6215 Walden Ave Unit 2 Chattanooga, TN 37421
Hickory Valley NeighborhoodEstimated payment $10,574/month
Highlights
- Deck
- Granite Countertops
- Covered Patio or Porch
- Furnished
- No HOA
- Stainless Steel Appliances
About This Home
Investor Opportunity - Six-Home Rental Portfolio | $1,990,000
Turnkey rental portfolio of six single-family homes, fully leased and cash-flowing—offered as a package only. Five of the properties are brand-new construction featuring a popular 3 bed / 2.5 bath layout with the primary suite on the main level, covered front porch, and spacious rear deck. Luxury vinyl plank flooring throughout, granite countertops, galley kitchen with modern open shelving and stainless appliances. These homes are located at:
6215 Walden Ave - $2,500/mo (Section 8)
6219 Walden Ave - $2,500/mo (Section 8)
6325 Talladega Ave - $2,500/mo (Section 8)
6401 Atlanta Ave - $2,250/mo, secured with a two-year lease
6321 Talladega Ave - $2,300/mo (Section 8)
6213 Walden Ave - $2,775/mo corporate lease
The sixth property, 6213 Walden Ave, is a fully remodeled gem leased for $2,775/mo on a furnished corporate lease. Furniture to convey. Renovations include a new roof, new flooring, upgraded cabinetry, appliances, lighting, exterior paint, serviced HVAC, and added side deck for outdoor enjoyment.
Total Gross Monthly Rent: $14,825
Total Gross Yearly Rent: $177,900
Insurance cost will depend on policyholder but current owner pays approximately $6k/yr. Seller's other expenses are property taxes and ONLY the corporate rental (6213 Walden Ave) includes lawn maintenance, 1 x per week cleaning at $75, and utilities. All five new construction units--the utilities and lawn maintenance are tenant's responsibility.
Excellent Section 8 and corporate tenancy in place. All six homes are in strong rental corridors and have been professionally maintained. Owner will not divide package.
A rare opportunity to own a stable, income-producing portfolio with minimal deferred maintenance and strong rental income. Properties will be shown once an accepted contract is in place. **Please do not disturb tenants**
Listing Agent
Real Estate Partners Chattanooga LLC License #338442 Listed on: 05/28/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $280
Year Built
- Built in 2024
Lot Details
- 7,000 Sq Ft Lot
- Lot Dimensions are 50x140
- Level Lot
- Additional Parcels
Home Design
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,520 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Insulated Windows
- Living Room
- Luxury Vinyl Tile Flooring
- Fire and Smoke Detector
Kitchen
- Stove
- Free-Standing Electric Range
- Range Hood
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
Bedrooms and Bathrooms
- En-Suite Bathroom
- Walk-In Closet
- Double Vanity
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- Driveway
- Off-Street Parking
Outdoor Features
- Deck
- Covered Patio or Porch
- Rain Gutters
Schools
- Bess T. Shepherd Elementary School
- Tyner Middle Academy
- Tyner Academy High School
Utilities
- Central Heating and Cooling System
- Water Heater
Community Details
- No Home Owners Association
- Washington Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 148g N 021
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 | $140 | $6,250 | $0 | $0 |
| 2023 | $140 | $6,250 | $0 | $0 |
| 2022 | $140 | $6,250 | $0 | $0 |
| 2021 | $259 | $11,575 | $0 | $0 |
| 2020 | $180 | $6,525 | $0 | $0 |
| 2019 | $180 | $6,525 | $0 | $0 |
| 2018 | $275 | $6,525 | $0 | $0 |
| 2017 | $180 | $6,525 | $0 | $0 |
| 2016 | $138 | $0 | $0 | $0 |
| 2015 | $368 | $4,975 | $0 | $0 |
| 2014 | $368 | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | For Sale | $350,000 | -82.4% | $230 / Sq Ft |
| 05/28/2025 05/28/25 | For Sale | $1,990,000 | +13166.7% | $1,309 / Sq Ft |
| 08/14/2019 08/14/19 | Sold | $15,000 | -21.1% | $19 / Sq Ft |
| 08/02/2019 08/02/19 | Pending | -- | -- | -- |
| 07/24/2019 07/24/19 | For Sale | $19,000 | -- | $24 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $14,305 | None Available | |
| Warranty Deed | $1,500 | None Available | |
| Quit Claim Deed | $5,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Legal Title & Escrow Inc |
Source: Greater Chattanooga REALTORS®
MLS Number: 1513677
APN: 148G-N-021
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