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Daniel Parker - Listings

BJ Can Help You Purchase This Unit

Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

5551 River Road, Decatur, 37322

Priced At: $495,000

Property Details for ID: 1349183



SqFt: 0
Price SqFt: n/a
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2026-07-23T01:12:47Z

Public Remarks: 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.

Schools Information

Elementary School:
Middle / Junior School: Meigs
High School: Meigs County

Building Description

Year Built: 1977
Sub-Type: Other
Sale Includes: Building and Land
Unit Type(s): 2 Bedroom Unit, Unfurnished

  Exterior Features

Construction: Frame
Siding: Vinyl

  Appliances

Range, Refrigerator

  Room Dimensions

  Interior Features

Floors: Carpet, Laminate, Tile
Other Rooms: Bedroom Main Level, Mstr Bdrm Main Level

  Property Details

Utilities

Fuel Types: None

Financing

Finance Options: Cash, Conventional
Gross Annual Income: 62,400

  HOA Information

Heating & Cooling

Cooling Type(s): Window Unit(s), Other
Heat Type(s): Other

Garage / Parking

None

  Community Features

Outbuildings

Presented By: / East Tennessee Properties, LLC

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

From decatur take river road north to property on the left.



Your commute

( Departing today at 8:00am )
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment.  The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment.  I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.

Four Reasons to Use Daniel Parker

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Experience Is Key

Licensed Real Estate Agent, I have the experience to solve problems that arise and the know how to avoid major pitfalls

Prompt Communicator

I will personally answer your calls, emails, text messages and all inquiries with a fast response.

Full-Time Access

My buyers and sellers have my personal cell phone number and can reach me on a full-time basis.

You Are Valued

I recognize that we are partners with our clients and as such, I strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.



Realty Executives Associates is a licensed Tennessee Real Estate Firm. Firm License #213347. Some or all of the Listing Displayed on this Site may not belong to Realty Executives Associates. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.