Income-Producing 9-Unit Investment Opportunity. All units are separately metered.
Located directly across from Meigs County High School, this well-positioned multi-family property is a valuable addition to any portfolio. With nearly all units currently occupied and under professional management, this opportunity offers immediate cash flow and long-term potential.
Don't miss your chance to invest in a high-demand area—contact your favorite REALTOR® today to schedule a private showing and take the next step in growing your investment portfolio.
All information is deemed reliable but not guaranteed. Buyers are advised to independently verify all details.
For sale
$1,150,000
204 Arrants Ave, Decatur, TN 37322
38beds
8,064sqft
Est.:
Multi Family
Built in 1996
-- sqft lot
$1,046,100 Zestimate®
$143/sqft
$-- HOA
What's special
- 231 days |
- 212 |
- 14 |
Zillow last checked: 8 hours ago
Listing updated: August 14, 2025 at 10:47am
Listed by:
Wade Peterson 423-883-6454,
Rogue Real Estate Company llc 423-715-0075
Source: Greater Chattanooga Realtors,MLS#: 1513700
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 38
- Bathrooms: 18
- Full bathrooms: 5
- 1/2 bathrooms: 5
Cooling
- Central Air, Electric
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 8,064
- Total interior livable area: 8,064 sqft
Property
Parking
- Parking features: Concrete, Off Street
Features
- Patio & porch: Rear Porch
Lot
- Size: 0.96 Acres
Details
- Parcel number: 042f A 006.02
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Decatur
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $481,400
- Annual tax amount: $3,915
- Date on market: 5/28/2025
- Listing terms: Cash,Conventional
Estimated market value
$1,046,100
$994,000 - $1.10M
$1,089/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2025 | Price change | $1,150,000-4.2%$143/sqft |
Source: Greater Chattanooga Realtors #1513700 Report a problem | ||
| 5/28/2025 | Listed for sale | $1,200,000$149/sqft |
Source: Greater Chattanooga Realtors #1513700 Report a problem | ||
| 12/10/2024 | Listing removed | $1,200,000$149/sqft |
Source:  East Tennessee Realtors #1261352 Report a problem | ||
| 5/1/2024 | Listed for sale | $1,200,000+118.2%$149/sqft |
Source:  RCAR #20241814 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,916 +2.5% | $192,560 |
| 2023 | $3,819 | $192,560 |
| 2022 | $3,819 | $192,560 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,399/mo
Principal & interest
$5622
Home insurance
$403
Property taxes
$374
Climate risks
Neighborhood: 37322
Nearby schools
GreatSchools rating
- 4/10Meigs North Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 6/10Meigs Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Meigs County High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Meigs North Elementary
- Middle: Meigs County Middle
- High: Meigs County High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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