407 W Wheeler St, Rockwood, TN 37854
Listing provided by: Shardae Harris-Green · Slyman Real Estate
Source: East Tennessee REALTORS® MLS · MLS# 1355281
Listing last updated
About this home
Rare opportunity to purchase a 100% occupied, seven-property investment portfolio in Roane County. This professionally managed portfolio offers multiple income-producing properties and strong potential for investors looking to expand or establish a presence in a growing market. Current property management may be available to continue for a seamless transition. The portfolio has been appraised. Seller financing may be considered only with the purchase of the entire portfolio. Properties may also be purchased individually. Please do not disturb tenants. Portfolio includes: 525 Sewanee Street: 2 bedrooms, 1 bathroom, $175,000, currently rented for $950 per month. 407 West Wheeler Avenue: 3 bedrooms, 1 bathroom, $200,000, currently rented for $1,250 per month. 521 North Chamberlain Avenue: 2 bedrooms, 1 bathroom, $170,000, currently rented for $950 per month. 265 Morning Drive: 3 bedrooms, 1 bathroom, $165,000, currently rented for $820 per month. 210 Barnett Circle: 2 bedrooms, 1 bathroom, $120,000, currently rented for $900 per month. 619 South Patton Avenue: 3 bedrooms, 1 bathroom, $150,000, currently rented for $1,200 per month. 501 West Rockwood Street: 3 bedrooms, 1 bathroom, $190,000, currently rented for $900 per month. Total portfolio price is $1,170,000. Current gross monthly rental income is $6,970. Current gross annual rental income is $83,640. Buyer and buyer's agent to independently verify all information, including square footage, rental income, occupancy, property details, and intended use.
Facts & features
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Half bathrooms: 0
- Heating: Central, Electric
- Cooling: Central Cooling
- Included: Range, Refrigerator
- Basement: Slab
- Fireplaces: 2
- Total rooms: 0
- Total interior livable area: 1,793 sqft
- Parking features: On-Street Parking
- Attached garage: No
- Size: 0.3 acres · 13,068 sqft
- Dimensions: 70 X190
- Features: Level
- Patio & porch: Porch - Covered
- Parcel number: 054E A 022.00
- Home type: Single Family
- Property subtype: Single Family Residence
- Structure: Ranch
- Architectural style: Traditional
- Materials: Frame
- Year built: 1919
- Sewer: Public Sewer
- Water: Public
- Security: Smoke Detector
- County: Roane County - 31
- MLS area: Roane County - 31
- Region: Rockwood
- Price: $1,170,000
- Price per square foot: $653/sqft
- Annual tax: $977.04
- Listing terms: New Loan, Cash, Conventional
- Date on market: Sep 12, 2026
- Days on market: 0
- Status: Active
- MLS #: 1355281
Location
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