Sold for $290,000

$290,000

2115 Archie Rhinehart Pkwy, Spencer, TN 38585

8beds

6,040sqft

Mixed Use

Built in 1990

7.8 Acres Lot

$-- Zestimate^®

$48/sqft

$1,116 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,116/mo

Zestimate^® history

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$1,116/mo

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$1,649/mo

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$1,649/mo

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What's special

Main homeRv park

FIXER UPPER; If you're looking for a great opportunity to have Income Properties then this is for you. This property is right by the store before you go into the Fall Creek Falls State Park. With thousands of visitors to the state park every year this is a great opportunity for an Airbnb. There is a main home with 3776 sf and 4 small 1 bedroom 1 bath homes with about 600 sf each. All the homes are in need of repair. There is 7.8 acres so there is plenty of room to build more homes or even have an RV park. Rentals are in high demand anywhere close to Fall Creek Falls State Park so this is a great opportunity to get in on a wonderful business venture. Come take a look today, you'll not be disappointed.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 6
Full bathrooms: 6

Cooling

None

Appliances

Included: None

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 6,040
Total interior livable area: 6,040 sqft
Finished area above ground: 6,040

Property

Parking

Parking features: Driveway

Features

Exterior features: None

Lot

Size: 7.8 Acres
Dimensions: 7.8 Acres

Details

Parcel number: 066 006.07

Construction

Type & style

Home type: SingleFamily
Property subtype: Mixed Use

Materials

Block, Vinyl Siding, Wood Siding
Foundation: Block

Condition

Fixer
New construction: No
Year built: 1990

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available

Community & HOA

Community

Subdivision: None

HOA

Has HOA: No

Location

Region: Spencer

Financial & listing details

Price per square foot: $48/sqft
Tax assessed value: $134,000
Annual tax amount: $804
Date on market: 8/2/2025
Listing terms: Cash,Conventional

Price history

Date	Event	Price
11/6/2025	Sold	$290,000-3.3%$48/sqft
Source: Greater Chattanooga Realtors #1517976 Report a problem
10/8/2025	Contingent	$299,900$50/sqft
Source: Greater Chattanooga Realtors #1517976 Report a problem
9/17/2025	Price change	$299,900-14.3%$50/sqft
Source: RealTracs MLS as distributed by MLS GRID #2967783 Report a problem
8/2/2025	Listed for sale	$349,900+29.6%$58/sqft
Source: Greater Chattanooga Realtors #1517976 Report a problem
2/15/2008	Sold	$270,000$45/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$804	$33,500
2024	$804	$33,500
2023	$804	$33,500
2022	$804	$33,500
2021	--	$33,500 +8.8%
2020	$711	$30,800
2019	$711 +19.7%	$30,800
2018	$594 +0.1%	$30,800
2017	$594	$30,800
2016	$594	$30,800
2015	$594	$30,800
2014	$594 +2.4%	$30,800 -2.8%
2013	$580 +9.6%	$31,691
2012	$529 0%	$31,691
2011	$529 +16.8%	$31,691
2009	$453 -38.2%	$31,691 -6.3%
2007	$734 +849.7%	$33,829 +849.7%
2006	$77 +10.7%	$3,562
2005	$70	$3,562
2004	$70	$3,562
2002	$70	$3,562 +10.4%
2001	--	$3,225 -75%
2000	--	$12,898

Find assessor info on the county website

Neighborhood: 38585

Nearby homes

Nearby schools

GreatSchools rating

6/10
Spencer Elementary School
Grades: PK-5Distance: 9.2 mi
7/10
Van Buren County High School
Grades: 6-12Distance: 9.2 mi

Schools provided by the listing agent

Elementary: Van Buren County Elem
Middle: Van Buren County Middle
High: Van Buren County High

Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.