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Renovated Triplex with River Setting
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 Market347

Property Features for 2353 Highway 107

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bathroom 5, Bedroom 3, 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)

Amenities

shared laundry center
fenced yard
outdoor shed

Building Details

Year built 2020
Number of units 1
Building materials Frame
Roof type Metal
Listing Agency: Wallace Jennifer Scates Group
Listed By: Jennifer Scates · License #334295
Added: Oct 4, 2025 Changed: Sep 12 Last Checked: Sep 15 at 6:06AM
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.

This three-unit property in Unicoi includes two finished townhomes and a garage loft residence, with renovations completed in January 2024. Each townhome offers two bedrooms, two full bathrooms, and an office or bonus room. The loft includes a bedroom, loft room, kitchen, dining area, laundry setup, and 12-foot garage doors. Interior features include cathedral ceilings, electric baseboard heat, wall-unit cooling, and a mix of private and shared laundry facilities.

The property sits along North Indian Creek River with road frontage on Highway 107 and includes a fenced side yard, porch, patio, and outdoor storage shed. A partially completed Micro RV/Tiny Home Park adds seven planned lots, with site clearing, grading, and groundwork completed. Four lots are approved for septic, water, and electric, while three additional lots are approved for water and electric.

Key Highlights

  • Three‑unit property with two townhomes and a garage loft residence
  • Two townhomes are approximately 1,200 sq. ft. each with 2 bedrooms, 2 full bathrooms, and an office/bonus room
  • Garage loft includes 1 bedroom, loft room, kitchen, dining area, laundry setup, and 12' garage doors

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied three-unit property with expansion areas and shared tenant amenities.
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: Three‑unit property with two townhomes and a garage loft residence; Two townhomes are approximately 1,200 sq. ft. each with 2 bedrooms, 2 full bathrooms, and an office/bonus room; Garage loft includes 1 bedroom, loft room, kitchen, dining area, laundry setup, and 12' garage doors
More about this property
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