- 3 beds
- 3 baths
- 1,520 sqft
- 7,840 sqft lot
- $230 per sqft
- 2024 build
- – on site
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 - Vacant and available to show 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: now $12,525 with $15,025 as total potential for increased income from the vacant unit, projected to rent for $2500/mo. 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. Vacant property (6321 Talladega Ave) is able to be shown by appointment, all others will be shown once an accepted contract is in place. **Please do not disturb tenants in other units.**
Last checked:
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Last updated May 28, 2025
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MLS# 1513684 —
The Building
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Year Built:2024
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New Construction:false
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Structure Type:House
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Construction Materials:Vinyl Siding
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Levels:Two
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Stories:2
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Stories Total:None
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Roof:Asphalt, Shingle
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Basement:false
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Foundation Details:Block
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Exterior Features:Rain Gutters
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Window Features:Insulated Windows
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Patio And Porch Features:Deck, Porch - Covered
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Security Features:Smoke Detector(s)
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Building Area Total:1520.0
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Above Grade Finished Area:1520.0
Interior
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Interior Features:Ceiling Fan(s), Double Vanity, En Suite, Primary Downstairs, Stone Counters, Tub/shower Combo, Walk-In Closet(s)
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Furnished:None
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Flooring:Luxury Vinyl
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Fireplace:false
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Laundry Features:Inside, Laundry Room
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Zoning Description:None
Room Dimensions
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Living Area:1520.0
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Living Area Units:None
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Living Area Source:Tax Records
Location
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Directions:From I-75 N, Take exit 4 for TN-153 N toward Chickamauga Dam/Airport, Continue onto TN-153 N, Take exit 1A for Shepherd Rd toward Airport, Turn right onto W Shepherd Rd, Turn right onto Meharry Dr, Turn left onto Atlanta Ave, property will be on the left.
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Latitude:35.037947
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Longitude:-85.182016
The Property
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Parcel Number:148g P 018
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Property Type:Residential
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Property Subtype:Single Family Residence
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Direction Faces:None
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Possible Use:None
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Lot Features:Level
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Lot Size Acres:0.18
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Lot Size Area:0.18
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Lot Size Dimensions:56X140
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Lot Size SqFt:7840.0
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Lot Size Units:Acres
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Additional Parcels Description:This is being sold as a package of 6 homes, owner will not divide
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Lot Size Source:None
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Additional Parcels:true
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Zoning:None
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Topography:None
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View:false
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Pool Private:No
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (423) 693-9225
- Office phone:
- (423) 362-8333
Taxes
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Tax Legal Description:LOT 6 BLK K WASHINGTON PARK SECOND UNIT PB 14 PG 144
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Tax Annual Amount:280.46
Beds
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Bedrooms Total:3
Baths
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Total Baths:2.5
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Total Baths:3
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Full Baths:2
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Half Baths:1
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Three Quarter Baths:None
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Quarter Baths:None
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Partial Baths:None
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Central, Electric
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Heating:true
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Cooling:Central Air, Electric
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Cooling:true
Utilities
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Utilities:Electricity Connected, Sewer Connected, Water Connected
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Water Source:Public
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Sewer:Public Sewer
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Electric:None
Appliances
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Appliances:Water Heater, Stainless Steel Appliance(s), Refrigerator, Range Hood, Free-Standing Refrigerator, Free-Standing Electric Range
Schools
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Elementary School:Bess T. Shepherd Elementary
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Elementary School District:None
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Middle Or Junior School:Tyner Middle Academy
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Middle Or Junior School District:None
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High School:Tyner Academy
The Community
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Subdivision Name:Washington Park
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Senior Community:false
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Association:false
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Association Fee 2:None
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Association Fee 2 Frequency:None
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Pets Allowed:None
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Spa:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Driveway, Off Street
Monthly cost estimate

Asking price
$350,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,874
|
Taxes | $23 |
Insurance | $96 |
Utilities | $137 See report |
Total | $2,130/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/28/25
May 28, 2025
|
Listed / Active | CHTMLS | $350,000 |