2361 Tennessee 131 Hwy, Thorn Hill, TN 37881
Listing provided by: Miranda Fritts · Realty Executives Associates
Source: East Tennessee REALTORS® MLS · MLS# 1360304
Listing last updated
About this home
Fully leased four-unit multifamily property in Thorn Hill, surrounded by beautiful East Tennessee scenery and a peaceful, quiet setting. All four units are occupied by established tenants, providing an income-producing opportunity with existing leases in place. A shared on-site laundry facility adds convenience for residents. Tenants are responsible for electricity, while the landlord pays for water. A scenic rural setting and established rental history make this property worth a closer look for investors seeking to build or expand their portfolio. Financials available upon request. *See MLS # 1360233 for investment opportunity that includes the home on the hill.
Facts & features
- Bathrooms: 0
- Heating: Electric, Space Heater
- Cooling: Window Unit(s)
- Included: Dryer, Range, Washer, Refrigerator
- Flooring: Laminate
- Parking features: Detached
- Attached garage: No
- Dimensions: 1015X3257IRR
- Parcel number: 075 058.00
- Home type: Multi-Family
- Materials: Frame, Metal
- Year built: 1960
- County: Hancock County - 56
- MLS area: Hancock County - 56
- Region: Thorn Hill
- Price: $350,000
- Annual tax: $685
- Listing terms: FHA, Cash, VA Loan, USDA Loan, Conventional
- Date on market: Oct 28, 2026
- Days on market: 0
- Status: Active
- MLS #: 1360304
Location
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