This is a turnkey investment opportunity featuring two single-wide mobile homes, each offering 2 bedrooms and 1 full bath. One unit is currently occupied on a month-to-month lease at $400/month, providing immediate cash flow. The second unit is vacant but requires minimal work to be rent-ready, offering quick upside potential. With both units rented, this property could generate strong monthly income with low overhead. Whether you're looking to expand your rental portfolio or secure a low-maintenance, high-yield asset, this property checks all the boxes. Solid ROI potential with room to increase rents over time. Opportunities like this don't come around often—act quickly to capitalize on this affordable investment!
Pending
Price cut: $26K (7/26)
$99,000
1108 & 1112 S Walnut Dr, Erwin, TN 37650
4beds
2baths
1,300sqft
Est.:
Multi Family, Manufactured Home
Built in 1977
-- sqft lot
$-- Zestimate®
$76/sqft
$-- HOA
What's special
- 24 days
- on Zillow |
- 1,061 |
- 61 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 04:52am
Listed by:
Shana Wilcox 423-330-2174,
Century 21 Legacy 423-282-1885
Source: TVRMLS,MLS#: 9983321
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Carpet, Laminate
- Windows: Single Pane Windows
Interior area
- Total structure area: 1,300
- Total interior livable area: 1,300 sqft
Property
Features
- Patio & porch: Deck
Lot
- Size: 0.29 Acres
- Dimensions: 97 x 163
- Topography: Level
Details
- Parcel number: 023j B 005.00
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Manufactured Home
Materials
- Aluminum Siding
- Roof: Metal
Condition
- Average
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Erwin
Financial & listing details
- Price per square foot: $76/sqft
- Date on market: 7/18/2025
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