55515611 River Road Decatur, TN ^$ 600,000

55515611 River Road

^$ 600,000

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55515611 River Road

Decatur, TN, 37322

^$ 600,000

Studio Baths0.0 Sq 5,905

Monthly Estimate*

^$ 3,788

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Studio

Multi-Family Home for sale in Decatur, TN

for $600,000. This 5,905 square foot home was built in 1977.

Income producing property by the river! This property includes 8 cabins with 2 bedroom 1 bath, one single wide with 3 bedroom 2 bath, a double wide with 3 bedroom 2 bath and an extra lot across the street.

Multi-Family Pending

Price

^$ 600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,845

Style

Year Built

1977

Town/City

Decatur

County/Region

Meigs

MLS | Web ID

3281095

Features

General

Living Area 5905

Sewer Septic Tank

Heating Central

Cooling Central Air Wall/Window Unit(s)

Utilities Water Available

Possession Close Of Escrow

Roof Shingle

Construction Materials Vinyl Siding

Year Built 1977

Stories Count 1

Levels One

County Meigs County TN

New Construction N

Property Type Residential Income

Attached Garage N

Contingency Financing

Status Under Contract - Not Showing

Buyer Financing Conventional Other

Directions From decatur take river road north to property on the left.

High School Meigs County High School

City Decatur

Senior Community Y/N N

Number Of Units Total 10

Lot Size Units Acres

Elementary School Meigs North Elementary

Year Built Details Existing

Tax Annual Amount 1845

Middle/Junior High School Meigs Middle School

Building Area Units Square Feet

Living Area Units Square Feet

Standard Status Pending

Interior

Flooring Carpet Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Below Grade Finished Area Unit Type Square Feet

Above Grade Finished Area Unit Type Square Feet

Exterior

Parking Features Driveway Gravel

Water Source Public

Total Parking 0

Building Area Total 5905

Waterfront Y/N N

Internal Only

Street Number 1 55515611

* Excluded Features

List By

East Tennessee Properties Llc

Broker

waldentenmile@gmail.com

Affordability Calculator

$3,942

Per Month

Monthly Principal & Interest: $3,788
Monthly Property Taxes: $154
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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.

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Nearby

Trends
Schools

Multi-family listings in Decatur, TN

Average List Price ^$400,000

Percent of Sale Price 33%

About Decatur, TN

1,669 Population

15% Since 2002

^$38,416 Median Income

43.83 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4319299 Elementary School

4313766 Middle School

Meigs County High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/15/2026	$600,000		Listed Price

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55515611 River Road, Decatur, TN, 37322 is a Multi-Family Home for sale at $600,000 with 5,905 sqft. 55515611 River Road is a studio with 0.0 baths and was built in 1977. The property's zip code is 37322 which is in Decatur, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of RealTracs Solutions. Real estate listings held by firms other than Weichert Realtors are marked with the Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker’s Firm Name.

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 is updated as of 7/16/2026.

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55515611 River Road

Multi-Family Home for sale in Decatur, TN

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