- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around





Street View
$495,000
Monthly Est:$2,464
-- Bed
- -- Bath
--sqft
5551& 5611 River Rd, Decatur, TN 37322
$495,000
$2,464/moEst:
Get Pre-Approved
Multi Family
Built in 1977
$-- HOA
-- sqft lot
--/sqft
Description
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.
- Houzeo last checked: 9 minutes ago
- Listing updated: September 19, 2026 at 1:27 am
- Listing Provided by: Cali M Walden (423) 506-9559 | East Tennessee Properties, LLC (423) 334-0070
- Source: East Tennessee REALTORS® MLS-TN | MLS#: 1349183

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1977
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
East Tennessee REALTORS® MLS
MLS Number
1349183
MLS Status
Active
Days on Market
77

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Other
Flooring
Laminate, Carpet, Tile
Appliances
Range, Refrigerator
Cooling
Other, Window Unit(s)
Construction
Year Built
Year Built: 1977
Home type
Multi Family
Roof
Metal
Construction Materials
Vinyl Siding, Frame
Utilities & Energy
Parking Features
None
Price History
| Date | Event | Price |
|---|---|---|
07/23/2026 Source: | Price Decreased | $495,000 -17.50% $0/sqft |
07/23/2026 Source: | Listed for Sale | $600,000 $0/sqft |
Find Homes by Property Features in Decatur, TN
Based on information from the Knoxville Area Association of REALTORS MLS through Oct 09, 2026, 04:45AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Knoxville Area Association of REALTORS® MLS. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.