434 N Pine St Whitwell, TN 37397
Estimated payment $1,615/month
Highlights
- No HOA
- Living Room
- Luxury Vinyl Tile Flooring
- Cooling Available
- 1-Story Property
- Level Lot
About This Home
This 5-unit trailer park presents a strong value-add investment opportunity with significant upside potential. Currently, four units are occupied and generating $3,100 per month in gross income ($37,200 annually), while one unit is vacant and ready for renovation and lease-up. Market rents for similar units are approximately $850 per month, bringing the stabilized gross income potential to $4,250 per month, or $51,000 annually. Each unit has a separate electric meter, with tenants responsible for their own electricity. Water is on a single master meter and paid by the landlord, averaging approximately $180 per month. Additional operating expenses run about $350 per month. This property offers a clear path to increased cash flow through renovating the vacant units and adjusting rents to market levels. Drive-by viewings are welcome; however, please do not disturb current tenants. The seller will also provide vendor and service contacts to ensure a smooth transition for the new owner. SQFT total is total combined estimate of all 5 units. Exact age of the homes are unknown but site pads were built in 1996 according to records. Buyer/agent to verify any information they deem important. Property does require flood insurance.
Property Details
Home Type
- Manufactured Home
Est. Annual Taxes
- $351
Year Built
- Built in 1996 | Remodeled
Lot Details
- 40,946 Sq Ft Lot
- Lot Dimensions are 176x200.7x176x208.7
- Property fronts a county road
- Level Lot
Home Design
- Fixer Upper
- Mobile Home Park
- Metal Roof
Interior Spaces
- 6 Bathrooms
- 4,000 Sq Ft Home
- 1-Story Property
- Living Room
- Luxury Vinyl Tile Flooring
Kitchen
- Free-Standing Electric Oven
- Stove
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Parking
- Gravel Driveway
- Paved Parking
Schools
- Whitwell Elementary School
- Whitwell Middle School
- Whitwell High School
Utilities
- Cooling Available
- Heating Available
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 033o A 00600 000
Community Details
Overview
- No Home Owners Association
- 5 Units
- On-Site Maintenance
Pet Policy
- Pets Allowed
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 |
|---|---|---|---|---|
| 2025 | $476 | $13,520 | $6,000 | $7,520 |
| 2024 | $476 | $13,520 | $6,000 | $7,520 |
| 2023 | $476 | $13,520 | $0 | $0 |
| 2022 | $351 | $13,520 | $6,000 | $7,520 |
| 2021 | $351 | $13,520 | $6,000 | $7,520 |
| 2020 | $289 | $13,520 | $6,000 | $7,520 |
| 2019 | $289 | $9,080 | $6,000 | $3,080 |
| 2018 | $252 | $9,080 | $6,000 | $3,080 |
| 2017 | $252 | $9,080 | $6,000 | $3,080 |
| 2016 | $252 | $9,080 | $0 | $0 |
| 2015 | $230 | $9,080 | $0 | $0 |
| 2014 | $230 | $8,320 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/24/2026 02/24/26 | For Sale | $299,000 | 0.0% | $75 / Sq Ft |
| 10/12/2024 10/12/24 | For Rent | $850 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | Birthright Title Llc | |
| Warranty Deed | $110,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $100,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $35,000 | -- | |
| Deed | $8,000 | -- | |
| Warranty Deed | $45,000 | -- | |
| Warranty Deed | $4,500 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,000 | Credit Line Revolving | |
| Previous Owner | $88,000 | Commercial | |
| Previous Owner | $80,000 | Commercial |
Source: Greater Chattanooga REALTORS®
MLS Number: 1529118
APN: 033O-A-006.00
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