Turn-Key Investment – 2 Bed / 2 Bath Condo | Tenant in Place Until Oct 2026
?? Immediate Income – $1,950 Monthly Rent | No Vacancy Risk
Investors, don’t miss this turn-key condo in the highly desirable Villas at Shallowford. With a reliable tenant under lease until October 2026, this property delivers steady cash flow from day one.
Property Highlights
Long-Term Lease in Place – $1,950/month rental income
Spacious 1,756 sq. ft. open-concept layout with abundant natural light
Modern Upgrades: Granite countertops and brand new stainless steel appliances
Low-Maintenance Hardwood Flooring throughout
Brand New HVAC system for worry-free comfort
Two large bedrooms with ample closet space
Two full bathrooms
Community & Location Perks
Quiet, well-maintained neighborhood
HOA covers exterior maintenance – hassle-free ownership
Easy access to shopping, dining, and I75/I24
Investment Details
Asking Price: $299,000
HOA Fee: $275/month
Tenant Lease Through: October 2026
Current Monthly Rent: $1,950
? Ideal for investors seeking a stress-free, income-producing condo with strong ROI potential.
For sale by owner
$299,000
5204 Regency Ct, Chattanooga, TN 37421
2beds
2baths
1,756sqft
Est.:
SingleFamily
Built in 2005
1 Acres Lot
$279,800 Zestimate®
$170/sqft
$275/mo HOA
What's special
Modern upgradesLow-maintenance hardwood flooringBrand new hvac systemTwo large bedroomsAbundant natural lightAmple closet spaceGranite countertops
What the owner loves about this home
Quiet, well-maintained neighborhood
HOA covers exterior maintenance – hassle-free ownership
Easy access to shopping, dining, and I75/I24
- 1 day
- on Zillow |
- 136 |
- 7 |
Listed by:
(423) 902-0107
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced air, Electric
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
- Basement: None
Interior area
- Total interior livable area: 1,756 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
Features
- Exterior features: Brick
Lot
- Size: 1 Acres
Details
- Parcel number: 149JA003C507
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2005
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $275 monthly
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $183,300
- Date on market: 8/15/2025
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