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$699,000

Active Listing ID 1351081
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1,248 square feet
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$699,000

Active Listing ID 1351081
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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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Roof Type: Metal
  • Heating Fuels: Heat Pump (Heating), Electric (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 699000
  • postalcity: Rutledge
  • stateorprovince: TN
  • country: US
  • postalcode: 37861
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 1248
  • livingareaunits: Square Feet
  • listagentfullname: Randy Hobbs
  • listagentemail: randy.hobbs03@gmail.com
  • listagentkey: 3yd-KAARMLSTN-328845
  • listagentmlsid: 328845
  • listagentpreferredphone: 8659737546
  • listagentofficephone: 8653424200
  • listofficekey: 3yd-KAARMLSTN-2712
  • listofficemlsid: 2712
  • disclaimer: Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KAARMLSTN
  • yearbuilt: 2025
  • listingcontractdate: 2026-08-06
  • listagenturl: http://randyhobbsrealtor.com
  • countyorparish: Grainger County - 45
  • parcelnumber: 061 056.07 000
  • cooling: Central Air
  • constructionmaterials: Frame
  • heating: Heat Pump (Heating), Electric (Heating)
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: False
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Wallace", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"randy.hobbs03@gmail.com", "ListBrokerageCity":"Knoxville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"cstallings@wallacetn.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/500516818bbf11e0bc1e00219b994c72k-c1976626707r.png", "ListBrokerageName":"Wallace", "ListBrokeragePhone":"(865) 584-4000", "ListBrokeragePostalCode":"37919", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"140 Major Reynolds Place", "ListBrokerageWebsiteUrl":"http://www.wallacetn.com", "ListOfficeAddress1":"9420 Northshore Drive Suite 101", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"2712", "ListOfficeCity":"Knoxville", "ListOfficeCountry":"US", "ListOfficeEmail":"will@wallacetn.com", "ListOfficePostalCode":"37922", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family, Rutledge, TN", "ListingURL":null, "MLSModificationTimestamp":"2026-08-07 19:17:53", "Neighborhoods":[{"Description":null, "Name":"Grainger County - 45"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":122, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/19/2026 10:44:52 PM GMT
Source Updated Date: 9/5/2026 12:48:18 AM GMT

Courtesy of: Randy Hobbs, Wallace, randy.hobbs03@gmail.com

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.