Multifamily Property for Sale in Chattanooga, TN

  • Price: $1.2M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Chattanooga, TN 37412
  • Size: 6 SF

Description

Investment Portfolio for Sale | 6 Properties | Chattanooga, TN Offered at $1,339,200 | Fully Occupied This is a rare opportunity to acquire a fully leased rental portfolio consisting of 4 single-family rental homes and 1 duplex in Chattanooga, TN. One of the properties is currently utilized as a business, offering a mix of residential and commercial income. All properties are fully occupied , each with individual driveways, ample parking, and fenced-in & flat backyards. All leases are month-to-month and tenants have been there for multiple years. Rent is below market value. Leases and showings are available upon submission of an LOI. Property Highlights 1501 Fruitland (Duplex | 1,792 SF | Built 1975) Current rents: $750 & $550/month Two bedrooms & one bathroom per unit (upstairs) Each side includes laundry room, screened- in porch, ceiling fans Fenced yard | 55x242’ lot Unit B - covered carport 1502 Fruitland (Single-Family | 1,103 SF | Built 1941 Current rent: $750/month 2 bedrooms | 2 baths Shed Fenced yard 1503 Fruitland (Single-Family | 960 SF | Built 1970) 2 bedrooms | 1 bath | laundry room | wood floors Wheelchair ramp | fenced yard | outdoor storage (6x5’) Sits on 0.18 acres Covered back porch and carport 1505 Fruitland (Single-Family | 1,095 SF | Built 1940) Long-term tenant (20+ years) | $750/month rent 2 bedrooms | 1 bath | laundry room | wood floors Fenced yard | 0.18 acres Covered carport and screened- in porch 1507 Fruitland (Single-Family | 1,019 SF | Built 1970) 2 bedrooms | 1 bath | fireplace | porch Detached garage | large fenced backyard | Exterior Shed $800/month rent 1505 Maxwell Rd (Commercial | 1,188 SF | Built 1950) 6 offices, kitchen, 1 bathroom, attached garage $750/month rent Currently being used as a commercial office Portfolio Features ✅ Fully Occupied – Immediate Income ✅ Residential & Commercial Mix ✅ Individual Driveways + Ample Parking ✅ All Properties Have Fenced Backyards ✅ Total Offering: $1,339,200 This portfolio presents a strong

Market Context

This multifamily in Chattanooga, TN is listed for sale at $1,250,000 across 6 SF. It has been on the market for 39 days. Compare it against other multifamily listings for sale in Chattanooga, TN — <a href="/search/sale/multifamily/tennessee/chattanooga">view the full market</a>.

Contact

Explore this market

Similar Multifamily Property for Sale in Chattanooga, TN