GREAT INVESTMENT OPPORTUNITY! This unique Tellico Plains property has endless possibilities for your entrepreneur dreams. Located on the side of the main Highway it gets non-stop traffic for drive-by exposure. The property has 1 studio apartment and another apartment with 1 bedroom. Both apartments include rustic furnishings and decor and each have a full bathroom and some kitchenette space. The apartments comes fully furnished. The building also includes an 840SF space with a full bathroom and laundry room with washer/dyer. This space is zoned commercial and has numerous possibilities whether you turn it into a third apartment, use it as a store or run a small restaurant. Outside you will find tons of unique character and adequate parking. The side of the building has an oversized carport which would make the perfect entertainment space or parking/storage. This property really has so much to offer and is just minutes to town with dining and shopping. Also nearby is hiking, Cherahala Skyway, and Tellico River. Come be apart of the Tellico Plains community and put your business dreams to work! **Seller will consider owner financing with 30% down**
For sale
Price cut: $20K (6/9)
$269,900
11882 Highway 68, Tellico Plains, TN 37385
3beds
1,704sqft
Est.:
Triplex
Built in 1976
-- sqft lot
$256,900 Zestimate®
$158/sqft
$-- HOA
What's special
Entertainment spaceRustic furnishings and decorUnique characterKitchenette spaceAdequate parkingLaundry roomOversized carport
- 37 days
- on Zillow |
- 414 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: June 09, 2025 at 01:03pm
Listed by:
Stephanie McFall 423-309-1728,
Zach Taylor - Chattanooga 855-261-2233
Source: Greater Chattanooga Realtors,MLS#: 1512481
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Propane
Cooling
- Window Unit(s)
Appliances
- Included: Washer, Refrigerator, Microwave, Free-Standing Electric Range, Dryer, Cooktop, Bar Fridge
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Open Floorplan
- Flooring: Concrete, Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,704
- Total interior livable area: 1,704 sqft
- Finished area above ground: 1,704
Property
Parking
- Total spaces: 3
- Parking features: Gravel, Parking Lot
- Carport spaces: 3
Features
- Stories: 1
- Patio & porch: Front Porch, Patio, Porch
- Exterior features: Private Yard, Storage
Lot
- Size: 0.4 Acres
- Dimensions: 150 x 118.3
- Features: Level, Sloped
Details
- Parcel number: 188042.00
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Wood Siding
- Foundation: Slab
- Roof: Metal
Condition
- Fixer,Updated/Remodeled
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Tellico Plains
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $92,100
- Annual tax amount: $561
- Date on market: 5/8/2025
- Listing terms: Conventional,Owner May Carry
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