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1108 &1112 Walnut DR Erwin, TN 37650
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Key Details
Sold Price $69,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $53
Subdivision Not In Subdivision
MLS Listing ID 9983313
Sold Date 08/18/25
Style Other
Bedrooms 4
Full Baths 2
HOA Y/N No
Total Fin. Sqft 1300
Year Built 1977
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 97 x 163
Property Sub-Type Single Family Residence
Source Tennessee/Virginia Regional MLS
Property Description
This is a turnkey investment opportunity featuring two single-wide mobile homes, each offering 2 bedrooms and 1 full bath. One unit is currently occupied on a month-to-month lease at $400/month, providing immediate cash flow. The second unit is vacant but requires minimal work to be rent-ready, offering quick upside potential.
With both units rented, this property could generate strong monthly income with low overhead. Whether you're looking to expand your rental portfolio or secure a low-maintenance, high-yield asset, this property checks all the boxes. Solid ROI potential with room to increase rents over time.
Opportunities like this don't come around often—act quickly to capitalize on this affordable investment!
Location
State TN
County Unicoi
Community Not In Subdivision
Area 0.29
Zoning Residential
Direction Take Exit 37 toward Erwin onto US‑19W / SR‑81 / SR‑107 North Follow US‑19W N into Erwin town center (about 4.5 miles). As you approach central Erwin, turn left onto S Walnut St. Continue for a short distance to reach 1108 S Walnut St on your left.
Interior
Heating Natural Gas
Cooling Window Unit(s)
Flooring Carpet, Laminate
Window Features Single Pane Windows
Appliance Range, Refrigerator
Heat Source Natural Gas
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Roof Type Metal
Topography Level
Porch Deck
Building
Sewer Septic Tank
Water Public
Architectural Style Other
Structure Type Aluminum Siding
New Construction No
Schools
Elementary Schools Rock Creek
Middle Schools Unicoi Co
High Schools Unicoi Co
Others
Senior Community No
Tax ID 023j B 005.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Tammy Largent • Exit Realty Tri-Cities
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