2353 Highway 107 Unicoi, TN 37692
Estimated payment $3,700/month
Total Views
8,042
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Popular Property
- Covered Patio or Porch
- Cooling System Mounted In Outer Wall Opening
- Cathedral Ceiling
- Fenced Yard
- Shed
About This Home
For Sale: 2353 Highway 107, Unicoi, TN 37692
Fully Rented Triplex + Micro RV/Tiny Home Park Opportunity on the River!
Welcome to 2353 Highway 107, a dream investment property offering endless opportunity in the scenic Limestone Cove area of Unicoi, TN. Nestled on 1.9 acres along the North Indian Creek River, this property combines modern renovations, multiple income streams, and future expansion potential.
This impressive 5,000 sq. ft. building has been completely reimagined with over $100,000 in renovations and includes three beautifully finished townhomes (completed January 2024). The property is fully rented, providing immediate income for a new owner.
Two townhomes are approximately 1,200 sq. ft. each, featuring 2 bedrooms, 2 full bathrooms, and a flexible office/bonus room. Both are currently rented for $1,350/month each.
The expansive 2,400 sq. ft. garage loft offers multi-use potential — currently rented for $1,500/month — featuring 1 bedroom, a spacious loft room, kitchen, dining area, laundry setup, and 12' garage doors perfect for large vehicles or event use.
Beyond the building, this property offers incredible development potential with a partially completed Micro RV/Tiny Home Park.
$30,000 in groundwork and site prep already completed
7 total lots near the river
4 lots approved for septic, water, and electric
3 additional lots approved for water and electric only
Clearing and grading complete with utilities ready for final connection
Additional features include:
Over 109 ft of road frontage on Highway 107
Fenced side yard
Outdoor shed for additional storage
Shared laundry center for tenants and guests in main building. Unit 3 has their own laundry.
With flexible zoning and a unique combination of riverfront access, full occupancy, rental income, and expansion potential, this property is ideal for investors, developers, or entrepreneurs. Whether you envision continuing the development into a Micro RV/Tiny Home Park, operating short-term rentals, or creating a venue or retreat space, the possibilities are endless.
This income-producing, fully rented riverfront property is ready for its next owner — schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,956
Year Built
- Built in 2020
Lot Details
- 1.88 Acre Lot
- Fenced Yard
Parking
- 1 Car Garage
- Driveway
Home Design
- Triplex
- Frame Construction
- Metal Roof
Interior Spaces
- Split Bedroom Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Utility Room
- Range
Laundry
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
- Shed
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Internet Available
Listing and Financial Details
- The owner pays for water, lawn maintenance, common area maintenance
- Assessor Parcel Number 019 014.11
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,562 | $151,560 | $12,920 | $138,640 |
| 2023 | $3,956 | $151,560 | $0 | $0 |
| 2022 | $3,562 | $151,560 | $12,920 | $138,640 |
| 2021 | $3,896 | $136,520 | $12,240 | $124,280 |
| 2020 | -- | $7,650 | $7,650 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/04/2025 10/04/25 | For Sale | $640,000 | +39.8% | -- | |
| 05/06/2022 05/06/22 | Sold | $457,800 | -16.7% | $127 / Sq Ft | View Prior Sale |
| 01/12/2022 01/12/22 | Pending | -- | -- | -- | |
| 05/11/2021 05/11/21 | For Sale | $549,900 | -- | $153 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $457,800 | Foundation Title & Escrow Seri | |
| Quit Claim Deed | -- | Foundation Title & Escrow |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $28,500 | New Conventional |
Source: Public Records
About the Listing Agent
I am an East Tennessee, Knoxville Local, Real Estate Expert ready to assist you with Buying and Selling Residential & Commercial Properties, Purchasing and Renovating Investment Properties, Property Management, and Residential & Commercial Leasing. With 14 years of experience, I provide my clients a wealth of industry experience and knowledge.
As an affiliated Broker with Wallace Real Estate, I am a part of the Leading Real Estate Companies of the World, a globally respected network of
Jennifer's Other Listings
Source: East Tennessee REALTORS® MLS
MLS Number: 1317554
APN: 086019 01411
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for 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 not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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