5551& 5611 River Rd Decatur, TN 37322
Estimated payment $3,423/month
Highlights
- Main Floor Bedroom
- Tile Flooring
- Central Heating and Cooling System
- Window Unit Cooling System
About This Home
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 10 rental units, including 8 cabins, 1 single-wide manufactured home, 1 double-wide manufactured home, and an additional lot located across the street, offering room for future expansion or development (buyer to verify intended use). The property includes eight 2-bedroom, 1-bath cabins, a 3-bedroom, 2-bath single-wide, and a 3-bedroom, 2-bath double-wide, providing a diverse mix of rental opportunities. Current owners generate approximately $6,000 in gross monthly rental income, totaling approximately $72,000 annually, with the cabins renting for $550 per month each and both manufactured homes 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, double wide is zoned residential, and the extra lot is zoned residential. Buyer to verify all pertinent information.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,845
Year Built
- Built in 1977
Home Design
- Frame Construction
- Metal Roof
- Vinyl Siding
Flooring
- Carpet
- Laminate
- Tile
Parking
- No Garage
- Gravel Driveway
Schools
- Meigs Middle School
- Meigs County High School
Utilities
- Window Unit Cooling System
- Central Heating and Cooling System
- Natural Gas Not Available
Additional Features
- Range
- Main Floor Bedroom
Community Details
- 10 Units
Listing and Financial Details
- Assessor Parcel Number 027F B 008.00, 007.00, 026.02
Map
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2026 07/23/26 | For Sale | $600,000 | -- | -- |
Source: East Tennessee REALTORS® MLS
MLS Number: 1349183
- 55515611 River Rd
- 250 Cunningham Dr
- 616 Layman Cir
- 741 Espalier Dr
- 1058 Espalier Dr
- 3710 River Rd
- 1042 Big Sewee Rd
- 339 Big Sewee Rd
- 8415 River Rd
- 56 Espalier Dr
- Lot 15 Espalier Dr
- 95 Espalier Dr
- 72 Espalier Dr
- 100-101 Espalier Dr
- Lot 95 Espalier Dr
- 61 Espalier Dr
- 0 Espalier Dr Unit RTC3042259
- 0 Espalier Dr Unit 1307854
- 0 Espalier Dr Unit RTC2955131
- 4 Espalier Dr
- 388 River Rd
- 1114 Buzzard Roost Rd
- 165 Lakeshore Ct
- 4878 Cottonport Rd
- 1719 Reed Rd
- 473 Gillespie Rd
- 250 Co Rd 129 Unit 16A
- 2009 Layman Rd
- 137 Cunningham Dr
- 2108 Congress Pkwy S
- 918 Rocky Mount Rd
- 314 Million St
- 3000 Us-11
- 206 Riggs St
- 6 Sharp Rd
- 706 N Burn Rd
- 706 Burns Rd
- 533 Anton St
- 1515 W Madison Ave Unit 1C
- 1102 Dodson St
Ask me questions while you tour the home.