This 16-unit rental portfolio (12 single family and 2 duplexes) offers a prime investment opportunity in the rapidly growing Chattanooga market. The portfolio includes a mix of properties, including two duplexes, all within a 10-mile radius and just 20 minutes from downtown Chattanooga. All units feature new siding, roofs, flooring, lighting, interior paint, and appliances. The properties are 100% occupied, some are Section 8 and others with potential to flip to Section 8 if desired, providing stable and reliable rental income. Located in areas experiencing strong appreciation, these properties are poised for future value growth. This portfolio is perfect for investors looking for a turnkey operation with strong cash flow and long-term appreciation potential. Occupancy status subject to change.
Property Details
Property Features
Property Information:
Year Built: 1960
Living Area: 14,869 SqFt
Listing Office:
Office Name: Compass RE
Office Phone: (615) 487-2100
Listing Agent: Jamie Brandenburg
Interior Features
Interior Information:
Flooring Type: Finished Wood, Laminate, Tile
Exterior Features
Exterior Information:
Private Pool: No
View: City
Parking Information:
Attached Garage: No
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Chattanooga School for The Arts and Science Upper School, Public District Grades 6-12
The Howard School, Public District Grades 9-12
Hamilton County Middle College High School At Chattanooga S, Public District Grades 10-12
Orchard Knob Middle School, Public District Grades 6-8
Orchard Knob Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: This is a portfolio listing. There are multiple addresses.
Price Information
Listing Price Info
Price Summary:
List Price: $2,995,000
Price Per SqFt: $201/SqFt
Tax Information:
Annual Amount: $1,842
Tax Year: 2020
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Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Chattanooga, TN.
This property is $2.6M more than the Median Sold Price and $2/SqFt more than other homes in Chattanooga, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: REALTRAC
MLS Number: #2694476
Listing Office:
Office Name: Compass RE
Office Phone: (615) 487-2100
Listing Agent: Jamie Brandenburg
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 9/22/2024, 1:18:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 06, 2021
Jan 06, 2021Home Sold
$183,000
Apr 21, 2017
Apr 21, 2017Home Sold
$85,000
Dec 11, 2006
Dec 11, 2006Home Sold
$86,500
Jan 30, 2004
Jan 30, 2004Home Sold
$70,000
Jan 30, 2003
Jan 30, 2003Home Sold
$55,000
Oct 25, 2001
Oct 25, 2001Home Sold
$40,000
Mar 26, 1999
Mar 26, 1999Home Sold
$28,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,842
$33,520
2019
$926
$33,520
2017
$927
$33,520
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
2
/10
Orchard Knob Elementary School
400 N Orchard Knob Ave
Distance between this listing and this school0.74 miles
Public District Grades PK-5
Middle School
4
/10
Orchard Knob Middle School
500 N Highland Park Ave
Distance between this listing and this school0.67 miles
Public District Grades 6-8
High School
7
/10
Chattanooga School for The Arts and Science Upper School
865 E 3rd St
Distance between this listing and this school1.34 miles
Public District Grades 6-12
2
/10
The Howard School
2500 S Market St
Distance between this listing and this school1.82 miles
Public District Grades 9-12
9
/10
Hamilton County Middle College High School At Chattanooga S
4501 Amnicola Hwy
Distance between this listing and this school5.09 miles
Public District Grades 10-12
Assigned Schools
2
/10
Orchard Knob Elementary School
400 N Orchard Knob Ave
Distance between this listing and this school0.74 miles
Public District Grades PK-5
Nearby Schools
4
/10
East Side Elementary School
1603 S Lyerly St
Distance between this listing and this school0.85 miles
Public District Grades KG-5
3
/10
Tommie F. Brown International Academy
718 E 8th St
Distance between this listing and this school1.25 miles
Public Magnet Grades PK-5
Assigned Schools
4
/10
Orchard Knob Middle School
500 N Highland Park Ave
Distance between this listing and this school0.67 miles
Public District Grades 6-8
Nearby Schools
3
/10
East Lake Academy of Fine Arts
2700 E 34th St
Distance between this listing and this school2.34 miles
Public Magnet Grades 6-8
6
/10
Normal Park Museum Magnet School
1219 W Mississippi Ave
Distance between this listing and this school3.13 miles
Public Magnet Grades PK-8
Assigned Schools
7
/10
Chattanooga School for The Arts and Science Upper School
865 E 3rd St
Distance between this listing and this school1.34 miles
Public District Grades 6-12
2
/10
The Howard School
2500 S Market St
Distance between this listing and this school1.82 miles
Public District Grades 9-12
9
/10
Hamilton County Middle College High School At Chattanooga S
4501 Amnicola Hwy
Distance between this listing and this school5.09 miles
The neighbors living near this home have an average income of $20,000. The majority of Chattanooga, TN residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 520 S Holly St
What is the listing price of this property?
The listing price of 520 S Holly St property is $2,995,000.
What type of property is this?
The property 520 S Holly St is a house located in Chattanooga, Tennessee, 37404.
Is this property for sale now?
Active Listing: 520 S Holly St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 520 S Holly St are: Orchard Knob Elementary School: GreatSchools Rating 2/10Orchard Knob Middle School: GreatSchools Rating 4/10Chattanooga School for The Arts and Science Upper School: GreatSchools Rating 7/10The Howard School: GreatSchools Rating 2/10Hamilton County Middle College High School At Chattanooga S: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,842 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 6, 2021 for $183,000. (source: MLS/tax record).
What is the square footage of this property?
The property 520 S Holly St is 14,869 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 520 S Holly St is 1960.
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This home is located at 520 S Holly St in Chattanooga, TN and zip code 37404 in the Highland Park neighborhood. This 14,869 square foot home was built in 1960. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $2,995,000.
Over 63 listings were sold over their listed price in August 2024 in Chattanooga, TN. In the same period over 142 listings were sold below the listed price and 98 listings were sold for the listed price. In August 2024 in Chattanooga, TN there were 10.2% more homes for sale than in July 2024. In August 2024 median list price was $325,088 and the average listing age was 42 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
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