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5551 River Road

Decatur, TN 37322
  • $495,000
  • STATUS: Active
  • ON SITE: 83 Days
  • MLS #: RTC3281095
$495,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,816
    SQFT
  • $103
    $/SQFT
Neighborhood:
No
Type:
Multi-Family
Built:
1977
County:

School Information

Elementary School:
Middle School:

Description

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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Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (The Miles Team | Compass Tennesee, LLC, 615-375-3575). IDX information © 2026 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or The Miles Team | Compass Tennesee, LLC. 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. Data last updated 2026-10-07T00:08:21.1.

Based on information submitted to the MLS GRID as of 2026-10-07T00:08:21.1. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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5551 River Road Decatur, TN 37322

  • Price: $495,000
  • Status: Active
  • On Site: 83 Days
  • MLS #: RTC3281095
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,816
SQFT
$103
$/SQFT
1977
Built
Neighborhood:
No
County:
Meigs
Elementary School:
Meigs North Elementary
Middle School:
Meigs Middle School
High School:
Meigs County High School
Property Description
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.
Exterior Features

Attached Garage YN No Construction Materials Vinyl Siding Covered Spaces 0 Garage YN No Levels One Lot Size Dimensions 2.4 acres Parking Features DrivewayGravel Parking Total 0 Roof Metal View YN No Waterfront YN No

Interior Features

Above Grade Finished Area 4816 Cooling Wall/Window Unit(s) Cooling YN Yes Flooring CarpetTileVinyl Heating Other Heating YN Yes

Property Features

Association YN No Building Area Total 4816 Buyer Financing ConventionalOther Gross Income 62400 Inclusions AppliancesNo Furnishing Net Operating Income 62400 New Construction YN No Operating Expense 0 Owner Pays ElectricityWater Pool Private YN No Property Attached YN Yes Rent Includes ElectricityWater Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Stories 1 Tax Annual Amount 1575 Tenant Pays Cable TV Total Actual Rent 2200 Water Source Public Year Built Details Existing Zoning commercial

Realtracs Solutions logo Offered by East Tennessee Properties LLC: . Copyright 2026 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.


Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (The Miles Team | Compass Tennesee, LLC, 615-375-3575). IDX information © 2026 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or The Miles Team | Compass Tennesee, LLC. 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. Data last updated 2026-10-07T00:08:21.1.

Based on information submitted to the MLS GRID as of 2026-10-07T00:08:21.1. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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