$275,000
$25K PRICE DROP

925 Magnolia St Rossville, GA 30741

Estimated payment $1,640/month

Total Views 219,879
-- Bed
-- Bath
3,592 Sq Ft
$77 Price per Sq Ft

Highlights

  • No HOA
  • Efficiency Studio
  • Window Unit Cooling System
  • Den
  • Formal Dining Room
  • Living Room

About This Home

Amazing investor or owner-occupant investment opportunity!! The property consists of two standalone apartments and a 2100 sq foot 3-bedroom, 2-bathroom home that is in much need of repair or possible tear down. The first unit is a spacious 2-bedroom, 1-bathroom apartment offering 960 sq. ft. of living space and boasts a strong rental potential of $1,000 per month. The second unit is a 1-bedroom, 1-bathroom apartment featuring 450 sq. ft. of living space with a rental potential of $700 per month. Whether you're a first-time investor or looking to expand your portfolio, this property is a must-see.

Listing Agent

Larry Hall

Crye-Leike, REALTORS License #427114 Listed on: 09/25/2024

Crye-Leike, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 1970

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 173x205

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Interior Spaces

  • 3,592 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Den
  • Efficiency Studio
  • Stove
  • Washer and Dryer Hookup

Schools

  • Cloud Springs Elementary School
  • Lakeview Middle School
  • Lakeview-Ft. Oglethorpe High School

Utilities

  • Window Unit Cooling System
  • Central Air

Community Details

  • No Home Owners Association
  • 3 Units
  • Morrison Hgts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0206 091

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,455

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.81
  • Lot Size: 173X205
  • Subdivision Name: Morrison Hgts
  • Directions: Continue on Battlefield Pkwy for 2.5 mi. Turn right onto Lafayette Rd (US-27) for 1.6 mi. Turn right onto Catoosa St. Go for 0.3 mi. Turn left onto Magnolia St. Go for 335 ft. end at 925 Magnolia St
  • Garage Yn: Yes
  • Living Area: 3592.0
  • New Construction: No
  • Year Built: 1970
  • Location Tax and Legal Parcel Number2: 0206 091
  • Location Tax and Legal Elementary School: Cloud Springs Elementary
  • Location Tax and Legal High School: Lakeview-Ft. Oglethorpe
  • Location Tax and Legal:Tax Annual Amount: 1454.79
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Lot Size Acres: 0.81
  • General Property Information Lot Size Square Feet2: 35283.6
  • General Property Information Lot Size Dimensions: 173X205
  • 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 Senior Community YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Location Tax and Legal Middle or Junior School: Lakeview Middle
  • Sewer:Public Sewer: Yes
  • Cooling:Window Unit(s): Yes
  • Cooling:Ceiling Fan(s): Yes
  • General Property Information Number Of Units Total2: 3.0
  • Unit 1 Furnished3: Unfurnished
  • Unit 1 Den3: No
  • Unit 1 Living Room3: Yes
  • Unit 1 Separate Dining: Yes
  • Unit 1 Microwave6: No
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Efficiency2: No
  • Unit 2 Furnished4: Unfurnished
  • Unit 2 Den4: No
  • Unit 2 Separate Dining2: No
  • Unit 2 Microwave7: No
  • Unit 3 Efficiency3: No
  • Unit 3 Furnished5: Unfurnished
  • Unit 3 Den5: Yes
  • Unit 3 Living Room5: Yes
  • Unit 3 Separate Dining3: Yes
  • Unit 3 Microwave8: No
  • Unit 3 Washer Dryer Hookups3: Yes
  • Special Features: None

Interior Features

  • Basement YN: No
  • Fireplace: No

Exterior Features

  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Driveway, Garage, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Asphalt: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Cloud Springs Elementary
  • High School: Lakeview-Ft. Oglethorpe
  • Middle Or Junior School: Lakeview Middle

Lot Info

  • Lot Size Sq Ft: 35283.6
  • Parcel #: 0206 091

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1454.79

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 $885 $73,555 $10,306 $63,249
2023 $1,656 $70,222 $10,306 $59,916
2022 $754 $57,564 $6,298 $51,266
2021 $668 $38,104 $6,298 $31,806
2020 $641 $31,793 $6,298 $25,495
2019 $416 $31,793 $6,298 $25,495
2018 $841 $31,793 $6,298 $25,495
2017 $715 $64,311 $6,298 $58,013
2016 $475 $64,421 $6,408 $58,013
2015 $403 $56,303 $6,432 $49,871
2014 $208 $56,303 $6,432 $49,871
2013 -- $62,307 $6,432 $55,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $275,000 -6.8% $77 / Sq Ft
06/04/2025 06/04/25 Price Changed $295,000 +3.5% $82 / Sq Ft
06/03/2025 06/03/25 Price Changed $285,000 -5.0% $79 / Sq Ft
09/25/2024 09/25/24 For Sale $300,000 -- $84 / Sq Ft
Source: Greater Chattanooga REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Deed $30,000 --
Deed -- --
Deed -- --
Source: Public Records

About the Listing Agent

Larry Hall

Crye-Leike, REALTORS

(706) 810-5224

Section Image

As a dedicated real estate agent with three years of experience, I have a passion for helping home buyers find their perfect property. My journey in real estate began with a commitment to understanding the needs of my clients, ensuring that each transaction is smooth and tailored to their unique circumstances. I pride myself on providing exceptional service and building lasting relationships within the community.

In addition to my real estate career, I am also a local high school

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Source: Greater Chattanooga REALTORS®

MLS Number: 1500645

Greater Chattanooga REALTORS®

APN: 0206-091