Single Family & Duplex Rental Portfolio | East Ridge — Sale in Chattanooga, TN
- Price: $950K
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Chattanooga, TN 37412
- Size: 5 SF
Photos
Investment Figures
- Price per unit
- $135,714 across 7 units
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Investment Portfolio for Sale | 5 Properties | Chattanooga, TN Offered at $950,000 | Fully Occupied This is a rare opportunity to acquire a fully leased rental portfolio consisting of 3 single-family rental homes and 1 duplex in Chattanooga, TN. One of the properties is currently utilized as a business, offering a mix of residential and commercial income. All properties are fully occupied , each with individual driveways, ample parking, and fenced-in & flat backyards. All leases are month-to-month and tenants have been there for multiple years. Rent is below market value. Leases and showings are available upon submission of an LOI. Property Highlights 1501 Fruitland (Duplex | 1,792 SF | Built 1975) Current rents: $750 & $550/month Two bedrooms & one bathroom per unit (upstairs) Each side includes laundry room, screened- in porch, ceiling fans Fenced yard | 55x242’ lot Unit B - covered carport 1503 Fruitland (Single-Family | 960 SF | Built 1970) 2 bedrooms | 1 bath | laundry room | wood floors Wheelchair ramp | fenced yard | outdoor storage (6x5’) Sits on 0.18 acres Covered back porch and carport 1505 Fruitland (Single-Family | 1,095 SF | Built 1940) Long-term tenant (20+ years) | $750/month rent 2 bedrooms | 1 bath | laundry room | wood floors Fenced yard | 0.18 acres Covered carport and screened- in porch 1507 Fruitland (Single-Family | 1,019 SF | Built 1970) 2 bedrooms | 1 bath | fireplace | porch Detached garage | large fenced backyard | Exterior Shed $800/month rent 1505 Maxwell Rd (Commercial | 1,188 SF | Built 1950) 6 offices, kitchen, 1 bathroom, attached garage $750/month rent Currently being used as a commercial office Portfolio Features ✅ Fully Occupied – Immediate Income ✅ Residential & Commercial Mix ✅ Individual Driveways + Ample Parking ✅ All Properties Have Fenced Backyards ✅ Total Offering: $950,000 This portfolio presents a strong turnkey investment opportunity in Chattanooga’s growing rental market. Building SF: 5 | Listing Type: FOR SALE
Market Context
This multifamily in Chattanooga, TN is listed for sale at $950,000 across 5 SF. Compare it against other multifamily listings for sale in Chattanooga, TN — view the full market.
Contact
- Robert Fisher — The Robert Fisher Team · +14236678634 · robert@rkfisher.com
- Robert Fisher · +14236678634 · robert@rkfisher.com
Explore this market
Similar Multifamily Property for Sale in Chattanooga, TN
- ±0.5 ACRE | 4-PARCEL DEVELOPMENT OPPORTUNITY | TRN-3 ZONING — $215K · Chattanooga, TN
- 4.07 ACRES | TRN-3 ZONING | CHATTANOOGA & LOOKOUT MOUNTAIN VIEWS — $200K · Chattanooga, TN
- Land For Sale Near S Broad Development in Chattanooga | Opportunity Zone — $850K · Chattanooga, TN
- Windgate Apartments — Contact for price · Chattanooga, TN