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PROVEN INCOME PROPERTY. Enjoy steady income with this solid workforce housing in the heart of Chattanooga's Brainerd neighborhood. Total income is $1,650 per month which yielded a 6.2% cap rate in 2024. The Brainerd area is desirable for its central location and proximity to highways, UTC, employment, shopping, public transportation, and downtown Chattanooga. Seller has several additional income properties for sale in Chattanooga and is open to negotiating a package deal. NOTE RE ACCESS: Since this is an occupied rental property access for walk-thru can only be granted upon acceptance of an offer or strong LOI.
Property Type(s):
Multi Family
| Last Updated | 4/30/2025 | Tract | Brainerd |
|---|---|---|---|
| Year Built | 1960 | Community | Chattanooga |
| County | Hamilton |
SCHOOLS
| Elementary School | Woodmore Elementary |
|---|---|
| Jr. High School | Dalewood Middle |
| High School | Brainerd High |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Range, Refrigerator |
| AREA | Chattanooga |
| EXTERIOR | None |
| HEAT | Central |
| LOT | 8712 sq ft |
| LOT DIMENSIONS | 65.5X135 |
| PARKING | Off Street |
| SEWER | Public Sewer |
| SUBDIVISION | Brainerd |
| TAXES | 1809.28 |
| WATER | Public |
Location
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Listing Courtesy of Rock Point Real Estate
IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the MLS.
Keller Williams Realty does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded.
This site was last updated on 5/6/25 5:30 PM PDT
Copyright© 2002 by Chattanooga Association of REALTORS®
This IDX solution is (c) Diverse Solutions 2025.
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