$584,900

42 Oakleaf Trail, Tracy City, TN 37387

  • 2 beds |
  • 2 baths |
  • 840 sqft
  • Property Icon other
  • Property Year Built Icon Built in 2021
  • Property Lot Size Icon0.51acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $696/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

One Property, Two Income-Generating Units! This unique opportunity in Tracy City, TN offers two fully furnished short-term rental homes on a single property, making it the perfect setup for maximizing rental income while minimizing management effort. Backed by a solid 3-year rental history, this investment is turnkey and ready to perform from day one. Located in The Retreat at Waters Edge in Tracy City, TN—just an hour from Chattanooga and 1.5 hours from Nashville—this prime investment offers not just one, but TWO completely furnished income-generating properties. With a strong three year rental history, this hidden gem demonstrates consistent demand and reliable income and is drawing both vacationers and savvy investors seeking profitable, experience-driven stays. With two rental-ready properties, you have the potential to double your revenue stream, maximize occupancy, and cater to the growing demand for nature-inspired getaways. Guests will enjoy serene lakefront views, community docks, a playground, and cozy communal firepits, plus nearby access to Deer Lick Falls, Sunset Bluff, and 12,000+ acres of South Cumberland State Park for endless outdoor adventures. Each of these highly desirable tiny homes features 1 bed, 1 bath, a loft, and built-in bunk beds, comfortably sleeping six guests—now, double that, and you have space for a group of twelve—ideal for larger gatherings. Thoughtful upgrades including an electric fireplace, screened in porches, full kitchen, personal firepits and and an in-unit washer/dryer enhancing guest comfort and rental appeal. Located in a thriving rental-friendly community, this property sits on a serene 75-acre calm water lake, offering sought-after outdoor activities like fishing, kayaking, and canoeing. Guests can also enjoy nearby hiking trails including the popular Fiery Gizzard, antiquing, zip-lining, and concerts at The Caverns—all top attractions in the area. With its prime location near the University of the Sou

Listing Status:
Active
Date Added:
April 1, 2025 at 05:00AM
Listing Office:
Keller Williams Realty : 423-664-1600
MLS ID:
1510132
  • General: Ceiling Fan(s)
  • Appliances: Washer/Dryer StackedRefrigeratorRange HoodOvenMicrowaveFree-Standing Electric Range
  • A/C: Central AirElectric
  • Heating: CentralElectric
  • Fireplace: ElectricFireplace

This listing courtesy of Keller Williams Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tracy Elementary School

276 3rd St, Tracy City, TN, 37387

Grades PK-8

0.31 miles away

T

Tracy Elementary School

276 3rd St, Tracy City, TN, 37387

Grades PK-8

0.31 miles away

G

Grundy County High School

24970 Sr 108, Coalmont, TN, 37313

Grades 9-12

8.11 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.