2361 Tennessee 131 Hwy
Thorn Hill, TN 37881 · Hancock County
$350,000
- Built
- 1960
Listing courtesy of Realty Executives Associates · MLS #1360304
Description
Fully leased four-unit multifamily property in Thorn Hill, surrounded by beautiful East Tennessee scenery and a peaceful, quiet setting.
All four units are occupied by established tenants, providing an income-producing opportunity with existing leases in place. A shared on-site laundry facility adds convenience for residents. Tenants are responsible for electricity, while the landlord pays for water.
A scenic rural setting and established rental history make this property worth a closer look for investors seeking to build or expand their portfolio. Financials available upon request.
*See MLS # 1360233 for investment opportunity that includes the home on the hill.
Details
Home
- Type
- Residential Income
- Year built
- 1960
- Parking
- Detached
Interior
- Flooring
- Laminate
- Appliances
- Refrigerator, Range, Washer, Dryer
Exterior
- Construction
- Frame, Metal Siding
Utilities
- Heating
- Space Heater, Electric
Listing
- MLS #
- 1360304
- Status
- Active
- On market
- Today
- Listed
- Oct 28, 2026
Finances
- Property tax
- County only
- Outside city limits
- HOA
- None
- No association dues
Price history
- Oct 28, 2026
- Listed
- $350,000
Accepted
- Cash
- Conventional
- FHA
- VA Loan
- USDA Loan
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Location
- County
- Hancock
- ZIP
- 37881
Drive times
- Tazewell 25 min
- Morristown 30 min
- Douglas Lake 60 min
- Norris Lake 60 min
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Listing courtesy of Realty Executives Associates. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1360304.