407 W Wheeler St, Rockwood, TN 37854
$1,170,000
Property Type:
Single Family
Bedrooms:
3
Square Footage:
1,793
Lot Size (sq. ft.):
13,068
Status:
Active
Current Price:
$1,170,000
List Date:
9/12/2026
Last Modified:
9/12/2026
Overview
Description
...
(Read more)
Rare opportunity to purchase a 100% occupied, seven-property investment portfolio in Roane County.
This professionally managed portfolio offers multiple income-producing properties and strong potential for investors looking to expand or establish a presence in a growing market.
Current property management may be available to continue for a seamless transition.
The portfolio has been appraised.
Seller financing may be considered only with the purchase of the entire portfolio.
Properties may also be purchased individually.
Please do not disturb tenants.
Portfolio includes:
525 Sewanee Street: 2 bedrooms, 1 bathroom, $175,000, currently rented for $950 per month.
407 West Wheeler Avenue: 3 bedrooms, 1 bathroom, $200,000, currently rented for $1,250 per month.
521 North Chamberlain Avenue: 2 bedrooms, 1 bathroom, $170,000, currently rented for $950 per month.
265 Morning Drive: 3 bedrooms, 1 bathroom, $165,000, currently rented for $820 per month.
210 Barnett Circle: 2 bedrooms, 1 bathroom, $120,000, currently rented for $900 per month.
619 South Patton Avenue: 3 bedrooms, 1 bathroom, $150,000, currently rented for $1,200 per month.
501 West Rockwood Street: 3 bedrooms, 1 bathroom, $190,000, currently rented for $900 per month.
Total portfolio price is $1,170,000.
Current gross monthly rental income is $6,970.
Current gross annual rental income is $83,640.
Buyer and buyer's agent to independently verify all information, including square footage, rental income, occupancy, property details, and intended use.
Listing Details MLS# 1355281
Location Tax Legal Info
- House #
- 407
- St Dir
- W
- Street Name
- Wheeler
- St Suffix
- St
- State/Province
- TN
- Zip Code
- 37854
- PIN #
- 054E A 022.00
Contract Info
- Auction Y/N
- No
- Listing Price
- 1170000
General Property Description
- Type
- Ranch
- Lot Dimensions
- 70 X190
- Acres
- 0.3
- Acre Source
- Owner
- Site Built
- Yes
- Restrictions
- No
- SqFt - Total (Aprox)
- 1793
- # Bedrooms
- 3
- Baths - Full
- Yes
- Fireplace
- Yes
- # Fireplace
- 2
- Property Status
- N/A
- HOA
- No
- Year Built
- 1919
- Bonus Room
- No
Status Change Info
- Status Change Date
- 2026-09-11
More Information
Property Features
Style:
Traditional
Construction:
Frame
Basement:
Slab
Lot Description:
Level
Fireplace:
Other
Floors:
Luxury Vinyl Plank
Fuel:
Electric
Heat:
Central
Cooling:
Central Cooling
Appliances:
Range; Refrigerator; Smoke Detector
Sewer:
Public Sewer
Water:
Public
Misc Features:
Washer/Dryer Connect
Exterior Features:
Porch - Covered
Showing:
See Agent Instructns
New Financing:
Cash; Conventional; New Loan
IDX
Listing Office:
Slyman Real Estate
Last Updated: September - 12 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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