Investment Opportunity - Income-Producing Property with Expansion Potential!
Don't miss this excellent investment opportunity featuring a single wide manufactured home with a tenant already in place, generating $850/month in rental income. The current lease is secured through January 31, 2027, providing immediate and consistent cash flow for the new owner. Lease must be honored.
Situated on a versatile property, this offering includes additional space ready for expansion:
A separate lot directly behind the home is already prepped for another single wide home.
An additional camper/RV spot is complete with water hookup (septic not currently installed)
Whether you're looking to grow your rental portfolio or create a multi-unit income property, this setup offers incredible upside potential with minimal upfront work needed.
Closed
$130,000
2465 Niles Ferry Rd, Madisonville, TN 37354
2beds
678sqft
Residential
Built in 1996
1.75 Acres Lot
$130,100 Zestimate®
$192/sqft
$1,116 Estimated rent
Home value
$130,100
$116,000 - $146,000
$1,116/mo
Zestimate® history
Owner options
List your home for rent
$1,116/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,116/mo
Rent Zestimate®
Refinance and save
$799/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$799/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Michael Cansler 423-836-9119,
Silver Key Realty - Sweetwater
Bought with:
Michael Cansler, 332832
Silver Key Realty - Sweetwater
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3499874
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air
Features
- Flooring: Other
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 678
- Total interior livable area: 678 sqft
- Finished area above ground: 678
Property
Features
- Levels: One
- Patio & porch: Porch, Covered
Lot
- Size: 1.75 Acres
- Features: Level
- Topography: Level
Details
- Parcel number: 047 11207 000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Materials
- Other
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Location
- Region: Madisonville
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $55,000
- Annual tax amount: $209
- Date on market: 8/7/2026
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Sold | $130,000-21.2%$192/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3499874 Report a problem | ||
| 6/18/2026 | Pending sale | $164,900$243/sqft |
Source:  East Tennessee Realtors #1336638 Report a problem | ||
| 4/26/2026 | Listed for sale | $164,900$243/sqft |
Source: East Tennessee Realtors #1336638 Report a problem | ||
| 4/22/2026 | Pending sale | $164,900$243/sqft |
Source: East Tennessee Realtors #1336638 Report a problem | ||
| 4/14/2026 | Listed for sale | $164,900+312.3%$243/sqft |
Source: East Tennessee Realtors #1336638 Report a problem | ||
| 1/10/2015 | Sold | $40,000-32.2%$59/sqft |
Source: East Tennessee Realtors #870260 Report a problem | ||
| 9/4/2014 | Pending sale | $59,000$87/sqft |
Source: CENTURY 21 Hendershot Realty, LLC #870260 Report a problem | ||
| 12/21/2013 | Listed for sale | $59,000-14.5%$87/sqft |
Source: Hendershot Realty, LLC #870260 Report a problem | ||
| 11/8/2010 | Listing removed | $69,000$102/sqft |
Source: CENTURY 21 Hendershot Realty, LLC #713580 Report a problem | ||
| 5/12/2010 | Listed for sale | $69,000+60.5%$102/sqft |
Source: CENTURY 21 Hendershot Realty, LLC #713580 Report a problem | ||
| 10/8/2004 | Sold | $43,000+8.9%$63/sqft |
Source: Public Record Report a problem | ||
| 10/15/1998 | Sold | $39,500$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $209 -29.8% | $13,750 -29.8% |
| 2024 | $298 | $19,600 |
| 2023 | $298 +3.5% | $19,600 +52.2% |
| 2022 | $288 | $12,875 |
| 2021 | $288 | $12,875 |
| 2020 | $288 +25% | $12,875 +10.5% |
| 2019 | $231 | $11,650 |
| 2018 | $231 -0.2% | $11,650 +7.9% |
| 2017 | $231 +2.1% | $10,800 |
| 2016 | $226 | $10,800 |
| 2015 | $226 +0.2% | $10,800 +0.2% |
| 2014 | $226 | $10,779 |
| 2013 | $226 | $10,779 |
| 2012 | -- | $10,779 -29.6% |
| 2011 | $298 +23.4% | $15,304 |
| 2010 | $242 | $15,304 |
| 2009 | $242 +35.4% | $15,304 +35.4% |
| 2008 | $179 | $11,303 |
| 2007 | -- | $11,303 +31.1% |
| 2006 | $166 +14.9% | $8,621 |
| 2005 | $145 -3.3% | $8,621 +10% |
| 2004 | $150 | $7,839 |
| 2002 | $150 | $7,839 |
| 2001 | -- | $7,839 -66.1% |
| 2000 | -- | $23,122 |
Find assessor info on the county website
Neighborhood: 37354
Nearby homes
- $188,200-- bd-- ba1.9k sqft2461 Niles Ferry Rd, Madisonville, TN 37354Off Market
- $158,700-- bd1 ba1.5k sqft2467 Niles Ferry Rd, Madisonville, TN 37354Off Market
- $509,500-- bd2 ba2k sqft612 Mason Rd, Madisonville, TN 37354Off Market
- $18,000-- bd-- ba972 sqft612 Mason Rd, Madisonville, TN 37354Off Market
- $321,5004 bd3 ba2.5k sqft2477 Niles Ferry Rd, Madisonville, TN 37354Off Market
- $270,100-- bd0 ba872 sqft2451 Niles Ferry Rd, Madisonville, TN 37354Off Market
- $92,400-- bd-- ba972 sqft606 Mason Rd, Madisonville, TN 37354Off Market
- $54,900-- bd1 ba3.2k sqft606 Mason Rd, Madisonville, TN 37354Off Market
Nearby schools
GreatSchools rating
- 6/10Vonore Elementary SchoolGrades: PK-4Distance: 2.7 mi
- 7/10Vonore Middle SchoolGrades: 5-8Distance: 3.2 mi
- 5/10Sequoyah High SchoolGrades: 9-12Distance: 3.3 mi
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- Tennessee
- Monroe County
- Madisonville
- 37354
- 2465 Niles Ferry Rd
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