10 Fountain Circle, Chattanooga, TN 37412
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
10 Fountain Circle,Chattanooga, TN 37412
$500,000
- - Beds
- - Baths
- 3,700 sq. ft.
- Multi-family
- Pending
Listed by: bri goodrich
Office: keller williams realty
MLS#:1526155
Source:TN_CAR
Price summary
- Price:$500,000
- Price per sq. ft.:$135.14
About this home
This 4-unit, two-duplex investment offers a rare opportunity to acquire a well-positioned multifamily property with strong fundamentals. Located at 10 Fountain Circle, Units A, B, C, and D each feature 2 bedrooms and 1 bathroom, creating a highly desirable and easy-to-rent unit mix.
All units are separately metered, with the exception of Units C and D, which share a common water line. Tenants are responsible for their own utilities; water for Units C and D remains in the landlord's name and is billed back to tenants for reimbursement. Several units have been upgraded with new HVAC systems, reducing near-term maintenance costs and improving overall operational efficiency.
The property is ideally situated just 10 minutes from downtown Chattanooga and Hamilton Place Mall, and approximately 15 minutes from the Chattanooga Airport. Generous yard space and a large parking area provide ample off-street parking, while the setting offers a rare blend of convenience and privacy. This combination of location, functionality, and low-maintenance improvements drives consistent rental demand and makes for a reliable, easy-to-manage investment.
Additionally, buyers have the option to purchase a larger 6-unit, three-duplex package at a reduced price. This expanded offering includes 10 Fountain Circle and 3711 Fountain Avenue, spanning two adjoining lots totaling approximately 1.05 acres. At 3711 Fountain Avenue, Unit A offers 4 bedrooms and 2 bathrooms, while Unit B features 2 bedrooms and 1 bathroom.
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Home facts
- Year built:1950
- Listing ID #:1526155
- Added:49 day(s) ago
- Updated:February 26, 2026 at 08:27 AM
Rooms and interior
- Flooring:Carpet, Laminate, Linoleum
- Living area:3,700 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Shingle
- Year built:1950
- Building area:3,700 sq. ft.
- Lot area:0.7 Acres
- Construction Materials:Vinyl Siding, Wood Siding
- Exterior Features:Private Entrance, Private Yard
- Foundation Description:Block, Slab
- Levels:One
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$500,000
- Price per sq. ft.:$135.14
- Tax amount:$3,736
Features and amenities
- Amenities:Ceiling Fan(s)
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