2353 Highway 107 Unicoi, TN 37692
Listing Courtesy of: East Tennessee Realtors / Wallace Jennifer Scates Group / Jennifer Scates

  2353 Highway 107 Unicoi, TN 37692

Active
$640,000 (USD)

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!

MLS #:
1317554
Taxes
$3,956
Lot Size
1.88 acres
Type
Multifamily
Year Built
2020
County
Unicoi County

Listed By

Jennifer Scates, Wallace Jennifer Scates Group
Source
East Tennessee Realtors
Last checked Oct 4 2025 at 9:28 AM GMT+0000
Bathroom Details
Interior Features
  • Appliances : Dryer
  • Appliances : Refrigerator
  • Interior Features : Cathedral Ceiling(s)
  • Appliances : Washer
  • Appliances : Range
  • Windows : Windows - Dble Pane
Heating and Cooling
  • Other
  • Baseboard
  • Electric
  • Ceiling Fan(s)
  • Wall Cooling
Exterior Features
  • Roof: Metal
Parking
  • On Premise Parking
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Mortgage calculator estimates are provided by Wallace and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 East Tennessee Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/4/25 02:28