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Listed price in listed location currency (USD).
$350,000

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MLS® 1513681

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1520 sqft
Garage No
Taxes $280
Days Active 192
Lot Size 0.17 acres
Approx. Age 2024
Avg. Price Per Sqft $230
MLS® Number 1513681

Property Address: 6321 Talladega Ave, Chattanooga, TN, 37421-2325

Average square foot calculated using Size range provided by listing agent.

Description

Investor Opportunity - Six-Home Rental Portfolio | $1, 990, 000 Turnkey rental portfolio of six single-family homes, fully leased and cash-flowing—offered as a package only. Five of the properties are brand-new construction featuring a popular 3 bed / 2.5 bath layout with the primary suite on the main level, covered front porch, and spacious rear deck. Luxury vinyl plank flooring throughout, granite countertops, galley kitchen with modern open shelving and stainless appliances. These homes are located at: 6215 Walden Ave - $2, 500/mo (Section 8) 6219 Walden Ave - $2, 500/mo (Section 8) 6325 Talladega Ave - $2, 500/mo (Section 8) 6401 Atlanta Ave - $2, 250/mo, secured with a two-year lease 6321 Talladega Ave - $2, 300/mo (Section 8) 6213 Walden Ave - $2, 775/mo corporate lease The sixth property, 6213 Walden Ave, is a fully remodeled gem leased for $2, 775/mo on a furnished corporate lease. Furniture to convey. Renovations include a new roof, new flooring, upgraded cabinetry, appliances, lighting, exterior paint, serviced HVAC, and added side deck for outdoor enjoyment. Total Gross Monthly Rent: $14, 825 Total Gross Yearly Rent: $177, 900 Insurance cost will depend on policyholder but current owner pays approximately $6k/yr. Seller's other expenses are property taxes and ONLY the corporate rental (6213 Walden Ave) includes lawn maintenance, 1 x per week cleaning at $75, and utilities. All five new construction units--the utilities and lawn maintenance are tenant's responsibility. Excellent Section 8 and corporate tenancy in place. All six homes are in strong rental corridors and have been professionally maintained. Owner will not divide package. A rare opportunity to own a stable, income-producing portfolio with minimal deferred maintenance and strong rental income. Properties will be shown once an accepted contract is in place. **Please do not disturb tenants**
MLS® Number1513681
Laundry LevelInside, Laundry Room
Central VacNo
FireplaceNo
Acreage0.17
Exterior
GarageNo
Approx. Age2024
Basement
DrivewayDriveway, Off Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

All appliances in kitchen including refrigerator.

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

May 28, 2025List Date
$350,000List Price

Home Appraisal

This property is estimated to sell between: $287,000 and $382,000.
Similar properties in this area sold on average for: $287,966
Expected to sell very soon! Similar properties sold in days. This home has been on eXp Realty for 192 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
6321 Talladega Ave, Chattanooga, TN

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