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Sold for $400,000 on 11/21/25
  • $400,000

     Chattanooga, TN 37416

    5beds
    2,712sqft
    Duplex
    Built in 1998
    -- sqft lot
    $400,000 Zestimate®
    $147/sqft
    $-- Estimated rent

    Owner options

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    What's special

    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.

    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