2353 Highway 107, Unicoi, TN 37692 (MLS# 1317554)

2353 Highway 107, Unicoi, TN 37692

$625,000

Property Type: Multi-Family Lot Size (sq. ft.): 81,892 Status: Active

Current Price: $625,000 List Date: 10/04/2025 Last Modified: 3/23/2026

Overview

Description

For Sale: 2353 Highway 107, Unicoi, TN 37692 Fully Rented Triplex + Micro RV/Tiny Home Park Opportunity on the River! Welcome to 2353 Highway 107, a dream investment property offering endless opportunity in the scenic Limestone Cove area of Unicoi, TN. Nestled on 1.9 acres along the North Indian Creek River, this property combines modern renovations, multiple income streams, and future expansion potential. This impressive 5,000 sq. ft. building has been completely reimagined with over $100,000 in renovations and includes three beautifully finished townhomes (completed January 2024). The property is fully rented, providing immediate income for a new owner. Two townhomes are approximately 1,200 sq. ft. each, featuring 2 bedrooms, 2 full bathrooms, and a flexible office/bonus room. Both are currently rented for $1,350/month each. The expansive 2,400 sq. ft. garage loft offers multi-use potential — currently rented for $1,500/month — featuring 1 bedroom, a spacious loft room, kitchen, dining area, laundry setup, and 12' garage doors perfect for large vehicles or event use. Beyond the building, this property offers incredible development potential with a partially completed Micro RV/Tiny Home Park. $30,000 in groundwork and site prep already completed 7 total lots near the river 4 lots approved for septic, water, and electric 3 additional lots approved for water and electric only Clearing and grading complete with utilities ready for final connection Additional features include: Over 109 ft of road frontage on Highway 107 Fenced side yard Outdoor shed for additional storage Shared laundry center for tenants and guests in main building. Unit 3 has their own laundry. With flexible zoning and a unique combination of riverfront access, full occupancy, rental income, and expansion potential, this property is ideal for investors, developers, or entrepreneurs. Whether you envision continuing the development into a Micro RV/Tiny Home Park, operating short-term rentals, or creating a venue or retreat space, the possibilities are endless. This income-producing, fully rented riverfront property is ready for its next owner — schedule your showing today!

Listing Details MLS# 1317554

Location Tax Legal Info

House #: 2353
Street Name: Highway 107
State/Province: TN
Zip Code: 37692
PIN #: 019 014.11

Contract Info

Auction Y/N: No
Listing Price: 625000

General Property Description

Lot Size SqFt: 81892
Number of Units: Yes
# Units Leased: 2
Utilities/Mo Avg: 180
Year Built: 2020
Property Status: N/A
Driveway: yes
Lot Dimensions: No

Status Change Info

Status Change Date: 2025-10-04

Location, Tax & Legal Info

Area: Unicoi County
City/County Code: County
Total Tax: 3956.47

Remarks & Misc

Directions: From I 26 towards Asheville. Take Unicoi exit 32. Left at ramp. Right onto Old Erwin hwy. go 1 mile and turn left onto HWY 107 at Hardware Store. Property will be on the left. Sign on property.
Public Remarks: For Sale: 2353 Highway 107, Unicoi, TN 37692 Fully Rented Triplex + Micro RV/Tiny Home Park Opportunity on the River! Welcome to 2353 Highway 107, a dream investment property offering endless opportunity in the scenic Limestone Cove area of Unicoi, TN. Nestled on 1.9 acres along the North Indian Creek River, this property combines modern renovations, multiple income streams, and future expansion potential. This impressive 5,000 sq. ft. building has been completely reimagined with over $100,000 in renovations and includes three beautifully finished townhomes (completed January 2024). The property is fully rented, providing immediate income for a new owner. Two townhomes are approximately 1,200 sq. ft. each, featuring 2 bedrooms, 2 full bathrooms, and a flexible office/bonus room. Both are currently rented for $1,350/month each. The expansive 2,400 sq. ft. garage loft offers multi-use potential — currently rented for $1,500/month — featuring 1 bedroom, a spacious loft room, kitchen, dining area, laundry setup, and 12' garage doors perfect for large vehicles or event use. Beyond the building, this property offers incredible development potential with a partially completed Micro RV/Tiny Home Park. $30,000 in groundwork and site prep already completed 7 total lots near the river 4 lots approved for septic, water, and electric 3 additional lots approved for water and electric only Clearing and grading complete with utilities ready for final connection Additional features include: Over 109 ft of road frontage on Highway 107 Fenced side yard Outdoor shed for additional storage Shared laundry center for tenants and guests in main building. Unit 3 has their own laundry. With flexible zoning and a unique combination of riverfront access, full occupancy, rental income, and expansion potential, this property is ideal for investors, developers, or entrepreneurs. Whether you envision continuing the development into a Micro RV/Tiny Home Park, operating short-term rentals, or creating a venue or retreat space, the possibilities are endless. This income-producing, fully rented riverfront property is ready for its next owner — schedule your showing today!

More Information

Fencing

Fenced Yard: Yes

Property Sub-Type

Triplex: Yes

Construction

Frame: Yes

Type of Units

1 Bedroom Unit: Yes
2 Bedroom Unit: Yes
Unfurnished: Yes

Siding

Other: Yes

Sale Includes

Building and Land: Yes

Miscellaneous

Patio: Yes
Utility Room: Yes

Cooling

Ceiling Fan(s): Yes
Wall Cooling: Yes

Floors

Luxury Vinyl Plank: Yes

Garage/Parking

Garage Spaces: 1
On Premise Parking: Yes

Tenant Expenses

Electricity: Yes
Other: Yes

Owner Expenses

Common Area Maintenance: Yes
Lawn Maintenance: Yes
Water: Yes

Fuel

Electric: Yes

Heat

Baseboard: Yes
Other: Yes

Appliances

Dryer: Yes
Range: Yes
Refrigerator: Yes
Smoke Detector: Yes
Washer: Yes

Other Rooms

Mstr Bdrm Main Level: Yes
Split Bedroom: Yes

Roof

Metal: Yes

Exterior Features

Patio: Yes
Porch - Covered: Yes
Shed: Yes
Windows - Dble Pane: Yes

Misc Features

Cathedral Ceiling(s): Yes
Internet Available: Yes
Washer/Dryer Connect: Yes

New Financing

Cash: Yes
Conventional: Yes
Exchange: Yes
New Loan: Yes

Showing

See Agent Instructns: Yes

Property Features

Property Sub-Type: Triplex Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; Unfurnished Sale Includes: Building and Land Floors: Luxury Vinyl Plank Tenant Expenses: Electricity; Other Owner Expenses: Common Area Maintenance; Lawn Maintenance; Water Fuel: Electric Heat: Baseboard; Other Cooling: Ceiling Fan(s); Wall Cooling Appliances: Dryer; Range; Refrigerator; Smoke Detector; Washer Construction: Frame Roof: Metal Siding: Other Exterior Features: Patio; Porch - Covered; Shed; Windows - Dble Pane Misc Features: Cathedral Ceiling(s); Internet Available; Washer/Dryer Connect Other Rooms: Mstr Bdrm Main Level; Split Bedroom Fencing: Fenced Yard Miscellaneous: Patio; Utility Room New Financing: Cash; Conventional; Exchange; New Loan Showing: See Agent Instructns

Listing Office: Wallace Jennifer Scates Group

IDX

Office Phone: 865-253-7889

Last Updated: March - 23 - 2026

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.