Real Estate Investment Properties for Sale in Calhoun, TN

Looking for investment property in Calhoun, TN with high ROI ?

Explore a variety of short-term homes & houses in Calhoun, TN. Invest wisely with VRBO & Calhoun, TN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Calhoun, TN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
675 Pinhook Rd Calhoun, TN Come check out this beautifully updated home featuring NEW HVAC unit installed 1/13/26 wit...	3 beds \| 2 baths \| 1,732 sq.ft.	$284,000	Airbnb cash on cash: 2.94% Traditional cash on cash: 6.73% Airbnb Rental Income: $1702 Traditional Rental Income: $2244 Airbnb ROI: 2.94% Traditional ROI: 6.73%
141 Church Street Calhoun, TN If you're looking for space inside and out, 141 Church Street delivers. This 2,771 sq ft h...	3 beds \| 2 baths \| 2,771 sq.ft.	$289,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 5.09% Airbnb Rental Income: $1702 Traditional Rental Income: $1833 Airbnb ROI: 2.88% Traditional ROI: 5.09%
450 County Road 28 Calhoun, TN Off-grid custom-built modern farmhouse on 53 acres at Creekside Farm. No electric bills he...	4 beds \| 3 baths \| 2,983 sq.ft.	$1,700,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.65% Airbnb Rental Income: $null Traditional Rental Income: $2862 Airbnb ROI: N/A Traditional ROI: 0.65%
252 River Run Road Calhoun, TN Experience mountain living at its finest in this stunning 5-bedroom, 3-bath log cabin, per...	5 beds \| 3 baths \| 2,627 sq.ft.	$359,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.19% Airbnb Rental Income: $null Traditional Rental Income: $3356 Airbnb ROI: N/A Traditional ROI: 8.19%
120 7th Street Calhoun, TN Rather you are a first-time home buyer, looking to downsize, or looking for an investment ...	2 beds \| 1 baths \| 1,568 sq.ft.	$210,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 8.08% Airbnb Rental Income: $791 Traditional Rental Income: $1922 Airbnb ROI: 0.79% Traditional ROI: 8.08%
110 Fairhill Avenue Calhoun, TN Charming two-level home in the heart of Calhoun! This 3 bedroom, 1.5 bathroom home offers ...	3 beds \| 2 baths \| 1,225 sq.ft.	$225,000	Airbnb cash on cash: 4.12% Traditional cash on cash: 8.53% Airbnb Rental Income: $1702 Traditional Rental Income: $2169 Airbnb ROI: 4.12% Traditional ROI: 8.53%
145 Pinhook Road Calhoun, TN Welcome to this well-maintained 5-bedroom, 3-bathroom home offering over 2,100 square feet...	5 beds \| 3 baths \| 2,128 sq.ft.	$359,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.91% Airbnb Rental Income: $null Traditional Rental Income: $2840 Airbnb ROI: N/A Traditional ROI: 6.91%
2239 County Road 750 Calhoun, TN 2239 County Road 750, Calhoun, TN 37309 \| Single Family Residential	3 beds \| 2 baths \| 2,353 sq.ft.	$869,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 0.95% Airbnb Rental Income: $1702 Traditional Rental Income: $2241 Airbnb ROI: -0.3% Traditional ROI: 0.95%
252 River Run Rd Calhoun, TN 252 River Run Rd, Calhoun, TN 37309 \| Single Family Residential	5 beds \| 3 baths \| 2,627 sq.ft.	$369,999	Airbnb cash on cash: N/A Traditional cash on cash: 6.2% Airbnb Rental Income: $null Traditional Rental Income: $2884 Airbnb ROI: N/A Traditional ROI: 6.2%
0 Hiwassee Ave Calhoun, TN 0 Hiwassee Ave, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$69,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.34% Airbnb Rental Income: $null Traditional Rental Income: $859 Airbnb ROI: N/A Traditional ROI: 9.34%
359 Co Rd 4 Calhoun, TN 359 Co Rd 4, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.66% Airbnb Rental Income: $null Traditional Rental Income: $838 Airbnb ROI: N/A Traditional ROI: 3.66%
Lot 4 County Road 950 Calhoun, TN Lot 4 County Road 950, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.43% Airbnb Rental Income: $null Traditional Rental Income: $859 Airbnb ROI: N/A Traditional ROI: 2.43%
360 County Road 963 Calhoun, TN 360 County Road 963, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.15% Airbnb Rental Income: $null Traditional Rental Income: $859 Airbnb ROI: N/A Traditional ROI: 1.15%
00 County Road 956 Calhoun, TN 00 County Road 956, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$1,250,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.05% Airbnb Rental Income: $null Traditional Rental Income: $859 Airbnb ROI: N/A Traditional ROI: -1.05%
Lot 1 State Highway 163 Calhoun, TN Lot 1 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$4,050,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.5% Airbnb Rental Income: $null Traditional Rental Income: $859 Airbnb ROI: N/A Traditional ROI: -1.5%
Lot 4 State Highway 163 Calhoun, TN Lot 4 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$1,916,800	Airbnb cash on cash: N/A Traditional cash on cash: -1.27% Airbnb Rental Income: $null Traditional Rental Income: $859 Airbnb ROI: N/A Traditional ROI: -1.27%
Lot 3 State Highway 163 Calhoun, TN Lot 3 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$666,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.47% Airbnb Rental Income: $null Traditional Rental Income: $859 Airbnb ROI: N/A Traditional ROI: -0.47%
Lot 2 State Highway 163 Calhoun, TN Lot 2 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$739,500	Airbnb cash on cash: N/A Traditional cash on cash: -0.59% Airbnb Rental Income: $null Traditional Rental Income: $859 Airbnb ROI: N/A Traditional ROI: -0.59%
Lot 5 State Highway 163 Calhoun, TN Lot 5 State Highway 163, Calhoun, TN 37309 \| Other	N/A beds \| N/A baths \| N/A	$1,292,960	Airbnb cash on cash: N/A Traditional cash on cash: -1.07% Airbnb Rental Income: $null Traditional Rental Income: $859 Airbnb ROI: N/A Traditional ROI: -1.07%
4971 Highway 11 S Calhoun, TN Fully Renovated + Tons of Space on 2.2 Acres! This stunning 3-bedroom, 2-bath home has bee...	3 beds \| 2 baths \| 1,546 sq.ft.	$334,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 4.77% Airbnb Rental Income: $1702 Traditional Rental Income: $1933 Airbnb ROI: 2.53% Traditional ROI: 4.77%

Real Estate investment in Calhoun, TN

There are 20 properties for sale in the city of Calhoun . The median list price in Calhoun is $321,000 and the average price per square foot is $161. In January 2026, the average monthly cash on cash return in Calhoun is 4.00%. The average monthly rental income in Calhoun is $859.

Calhoun, TN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 20 investment properties available for sale in Calhoun.

In 2026, the best neighborhood to buy investment property is Calhoun.

The ROI for Long-Term is higher than the Short-Term in Calhoun with average rental income of $859.

Your search for investment property begins and ends here

Investment Property for Sale in Calhoun, TN

675 Pinhook Rd

Calhoun, TN

3 beds | 2 baths | 1,732 sq.ft.

$284,000

Airbnb cash on cash: 2.94%

Traditional cash on cash: 6.73%

Airbnb Rental Income: $1702

Traditional Rental Income: $2244

Airbnb ROI: 2.94%

Traditional ROI: 6.73%

141 Church Street

Calhoun, TN

3 beds | 2 baths | 2,771 sq.ft.

$289,000

Airbnb cash on cash: 2.88%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $1702

Traditional Rental Income: $1833

Airbnb ROI: 2.88%

Traditional ROI: 5.09%

450 County Road 28

Calhoun, TN

4 beds | 3 baths | 2,983 sq.ft.

$1,700,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.65%

Airbnb Rental Income: $null

Traditional Rental Income: $2862

Airbnb ROI: N/A

Traditional ROI: 0.65%

252 River Run Road

Calhoun, TN

5 beds | 3 baths | 2,627 sq.ft.

$359,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.19%

Airbnb Rental Income: $null

Traditional Rental Income: $3356

Airbnb ROI: N/A

Traditional ROI: 8.19%

120 7th Street

Calhoun, TN

2 beds | 1 baths | 1,568 sq.ft.

$210,000

Airbnb cash on cash: 0.79%

Traditional cash on cash: 8.08%

Airbnb Rental Income: $791

Traditional Rental Income: $1922

Airbnb ROI: 0.79%

Traditional ROI: 8.08%

110 Fairhill Avenue

Calhoun, TN

3 beds | 2 baths | 1,225 sq.ft.

$225,000

Airbnb cash on cash: 4.12%

Traditional cash on cash: 8.53%

Airbnb Rental Income: $1702

Traditional Rental Income: $2169

Airbnb ROI: 4.12%

Traditional ROI: 8.53%

145 Pinhook Road

Calhoun, TN

5 beds | 3 baths | 2,128 sq.ft.

$359,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.91%

Airbnb Rental Income: $null

Traditional Rental Income: $2840

Airbnb ROI: N/A

Traditional ROI: 6.91%

2239 County Road 750

Calhoun, TN

3 beds | 2 baths | 2,353 sq.ft.

$869,900

Airbnb cash on cash: -0.3%

Traditional cash on cash: 0.95%

Airbnb Rental Income: $1702

Traditional Rental Income: $2241

Airbnb ROI: -0.3%