Riverfront Triplex with Garage
For Sale
$625,000
2353 Highway 107, Unicoi, TN 37692
Multi-Family, Unicoi, TN
Property Size5,000 SF
Lot Size1.88 Acres
Price / SF$125
Days on Market324
Property Features for 2353 Highway 107
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Full bathrooms
5
Rooms
Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 5, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 4, Bedroom 2
Patio and Porch features
Porch, Patio
Interior features
Cathedral Ceiling(s)
Appliances
Dryer, Range, Refrigerator, Washer
Directions
From I 26 towards Asheville. Take Unicoi exit 32. Left at ramp. Right onto Old Erwin hwy. go 1 mile and turn left onto HWY 107 at Hardware Store. Property will be on the left. Sign on property.
Subdivision
Unicoi County
Standard status
Active
APN
019 014.11
Lot size
1.88 Acres
Taxes and HOA fees
Tax Annual Amount
3956
Utilities
Heating system
Electric (Heating), Baseboard
Cooling system
Ceiling Fan(s), Wall Unit(s)
Building Details
Year built
2020
Number of units
1
Building materials
Frame
Roof type
Metal
Listing Agency:
Wallace Jennifer Scates Group
(865) 253-7889
Listed By:
Jennifer Scates · License #334295
(404) 403-9855
Added: Oct 4, 2025
Changed: Aug 19
Last Checked: Aug 23 at 11:06PM
MLS# 1317554
Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property at 2353 Highway 107 is a fully rented multi-unit residence built around three finished townhomes and a larger garage loft space. The 5,000 sq. ft. building has been completely reimagined with more than $100,000 in renovations, and the townhomes were completed in January 2024. Two townhomes are approximately 1,200 sq. ft. each and include 2 bedrooms, 2 full bathrooms, and a flexible office/bonus room. A third unit is a 2,400 sq. ft. garage loft with multi-use setup, including 1 bedroom, a spacious loft room, kitchen and dining area, a laundry setup, and 12' garage doors suited for large vehicles or event use.
Set on 1.88 acres along the North Indian Creek River, the site includes more than 109 ft of road frontage on Highway 107. There is a fenced side yard and an outdoor shed for additional storage. Tenant and guest laundry is supported by a shared laundry center in the main building, and Unit 3 has its own laundry.
In addition to the current rental income, the property offers an expansion concept with a partially completed micro RV/tiny home park. Groundwork and site prep of $30,000 have been completed, with seven total lots near the river, including four lots approved for septic, water, and electric and three additional lots approved for water and electric only. Clearing, grading, and utilities readiness for final connection are in place, with flexible zoning supporting a range of operating concepts.
Set on 1.88 acres along the North Indian Creek River, the site includes more than 109 ft of road frontage on Highway 107. There is a fenced side yard and an outdoor shed for additional storage. Tenant and guest laundry is supported by a shared laundry center in the main building, and Unit 3 has its own laundry.
In addition to the current rental income, the property offers an expansion concept with a partially completed micro RV/tiny home park. Groundwork and site prep of $30,000 have been completed, with seven total lots near the river, including four lots approved for septic, water, and electric and three additional lots approved for water and electric only. Clearing, grading, and utilities readiness for final connection are in place, with flexible zoning supporting a range of operating concepts.
Key Highlights
- 1.9‑acre riverfront property on the North Indian Creek River with 109+ ft of road frontage on Highway 107
- 5,000 SF building with three income‑producing townhomes/units completed January 2024 and fully rented
- Two townhomes, each ~1,200 SF: 2 bedrooms, 2 full baths, and office/bonus room; both rented for $1,350/month
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 37692, TN
4,808
Population
2,297
Households
2.1
Avg Household Size
47
Median Age
27%
College-Educated
88%
High-School Grad
53.1 sq mi
ZIP Area
91
Density / Sq Mi
$50,469
Median Household Income
$37,873
Median Earnings
$698
Median Rent
$199,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Fully rented triplex and garage-loft rental with partially completed micro RV/tiny home park on 109-ft highway frontage.
Where is this triplex located?
The property is located at 2353 Highway 107 Unicoi, TN.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1.9‑acre riverfront property on the North Indian Creek River with 109+ ft of road frontage on Highway 107; 5,000 SF building with three income‑producing townhomes/units completed January 2024 and fully rented; Two townhomes, each ~1,200 SF: 2 bedrooms, 2 full baths, and office/bonus room; both rented for $1,350/month
