204 Arrants Rd Decatur, TN 37322
Estimated payment $6,694/month
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.
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
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 | $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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | For Sale | $1,200,000 | -- | $149 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $550,000 | -- | |
| Warranty Deed | $550,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $440,000 | Commercial | |
| Closed | $440,000 | Commercial |
Source: Greater Chattanooga REALTORS®
MLS Number: 1513700
APN: 042F-A-006.02
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