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$1,210,000 - 5640 Us-41 Highway, Jasper

-
Bedrooms
-
Baths
7,644
SQ. Feet
1982
Year Built

8.2% Cap. Originally built as a hotel, this 14 Unit Apartment Rental, has been expertly refurbished. Tons of charm and only 17 miles or 27 minutes to Chattanooga. Excellent for Chattanooga, Monteagle, Sequatchie Valley workforce needs. Great for the outdoor enthusiast, who would work in Chattanooga during the week and would want to enjoy the outdoors on the weekend. Walking distance to the Sequatchie River's canoeing and Kayaking. Only minutes to Nickajack Lake and it's award-winning Bass fishing and water sports. Bring your ski-boat and make a day of it on the lake! Nearby Monteagle gives you tons of Hiking Opportunities, such as the Fiery Gizzard Trail. This 14 Unit Rental is perfectly located to fulfill part of the growing need for workforce housing in a very tight housing market in the area. Owner will consider Owner Financing

Essential Information

  • MLS® #:
    2709693
  • Price:
    $1,210,000
  • Bathrooms:
    0.00
  • Square Footage:
    7,644
  • Acres:
    0.00
  • Year Built:
    1982
  • Type:
    Residential Income
  • Status:
    Active

Community Information

  • Address:
    5640 Us-41 Highway
  • Subdivision:
    None
  • City:
    Jasper
  • County:
    Marion County, TN
  • State:
    TN
  • Zip Code:
    37347

Amenities

  • Garages:
    Detached

Interior

  • Heating:
    Electric
  • Cooling:
    Electric
  • # of Stories:
    1

Exterior

  • Roof:
    Other
  • Construction:
    Other

School Information

  • High:
    Marion Co High School

Additional Information

  • Days on Market:
    339

Listing Details

  • Listing Office:
    Greater Downtown Realty Dba Keller Williams Realty

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on June 18th, 2025 at 7:09am CDT.