Skip main navigation
For sale by owner
  • $549,900

    1212 Shaver Loop Rd, Dayton, TN 37321

    6beds
    4,600sqft
    : 
    $3,399/mo
    Get pre-qualified
    MultiFamily
    Built in 1968
    -- sqft lot
    $-- Zestimate®
    $120/sqft
    $-- HOA

    What's special

    Updated flooringLakefront on lake chickamaugaUpgraded decksGranite countertopsUpdated cabinets
    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.
    What the owner loves about this home
    LAKE FRONT
    11 days
    502
    35
    Listed by:

    Property Owner (860) 940-5253

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      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

        DateEventPrice
        9/1/2026Listed for sale$549,900-8.2%$120/sqft
        Source: Owner Report a problem
        10/1/2025Listing removed$599,000$130/sqft
        Source: East Tennessee Realtors #1289317 Report a problem
        7/2/2025Price change$599,000-11.3%$130/sqft
        Source: East Tennessee Realtors #1289317 Report a problem
        6/12/2025Listed for sale$675,000$147/sqft
        Source: East Tennessee Realtors #1289317 Report a problem
        6/1/2025Listing removed$675,000$147/sqft
        Source: East Tennessee Realtors #1289317 Report a problem
        4/24/2025Price change$675,000-3.6%$147/sqft
        Source: East Tennessee Realtors #1289317 Report a problem
        3/20/2025Price change$699,900-2.8%$152/sqft
        Source: East Tennessee Realtors #1289317 Report a problem
        2/7/2025Listed for sale$720,000+278.9%$157/sqft
        Source: East Tennessee Realtors #1289317 Report a problem
        4/29/2022Sold$190,000-9.5%$41/sqft
        Source: Greater Chattanooga Realtors #1351337 Report a problem
        3/22/2022Contingent$210,000$46/sqft
        Source: Greater Chattanooga Realtors #1351337 Report a problem
        3/11/2022Listed for sale$210,000+117.9%$46/sqft
        Source: Greater Chattanooga Realtors #1351337 Report a problem
        2/7/2007Sold$96,384$21/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37321

        Getting around

        0 / 100
        Car-Dependent
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts