The Blue Oak Portfolio offers four fully occupied, income-producing rental homes in the desirable Blue Oak community. Each property is professionally managed, well-maintained, and provides consistent monthly cash flow, making this a strong, low-maintenance addition to any investment portfolio. Generating over $158,000 in annual income with an estimated 6.3% cap rate, this portfolio delivers immediate returns and long-term appreciation potential. It is ideal for investors or 1031 exchange buyers seeking reliable performance in a high-demand area.
All properties are tenant-occupied with proven rental history and stable management already in place. This is a true turnkey opportunity for anyone looking to acquire performing assets with minimal effort required. The portfolio is offered as a complete package for $1,675,000, but the seller is also willing to sell the homes separately. Contact the listing agent for financial details and additional information.
Sold for $400,000 on 11/21/25
Zestimate®
$400,000
Chattanooga, TN 37416
5beds
2,712sqft
Duplex
Built in 1998
-- sqft lot
$400,000 Zestimate®
$147/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 23, 2025 at 04:17pm
Listed by:
Calvin J Shropshire 423-381-6522,
EXP Realty,LLC
Bought with:
Rana K Clark, 356685
Keller Williams Realty
Source: Greater Chattanooga Realtors,MLS#: 1522136
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Washer/Dryer
Features
- Flooring: Laminate, Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,712
- Total interior livable area: 2,712 sqft
Property
Parking
- Parking features: Garage, Off Street
Features
- Exterior features: Other
- Fencing: None
- Has view: Yes
Lot
- Size: 1 Acres
- Features: Paved
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Shake,Shingle
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & neighborhood
Community
- Community features: Other
Location
- Region: Chattanooga
- Subdivision: James D Lee
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
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Estimated market value
$400,000