1501 Fruitland Dr Chattanooga, TN 37412
Estimated payment $7,222/month
Highlights
- No HOA
- Formal Dining Room
- Living Room
- Den
- Cooling Available
About This Home
This is a rare opportunity to acquire a fully leased rental portfolio consisting of 5 single-family rental homes and 1 duplex in Chattanooga, TN. 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 Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,958
Year Built
- Built in 1975
Interior Spaces
- 1,792 Sq Ft Home
- Living Room
- Formal Dining Room
- Den
- Stove
- Washer and Dryer Hookup
Parking
- Driveway
- Off-Street Parking
Schools
- Spring Creek Elementary School
- East Ridge Middle School
- East Ridge High School
Additional Features
- 5,227 Sq Ft Lot
- Cooling Available
Community Details
- No Home Owners Association
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 169j H 014
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $1,052 | $47,040 | $0 | $0 |
| 2023 | $1,658 | $47,040 | $0 | $0 |
| 2022 | $1,658 | $47,040 | $0 | $0 |
| 2021 | $1,958 | $47,040 | $0 | $0 |
| 2020 | $1,830 | $36,840 | $0 | $0 |
| 2019 | $1,830 | $36,840 | $0 | $0 |
| 2018 | $1,830 | $36,840 | $0 | $0 |
| 2017 | $1,830 | $36,840 | $0 | $0 |
| 2016 | $1,760 | $0 | $0 | $0 |
| 2015 | $1,760 | $34,440 | $0 | $0 |
| 2014 | $1,760 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $1,339,200 | -- | $747 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Limited Warranty Deed | $191,802 | None Available | |
| Quit Claim Deed | $85,000 | None Available | |
| Deed | -- | -- |
Source: Greater Chattanooga REALTORS®
MLS Number: 1524265
APN: 169J-H-014
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