Del Rio TN Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
1
Lot size:
7.7 Acres
Year built:
1996
Baths:
4.00
MLS#:
705693

ADDITIONAL INFORMATION

Step into this exceptional property, where you can both reside and generate income. Bordered by the Cherokee National Forest on three sides. The property boasts a large main house with 2 bedrooms , 2.5 baths, kitchen, dining, living area, den, loft and a walk-through closet. Roof installed in 2021. HVAC installed in 2021. Next door is a workshop with 2 enclosed carports and a 1 bdrm/1bath apartment. The upstairs apartment comprises a thoughtfully designed one-bedroom, one-bathroom living space, featuring a well-appointed full kitchen and dining area, perfect for comfortable everyday living. Furthermore, the apartment includes a spacious walk-in closet, providing ample storage. The upper portion of the land features three charming cabin studios, each equipped with half baths and a split level. With covered porches, decks, and balconies, these studios come fully furnished and include outdoor barbecue pits. Inside, you'll find a mini fridge with a freezer, a sink, and a microwave, while outside, the serene views of the woods offer a secluded escape from the hustle and bustle of everyday life. In addition, there's another building currently serves as housekeeping space, which holds potential for various other creative uses. A fixer-upper building on the property presents an exciting opportunity for reconstruction, tailored to your vision. The property also boasts a covered pavilion featuring picnic tables, a fire pit, restrooms, and a shower. Four rental units include furnishings and are turn key ready. Footpaths through forest to Brush Creek Trail. Furthermore, up to two campsites with water and electric hook-ups are next to a scenic hiking trail. Utilities are underground including electric and high speed Internet. This versatile property holds promise as a multi-family residence, an Airbnb investment, or a serene escape retreat. The options for this unique space are boundless, inviting you to craft a lifestyle that matches your aspirations. The property includes a picturesque pond encircled by a walking trail, allowing for tranquil strolls while observing the resident fish and frogs, creating a peaceful and natural ambiance. Additionally, a quaint chicken coop is currently repurposed as a storage shed, offering potential for various uses. Convenient to Newport, TN or Hot Springs, NC by 20 minutes. Gatlinburg and Asheville are an hour away.

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


Copyright © 2024 Lakeway Area Association of REALTORS. All Rights reserved. Square feet values are approximate and should be verified. This information is for presentation purposes only. The information listed is from sources believed reliable but is not guaranteed, and is subject to change without notice.



Del Rio Real Estate

The median home value in Del Rio, TN is $260,000. This is higher than the county median home value of $186,900. The national median home value is $338,100. The average price of homes sold in Del Rio, TN is $260,000. Approximately 68.39% of Del Rio homes are owned, compared to 12.2% rented, while 19.42% are vacant. Del Rio real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Del Rio real estate agent to arrange a tour today!

Del Rio, Tennessee has a population of 2,385. Del Rio is less family-centric than the surrounding county with 22.68% of the households containing married families with children. The county average for households married with children is 22.79%.

The median household income in Del Rio, Tennessee is $48,515. The median household income for the surrounding county is $41,558 compared to the national median of $69,021. The median age of people living in Del Rio is 44.3 years.

Del Rio Weather

The average high temperature in July is 86.9 degrees, with an average low temperature in January of 26.8 degrees. The average rainfall is approximately 45.5 inches per year, with 5.8 inches of snow per year.

Del Rio Real Estate Market Conditions

  • Median sales price

    $260,000
    24.9% change since last quarter
  • # Active listings

    90
    30-day change

Del Rio Schools and Demographics

Education near Del Rio, TN

Metric City County
High School Graduates 77.66 83.8
College Degree - 2 year 9.34 6.98
College Degree - 4 year 7.34 12.34
Graduate Degree 2.38 3.5
Expenditures per Student 10,056 10,056
Students per Teacher 14.6 14.6

Elementary Schools near Del Rio, TN

School Grades Students P/T Ratio ZIP
Bridgeport Elementary School PK - 08 301 14.3 37821
Centerview Elementary School PK - 08 331 15.2 37821
Cosby Elementary School PK - 08 557 13.6 37722
Del Rio Elementary School KG - 08 150 17.6 37727
Edgemont Elementary School PK - 08 587 15.6 37821
Grassy Fork Elementary School PK - 08 90 12.9 37753
Jones Cove Elementary School PK - 08 170 10.4 37722
Newport Grammar School PK - 08 771 13.3 37821
Northwest Elementary School PK - 08 412 13.7 37821
Parrottsville Elementary School PK - 08 464 14.5 37843
Smoky Mountain Elementary School PK - 08 175 12.5 37722

High Schools near Del Rio, TN

School Grades Students P/T Ratio ZIP
Cocke County High School 09 - 12 1,220 14.7 37821
Cosby High School 09 - 12 410 13 37722

Ungraded Schools near Del Rio, TN

School Grades Students P/T Ratio ZIP
* Cocke County Adult High School 09 - 12 10 10 37821

Demographics near Del Rio, TN

Metric City County
Neighborhood Type Suburban
Population 2,385 35,896
Population Density 21 82
Median Age 44.3 45.3
People per Household 2.6 2.5
Median Household Income 48,515 41,558
Average Income per Capita 23,048 23,517