2353 Highway 107
Unicoi, TN, 37692 $ 640,000
Bedrooms5 Baths0.0 Monthly Estimate*
$ 3,941
for $640,000 with 5 bedrooms. This home was built in 2020.
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.
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FeaturesGeneralHeating Baseboard Electric Other
Cooling Wall/Window Unit(s) Ceiling Fan(s)
Utilities Electricity Available
Possession Close Of Escrow
Roof Metal
Garage Spaces 1
Security Features Smoke Detector(s)
Construction Materials Frame Other
Year Built 2020
Tenant Pays Other Electricity
Levels Three Or More
County Unicoi County TN
New Construction N
Property Type Residential Income
Attached Garage N
Garage Y/N Y
Rent Includes Water Other
Status Active
Buyer Financing Other Conventional
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.
City Unicoi
Senior Community Y/N N
Number Of Units Total 1
Lot Size Units Acres
Year Built Details Existing
Tax Annual Amount 3956
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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ExteriorTotal Parking 1
Lot Dimensions 0
Waterfront Y/N N
Covered Spaces 1
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InteriorAir Conditioning Y/N Y
Heating Y/N Y
Laundry Features Washer Hookup Electric Dryer Hookup
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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* Excluded FeaturesList ByWallace-Jennifer Scates GroupBroker
JScates@wallacetn.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,941
- Monthly Property Taxes
- $330
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Unicoi, TN
Average List Price $640,000
Percent of Sale Price 0%
About Unicoi, TN 3,592 Population
4% Since 2002
$ 40,279 Median Income
45.78 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/4/2025 | $640,000 | | Listed Price |