407 W Wheeler St
Rockwood, TN, 37854 $ 1,170,000
Bedrooms3 Baths1.0 Sq 1,793 Monthly Estimate*
$ 8,081
for $1,170,000 with 3 bedrooms and 1 full bath. This 1,793 square foot home was built in 1919 on a lot size of 0.3.
Rare opportunity to purchase a 100% occupied, seven-property investment portfolio in Roane County. This professionally managed portfolio offers multiple income-producing properties and strong potential for investors looking to expand or establish a presence in a growing market. Current property management may be available to continue for a seamless transition. The portfolio has been appraised. Seller financing may be considered only with the purchase of the entire portfolio. Properties may also be purchased individually. Please do not disturb tenants. Portfolio includes: 525 Sewanee Street: 2 bedrooms, 1 bathroom, $175,000, currently rented for $950 per month. 407 West Wheeler Avenue: 3 bedrooms, 1 bathroom, $200,000, currently rented for $1,250 per month. 521 North Chamberlain Avenue: 2 bedrooms, 1 bathroom, $170,000, currently rented for $950 per month. 265 Morning Drive: 3 bedrooms, 1 bathroom, $165,000, currently rented for $820 per month. 210 Barnett Circle: 2 bedrooms, 1 bathroom, $120,000, currently rented for $900 per month. 619 South Patton Avenue: 3 bedrooms, 1 bathroom, $150,000, currently rented for $1,200 per month. 501 West Rockwood Street: 3 bedrooms, 1 bathroom, $190,000, currently rented for $900 per month. Total portfolio price is $1,170,000. Current gross monthly rental income is $6,970. Current gross annual rental income is $83,640. Buyer and buyer's agent to independently verify all information, including square footage, rental income, occupancy, property details, and intended use.
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FeaturesGeneralSewer Public Sewer
Heating Central Electric
Cooling Central Cooling
Appliances Range Refrigerator
Architectural Style Traditional
Security Features Smoke Detector
Construction Materials Frame
Year Built 1919
Property Subtype Single Family Residence
County Roane County - 31
Property Type Single Family
Attached Garage false
Total Rooms 0
Full Baths 1
Status Active
Directions From I-40 take Exit 329 Crab Orchard then turn left on Bat Town Road then stay straight to go onto Market Street then first right onto Hwy 70 then in approx 12 miles Turn left onto S Gateway Ave Then 2.02 miles Turn left onto E Wheeler St. home is on left.
City Rockwood
MLS Area Roane County - 31
Lot Size Units Acres
Lot Size Square Feet 13068
Property Attached Y/N false
MLS Area Minor Roane County - 31
Structure Type Ranch
Standard Status Active
New Financing Cash true
New Financing Coventional true
New Financing New Loan true
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InteriorBasement Slab
Total Fireplaces 2
Fireplace Features Other
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Total Bedrooms 3
Total Baths 1
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ExteriorParking Features On-Street Parking
Lot Features Level
Water Source Public
Lot Size Area 0.3
Building Area Total 1793
Lot Dimensions 70 X190
Lot Size Acres 0.3
Lot Size Source Owner
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* Excluded FeaturesList ByShardae Harris-GreenListing Agent
daisyg.sellstn@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,081
- Monthly Property Taxes
- $81
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Rockwood, TN
Average List Price $596,566
Percent of Sale Price 49%
About Rockwood, TN 5,600 Population
3% Since 2002
$ 32,168 Median Income
44.31 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/12/2026 | $1,170,000 | | Listed Price |