673 Reagan Valley Rd, Tellico Plains, TN 37385
(MLS # 1322537)
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Investors, this one checks all the boxes. TWO INCOME PRODUCING HOMES on eight private unrestricted acres with valuable extras including a large 2 story barn, workshop building, storage building with chicken coop, and a one-room hunting cabin overlooking the creek. Both homes are currently leased, providing instant income and stability. Both homes are occupied by long-term tenants with the main home offering three bedrooms and two full bathrooms, and the second home offering two bedrooms and one full bathroom. Keep the leases in place for hands-off cash flow, and explore future options like short-term rental, extended family housing, or owner-occupancy with a built-in income stream. Outdoor improvements add even more value. The barn and workshop are ideal for equipment, vehicles, or additional income through storage or hobby use. The rustic one-room cabin near the creek could become an extra income stream with a little vision. Private acreage, multiple revenue sources, and strong upside potential... all in one solid investment. Current lease/cash flow information available by request. Property transfers with leases in place through July/September 2026. Properties include 673 and 679 Reagan Valley Rd.
| LAST UPDATED | 11/21/2025 | YEAR BUILT | 2020 |
|---|---|---|---|
| COMMUNITY | Monroe County - 33 | COUNTY | Monroe County - 33 |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Tellico Plains |
|---|---|
| Jr. High School | Tellico Plains |
| High School | Tellico Plains |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Refrigerator, Self Cleaning Oven, Washer |
| AREA | Monroe County - 33 |
| BARN/EQUESTRIAN | Yes |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Central, Electric |
| LOT DIMENSIONS | irr |
| PARKING | Off Street, Carport, On Site |
| TAXES | 1089.94 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Honors Real Estate Services LLC
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