10-Unit Riverside Multifamily
For Sale
$600,000
55515611 River Rd, Decatur, TN 37322
Riverside rental property with cabins and manufactured homes.
Property Size5,905 SF
Price / SF$101.61
Days on Market39
Property Features for 55515611 River Rd
General Information
Standard status
Active
Size
5,905 SF
Property subtype
Residential Income
Units
Unit Mix
8 x 2BR/1BA, 2 x 3BR/2BA
Multifamily Units
10
Additional Details
Gross Income
$72,000
Taxes and HOA fees
Annual Taxes
$1,845
Listing Agency:
East Tennessee Properties LLC
(423) 506-9559
Listed By:
Cali Walden · License #322745
(423) 506-9559
Source:
Exprealty
Added: Jul 15
Changed: Aug 22
Last Checked: Aug 22 at 11:59AM
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
Investment Insights
Based on property information with market context.
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
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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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 55515611 River Rd Decatur, TN.
What is the asking price?
The asking price for this property is $600,000.
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
