7437 Private Lane, Ooltewah, TN 37363

Ooltewah
Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
7437 Private Lane,Ooltewah, TN 37363
$1,700,000
  • 22 Beds
  • 16 Baths
  • 10,136 sq. ft.
  • Multi-family
  • Active
Listed by: jackson malcolm
Office: keller williams realty
MLS#:1541265
Source:TN_CAR

Price summary

  • Price:$1,700,000
  • Price per sq. ft.:$167.72

About this home

16-unit multifamily investment opportunity in Ooltewah, Tennessee. Firefly Acres consists of two apartment buildings offering a mix of one- and two-bedroom units, with 94% occupancy and an established rental history. Units feature a combination of updates including LVT flooring, fresh paint, and washer/dryer hookups. The property provides an established income stream, with trailing 12-month total income of approximately $200,000. Additional upside exists through continued rent growth as leases renew and units turn, along with supplemental revenue from pet fees and other tenant charges. With 16 units concentrated in one location, Firefly Acres offers investors meaningful multifamily scale in the growing Ooltewah market. Financial statements, current rent roll, operating information, and additional due diligence materials are available to qualified buyers upon request. Please do not disturb tenants.

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Home facts

  • Year built:1980
  • Subdivision & Development:Lee Acres
  • Listing ID #:1541265
  • Added:49 day(s) ago
  • Updated:October 10, 2026 at 02:54 PM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:16
  • Full bathrooms:16
  • Basement:Yes
  • Living area:10,136 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric, Heating
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1980
  • Building area:10,136 sq. ft.
  • Lot area:1.4 Acres
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,700,000
  • Price per sq. ft.:$167.72
  • Tax amount:$7,746

Parking

  • Parking description:Off Street

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