Estimated payment $4,341/month
Highlights
- The property is located in a historic district
- Victorian Architecture
- No HOA
- Wood Flooring
- 2 Fireplaces
- Efficiency Studio
About This Home
Step into living history at 309 Barnhardt Circle, a rare opportunity to own a piece of Fort Oglethorpe's military past. Built in 1915 as the original Band Barracks, this remarkable property once housed 28 members of the post's military band and was electrified in 1920, a modern marvel for its time. The iconic center fields of Barnhardt Circle were historically used for cavalry training and even hosted polo matches, making this location not just historic, but legendary. Today, the property operates as a fully occupied 7-unit multi-family investment featuring:
• 4 spacious one-bedroom apartments
• 3 charming studio residences
• Gross annual rents exceeding $87,500
• Zoned R-3 Residential Positioned steps from the 9,000+ acre Chickamauga Battlefield, this location offers unmatched walkability in one of the area's most sought-after historic districts. Residents enjoy proximity to shopping and dining in Fort Oglethorpe, with convenient access to Rossville and Chickamauga. Investment Highlights:
• All units currently occupied with strong tenant demand
• Stable cash flow with upside potential
• Opportunity to increase rents by adding in-unit washer/dryers (currently located in basement)
• Large attic and basement offering additional build-out potential
• Ample rear and off-street parking
• Covered front porch overlooking the historic ballfields This property blends stable income with irreplaceable historic character, an ideal acquisition for a seasoned investor or a turnkey 1031 exchange opportunity. Properties with this level of provenance rarely become available. Own a piece of military history while securing reliable returns in one of North Georgia's most distinctive historic corridor
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,096
Year Built
- Built in 1915 | Remodeled
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 118x148
- Level Lot
Parking
- Paved Parking
Home Design
- Victorian Architecture
- Stone Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- 2 Fireplaces
- Living Room
- Efficiency Studio
- Wood Flooring
- Unfinished Basement
- Laundry in Basement
- Washer and Dryer
Kitchen
- Eat-In Kitchen
- Oven
- Electric Range
- Stove
- Microwave
Attic
- Attic Fan
- Unfinished Attic
Schools
- Battlefield Elementary School
- Lakeview Middle School
- Lakeview-Ft. Oglethorpe High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Cable TV Available
Additional Features
- Front Porch
- The property is located in a historic district
Listing and Financial Details
- Assessor Parcel Number 0003i-001
Community Details
Overview
- No Home Owners Association
- 7 Units
- A P Green Ests Subdivision
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
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 | $3,843 | $171,087 | $12,000 | $159,087 |
| 2024 | $4,390 | $166,880 | $13,944 | $152,936 |
| 2023 | $3,491 | $124,278 | $13,944 | $110,334 |
| 2022 | $2,684 | $95,551 | $13,944 | $81,607 |
| 2021 | $2,544 | $95,551 | $13,944 | $81,607 |
| 2020 | $2,437 | $82,551 | $13,944 | $68,607 |
| 2019 | $2,463 | $82,551 | $13,944 | $68,607 |
| 2018 | $2,587 | $82,551 | $13,944 | $68,607 |
| 2017 | $2,552 | $81,432 | $13,944 | $67,488 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/23/2026 02/23/26 | For Sale | $795,000 | +67.4% | $159 / Sq Ft | |
| 03/22/2022 03/22/22 | Sold | $475,000 | 0.0% | $117 / Sq Ft | View Prior Sale |
| 03/18/2022 03/18/22 | Pending | -- | -- | -- | |
| 03/15/2022 03/15/22 | For Sale | $475,000 | +155.4% | $117 / Sq Ft | |
| 02/06/2015 02/06/15 | Sold | $186,000 | -2.1% | $46 / Sq Ft | View Prior Sale |
| 12/17/2014 12/17/14 | Pending | -- | -- | -- | |
| 12/15/2014 12/15/14 | For Sale | $189,900 | -- | $47 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $475,000 | -- | |
| Warranty Deed | $186,000 | -- | |
| Deed | $186,000 | -- | |
| Warranty Deed | $190,000 | -- | |
| Warranty Deed | $180,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $389,500 | New Conventional |
Source: Greater Chattanooga REALTORS®
MLS Number: 1529108
APN: 0003I-001
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