1001 Oak St - Apartments FOR SALE


Chattanooga, TN 37403- Arts District
$690,000 USD
423-432-2100
1001 Oak St, Chattanooga, TN for Sale
$690,000 USD
Apartments - FOR SALE
1/43
null | Request Cap Rate

1001 Oak St
Chattanooga, TN 37403
Arts District


OVERVIEW

Welcome to 1001 Oak Street: Prime Downtown Chattanooga Triplex - Fully Remodeled & Income Producing. Situated in the historic Fort Wood community, this beautifully remodeled triplex offers the perfect combination of modern convenience and timeless charm. With all units recently updated and fully occupied, this property is an outstanding investment opportunity in the heart of downtown Chattanooga. Property Highlights: Meticulous Renovation: Each unit has been thoughtfully remodeled to blend contemporary style with historic character. Modern Kitchens: Outfitted with brand-new appliances—refrigerator, stove, and microwave—designed for today's lifestyle. In-Unit Laundry: Every residence includes its own washer and dryer for maximum convenience. Smart & Secure: Electronic locks enhance safety and offer easy management for long-term or short-term rentals. Investment Appeal: High Demand Location: Steps from downtown Chattanooga's restaurants, shops, and attractions. Fully Occupied: All three units are currently leased, demonstrating strong rental demand. Flexible Use: Ideal for investors seeking turnkey long-term rentals, short-term rental potential, or a blend of both. This triplex delivers immediate rental income with strong upside potential in one of Chattanooga's most desirable neighborhoods. Whether you're expanding your portfolio or securing a high-demand property in a thriving market, this is an opportunity you won't want to miss. Buyer to verify or all information.

FOR SALE DETAILS

PRICE

$690,000 USD

PRICE/SF

$232 USD /SF

# OF UNITS

3

PRICE/UNIT

$230,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R3

APN/PARCEL ID

146A-Q-028

ASK ABOUT THIS PROPERTY

Lisa BrownKW CommercialMore Info
423-432-2100

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Lisa BrownKW CommercialMore Info
423-432-2100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.