8.2% Cap. Originally built as a hotel, this 14 Unit Apartment Rental, has been expertly refurbished. Tons of charm and only 17 miles or 27 minutes to Chattanooga. Excellent for Chattanooga, Monteagle, Sequatchie Valley workforce needs. Great for the outdoor enthusiast, who would work in Chattanooga during the week and would want to enjoy the outdoors on the weekend. Walking distance to the Sequatchie River's canoeing and Kayaking. Only minutes to Nickajack Lake and it's award-winning Bass fishing and water sports. Bring your ski-boat and make a day of it on the lake! Nearby Monteagle gives you tons of Hiking Opportunities, such as the Fiery Gizzard Trail. This 14 Unit Rental is perfectly located to fulfill part of the growing need for workforce housing in a very tight housing market in the area. Owner will consider Owner Financing
Active
$1,210,000
5640 Us Highway 41, Jasper, TN 37347
1beds
1baths
7,644sqft
Est.:
Multi Family
Built in 1982
-- sqft lot
$-- Zestimate®
$158/sqft
$-- HOA
What's special
Water sportsTons of charmAward-winning bass fishingCanoeing and kayakingMinutes to nickajack lake
- 110 days
- on Zillow |
- 102 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: February 06, 2025 at 01:11pm
Listing Provided by:
Roy Arick 423-664-1900,
Greater Downtown Realty dba Keller Williams Realty 423-664-1900
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2709693

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Electric
Cooling
- Electric
Features
- Flooring: Other
- Has fireplace: No
Interior area
- Total structure area: 7,644
- Total interior livable area: 7,644 sqft
Property
Parking
- Parking features: Detached
Features
- Levels: Three Or More
- Stories: 1
Lot
- Size: 1.01 Acres
- Dimensions: 382 x 231 x 422
Details
- Parcel number: 120 01305 000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Other
- Roof: Other
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Jasper
Financial & listing details
- Price per square foot: $158/sqft
- Annual tax amount: $2,080
- Date on market: 1/6/2025
- Total actual rent: 0
- Electric utility on property: Yes
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