road

Building Area Total4816
Covered Spaces
InclusionsAppliances, No Furnishing
Lot Dimensions2.4 acres
Parking FeaturesDriveway, Gravel
Total Parking0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Meigs Middle School
High School Meigs County High School
Elementary School Meigs North Elementary

Anthony Martin

Agent | Owner
Price $495,000
MLS#3281095
List Date 07/15/2026
Property Type Multi-Family
Request Tour
Request Info
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