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Active 82 days on market

Rutledge

Rutledge, TN 37861 · Grainger County

$699,000

Sq ft
1,248
Built
2025

Listing courtesy of Wallace · MLS #1351081

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.

Details

Home

Type
Residential Income
Year built
2025
Living area
1,248 sq ft
Parking
On Premise Parking

Interior

Flooring
Luxury Vinyl Plank

Exterior

Construction
Frame

Utilities

Heating
Heat Pump, Electric

Listing

MLS #
1351081
Status
Active
On market
82 days
Listed
Aug 7, 2026
Finances
Property tax
County only
Outside city limits
HOA
None
No association dues
Price per sq ft
$560
1,248 sq ft

Price history

Aug 7, 2026
Listed
$699,000

Accepted

  • Cash
  • Other

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Call (865) 535-7119
Location
County
Grainger
ZIP
37861

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Listing courtesy of Wallace. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1351081.