$125,000

1108 &1112 S Walnut Dr Erwin, TN 37650

Estimated payment $818/month

Total Views 515
4 Beds
2 Baths
1,300 Sq Ft
$96 Price per Sq Ft

Highlights

  • Deck
  • Paneling
  • Manufactured Home
  • No HOA
  • Window Unit Cooling System
  • Level Lot

About This Home

This is a turnkey investment opportunity featuring two single-wide mobile homes, each offering 2 bedrooms and 1 full bath. One unit is currently occupied on a month-to-month lease at $400/month, providing immediate cash flow. The second unit is vacant but requires minimal work to be rent-ready, offering quick upside potential.

With both units rented, this property could generate strong monthly income with low overhead. Whether you're looking to expand your rental portfolio or secure a low-maintenance, high-yield asset, this property checks all the boxes. Solid ROI potential with room to increase rents over time.

Opportunities like this don't come around often—act quickly to capitalize on this affordable investment!

Listing Agent

Shana Wilcox

CENTURY 21 LEGACY License #292458 Listed on: 07/18/2025

CENTURY 21 LEGACY

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1977

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 97 x 163
  • Level Lot
  • Property is in average condition

Home Design

  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Paneling
  • Range
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Rock Creek Elementary School
  • Unicoi Co Middle School
  • Unicoi Co High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Additional Features

  • Deck
  • Manufactured Home

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 023j B 005.00

Property Details

Home Type

Manufactured Home

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Directions: Take Exit 37 toward Erwin onto US‑19W / SR‑81 / SR‑107 North Follow US‑19W N into Erwin town center (about 4.5 miles). As you approach central Erwin, turn left onto S Walnut St. Continue for a short distance to reach 1108 S Walnut St on your left.
  • Prop. Type: Residential
  • Year Built: 1977
  • Body Type: Single Wide
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Other
  • New Construction: No
  • Reso Structure Type: Manufactured House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.29
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Rock Creek
  • General Property Description Middle School2: Unicoi Co
  • General Property Description High School3: Unicoi Co
  • General Property Description HOA YN: No
  • Water Public: Yes
  • General Property Description Lot Dimensions: 97 x 163
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1300.0
  • General Property Description Above Grade SqFt: 1300.0
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • General Property Description Parcel ID2: 023j B 005.00
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • Roof Metal3: Yes
  • Excluded From Sale A C Window Units: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Body Type Single Wide: Yes
  • Structure Type:Manufactured House: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Flooring: Carpet, Laminate
  • Window Features: Single Pane Windows
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • General Property Description Baths - Full: 2
  • Appliances Range: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Acres: 0.29
  • Topography: Level
  • Home Warranty: No
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Deck
  • PorchPatioDeck Deck: Yes
  • Window Features:Single Pane Windows: Yes
  • Exterior Finish Aluminum Siding: Yes

Utilities

  • Heating: Natural Gas
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Rock Creek
  • High School: Unicoi Co
  • Middle Or Junior School: Unicoi Co

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 97 x 163
  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 023j B 005.00

Tax Info

  • Tax Book Number: 476

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $125,000 -- $96 / Sq Ft
Source: Tennessee/Virginia Regional MLS

Similar Homes in Erwin, TN

  • 102 Tolley Ln, Erwin, TN 37650

    $149,900

    • 3 Beds
    • 2 Baths
    • 1,144 Sq Ft
    • 102 Tolley Ln
    • Erwin, TN

    Seller is offering a $5,000 allowance to buyer at closing. Nestled in the heart of Erwin, TN, this charming 3-bedroom, 2-bathroom fence backyard home offers the perfect blend of modern updates and natural beauty. Sitting on 0.5 acres, the property boasts breathtaking mountain views from the front covered deck, creating a serene retreat for relaxation.Recent upgrades enhance the home's

    KP Muingbeh NextHome Magnolia Realty

    Section Image
  • 80 Zack Whitson Ln, Erwin, TN 37650

    $145,000

    • 3 Beds
    • 2 Baths
    • 1,008 Sq Ft
    • 80 Zack Whitson Ln
    • Erwin, TN

    Nice Move In Ready Home! This 3 bedroom 2 bath home has a lot to offer. Including kitchen appliances, washer and dryer. Updates include a newer roof and heat-pump and some hardwood flooring. Big garage/workshop with 2 bays and 2 attached shed areas. This is unrestricted property with a large lot, 2 covered porches and county taxes only. Comes partially furnished with furniture if

    Karen Shelton- Tenn Property Executives Johnson City

    Section Image

Source: Tennessee/Virginia Regional MLS

MLS Number: 9983313

Tennessee/Virginia Regional MLS