10-Unit Riverside Multifamily
5551 River Rd, Decatur, TN 37322
For Sale
$495,000
Riverside rental property with cabins and manufactured homes.
Property Size5,905 SF
Price / SF$83.83
Days on Market87
Property Features for 5551 River Rd
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Building Details
Year Built
Listing Agency:
East Tennessee Properties LLC
Listed By:
Cali Walden · License #322745
(423) 506-9559
Source:
Fykesrealtygroup
Added: Aug 15
Changed: Oct 25
Last Checked: Oct 7 at 2:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of East Tennessee Properties LLC
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Investment Insights
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This multifamily property includes 10 rental units arranged as eight cabins, one single-wide manufactured home, and one double-wide manufactured home. The cabins each contain two bedrooms and one bathroom, while both manufactured homes offer three bedrooms and two bathrooms. An additional lot across the street is included and may provide room for future expansion or development, subject to verification.
The property is situated along the Chickamauga River with direct access to fishing and a natural riverside setting. The cabins carry commercial zoning, while the double-wide and additional lot are zoned residential. Buyer to verify intended use, local regulations, and other pertinent information.
The property is situated along the Chickamauga River with direct access to fishing and a natural riverside setting. The cabins carry commercial zoning, while the double-wide and additional lot are zoned residential. Buyer to verify intended use, local regulations, and other pertinent information.
Key Highlights
- 10 total rental units: 8 cabins, 1 single‑wide, and 1 double‑wide
- Eight cabins, each with 2 bedrooms and 1 bathroom
- Both manufactured homes feature 3 bedrooms and 2 bathrooms
Property Analytics
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Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
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Business Placement
Demographics for 37322, TN
8,855
Population
3,749
Households
2.4
Avg Household Size
45
Median Age
11%
College-Educated
80%
High-School Grad
134.8 sq mi
ZIP Area
66
Density / Sq Mi
$53,965
Median Household Income
$31,549
Median Earnings
$821
Median Rent
$184,800
Median Home Value
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Riverside rental property with cabins and manufactured homes.
Where is this multifamily property located?
The property is located at 5551 River Rd Decatur, TN.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 10 total rental units: 8 cabins, 1 single‑wide, and 1 double‑wide; Eight cabins, each with 2 bedrooms and 1 bathroom; Both manufactured homes feature 3 bedrooms and 2 bathrooms
