LAKEFRONT QUADPLEX ON LAKE CHICKAMAUGA 11%+ CAP RATE | $62,000 NOI | STR INVESTMENT OPPORTUNITY
1212 Shaver Loop Rd, Dayton, TN
$549,900
A rare lakefront investment opportunity!
Welcome to 1212 Shaver Loop Rd, a unique lakefront quadplex on beautiful Lake Chickamauga currently operating as a successful Short-Term Rental (STR).
This property offers the perfect combination of lakefront lifestyle and income-producing potential, with four rental units providing multiple revenue streams under one roof.
INVESTOR HIGHLIGHTS
• $549,900 Asking Price
• $62,000 Current NOI
• Approximately 11.3% Cap Rate
• 4 Rental Units
• Currently operating as a Short-Term Rental
• Lakefront on Lake Chickamauga
• Strong ROI potential
• Multiple income streams
EXTENSIVE UPDATES
Updated flooring
Upgraded decks
Updated electrical panels
Granite countertops
Updated cabinets
Numerous additional improvements throughout
And the list goes on!
Whether you're an experienced STR investor, looking to expand your rental portfolio, or simply want to own a unique lakefront property with income-producing potential, 1212 Shaver Loop Rd is an opportunity you won't want to miss.
LAKEFRONT + 4 UNITS + STR + 11%+ CAP RATE
Offered at $549,900
Financial performance and SQ Footage is based on current operating results and should be independently.verified by prospective buyers.
For sale by owner
$549,900
1212 Shaver Loop Rd, Dayton, TN 37321
6beds
4,600sqft
MultiFamily
Built in 1968
-- sqft lot
$-- Zestimate®
$120/sqft
$-- HOA
What's special
Updated flooringLakefront on lake chickamaugaUpgraded decksGranite countertopsUpdated cabinets
What the owner loves about this home
LAKE FRONT
- 11 days
- 502
- 35
Listed by:
Property Owner (860) 940-5253
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Other, Electric
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Range / Oven, Refrigerator
Features
- Flooring: Laminate
- Basement: None
- Has fireplace: Yes
Interior area
- Total interior livable area: 4,600 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Wood
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.31 Acres
Details
- Parcel number: 09705000000
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Footing
- Roof: Metal
Condition
- New construction: No
- Year built: 1968
Community & HOA
Location
- Region: Dayton
Financial & listing details
- Price per square foot: $120/sqft
- Tax assessed value: $335,200
- Annual tax amount: $1,808
- Date on market: 9/1/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $549,900-8.2%$120/sqft |
Source: Owner Report a problem | ||
| 10/1/2025 | Listing removed | $599,000$130/sqft |
Source: | ||
| 7/2/2025 | Price change | $599,000-11.3%$130/sqft |
Source: | ||
| 6/12/2025 | Listed for sale | $675,000$147/sqft |
Source: | ||
| 6/1/2025 | Listing removed | $675,000$147/sqft |
Source: | ||
| 4/24/2025 | Price change | $675,000-3.6%$147/sqft |
Source: | ||
| 3/20/2025 | Price change | $699,900-2.8%$152/sqft |
Source: | ||
| 2/7/2025 | Listed for sale | $720,000+278.9%$157/sqft |
Source: | ||
| 4/29/2022 | Sold | $190,000-9.5%$41/sqft |
Source: Greater Chattanooga Realtors #1351337 Report a problem | ||
| 3/22/2022 | Contingent | $210,000$46/sqft |
Source: Greater Chattanooga Realtors #1351337 Report a problem | ||
| 3/11/2022 | Listed for sale | $210,000+117.9%$46/sqft |
Source: Greater Chattanooga Realtors #1351337 Report a problem | ||
| 2/7/2007 | Sold | $96,384$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,808 | $134,080 |
| 2024 | $1,808 +36% | $134,080 +127.4% |
| 2023 | $1,329 | $58,960 |
| 2022 | $1,329 | $58,960 |
| 2021 | $1,329 | $58,960 |
| 2020 | $1,329 +4.3% | $58,960 +4.3% |
| 2019 | $1,274 +28.9% | $56,520 +25.6% |
| 2018 | $988 +0% | $45,000 |
| 2017 | $988 | $45,000 |
| 2016 | $988 | $45,000 |
| 2015 | $988 +4.8% | $45,000 -0.3% |
| 2014 | $943 -0.3% | $45,120 |
| 2013 | $946 +26.7% | $45,120 +5.7% |
| 2011 | $747 | $42,680 |
| 2010 | $747 | $42,680 |
| 2009 | -- | $42,680 |
| 2008 | -- | $42,680 +6.5% |
| 2007 | $802 | $40,080 |
| 2006 | $802 | $40,080 |
| 2005 | $802 -4.8% | $40,080 |
| 2004 | $842 +10.6% | $40,080 +10.6% |
| 2003 | $761 | $36,240 0% |
| 2001 | -- | $36,243 -60% |
| 2000 | -- | $90,608 |
Find assessor info on the county website
Monthly payment
Est. payment







