$699,000

Estimated payment $3,860/month

-- Bed
-- Bath
1,248 Sq Ft
$560 Price per Sq Ft

Highlights

  • Luxury Vinyl Plank Tile Flooring
  • Central Air
  • Heat Pump System

About This Home

Three streams of income today... room for so much more tomorrow. Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one. Beyond the existing income, the possibilities are nearly endless. A logging road winds throughout the mostly wooded property, making it easy to explore the land and envision its future. Whether you're looking to expand the current rental portfolio, create a tiny home community, develop additional homesites, establish a private retreat, or simply invest in East Tennessee land, this property offers the space and flexibility to bring your vision to life. Dreaming of a homestead? This property offers the privacy, acreage, water features, and infrastructure to create your own self-sufficient lifestyle. Looking for a multigenerational family compound? With three existing residences and ample room for additional homes, it's an ideal setting for keeping loved ones close while still allowing everyone their own space. A carport/workshop with electricity and water is already in place and is positioned near a generous area of level ground, creating an ideal location for another home, guest house, workshop, or future expansion. Enjoy the peaceful setting complete with a private pond, mature timber, established logging roads, and the security of a gated entrance. Income-producing properties with this much acreage and development potential are increasingly rare. Whether you're an investor seeking immediate returns, a family searching for room to grow together, or someone ready to embrace the homesteading lifestyle, this exceptional property offers an opportunity that's difficult to duplicate.

Listing Agent

Randy Hobbs

Wallace License #328845 Listed on: 08/07/2026

Wallace

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $122

Year Built

  • Built in 2025

Lot Details

  • Lot Dimensions are 1181x1571x46x707x83x102x340x805

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • Luxury Vinyl Plank Tile Flooring

Parking

  • Gravel Driveway
  • On-Site Parking

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 061 056.07 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$122

Year Built

Built in 2025

Lot Details

0 Sq Ft Lot

Listing Details

  • Directions: From US-11E N, Turn left onto Churchview St., Turn left onto TN-92 N, Turn right onto TN-375 N. Destination will be on the left. No sign on property. Latitude: 36.259541 Longitude: -83.421294
  • Prop. Type: Residential Income
  • Year Built: 2025
  • Lot Size: 1181x1571x46x707x83x102x340x805
  • Contract Info:List PriceSqFt2: 560.1
  • General Property Description:Driveway: Gravel
  • Construction:Construction: Frame
  • Fuel:Fuel: Electric
  • Other Rooms:Other Rooms: Other
  • Property Sub-Type:Property Sub-Type: Other
  • Type of Units: Efficiency Unit, 1 Bedroom Unit, Unfurnished
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Luxury Vinyl Plank

Exterior Features

  • Construction Type: Frame, Other
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking
  • GarageParking:GarageParking: On Premise Parking

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes

Lot Info

  • Parcel #: 061 056.07 000

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 122.2
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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
08/07/2026 08/07/26 For Sale $699,000 -- $560 / Sq Ft
Source: East Tennessee REALTORS® MLS

Source: East Tennessee REALTORS® MLS

MLS Number: 1351081

East Tennessee REALTORS® MLS
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