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Property profile & analytics
OFF-MARKET
Residential income homes

1914 Chamberlain Ave Chattanooga, TN 37406

1,211 SF 0.15 ac lot Built 2024
Property ID
US80-0629861
Property summary
AI-generated overview

This exceptional investment opportunity presents three brand-new, single-family homes in Chattanooga, Tennessee, built in 2024. Located on N Chamberlain Ave, these homes offer a compelling package for investors seeking to expand their rental portfolio or execute a 1031 exchange. Each home boasts approximately 1,200+ square feet of living space, featuring four bedrooms and two full bathrooms. The open floor plans include cathedral ceilings, solid LVP flooring, and modern kitchens with stainless steel appliances and granite countertops. Additional features include covered porches and decks, ample storage, Hardie board siding, and off-street parking. The properties are conveniently located near Amnicola Highway and downtown Chattanooga, offering easy access to major roadways and amenities. Utilities include EPB power and internet, TN American Water, and sewer. Each home comes with a one-year builder warranty. The asking price for all three homes is $815,000, with options to purchase one ($275,000) or two ($545,000) individually, subject to availability. Lot sizes range from 0.15 to 0.45 acres, and each home includes two parking spaces. One property is still under construction, with an estimated completion date of mid-November 2024. This is a rare chance to acquire a turnkey rental portfolio of high-quality, newly constructed homes in a desirable Chattanooga location.

Property profile
Verified
Property type Residential income homes
Year built 2024
Total area 1,211 SF
Lot 0.15 ac (6,534 SF)
UPID US80-0629861
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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