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Active 389 days on market

2353 Highway 107

Unicoi, TN 37692 · Unicoi County

$549,000

$76,000 price cut · Oct 6

Acres
1.88
Built
2020

Listing courtesy of Wallace Jennifer Scates Group · MLS #1317554

Description

For Sale: 2353 Highway 107, Unicoi, TN 37692 Fully Rented Triplex + Micro RV/Tiny Home Park Opportunity on the River!

Welcome to 2353 Highway 107, a dream investment property offering endless opportunity in the scenic Limestone Cove area of Unicoi, TN. Nestled on 1.9 acres along the North Indian Creek River, this property combines modern renovations, multiple income streams, and future expansion potential.

This impressive 5,000 sq. ft. building has been completely reimagined with over $100,000 in renovations and includes three beautifully finished townhomes (completed January 2024). The property is fully rented, providing immediate income for a new owner.

Two townhomes are approximately 1,200 sq. ft. each, featuring 2 bedrooms, 2 full bathrooms, and a flexible office/bonus room. Both are currently rented for $1,350/month each.

The expansive 2,400 sq. ft. garage loft offers multi-use potential -- currently rented for $1,500/month -- featuring 1 bedroom, a spacious loft room, kitchen, dining area, laundry setup, and 12' garage doors perfect for large vehicles or event use.

Beyond the building, this property offers incredible development potential with a partially completed Micro RV/Tiny Home Park.

$30,000 in groundwork and site prep already completed

7 total lots near the river

4 lots approved for septic, water, and electric

3 additional lots approved for water and electric only

Clearing and grading complete with utilities ready for final connection

Additional features include:

Over 109 ft of road frontage on Highway 107

Fenced side yard

Outdoor shed for additional storage

Shared laundry center for tenants and guests in main building. Unit 3 has their own laundry.

With flexible zoning and a unique combination of riverfront access, full occupancy, rental income, and expansion potential, this property is ideal for investors, developers, or entrepreneurs. Whether you envision continuing the development into a Micro RV/Tiny Home Park, operating short-term rentals, or creating a venue or retreat space, the possibilities are endless.

This income-producing, fully rented riverfront property is ready for its next owner -- schedule your showing today!

Details

Home

Type
Residential Income
Year built
2020
Garage
1-car
Parking
On Premise Parking

Interior

Rooms
Split Bedroom, Mstr Bdrm Main Level
Flooring
Luxury Vinyl Plank
Appliances
Refrigerator, Range, Washer, Dryer
Features
Cathedral Ceiling(s)
Also
Washer/Dryer Connect, Cathedral Ceiling(s), Internet Available

Exterior

Construction
Frame
Porch & patio
Patio, Porch - Covered
Fencing
Fenced Yard
Other structures
Shed(s)

Land

Lot size
1.88 acres

Utilities

Heating
Baseboard, Electric

Listing

MLS #
1317554
Status
Active
On market
389 days
Listed
Oct 4, 2025
Finances
Property tax
County only
Outside city limits
HOA
None
No association dues

Price history

Oct 6, 2026
Price cut
$549,000 −$76,000
Before
Listed
$625,000

Accepted

  • Cash
  • Conventional
  • 1031 Exchange
  • New Loan

Instant pre-approval

Get pre-approved before you tour.

Answer a few quick questions about your income and expenses by phone, and get pre-approved on the spot.

  • Takes 3 minutes
  • No credit pull
  • Fully automated
  • Available 24/7
Call (865) 535-7119
Location
County
Unicoi
ZIP
37692

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Listing courtesy of Wallace Jennifer Scates Group. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1317554.