Chattanooga, TN 37416

$400,000
5
BD
7
BA
2,712
SqFt

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Sold Price
$400,000
List Price
$1,675,000
Closing Date
Nov 21, 2025
MLS#
1522136
Bedrooms
5
Sq. Ft
2,712
Acres
1
Year Built
1998
Subdivision
James D Lee

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.

Additional Information

Style
Contemporary
Exterior
Vinyl Siding
Roof
Shingle, Shake
Floors
Laminate, Vinyl
Foundation
Slab
Appliances
Washer/Dryer
Exterior Features
Other
Community Features
Other
Lot Description
Paved
Cooling
Central Air
Heating
Central
Elementary School
Harrison Elementary
Middle School
Brown Middle
High School
Central High School
Financing Available
Cash, Conventional, FHA, VA Loan

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Listing courtesy of EXP Realty,LLC. Selling Office: .