7437 Private Ln Ooltewah, TN 37363
Ooltewah AreaEstimated payment $9,981/month
Highlights
- No HOA
- Living Room
- Level Lot
- Formal Dining Room
- Central Heating and Cooling System
About This Home
16-unit multifamily investment opportunity in Ooltewah, Tennessee. Firefly Acres consists of two apartment buildings offering a mix of one- and two-bedroom units, with 94% occupancy and an established rental history. Units feature a combination of updates including LVT flooring, fresh paint, and washer/dryer hookups.
The property provides an established income stream, with trailing 12-month total income of approximately $200,000. Additional upside exists through continued rent growth as leases renew and units turn, along with supplemental revenue from pet fees and other tenant charges.
With 16 units concentrated in one location, Firefly Acres offers investors meaningful multifamily scale in the growing Ooltewah market. Financial statements, current rent roll, operating information, and additional due diligence materials are available to qualified buyers upon request. Please do not disturb tenants.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $7,747
Year Built
- Built in 1980
Lot Details
- 1.4 Acre Lot
- Lot Dimensions are 200x329
- Level Lot
Parking
- Off-Street Parking
Home Design
- Shingle Roof
Interior Spaces
- 10,136 Sq Ft Home
- 2-Story Property
- Living Room
- Formal Dining Room
- Basement
- Crawl Space
- Stove
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 22 Bedrooms
- 16 Bathrooms
Schools
- Snow Hill Elementary School
- Hunter Middle School
- Central High School
Utilities
- Central Heating and Cooling System
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 077 075
Community Details
Overview
- No Home Owners Association
- 16 Units
- Lee Acres Subdivision
Pet Policy
- Pets Allowed
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,603 | $501,600 | $0 | $0 |
| 2024 | $7,134 | $318,880 | $0 | $0 |
| 2023 | $7,251 | $318,880 | $0 | $0 |
| 2022 | $7,278 | $318,880 | $0 | $0 |
| 2021 | $7,278 | $318,880 | $0 | $0 |
| 2020 | $7,346 | $260,440 | $0 | $0 |
| 2019 | $7,346 | $260,440 | $0 | $0 |
| 2018 | $7,346 | $260,440 | $0 | $0 |
| 2017 | $7,346 | $260,440 | $0 | $0 |
| 2016 | $6,303 | $0 | $0 | $0 |
| 2015 | $6,303 | $222,720 | $0 | $0 |
| 2014 | $6,303 | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/21/2026 08/21/26 | For Sale | $1,700,000 | 0.0% | $168 / Sq Ft |
| 09/21/2024 09/21/24 | Off Market | $890 | -- | -- |
| 09/21/2024 09/21/24 | Off Market | $950 | -- | -- |
| 08/02/2024 08/02/24 | Rented | $890 | +4.7% | -- |
| 07/26/2024 07/26/24 | Under Contract | -- | -- | -- |
| 07/16/2024 07/16/24 | For Rent | $850 | -10.5% | -- |
| 06/26/2024 06/26/24 | Rented | -- | -- | -- |
| 06/26/2024 06/26/24 | Under Contract | -- | -- | -- |
| 06/26/2024 06/26/24 | Rented | $950 | +11.8% | -- |
| 04/01/2024 04/01/24 | For Rent | -- | -- | -- |
| 04/01/2024 04/01/24 | For Rent | $850 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,425,000 | Key Title | |
| Warranty Deed | $1,000,000 | Hon & Kopet Title | |
| Quit Claim Deed | -- | National Title Insurance Age | |
| Warranty Deed | $680,000 | Century Title & Escrow Inc | |
| Quit Claim Deed | -- | Century Title & Escrow Inc | |
| Warranty Deed | $560,000 | Century Title & Escrow Inc |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $43,500 | Credit Line Revolving | |
| Open | $1,140,000 | New Conventional | |
| Previous Owner | $896,278 | New Conventional | |
| Previous Owner | $612,000 | Commercial | |
| Previous Owner | $74,994 | Commercial | |
| Previous Owner | $578,000 | Commercial | |
| Previous Owner | $544,000 | Commercial | |
| Previous Owner | $420,000 | Commercial |
Source: Greater Chattanooga REALTORS®
MLS Number: 1541265
APN: 077 075
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
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