Excellent investment opportunity in a prime Riceville location—just minutes from I-75 and Highway 11, and less than an hour from both Chattanooga and Knoxville. This versatile duplex offers two well-maintained units, each with its own private concrete driveway, separate electric and water meters, and generous outdoor amenities.
Unit A offers roughly 1,200 sq ft with 3 bedrooms and 1.5 baths. Unit B is approximately 1,000 sq ft with 3 bedrooms and 1 full bath. Both units feature expansive screened-in back porches overlooking a large, shared backyard—complete with individual fire-pit areas—ideal for relaxing or entertaining.
These units were rented until this month when the owner decided to sell, making them move-in ready for new tenants or perfect for an investor looking to renovate and increase rental income. The property also includes a large storage shed for owner or tenant use.
With its flexible layout, the duplex could also be converted back into a spacious single-family home, offering additional long-term potential.
Don't miss this rare chance to own a high-demand rental property in a fantastic location.
For sale
$325,000
126 County Road 78, Riceville, TN 37370
6beds
2,202sqft
Est.:
Single Family Residence
Built in 1986
0.4 Acres Lot
$-- Zestimate®
$148/sqft
$-- HOA
What's special
Generous outdoor amenitiesExpansive screened-in back porchesFlexible layoutIndividual fire-pit areas
- 80 days |
- 366 |
- 14 |
Zillow last checked: 8 hours ago
Listing updated: November 26, 2025 at 10:25am
Listed by:
Nancy Howard 423-506-4444,
Weichert Realtors - The Space Place 423-745-2634,
Art Howard 423-506-3312,
Weichert Realtors - The Space Place
Source: East Tennessee Realtors,MLS#: 1322869
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central, Heat Pump, Electric
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Eat-in Kitchen
- Flooring: Laminate
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,202
- Total interior livable area: 2,202 sqft
Property
Parking
- Parking features: None
Features
- Has view: Yes
- View description: Country Setting
Lot
- Size: 0.4 Acres
- Features: Other
Details
- Additional structures: Storage
- Parcel number: 083K A 013.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Frame
Condition
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Riceville Hgts
Location
- Region: Riceville
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $206,600
- Annual tax amount: $894
- Date on market: 11/25/2025
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/25/2025 | Listed for sale | $325,000+8.4%$148/sqft |
Source: | ||
| 2/14/2025 | Listing removed | $299,900$136/sqft |
Source: | ||
| 8/13/2024 | Listed for sale | $299,900+328.4%$136/sqft |
Source: | ||
| 10/23/2014 | Sold | $70,000-12.4%$32/sqft |
Source: Public Record Report a problem | ||
| 10/25/2013 | Price change | $79,900-11.2%$36/sqft |
Source: Premier Properties Realty #20133783 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $894 | $82,640 |
| 2024 | $894 | $82,640 |
| 2023 | $894 +15% | $82,640 +64.4% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,760/mo
Principal & interest
$1546
Home insurance
$114
Property taxes
$100
Climate risks
Neighborhood: 37370
Nearby schools
GreatSchools rating
- 7/10Riceville Elementary SchoolGrades: PK-8Distance: 1.4 mi
- 5/10Mcminn High SchoolGrades: 9-12Distance: 5.7 mi
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