$1,150,000
$50K PRICE DROP

204 Arrants Rd Decatur, TN 37322

Estimated payment $6,358/month

Total Views 4,484
-- Bed
-- Bath
8,064 Sq Ft
$143 Price per Sq Ft

Highlights

  • No HOA
  • Living Room
  • Central Air
  • Rear Porch

About This Home

Income-Producing 9-Unit Investment Opportunity. All units are separately metered.

Located directly across from Meigs County High School, this well-positioned multi-family property is a valuable addition to any portfolio. With nearly all units currently occupied and under professional management, this opportunity offers immediate cash flow and long-term potential.

Don't miss your chance to invest in a high-demand area—contact your favorite REALTOR® today to schedule a private showing and take the next step in growing your investment portfolio.

All information is deemed reliable but not guaranteed. Buyers are advised to independently verify all details.

Listing Agent

Wade Peterson

Rogue Real Estate Company llc License #359473 Listed on: 05/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,916

Year Built

  • Built in 1996

Interior Spaces

  • 8,064 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Microwave

Parking

  • Parking Available
  • Off-Street Parking

Schools

  • Meigs North Elementary School
  • Meigs County Middle School
  • Meigs County High School

Additional Features

  • Rear Porch
  • 0.96 Acre Lot
  • Central Air

Community Details

  • No Home Owners Association
  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 042f A 006.02

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,916

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.96
  • Subdivision Name: None
  • Directions: Start by heading north on US-27 from Chattanooga. Merge onto TN-60 W toward Decatur. Continue straight until you reach State Route 58 N/TN-58 N. Turn right onto TN-58 N and follow it into Decatur. Turn left onto Arrants Ave. 204 Arrants Ave will be on your right.
  • Living Area: 8064.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1996
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 042f A 006.02
  • Location Tax and Legal Elementary School: Meigs North Elementary
  • Location Tax and Legal High School: Meigs County High
  • Location Tax and Legal:Tax Annual Amount: 3915.52
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Lot Size Acres: 0.96
  • General Property Information Lot Size Square Feet2: 41817.6
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: Income-Producing 9-Unit Investment Opportunity. All units are separately metered. Located directly across from Meigs County High School, this well-positioned multi-family property is a valuable addition to any portfolio. With nearly all units currently occupied and under professional management, this opportunity offers immediate cash flow and long-term potential. Don't miss your chance to invest in a high-demand area—contact your favorite REALTOR® today to schedule a private showing and take the next step in growing your investment portfolio. All information is deemed reliable but not guaranteed. Buyers are advised to independently verify all details.
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Location Tax and Legal Middle or Junior School: Meigs County Middle
  • Sewer:Public Sewer: Yes
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 9.0
  • Unit 1 Furnished3: Partially
  • Unit 1 Den3: No
  • Unit 1 Living Room3: Yes
  • Unit 1 Separate Dining: No
  • Unit 1 Microwave6: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Efficiency2: No
  • Unit 2 Furnished4: Partially
  • Unit 2 Den4: No
  • Unit 2 Separate Dining2: No
  • Unit 2 Microwave7: Yes
  • Unit 3 Efficiency3: No
  • Unit 3 Furnished5: Partially
  • Unit 3 Den5: No
  • Unit 3 Living Room5: Yes
  • Unit 3 Separate Dining3: No
  • Unit 3 Microwave8: Yes
  • Unit 3 Washer Dryer Hookups3: Yes
  • Unit 4 Washer Dryer Hookups4: Yes
  • Unit 4 Microwave9: Yes
  • Unit 4 Efficiency4: No
  • Unit 4 Furnished6: Partially
  • Unit 4 Den6: No
  • Unit 4 Living Room6: Yes
  • Unit 4 Separate Dining4: No
  • Unit 5 Efficiency5: No
  • Unit 5 Furnished7: Unfurnished
  • Unit 5 Den7: No
  • Unit 5 Living Room7: Yes
  • Unit 5 Separate Dining5: No
  • Unit 5 Microwave10: Yes
  • Unit 5 Washer Dryer Hookups5: Yes
  • Unit 6 Efficiency6: No
  • Unit 6 Furnished8: Unfurnished
  • Unit 6 Den8: No
  • Unit 6 Living Room8: Yes
  • Unit 6 Separate Dining6: No
  • Unit 6 Microwave11: No
  • Unit 6 Stove6: Yes
  • Unit 6 Washer Dryer Hookups6: Yes
  • Unit 7 Efficiency7: No
  • Unit 7 Furnished9: Unfurnished
  • Unit 7 Den9: No
  • Unit 7 Living Room9: Yes
  • Unit 7 Separate Dining7: No
  • Unit 7 Microwave12: No
  • Unit 7 Stove7: Yes
  • Unit 7 Washer Dryer Hookups7: Yes
  • Unit 8 Efficiency8: No
  • Unit 8 Furnished10: Unfurnished
  • Unit 8 Den10: No
  • Unit 8 Living Room10: Yes
  • Unit 8 Separate Dining8: No
  • Unit 8 Microwave13: No
  • Unit 8 Stove8: Yes
  • Unit 8 Washer Dryer Hookups8: Yes
  • Unit 9 Efficiency9: No
  • Unit 9 Furnished11: Unfurnished
  • Unit 9 Den11: No
  • Unit 9 Living Room11: Yes
  • Unit 9 Separate Dining9: No
  • Unit 9 Microwave14: No
  • Unit 9 Stove9: Yes
  • Unit 9 Washer Dryer Hookups9: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • View: No
  • Waterfront: No
  • Patio And Porch Features: Rear Porch
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Off Street
  • Parking Features:Off Street: Yes
  • Parking Features:Concrete3: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Meigs North Elementary
  • High School: Meigs County High
  • Middle Or Junior School: Meigs County Middle

Lot Info

  • Lot Size Sq Ft: 41817.6
  • Additional Parcels: No
  • Parcel #: 042f A 006.02

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 3915.52

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $664 $192,560 $0 $0
2024 $664 $192,560 $17,840 $174,720
2023 $664 $192,560 $17,840 $174,720
2022 $3,819 $192,560 $17,840 $174,720
2021 $3,819 $192,560 $17,840 $174,720
2020 $3,701 $192,560 $17,840 $174,720
2019 $3,701 $159,240 $22,320 $136,920
2018 $3,701 $159,240 $22,320 $136,920
2017 $3,701 $159,240 $22,320 $136,920
2016 $3,689 $158,720 $22,320 $136,400
2015 $3,583 $158,720 $22,320 $136,400
2014 $3,800 $168,320 $40,000 $128,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2025 08/19/25 Off Market $1,150,000 -- --
08/14/2025 08/14/25 Price Changed $1,150,000 0.0% $143 / Sq Ft
08/14/2025 08/14/25 For Sale $1,150,000 -4.2% $143 / Sq Ft
05/28/2025 05/28/25 For Sale $1,200,000 -- $149 / Sq Ft
Source: Greater Chattanooga REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 --
Warranty Deed $550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 Commercial
Closed $440,000 Commercial
Source: Public Records

Source: Greater Chattanooga REALTORS®

MLS Number: 1513700

Greater Chattanooga REALTORS®

APN: 042F-A-006.02

Tennessee Meigs County Decatur 37322

204 Arrants Rd, Decatur, TN

For Sale

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Wade Peterson
Listing Agent
Wade Peterson
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Rogue Real Estate Company llc
(423) 640-7836