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For sale
  • $350,000

    6401 Atlanta Ave, Chattanooga, TN 37421

    3beds
    1,520sqft
    : 
    Single Family Residence
    Built in 2024
    7,840.8 Square Feet Lot
    $344,300 Zestimate®
    $230/sqft
    $-- HOA

    What's special

    Modern open shelvingFully remodeled gemCovered front porchNew roofExterior paintServiced hvacGalley kitchen
    Investor Opportunity - Six-Home Rental Portfolio | $1,990,000 Turnkey rental portfolio of six single-family homes, fully leased and cash-flowing—offered as a package only. Five of the properties are brand-new construction featuring a popular 3 bed / 2.5 bath layout with the primary suite on the main level, covered front porch, and spacious rear deck. Luxury vinyl plank flooring throughout, granite countertops, galley kitchen with modern open shelving and stainless appliances. These homes are located at: 6215 Walden Ave - $2,500/mo (Section 8) 6219 Walden Ave - $2,500/mo (Section 8) 6325 Talladega Ave - $2,500/mo (Section 8) 6401 Atlanta Ave - $2,250/mo, secured with a two-year lease 6321 Talladega Ave - $2,300/mo (Section 8) 6213 Walden Ave - $2,775/mo corporate lease The sixth property, 6213 Walden Ave, is a fully remodeled gem leased for $2,775/mo on a furnished corporate lease. Furniture to convey. Renovations include a new roof, new flooring, upgraded cabinetry, appliances, lighting, exterior paint, serviced HVAC, and added side deck for outdoor enjoyment. Total Gross Monthly Rent: $14,825 Total Gross Yearly Rent: $177,900 Insurance cost will depend on policyholder but current owner pays approximately $6k/yr. Seller's other expenses are property taxes and ONLY the corporate rental (6213 Walden Ave) includes lawn maintenance, 1 x per week cleaning at $75, and utilities. All five new construction units--the utilities and lawn maintenance are tenant's responsibility. Excellent Section 8 and corporate tenancy in place. All six homes are in strong rental corridors and have been professionally maintained. Owner will not divide package. A rare opportunity to own a stable, income-producing portfolio with minimal deferred maintenance and strong rental income. Properties will be shown once an accepted contract is in place. **Please do not disturb tenants**
    68 days
    on Zillow
    |
    95
    |
    3
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    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 09:22am

    Listed by:

    Christa French 423-693-9225,

    Real Estate Partners Chattanooga LLC 423-362-8333

    Source: Greater Chattanooga Realtors,MLS#: 1513684
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 6401 Atlanta Ave.

    Next available tour time:Today at 3pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Water Heater, Stainless Steel Appliance(s), Refrigerator, Range Hood, Free-Standing Refrigerator, Free-Standing Electric Range
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Double Vanity, En Suite, Primary Downstairs, Stone Counters, Tub/shower Combo, Walk-In Closet(s)
    • Flooring: Luxury Vinyl
    • Windows: Insulated Windows
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,520
    • Total interior livable area: 1,520 sqft
    • Finished area above ground: 1,520

    Property

    Parking
    • Parking features: Driveway, Off Street
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Porch - Covered
    • Exterior features: Rain Gutters
    Lot
    • Size: 7,840.8 Square Feet
    • Dimensions: 56 x 140
    • Features: Level
    Details
    • Additional parcels included: This is being sold as a package of 6 homes, owner will not divide
    • Parcel number: 148g P 018

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Block
    • Roof: Asphalt,Shingle
    Condition
    • New construction: No
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Washington Park
    HOA
    • Has HOA: No
    Location
    • Region: Chattanooga

    Financial & listing details

    • Price per square foot: $230/sqft
    • Tax assessed value: $25,000
    • Annual tax amount: $280
    • Date on market: 5/28/2025
    • Listing terms: Cash,Conventional
    • Inclusions: All appliances in kitchen including refrigerator.
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