$350,000

Estimated payment $2,067/month

Total Views 647
3 Beds
2.5 Baths
1,520 Sq Ft
$230 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Walk-In Closet
  • Main Floor Primary Bedroom
  • Covered patio or porch
  • Laundry Room

About This Home

Investor Opportunity - Six-Home Rental Portfolio | $1,990,000Turnkey 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 lease6321 Talladega Ave - Vacant and available to showThe sixth property, 6213 Walden Ave, is a fully remodeled gem leased for $2,775/mo on a furnished corporate lease. 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: now $12,525 with $15,025 as total potential for increased income from the vacant unit, projected to rent for $2500/mo.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. Vacant property (6321 Talladega Ave) is able to be shown by appointment, all others will be shown once an accepted contract is in place. **Please do not disturb tenants in other units.**

Last Listed By

Christa French

Real Estate Partners Chattanooga LLC License #338442 Listed on: 05/28/2025

Real Estate Partners Chattanooga LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,223

Year Built

  • Built in 2024

Lot Details

  • 6,970 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
  • Ceiling Fan
  • Insulated Windows
  • Luxury Vinyl Tile Flooring
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Free-Standing Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

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
  • Underground Utilities
  • Water Heater

Community Details

  • No Home Owners Association
  • Washington Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 148g N 021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,223

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: 50X140
  • Inclusions: All appliances in kitchen including refrigerator.
  • Subdivision Name: Washington Park
  • Directions: I-24 E to I-75N towards Knoxville, take exit 4for TN-153 N toward Chickamauga Dam/Airport, exit 1A Shepard's Rd, Turn right onto W Shepherd Rd, Turn right onto Meharry Dr, Turn left on Walden Ave
  • Above Grade Finished Sq Ft: 1520.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 1520.0
  • New Construction: No
  • Building Stories: 2
  • Structure Type: House
  • Year Built: 2024
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 148g N 021
  • Location Tax and Legal Elementary School: Bess T. Shepherd Elementary
  • Location Tax and Legal Middle Or Junior School2: Tyner Middle Academy
  • Location Tax and Legal High School: Tyner Academy
  • Location Tax and Legal:Tax Annual Amount: 1222.79
  • Location Tax and Legal Additional Parcels YN: Yes
  • General Property Information:Bathrooms Half: 1
  • General Property Information Above Grade Finished Area: 1520.0
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.16
  • General Property Information Lot Size Square Feet2: 6969.97
  • General Property Information Lot Size Dimensions: 50X140
  • 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 Spa YN: No
  • General Property Information Senior Community YN: No
  • Utilities Sewer Connected: Yes
  • Utilities Underground Utilities: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Roof Asphalt5: Yes
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Laundry Features Laundry Room: Yes
  • General Property Information Stories2: 2
  • Patio And Porch Features Porch - Covered: Yes
  • Flooring Luxury Vinyl: Yes
  • Appliances Water Heater2: Yes
  • Structure Type:House: Yes
  • Laundry Features:Inside: Yes
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Water Heater, Range Hood, Free-Standing Refrigerator, Free-Standing Electric Range, Dishwasher
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Luxury Vinyl
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs, Walk-In Closet(s)
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Free-Standing Refrigerator: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Rain Gutters
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Porch - Covered
  • Roof: Asphalt, Shingle
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Level: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Rain Gutters: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Inside, Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected, Underground Utilities
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Bess T. Shepherd Elementary
  • High School: Tyner Academy
  • Middle Or Junior School: Tyner Middle Academy

Lot Info

  • Lot Size Sq Ft: 6969.97
  • Additional Parcels Description: This is being sold as a package of 6 homes, owner will not divide
  • Additional Parcels: Yes
  • Parcel #: 148g N 021

Tax Info

  • Tax Annual Amount: 1222.79

Map

Range of Values:

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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
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
Source: Public Records

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
Source: Greater Chattanooga REALTORS®

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: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,000 New Conventional
Source: Public Records

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Source: Greater Chattanooga REALTORS®

MLS Number: 1513679

Greater Chattanooga REALTORS®

APN: 148G-N-021