126 County Road 78, Riceville, TN 37370

$325,000
Property Type: Single Family Bedrooms: 6 Square Footage: 2,202 Lot Size (sq. ft.): 17,424 Status: Active
Current Price: $325,000 List Date: 11/25/2025 Last Modified: 11/26/2025

Description

Excellent investment opportunity in a prime Riceville location—just minutes from I-75 and Highway 11, and less than an hour from both Chattanooga and Knoxville. This versatile duplex offers two well-maintained units, each with its own private concrete driveway, separate electric and water meters, and generous outdoor amenities. Unit A offers roughly 1,200 sq ft with 3 bedrooms and 1.5 baths. Unit B is approximately 1,000 sq ft with 3 bedrooms and 1 full bath. Both units feature expansive screened-in back porches overlooking a large, shared backyard—complete with individual fire-pit areas—ideal for relaxing or entertaining. These units were rented until this month when the owner decided to sell, making them move-in ready for new tenants or perfect for an investor looking to renovate and increase rental income. The property also includes a large storage shed for owner or tenant use. With its flexible layout, the duplex could also be converted back into a spacious single-family home, offering additional long-term potential. Don't miss this rare chance to own a high-demand rental property in a fantastic location.

More Information MLS# 1322869

Contract Info

Auction Y/N: No Listing Price: 325000 Current Price: $325,000 Status: Active Listing Date: 2025-11-24

Location, Tax & Legal Info

Area: McMinn County - 40 Property Sub-Type: Residential City/County Code: County Total Tax: 894.41

General Property Description

Type: Other # Bedrooms: 6 Acres: 0.4 Acre Source: Tax Records # of Rooms: 12 Restrictions: No Site Built: Yes Fireplace: No Property Status: N/A SqFt - Main Lvl: 1482 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 720 SqFt - 3rd Flr Lvl: 0 # Fireplace: 0 HOA: No Basement: No Bonus Room: No Extra Storage: Yes SqFt - Total (Aprox): 2202 Baths - Full: 2 Baths - 1/2: 1 Year Built: 1986

Remarks & Misc

Directions: Take Highway 11 To Riceville. Turn onto County Road 80 toward Riceville First Baptist. Turn left onto County Road 78 after First Baptist. Home is on the left. Public Remarks: Excellent investment opportunity in a prime Riceville location—just minutes from I-75 and Highway 11, and less than an hour from both Chattanooga and Knoxville. This versatile duplex offers two well-maintained units, each with its own private concrete driveway, separate electric and water meters, and generous outdoor amenities. Unit A offers roughly 1,200 sq ft with 3 bedrooms and 1.5 baths. Unit B is approximately 1,000 sq ft with 3 bedrooms and 1 full bath. Both units feature expansive screened-in back porches overlooking a large, shared backyard—complete with individual fire-pit areas—ideal for relaxing or entertaining. These units were rented until this month when the owner decided to sell, making them move-in ready for new tenants or perfect for an investor looking to renovate and increase rental income. The property also includes a large storage shed for owner or tenant use. With its flexible layout, the duplex could also be converted back into a spacious single-family home, offering additional long-term potential. Don't miss this rare chance to own a high-demand rental property in a fantastic location.

Atchd/Dtchd Type

Detached: 1

Style

Other: 1

Construction

Frame: 1

Siding

Vinyl: 1

Fireplace

None: 1

Cooling

Central Cooling: 1 Window Unit(s): 1

Floors

Laminate: 1

Garage/Parking

None: 1

Basement

Crawl Space: 1

Lot Description

Other: 1

Fuel

Electric: 1

View

Country Setting: 1

Heat

Central: 1 Heat Pump: 1

Dining Area

Eat-in Kitchen: 1

Appliances

Range: 1 Refrigerator: 1

Exterior Features

Porch - Covered: 1 Porch - Screened: 1

Misc Features

Washer/Dryer Connect: 1

Sewer

Septic Tank: 1

Water

Public: 1

Outbuildings

Storage Shed: 1

New Financing

Cash: 1 Conventional: 1

Location Tax Legal Info

House #: 126 Street Name: County Road 78 State/Province: TN Zip Code: 37370 PIN #: 083K A 013.00 Subdivision: Riceville Hgts Geo Lat: 35.378543 Geo Lon: -84.69967

Status Change Info

Status Change Date: 2025-11-25

Property Features

Style: Other Construction: Frame Siding: Vinyl Basement: Crawl Space Lot Description: Other View: Country Setting Fireplace: None Floors: Laminate Fuel: Electric Heat: Central; Heat Pump Cooling: Central Cooling; Window Unit(s) Appliances: Range; Refrigerator Sewer: Septic Tank Water: Public Misc Features: Washer/Dryer Connect Exterior Features: Porch - Covered; Porch - Screened Outbuildings: Storage Shed Dining Area: Eat-in Kitchen New Financing: Cash; Conventional
Listing Office: Weichert Realtors - The Space Place
IDX
Office Phone: 423-745-2634
Last Updated: November - 26 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.