Chattanooga, TN 37416
Chattanooga, TN 37416,Video Tour
Chattanooga, TN 37416
Chattanooga, TN 37416
Chattanooga, TN 37416
Chattanooga, TN 37416
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$ 1,675,000
Est. payment | /mo

2,712 SqFt


$ 1,675,000
Est. payment | /mo

2,712 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,712 sqft

Price per Sqft $617

Subdivision James D Lee

MLS Listing ID 1522136

Style Contemporary

Year Built 1998

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Duplex

Source Greater Chattanooga REALTORS®

Property Description

The Blue Oak Portfolio offers four fully occupied, income-producing rental homes in the desirable Blue Oak community. Each property is professionally managed, well-maintained, and provides consistent monthly cash flow, making this a strong, low-maintenance addition to any investment portfolio. Generating over $158,000 in annual income with an estimated 6.3% cap rate, this portfolio delivers immediate returns and long-term appreciation potential. It is ideal for investors or 1031 exchange buyers seeking reliable performance in a high-demand area.

All properties are tenant-occupied with proven rental history and stable management already in place. This is a true turnkey opportunity for anyone looking to acquire performing assets with minimal effort required. The portfolio is offered as a complete package for $1,675,000, but the seller is also willing to sell the homes separately. Contact the listing agent for financial details and additional information.

Location

State TN

County Hamilton

Area 1.0

Interior

Heating Central

Cooling Central Air

Flooring Laminate, Vinyl

Fireplace No

Appliance Washer/Dryer

Heat Source Central

Exterior

Exterior Feature Other

Parking Features Garage, Off Street

Garage Description Garage, Off Street

Community Features Other

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Roof Type Shake,Shingle

Garage No

Building

Lot Description Paved

Faces From Highway 58, turn onto Champion Road. Continue straight, then turn left onto Blue Oak Drive. The home will be on your right

Foundation Slab

Sewer Septic Tank

Water Public

Architectural Style Contemporary

Structure Type Vinyl Siding

Schools

Elementary Schools Harrison Elementary

Middle Schools Brown Middle

High Schools Central High School

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://my.matterport.com/show/?m=BfaVeVsQVVH&mls=1

Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by EXP Realty,LLC
Joyce Houk

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