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.
For sale
$164,900
2465 Niles Ferry Rd, Madisonville, TN 37354
2beds
678sqft
Single Family Residence
Built in 1996
1.75 Acres Lot
$-- Zestimate®
$243/sqft
$-- HOA
What's special
Single wide manufactured homeVersatile property
- 59 days |
- 436 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Michael Cansler 423-519-4677,
Silver Key Realty 423-836-9119
Source: East Tennessee Realtors,MLS#: 1336638
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: None
Features
- Flooring: Other
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 678
- Total interior livable area: 678 sqft
Property
Parking
- Parking features: Off Street, Main Level
Lot
- Size: 1.75 Acres
- Features: Level
Details
- Parcel number: 047 11207 000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
Condition
- Year built: 1996
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Location
- Region: Madisonville
Financial & listing details
- Price per square foot: $243/sqft
- Tax assessed value: $55,000
- Annual tax amount: $209
- Date on market: 4/26/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 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 | -- | $23,122 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37354
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
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Monroe County
- Madisonville
- 37354
- 2465 Niles Ferry Rd
Nearby cities
Nearby zip codes
Other Madisonville Topics
