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Gated Acreage Triplex Property
New
For Sale
$699,000

Rutledge, TN 37861, Rutledge, TN 37861

MULTI_FAMILY - Rutledge, TN

Property Size1,248 SF
Lot Size33.04 Acres
Price / SF$560.10
Days on Market3

Property Features

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Directions From US-11E N, Turn left onto Churchview St., Turn left onto TN-92 N, Turn right onto TN-375 N. Destination will be on the left. No sign on property. Latitude: 36.259541 Longitude: -83.421294
Subdivision Grainger County - 45
Standard status Active
APN 061 056.07 000
Size 1,248 SF
Lot size 33.04 Acres

Taxes and HOA fees

Tax Annual Amount 122

Utilities

Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Central Air

Amenities

carport/workshop
pond
logging roads
gated entrance

Building Details

Year built 2025
Number of units 3
Building materials Frame
Roof type Metal
Listing Agency: Wallace
Listed By: Randy Hobbs
Added: Aug 6 Changed: Aug 7 Last Checked: Aug 8 at 10:06PM
MLS# 1351081

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 triplex property combines three tiny homes with an expansive land component in Rutledge, Tennessee. The residences are occupied by long-term tenants, creating an established rental configuration. The property contains 33.04 gated acres, with mostly wooded terrain, mature timber, and a private pond. A logging road extends through the acreage, while a gated entry provides controlled access.

Additional improvements include a carport and workshop equipped with electricity and water. The structure sits near a substantial level area that may accommodate future improvements, subject to applicable approvals. The property also includes frame construction, a metal roof, central air, and heat pump and electric heating. It was built in 2025 and is identified as under construction in the property information.

Key Highlights

  • 33.04 gated acres with mostly wooded terrain and mature timber
  • Three occupied tiny homes with long‑term tenants
  • Private pond and established logging road through the property

Property Analytics

Current Use

Triplexes

Lease Details

100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 37861, TN

8,790
Population
4,391
Households
2
Avg Household Size
45
Median Age
13%
College-Educated
87%
High-School Grad
98.6 sq mi
ZIP Area
89
Density / Sq Mi
$53,797
Median Household Income
$29,535
Median Earnings
$634
Median Rent
$202,200
Median Home Value

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 - Three occupied tiny homes provide an established residential income configuration on a private wooded tract.
Where is this triplex located?
The property is located at Rutledge, TN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 33.04 gated acres with mostly wooded terrain and mature timber; Three occupied tiny homes with long‑term tenants; Private pond and established logging road through the property
More about this property
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