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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.
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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This site was last updated on 5/7/25 8:58 AM PDT
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