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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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.