1,248 sqft$560/sqft
Undisclosed Address, Rutledge, TN 37861
Est: $3,563/moGet pre-approved

Description

Three streams of income today... room for so much more tomorrow. Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one. Beyond the existing income, the possibilities are nearly endless. A logging road winds...Three streams of income today... room for so much more tomorrow. Discover the perfect blend of immediate cash flow and unlimited future potential with this one-of-a-kind commercial investment opportunity in Rutledge, Tennessee. Situated on 33.04 gated acres, this unique property includes three income-producing tiny homes, each currently occupied by long-term tenants, providing instant rental revenue from day one. Beyond the existing income, the possibilities are nearly endless. A logging road winds throughout the mostly wooded property, making it easy to explore the land and envision its future. Whether you're looking to expand the current rental portfolio, create a tiny home community, develop additional homesites, establish a private retreat, or simply invest in East Tennessee land, this property offers the space and flexibility to bring your vision to life. Dreaming of a homestead? This property offers the privacy, acreage, water features, and infrastructure to create your own self-sufficient lifestyle. Looking for a multigenerational family compound? With three existing residences and ample room for additional homes, it's an ideal setting for keeping loved ones close while still allowing everyone their own space. A carport/workshop with electricity and water is already in place and is positioned near a generous area of level ground, creating an ideal location for another home, guest house, workshop, or future expansion. Enjoy the peaceful setting complete with a private pond, mature timber, established logging roads, and the security of a gated entrance. Income-producing properties with this much acreage and development potential are increasingly rare. Whether you're an investor seeking immediate returns, a family searching for room to grow together, or someone ready to embrace the homesteading lifestyle, this exceptional property offers an opportunity that's difficult to duplicate.
LISTING UPDATED: 08/07/2026 03:17 PM

  1. Listed by Randy Hobbs • Wallace

Property Details for Undisclosed Address

Status
MLS #
1351081
Days on Market
1
Taxes
$122 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family
Year Built
2025
Lot Size
-

Amenities

  • Air Conditioning
  • Guest House
  • Parking Included

Location

Listing Courtesy of Wallace, Randy Hobbs

Building Information for Undisclosed Address

Stories-Residences3Year Built2025Building Size-Lot Size-

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$3,563 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,553

Property Taxes

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HOA Dues

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Property Information for Undisclosed Address

Summary
Location and General Information
  • City: Rutledge
  • County Or Parish: Grainger County - 45
  • 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
  • MLS Area Major: Grainger County - 45
  • MLS Area Minor: Grainger County - 45
  • Postal Code: 37861
  • State Or Province: TN
  • Location Tax Legal Info Area: Grainger County - 45
  • Remarks Misc 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
Parking
  • Attached Garage: No
  • Parking Features: On Premise Parking
  • General Property Description Driveway: Gravel
  • Garage Parking On Premise Parking: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 061 056.07 000
  • Location Tax Legal Info Total Tax: 122.2
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Year Built: 2025
  • Building Area Total: 1248.0
  • Lot Size Dimensions: 1181x1571x46x707x83x102x340x805
  • General Property Description Lot Dimensions: 1181x1571x46x707x83x102x340x805
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 0.0
  • Fuel Electric: True
Interior and Exterior Features
Exterior Features
  • Construction Materials: Frame, Other
  • Siding Other: True
Interior Features
  • Cooling: Central Cooling
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Heating Details: Heat Pump, Electric
  • Heating: Yes
  • Cooling Central Cooling: True
  • Heat - Heat Pump: True
  • Other Rooms Other: True
  • Roof Metal: True
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Type of Units Efficiency Unit: True
  • Type of Units 1 Bedroom Unit: True
  • Type of Units Unfurnished: True
Rental
Rent Information
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Heat Pump,Electric

Property History for Undisclosed Address

DateEvent & SourcePriceAppreciation
Aug 7, 2026

Listed (Active)

KAARMLS #1351081

$699,000
DateEvent & SourcePrice
08/07/2026

Listed (Active)

KAARMLS #1351081

$699,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

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Undisclosed Address is a multi-family home for sale in Rutledge, TN 37861. This property was listed for sale on August 7, 2026 by Wallace, it's currently listed at $699,000. Undisclosed Address is a 0-bed, 0-bath, 1,248 sqft multi-family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wallace, Randy Hobbs

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 08/07/2026 03:17 PM