Bought with Rana K. Clark
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54175413 Blue Oak Dr Chattanooga, TN 37416
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Key Details
Sold Price $400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,712 sqft
Price per Sqft $147
Subdivision James D Lee
MLS Listing ID 3050001
Sold Date 11/21/25
HOA Y/N No
Year Built 1998
Annual Tax Amount $1,625
Lot Dimensions 180.0X178.31
Property Description
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.
Location
State TN
County Hamilton County
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Vinyl
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Roof Type Other
Private Pool false
Building
Sewer Septic Tank
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
Elementary Schools Harrison Elementary School
Middle Schools Brown Middle School
High Schools Central High School
Others
Senior Community false
Special Listing Condition Standard
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