About 5640 Us-41 Highway, Jasper, Tennessee, 37347

8.2% Cap. Originally built as a hotel, this 14 Unit Apartment Rental, has been expertly refurbished. Tons of charm and only 17 miles or 27 minutes to Chattanooga. Excellent for Chattanooga, Monteagle, Sequatchie Valley workforce needs. Great for the outdoor enthusiast, who would work in Chattanooga during the week and would want to enjoy the outdoors on the weekend. Walking distance to the Sequatchie River's canoeing and Kayaking. Only minutes to Nickajack Lake and it's award-winning Bass fishing and water sports. Bring your ski-boat and make a day of it on the lake! Nearby Monteagle gives you tons of Hiking Opportunities, such as the Fiery Gizzard Trail. This 14 Unit Rental is perfectly located to fulfill part of the growing need for workforce housing in a very tight housing market in the area. Owner will consider Owner Financing

Utilities : Sewer Connected

Parking Features: Off Street, Kitchen Level

Exterior Features: Private Yard

Lot Features : Split Possible

Cooling: Electric

Heating : Electric

Interior Features: Eat-in Kitchen, Open Floorplan

Flooring : Luxury Vinyl, Plank

Levels : One

Utilities : Sewer Connected

Parking Features: Off Street, Kitchen Level

Exterior Features: Private Yard

Lot Features : Split Possible

Cooling: Electric

Heating : Electric

Interior Features: Eat-in Kitchen, Open Floorplan

Flooring : Luxury Vinyl, Plank

Levels : One

Street Address: 5640 Us-41 Highway

City: Jasper

State: Tennessee

Postal Code: 37347

County: Marion

Directions: From Downtown Chattanooga take I-24 West for app. 20 miles; cross Nickajack Lake and take next exit US 41 ; Continue West on US-41 and the property is on the left just after you cross the Sequatchie River ; 5640 Hwy 41

Property Information :

Listing Status: Withdrawn

Size: 7,644 Sqft

Lot Size: 1.00 Acres

MLS #: 1394370

Bathrooms: 0 ba

Price: $1,210,000

Tax Amount: 2079.89

Construction Status: Built in 1982

Last Modified : Dec 7 2025 4:36AM

Courtesy of: Roy Arick, Keller Williams Realty (MLS# 10708)

Source MLS: GCAR