2361 Tennessee 131 Hwy Thorn Hill, TN $ 350,000
2361 Tennessee 131 Hwy
$ 350,000
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2361 Tennessee 131 Hwy

Thorn Hill, TN, 37881
$ 350,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,417

2361 Tennessee 131 Hwy, Thorn Hill, TN 37881 - Image 1
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Multi-Family Home for sale in Thorn Hill, TN

for $350,000. This home was built in 1960.

Fully leased four-unit multifamily property on 2 acres in Thorn Hill, surrounded by beautiful East Tennessee scenery and a peaceful, quiet setting. All four units are occupied by established tenants, providing an income-producing opportunity with existing leases in place. A shared on-site laundry facility adds convenience for residents. Tenants are responsible for electricity, while the landlord pays for water. A scenic rural setting and established rental history make this property worth a closer look for investors seeking to build or expand their portfolio. Financials available upon request. *See MLS # 1360233 for investment opportunity that includes the home on the hill.

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Multi-Family Active

Price

$ 350,000

Property Type

Multi-Family

Taxes

$ 685

Style

Year Built

1960

Town/City

Thorn Hill

County/Region

Grainger

MLS | Web ID

1360304

Features
General
Heating Space Heater Electric
Cooling Window Unit(s)
Appliances Dryer Range Refrigerator Washer
Construction Materials Metal Siding Frame
Year Built 1960
County Hancock County - 56
Property Type Multi-Family
Attached Garage false
Status Active
Directions For directions Apple maps likes 2453 SR-131 Thorn Hill TN. It right beside the Appalachia Meat Processing LLC. Google maps to there will also direct you to correct place. Sign in front. You will come across red multiplex on right side of road.
High School Hancock
City Thorn Hill
Number Of Units Total 4
MLS Area Hancock County - 56
Elementary School Hancock County
Middle/Junior High School Hancock
MLS Area Minor Hancock County - 56
Standard Status Active
New Financing Cash true
New Financing FHA true
New Financing VA Loan true
New Financing Coventional true
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Interior
Flooring Laminate
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Detached
Lot Dimensions 1015X3257IRR
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* Excluded Features
List By
Miranda Fritts

Listing Agent

Realty Executives Associates

Broker

miranda@mirandafritts.com

Email

Affordability Calculator

$2,474
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,417
Monthly Property Taxes
$57
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.
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Nearby
0 Elementary School
4507885 Middle School
Hancock High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2026$350,000 Listed Price

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2361 Tennessee 131 Hwy, Thorn Hill, TN, 37881 is a Multi-Family Home for sale at $350,000. 2361 Tennessee 131 Hwy has 0.0 baths and was built in 1960. The property's zip code is 37881 which is in Thorn Hill, TN