340/342 Bank St, Tellico Plains, TN 37385 (MLS# 1352249)

340/342 Bank St, Tellico Plains, TN 37385

New Listing
$649,999
Property Type: Multi-Family Square Footage: 3,254 Lot Size (sq. ft.): 39,204 Status: Active
Current Price: $649,999 List Date: 8/18/2026 Last Modified: 8/18/2026

Overview

Description

Two Homes, One Exceptional Property in Tellico Plains! Discover the possibilities with this unique multigenerational property or potential income-producing opportunity, offering two well-maintained, move-in-ready homes on approximately 0.9 acres in the heart of Tellico Plains, Tennessee. The main residence features 3 bedrooms, 2.5 bathrooms, and approximately 2,240 square feet, providing plenty of space for comfortable everyday living and entertaining, as well as a 2-car attached garage. A second home offers an additional 1,014 square feet with 3 bedrooms and 1 bathroom--perfect for extended family, guests, or potential rental income. Adding even more value is a spacious 30' x 40' detached garage with concrete flooring, ideal for vehicles, workshop space, storage, or recreational equipment. Enjoy beautiful mountain views from the expansive front porch while being conveniently located in the heart of Tellico Plains. Outdoor enthusiasts will love the easy access to the scenic ...

Listing Details MLS# 1352249

Location Tax Legal Info

House #
340/342
Street Name
Bank
St Suffix
St
State/Province
TN
Zip Code
37385
PIN #
136 01603 136 01602

Contract Info

Auction Y/N
No
Listing Price
649999

General Property Description

SqFt - Total (Aprox)
3254
Lot Dimensions
84x176 68.2x176.2
Lot Size SqFt
39204
Number of Units
2
Year Built
1994
Property Status
N/A
Restrictions
No
Driveway
Paved
Utilities/Mo Avg
0

Status Change Info

Status Change Date
2026-08-18

Location, Tax & Legal Info

Area
Monroe County - 33
City/County Code
City Limits
Elementary School
Tellico Plains
Middle School
Tellico Plains
Total Tax
1780.66
High School
Tellico Plains

Remarks & Misc

Directions
From Madisonville to Tellico, turn left onto Bank Street (beside Tates). Follow 0.8 miles to 340. Turn left into driveway.
Public Remarks
Two Homes, One Exceptional Property in Tellico Plains! Discover the possibilities with this unique multigenerational property or potential income-producing opportunity, offering two well-maintained, move-in-ready homes on approximately 0.9 acres in the heart of Tellico Plains, Tennessee. The main residence features 3 bedrooms, 2.5 bathrooms, and approximately 2,240 square feet, providing plenty of space for comfortable everyday living and entertaining, as well as a 2-car attached garage. A second home offers an additional 1,014 square feet with 3 bedrooms and 1 bathroom--perfect for extended family, guests, or potential rental income. Adding even more value is a spacious 30' x 40' detached garage with concrete flooring, ideal for vehicles, workshop space, storage, or recreational equipment. Enjoy beautiful mountain views from the expansive front porch while being conveniently located in the heart of Tellico Plains. Outdoor enthusiasts will love the easy access to the scenic Tellico River and Bald River Falls, just approximately 12 miles away. A 30-foot easement at the bottom of the property provides access to the property located behind it. Whether you're looking for a home for multiple generations, space for guests, a potential rental opportunity, or simply room to spread out, this property offers an exceptional combination of space, flexibility, mountain views, and location. Properties offering two homes and a large garage in Tellico Plains don't come along often--come see the possibilities for yourself!

More Information

Fencing

Chain
Yes
Fenced Yard
Yes

Property Sub-Type

Other
Yes

Construction

Block
Yes

Type of Units

3 or more Bdrm Units
Yes
Other
Yes

Siding

Brick
Yes
Vinyl
Yes

Sale Includes

Other
Yes

Miscellaneous

Porch
Yes
Storage Space
Yes
Utility Room
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes

Floors

Carpet
Yes
Laminate
Yes

Garage/Parking

Garage Spaces
4
Attached
Yes
Basement
Yes
Detached
Yes
Garage Door Opener
Yes

Fuel

Electric
Yes

Heat

Central
Yes

Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes
Smoke Detector
Yes

Other Rooms

Bedroom Main Level
Yes
Family Room
Yes
Separate Dining Room
Yes
Split Bedroom
Yes

Roof

Shingle
Yes

Exterior Features

Cable Available (TV Only)
Yes
Porch - Covered
Yes

Misc Features

Internet Available
Yes
Kitchen Island
Yes
Pantry
Yes
Washer/Dryer Connect
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes
New Loan
Yes
VA Loan
Yes

Showing

See Agent Instructns
Yes

Property Features

Property Sub-Type: Other Type of Units: 3 or more Bdrm Units; Other Sale Includes: Other Floors: Carpet; Laminate Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Range; Refrigerator; Smoke Detector Construction: Block Roof: Shingle Siding: Brick; Vinyl Exterior Features: Cable Available (TV Only); Porch - Covered Misc Features: Internet Available; Kitchen Island; Pantry; Washer/Dryer Connect Other Rooms: Bedroom Main Level; Family Room; Separate Dining Room; Split Bedroom Fencing: Chain; Fenced Yard Miscellaneous: Porch; Storage Space; Utility Room New Financing: Cash; Conventional; FHA; New Loan; VA Loan Showing: See Agent Instructns
IDX
Listing Office: Keller Williams Athens
Last Updated: August - 18 - 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.