$400,000
$1,675,000
76.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
7 Baths
2,712 SqFt
SOLD DATE : 11/21/2025
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,712 sqft
Price per Sqft $147
Subdivision James D Lee
MLS Listing ID 1522136
Sold Date 11/21/25
Style Contemporary
Bedrooms 5
Year Built 1998
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Duplex
Source Greater Chattanooga REALTORS®
Property Description
The Blue Oak Portfolio offers four fully occupied, income-producing rental homes in the desirable Blue Oak community. Each property is professionally managed, well-maintained, and provides consistent monthly cash flow, making this a strong, low-maintenance addition to any investment portfolio. Generating over $158,000 in annual income with an estimated 6.3% cap rate, this portfolio delivers immediate returns and long-term appreciation potential. It is ideal for investors or 1031 exchange buyers seeking reliable performance in a high-demand area.
All properties are tenant-occupied with proven rental history and stable management already in place. This is a true turnkey opportunity for anyone looking to acquire performing assets with minimal effort required. The portfolio is offered as a complete package for $1,675,000, but the seller is also willing to sell the homes separately. Contact the listing agent for financial details and additional information.
Location
State TN
County Hamilton
Area 1.0
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Vinyl
Fireplace No
Appliance Washer/Dryer
Heat Source Central
Exterior
Exterior Feature Other
Parking Features Garage, Off Street
Garage Description Garage, Off Street
Community Features Other
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Roof Type Shake,Shingle
Garage No
Building
Lot Description Paved
Faces From Highway 58, turn onto Champion Road. Continue straight, then turn left onto Blue Oak Drive. The home will be on your right
Foundation Slab
Sewer Septic Tank
Water Public
Architectural Style Contemporary
Structure Type Vinyl Siding
Schools
Elementary Schools Harrison Elementary
Middle Schools Brown Middle
High Schools Central High School
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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