Multifamily (Multi Family)

1108 &1112 South Walnut Dr, Erwin, TN 37650

Other

FOR SALE

Price: $125,000 Price Per ft²: $96.15 List Date: 2025-07-18 DOM: 3
City Tax: $0 County Tax: $116

Year Built: 1977 pre-1978 Homes

Total Area: 1,300 ft² (Finished & Unfinished)

Lot Size: 0.29 acre(s) Lot Dimensions: 97 x 163 Topography: Level

Heating: Natural Gas Cooling: Window Unit(s) Water & Sewage: Public

Appliances: Range, Refrigerator

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!