$764,000
Elizabethton, TN 37643
MLS# 9988336
2880 sqft
1 / 29
Property Description
The only thing better than this investment opportunity is the mountainous backdrop. These five beautiful cabins are already producing well with room for growth. These homes offer 576 square feet on one level with one bathroom, one bedroom, and large decks overlooking the gorgeous mountains. They are situated on the same 2.96 acre parcel with possibility for future building sites. These also share a water meter, electrical meter, and septic tank. All five are leased with month-to-month lease terms. Renting easily as long term rentals, they would also be highly successful as short term rentals as well. These beautifully built homes with the gorgeous views are the perfect addition to any investor's portfolio. Located in Elizabethton in close proximity to Watauga Lake, various popular hiking trails, the Watauga River, Roan Mountain, and even a short drive to NC skiing, this is a beautiful destination both long term and short term tenants. ***Also see MLS#9986985 for a listing that adds 5 more cabins for a total of 10 homes.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 028 007.06
Deed Book #: 509
Deed Page #: 590
City Taxes: 0
County Taxes: 3637.11
Contract Info
List Price/SqFt: 265.28
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 764000
Current Price: $764,000
Listing Date: 2025-11-14
General Property Description
Lot Dimensions: see acres
Acres: 2.96
Zoning: commercial
# Buildings: 5
Elementary School: Hunter
# of Units: 5
Middle School: Hunter
Total Units: 5
High School: Unaka
HOA Y/N: No
Property Sub-Type: Multi Family
Year Built: 2020
Total SqFt: 2880
Remarks & Misc
Public Remarks: The only thing better than this investment opportunity is the mountainous backdrop. These five beautiful cabins are already producing well with room for growth. These homes offer 576 square feet on one level with one bathroom, one bedroom, and large decks overlooking the gorgeous mountains. They are situated on the same 2.96 acre parcel with possibility for future building sites. These also share a water meter, electrical meter, and septic tank. All five are leased with month-to-month lease terms. Renting easily as long term rentals, they would also be highly successful as short term rentals as well. These beautifully built homes with the gorgeous views are the perfect addition to any investor's portfolio. Located in Elizabethton in close proximity to Watauga Lake, various popular hiking trails, the Watauga River, Roan Mountain, and even a short drive to NC skiing, this is a beautiful destination both long term and short term tenants. ***Also see MLS#9986985 for a listing that adds 5 more cabins for a total of 10 homes.
Directions: From Broad Street in Elizabethton, Turn Left onto US-19E N. In .2 miles, turn Right onto SR-91 N. Turn Left onto Airport Rd and stay left onto Judge Ben Allen Rd. Go 1 mile to Ridgeview Dr. Turn left as you continue up the hill. Turn left to the cabins. Use 301 Judge Ben Allen for GPS
Property Condition
Above Average: 1
Income and Expenses
Vacancy Rate %: 100
Gross Annual Income: 5350
Exterior Finish
Wood Siding: 1
Unit 1
# Units: 1
# Bedrooms: 1
# Bathrooms: 1
SqFt: 576
Monthly Rent: 950
Unit 2
# Units: 1
# Bedrooms: 1
# Bathrooms: 1
SqFt: 576
Monthly Rent: 1100
Style
Cabin: 1
Ranch: 1
Roof
Metal: 1
Unit 3
# Units: 1
# Bedrooms: 1
# Bathrooms: 1
SqFt: 576
Monthly Rent: 1100
Levels
One: 1
Unit 4
# Units: 2
# Bedrooms: 2
# Bathrooms: 2
SqFt: 1152
Monthly Rent: 2200
Window Features
Insulated Windows: 1
Interior Features
Eat-in Kitchen: 1
Open Floorplan: 1
Heating
Electric: 1
Info Available
Profit/Loss Statement: 1
AC
Wall Unit(s): 1
Water
Public: 1
Sewer
Septic Tank: 1
See Remarks: 1
Appliances
Cooktop: 1
Range: 1
Refrigerator: 1
Topography/Lot Description
Sloped: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Flooring
Luxury Vinyl: 1
Easements
None: 1
Porch/Patio/Deck
Rear Porch: 1
Walls
Drywall: 1
Structure Type
Cabin: 1
Multi Family: 1
Location Tax Legal Info
Street #: 117-125
Street Name: Ridgeview
St Suffix: Drive
County: Carter
State/Province: TN
Zip Code: 37643
Area: 314 - Carter County
Subdivision: Not In Subdivision
Property Features
Property Condition: Above Average
Style: Cabin; Ranch
Levels: One
Exterior Finish: Wood Siding
Interior Features: Eat-in Kitchen; Open Floorplan
Appliances: Cooktop; Range; Refrigerator
Flooring: Luxury Vinyl
Roof: Metal
Heating: Electric
Laundry Features: Electric Dryer Hookup; Washer Hookup
Water: Public
Window Features: Insulated Windows
Sewer: Septic Tank; See Remarks
AC: Wall Unit(s)
Structure Type: Cabin; Multi Family
Walls: Drywall
Info Available: Profit/Loss Statement
Easements: None
Listing Office: Property Executives Johnson City
Last Updated: December - 30 - 2025
Information deemed reliable but not guaranteed.