1113 McBrien Rd Chattanooga, TN 37412
Estimated Value: $379,000 - $600,000
About This Home
As of October 2019Attention investors! This East Ridge Quadplex provides will provide $3100 or more in Gross Monthly Rents. Current rents are $695, $715 $850, and one vacant side. The HUD Fair Market Rent for 2 Bedrooms in 37412 is $870 and $1330 for the 3 Bedroom which allows potential to increase GMR to $3940. The property is also professionally managed by a property management company. Since the property is tenant occupied the seller requires an accepted offer with a contingency to view. Call for questions and offers. Four properties are adjacent to each other with a total of 10 units and can be purchased separately or together. Seller to consider an as-is sale with seller financing at 25% down.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,755
Year Built
- Built in 1972
Lot Details
- 0.64
Home Design
- Quadruplex
Interior Spaces
- 4,692 Sq Ft Home
- Property has 3 Levels
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Bathrooms
Schools
- East Ridge Elementary School
- East Ridge Middle School
- East Ridge High School
Additional Features
- Lot Dimensions are 100x300
- Central Heating and Cooling System
Listing and Financial Details
- Total Actual Rent $695
- Assessor Parcel Number 169B P 019
Community Details
Overview
- No Home Owners Association
- 4 Units
- Shady Grove Addn Subdivision
Building Details
- Gross Income $27,120
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Generation 5 Properties Llc | $255,000 | Realty Center T&E Llc | |
| East Ridge 16 Llc | -- | Pioneer Title Agency Inc | |
| Ryan Timothy T | $240,000 | Pioneer Title Agency Inc |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ryan Timothy T | $220,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/25/2019 10/25/19 | Sold | $255,000 | -5.6% | $54 / Sq Ft |
| 10/14/2019 10/14/19 | Pending | -- | -- | -- |
| 10/03/2019 10/03/19 | For Sale | $270,000 | -- | $58 / Sq Ft |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,095 | $138,240 | $0 | $0 |
| 2024 | $2,250 | $100,560 | $0 | $0 |
| 2023 | $3,543 | $100,560 | $0 | $0 |
| 2022 | $3,543 | $100,560 | $0 | $0 |
| 2021 | $3,963 | $100,560 | $0 | $0 |
| 2020 | $3,755 | $80,400 | $0 | $0 |
| 2019 | $3,755 | $80,400 | $0 | $0 |
| 2018 | $3,755 | $80,400 | $0 | $0 |
| 2017 | $3,755 | $80,400 | $0 | $0 |
| 2016 | $3,954 | $0 | $0 | $0 |
| 2015 | $3,954 | $83,520 | $0 | $0 |
| 2014 | $3,954 | $0 | $0 | $0 |
Map
Source: Realtracs
MLS Number: 2724984
APN: 169B-P-019
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 5315 Connell St
- 529 S Saint Marks Ave
- 4909 Fike Dr
- 5322 Connell St
- 1301 McBrien Rd
- 615 S Moore Rd
- 1304 McBrien Rd
- 1313 McBrien Rd
- 5362 Reneau Way
- 5394 Reneau Way
- 5339 Reneau Way
- 507 S Lovell Ave
- 5398 Reneau Way
- 4800 Maryland Dr
- 5419 Marion Ave
- 4800 Madonna Ave
- 903 Sunny Dell Cir
- 1311 Boyd St
- 0 McBrien Rd Unit RTC3135321
- 0 McBrien Rd Unit 1529226
- 1113 McBrien Rd Unit A
- 1117 McBrien Rd
- 1111 McBrien Rd
- 1111 McBrien Rd Unit B
- 1111 McBrien Rd Unit A
- 1108 S Saint Marks Ave
- 1106 S Saint Marks Ave
- 1108 S St Marks Ave
- 1108 S St Marks Ave Unit 1
- 1109 McBrien Rd
- 1109 McBrien Rd Unit A
- 1109 McBrien Rd Unit 1
- 1123 McBrien Rd
- 1110 S Saint Marks Ave
- 1104 S Saint Marks Ave
- 1116 McBrien Rd
- 1116 McBrien Rd
- 1116 McBrien Rd
- 1116 McBrien Rd
- 1116 McBrien Rd Unit B
Ask me questions while you tour the home.