For Sale
Multi family home for sale at 55515611 River Rd, Decatur, TN 37322 | MLS# 3281095 | Listing updated on 2026-09-19
Photo 1 of Multi family home for sale at 55515611 River Rd, Decatur, TN 37322 | MLS# 3281095 | Listing updated on 2026-09-19
Photo 2 of Multi family home for sale at 55515611 River Rd, Decatur, TN 37322 | MLS# 3281095 | Listing updated on 2026-09-19
Photo 3 of Multi family home for sale at 55515611 River Rd, Decatur, TN 37322 | MLS# 3281095 | Listing updated on 2026-09-19
Photo 4 of Multi family home for sale at 55515611 River Rd, Decatur, TN 37322 | MLS# 3281095 | Listing updated on 2026-09-19
7+
Beds Icon

Street View

$495,000

Monthly Est:$2,464

  • Beds Icon8 Beds
  • Beds Icon
    4 Baths
  • Beds Icon4,816sqft

55515611 River Rd, Decatur, TN 37322

$2,464/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1977

  • $-- HOA

  • -- sqft lot

  • $103/sq.ft

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.

Situat
ed 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: 10 minutes ago
  • Listing updated: September 19, 2026 at 1:31 am
  • Listing Provided by: Cali Walden (423) 506-9559 DRE #322745 | East Tennessee Properties LLC (423) 334-0070
  • Source: Nashville (RealTracs Mid) MLS-TN | MLS#: 3281095 Nashville (RealTracs Mid) MLS-TN

Part of

Building
55515611 River Rd
No reviews yet

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Meigs County, Tn

  • City

    Decatur

  • Neighborhood

    --

  • Year Built

    1977

  • HOA Fees

    -

  • Finished Area

    4,816 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Nashville (RealTracs Mid) MLS

  • MLS Number

    3281095

  • MLS Status

    Active

  • Days on Market

    78

Continue Your Journey in App

Find your dream home, receive real-time updates, and many more!

Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 4

Interior

  • Flooring

    Carpet, Tile, Vinyl

  • Sewer

    Septic Tank

  • Heating

    Other

  • Cooling

    Wall/window Unit(s)

Construction

  • Year Built

    Year Built: 1977

  • Home type

    Multi Family

  • Roof

    Metal

  • Construction Materials

    Vinyl Siding

Utilities & Energy

  • Utilities

    Water Available

  • Water Source

    Public

  • Parking Features

    Driveway, Gravel

Other Features

  • Tenant Pays

    Cable Tv

  • Subdivision Name

    No

Price History

DateEventPrice

07/22/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3281095

Listed for Sale

$495,000 -17.50%

$103/sqft

07/22/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3281095

Price Increased

$600,000 +21.21%

$125/sqft

07/22/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3281095

Price Decreased

$495,000 -17.50%

$103/sqft

07/15/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3281095

Pending

$600,000

$125/sqft

07/15/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3281095

Listed for Sale

$600,000

$125/sqft

Based on information from Realtracs® through Oct 09, 2026, 10:15AM. Data courtesy of Realtracs® MLS as distributed by MLS GRID. Some IDX listings have been excluded from this website. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by Realtracs® MLS. © 2026 RealTracs Solutions. 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.