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Charlene Goodwin
REALTOR®, #228392
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Please Call For Address, Rutledge, TN 37861

$699,000
  • Please Call For Address, Rutledge, TN 37861 Main Photo

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Active
BEDS0 BATHS SQUARE FEET1,248 MLS#1351081
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property 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 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.

| MLS# 1351081

This multi-family property located at , Rutledge, TN 37861 is currently listed for sale with an asking price of $699,000. Search Rutledge real estate on cgoodwin.fergusonrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Fuel Type: Electric
Heating: Heat Pump, Electric
Lot Size: 1181x1571x46x707x83x102x340x805

Feature Descriptions

Days on Site: 9
Exterior: Frame, Other
Lot Dimensions: 1181x1571x46x707x83x102x340x805
Parcel #: 061 056.07 000
Parking: On Premise Parking
SQFT Total: 1248
Units: 3

Listed By / Shown By

Listed By

Agency Name: Wallace

Shown By

Agent Name: Charlene Goodwin
Agent Phone: (865) 973-3284
Agency Title: Ferguson Realtors

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Estimate Your Payment

Estimated Payment

$ 3,738.40 per month $3,534.52 Principal & Interest $0.00 Property Tax (data not provided by mls) $203.88 Homeowner's Insurance

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TREC # 15429 Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/17/2026. The listing information on this page last changed on 08/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 08/17/2026 1:14:17 AM EST) or East Tennessee REALTORS (last updated Mon 08/17/2026 12:24:48 AM EST). Real estate listings held by brokerage firms other than Ferguson Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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