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    673 Reagan Valley Rd Tellico Plains, TN 37385

    New
    For Sale
    $349,500

    MULTI_FAMILY - Tellico Plains, TN

    Property size:
    876 SF
    Days on Market:
    1
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 673 Reagan Valley Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2
    Bedrooms
    5
    APN
    115 024.00
    Parking features
    Carport, Off Street
    Patio and Porch features
    Porch, Patio
    Exterior features
    Barn, Detached Workshop
    Appliances
    Dryer, Refrigerator, Self Cleaning Oven, Washer
    Size
    876 SF

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    2020
    Number of units
    2
    Building materials
    Vinyl Siding, Frame
    Roof type
    Metal
    Additional Structures
    Workshop

    Honors Real Estate Services (865) 238-0002 [email protected]

    Listing agent Krista Freshour (865) 776-9608

    Listing date Dec 6, 2025

    MLS# 1322537 Listing URL

    Copyright © 2025 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.

    Overview

    Income-Producing Homes on Unrestricted Acres

    This property features two income-producing homes situated on eight private, unrestricted acres. The property includes a large two-story barn, a workshop building, a storage building with a chicken coop, and a one-room hunting cabin overlooking a creek. Both homes are currently leased, providing immediate income. The main home includes three bedrooms and two full bathrooms, while the second home offers two bedrooms and one full bathroom. The leases are in place through July and September 2026. The barn and workshop are suitable for equipment, vehicles, or storage. The rustic one-room cabin near the creek presents an opportunity for additional income. The properties are located at 673 and 679 Reagan Valley Rd in Tellico Plains, TN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tellico Plains
    County
    Monroe
    State
    Tennessee
    Longitude
    -84.338624
    Latitude
    35.420114

    Nearby Similar for Sale

    • $235,000
      1,704 SF

      Mixed-Use Property in Tellico Plains

      Unique investment opportunity with residential and commercial potential.
      11882 Hwy, Tellico Plains, TN 37385
      View Details
    • $395,000
      9.77 Acres

      Tellico Plains Land with Barn

      9.77 acres with barn, pasture, and mountain views.
      Tract 1 Fairview Knl, Tellico Plains, TN 37385
      View Details

    FAQs

    What type of property is this?
    Duplex - Two homes on 8 acres, leased through 2026.
    Where is this duplex located?
    The property is located at 673 Reagan Valley Rd Tellico Plains, TN.
    What is the asking price?
    The asking price for this property is $349,500.
    What are key features of this property?
    This property features: - Two income-producing homes on one property, providing instant and stable cash flow.; - Eight private, unrestricted acres offering flexibility and potential for various uses.; - Includes a large two-story barn and detached workshop, adding value and potential income streams.
    (865) 776-9608
    Request Owner's contact information
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    Tellico Plains, TN 37385
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    673 Reagan Valley Rd Tellico Plains, TN 37385
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