This investment promises not only a steady income stream but also the chance to own a piece of lakeside paradise. Imagine sipping your morning coffee on the deck, with the serene lake as your backdrop, or hosting gatherings with the sounds of nature enveloping you. The property offers versatility, whether you choose to continue its success on Airbnb or explore other rental opportunities. With the growing demand for unique vacation spots, this four-plex is perfectly positioned to attract visitors year-round. One unit (1 bedroom 1 bath) has a long term tenant and will not be available to show however listing pictures of when it was renovated. The other three units (2- 1 bedroom 1 bath and 2 bedroom 2 bath) are currently listed on Air bnb and will come fully furnished. The larger unit also has an office that is currently set up as a 3rd bedroom.
The surrounding area is a haven for outdoor enthusiasts, offering endless adventures from boating and fishing on the lake to hiking and exploring nearby trails. The vibrant local community ensures that there's never a dull moment, with events, markets, and festivals to enjoy throughout the year. Just 5 minutes to shopping, restaurants and more. Only 1.5 miles from public boat launch & Blue water RV Resort. So close you can enjoy the live music from the back decks in the summer as you over look the lake. There is a fire pit to enjoy those summer nights with friends and family. Kayaks and board games do not convey. ESPN bass tournaments multiple times a year.
Updates include 85% new windows, New rubber roofing on part of the house, New septic leach field, New kitchen cabinets and countertops. Updated 100 Amp electrical panel. The larger unit features granite.
As an investor, you'll appreciate the low-maintenance appeal of a recently renovated property, along with the potential for long-term appreciation in this sought-after location. Don't miss your chance to own a slice of Lake Chickamauga's charm—an ideal blend of relaxation, recreation, and revenue. Kayaks and board games do not convey.
For sale
Price cut: $76K (7/2)
$599,000
1212 Shaver Loop Rd, Dayton, TN 37321
5beds
5baths
4,036sqft
Est.:
Multi Family
Built in 1968
-- sqft lot
$-- Zestimate®
$148/sqft
$-- HOA
What's special
Serene lakeSounds of natureNew rubber roofingFire pit
- 56 days
- on Zillow |
- 314 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: July 12, 2025 at 06:34am
Listed by:
Mark R Hellwig 865-601-6552,
Realty Executives Associates 865-588-3232
Source: East Tennessee Realtors,MLS#: 1289317

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Heat Pump, Natural Gas, Space Heater, Other, Electric
Cooling
- Other, Wall Unit(s), Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Flooring: Laminate, Vinyl
Interior area
- Total structure area: 4,036
- Total interior livable area: 4,036 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Gas Grill, Balcony, Dock
Lot
- Size: 0.31 Acres
- Dimensions: 100' x 150' x 13' x 59' x 38' x 129'
Details
- Parcel number: 097 050.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Frame, Other
Condition
- Year built: 1968
Community & HOA
Location
- Region: Dayton
Financial & listing details
- Price per square foot: $148/sqft
- Tax assessed value: $335,200
- Annual tax amount: $1,808
- Date on market: 6/12/2025
- Listing terms: VA Loan,FHA,Cash,Conventional
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