2433/2361 Tennessee 131 Hwy, Thorn Hill, TN 37881 (MLS# 1360233)

2433/2361 Tennessee 131 Hwy, Thorn Hill, TN 37881

$650,000
Property Type: Multi-Family Status: Active
Current Price: $650,000 List Date: 10/27/2026 Last Modified: 11/06/2026

Overview

Description

OPPORTUNITY OF A LIFETIME!!! A 2026 construction home 3 bedroom/2 bathroom, an income-producing multifamily property, and 8 beautiful acres in the peaceful countryside of Thorn Hill. This unique offering brings together East Tennessee living and investment potential. The separate barn has been converted into four rental units, providing an established income stream. Live in the new home and collect rental income just down the hill, or explore renting both structures to expand your investment portfolio. Surrounded by the natural beauty of Hancock County, enjoy peace, quiet, and space to bring your vision to life. Imagine a mini farm, room for animals, sprawling gardens, or exploring the possibility of an additional build. Whether you're looking for a country retreat or a property with multiple income opportunities, there's room here for something special. Both house and multiplex to malso be listed seperately. Financials available upon request.

Listing Details MLS# 1360233

Location Tax Legal Info

House #
2433/2361
Street Name
Tennessee 131
St Suffix
Hwy
State/Province
TN
Zip Code
37881
PIN #
075 058.00

Contract Info

Auction Y/N
No
Listing Price
650000

General Property Description

Lot Dimensions
1015X3257IRR
Number of Units
4
Year Built
1960
Property Status
N/A
Driveway
Gravel

Status Change Info

Status Change Date
2026-10-27

More Information

Property Features

Property Sub-Type: Apartment Type of Units: 2 Bedroom Unit Sale Includes: No Furnishings Floors: Laminate Tenant Expenses: Electricity; Telephone Owner Expenses: Insurance; Lawn Maintenance; Taxes; Trash Collection; Water Fuel: Electric Heat: Space Heater Cooling: Window Unit(s) Appliances: Dryer; Range; Refrigerator; Washer Construction: Frame Roof: Shingle Siding: Metal Exterior Features: Deck Other Rooms: Other New Financing: Cash; Conventional; FHA; USDA Loan; VA Loan Showing: See Agent Instructns
IDX
Listing Office: Realty Executives Associates
Last Updated: November - 06 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

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