Jack Webb
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8498 Shawn Ridge Road, Harrison, TN 37341

$7,600,000
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New to the Market Active
BEDS0 BATHS SQUARE FEET56,640 MLS#1533329
STATUSActive PROPERTY TYPEMulti Unit - Multiple NEIGHBORHOODChattanooga

Property Description

RARE OPPORTUNITY TO OWN AN ENTIRE INCOME PRODUCING STREET 44 Doors | 22 DuplexesOffered for the first time ever, this exceptional portfolio features 22 duplexes (44 total doors) all conveniently located on a single street delivering unmatched operational efficiency and ease of management. Meticulously maintained by the original owners, this is a true turnkey investment with a proven track record of stable income and long term tenants.The portfolio includes a desirable mix of 18 one-level units and 6 two-story units with attached garages, appealing to a wide range of tenants. Floor plans vary from 2 bedrooms + den with 1.5 baths to 3 bedrooms + den with 2 full baths, offering flexible living spaces that drive strong occupancy.Each unit is well equipped with refrigerator, stove, dishwasher, and laundry hookups, while select units also feature generous 5x24 dry storage areas, an added bonus for tenants. Built between 1990 and 2013, the properties reflect consistent care and thoughtful upkeep throughout the years.This is a RARE, legacy offering where all the heavy lifting has already been done. Whether you're looking to expand your portfolio or secure a high performing, easy to manage asset, this investment checks all the boxes.Opportunities like this don't come around often. Own the ENTIRE street and step into immediate, reliable cash flow.

8498 Shawn Ridge Road | MLS# 1533329

This multi-family property located at 8498 Shawn Ridge Road, Harrison, TN 37341 is currently listed for sale with an asking price of $7,600,000. Search Chattanooga real estate on jackwebb.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Ceiling Fan(s), Electric
Fuel Type: Electric
Garage: 1 car attached
Heating: Central, Electric, Heat Pump
Lot Size: 21.26 Acres
Taxes: $44,843

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.1
Rent: $1532.00
Square Footage: 1100
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.1
Rent: $1300.00
Square Footage: 1100
Unit Type 3:
Bedrooms: 2
Bathroom(s): 1.1
Rent: $1075.00
Square Footage: 1100
Unit Type 4:
Bedrooms: 2
Bathroom(s): 1.1
Rent: $1300.00
Square Footage: 1100
Unit Type 5:
Bedrooms: 2
Bathroom(s): 1.1
Rent: $1016.00
Square Footage: 1100

Feature Descriptions

Common Amenities: None
Days on Site: 1
Exterior: Block, Brick, Vinyl Siding
Flooring: Carpet, Linoleum, Luxury Vinyl
Interior Amenities: Tub/shower Combo, Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Pantry
Laundry: Laundry Closet, Main Level, In Unit
Lot: Back Yard, Cul-De-Sac, Corners Marked, Subdivided
Parcel #: 094h B 007.06
Parking: Concrete, Driveway, Garage Faces Front
Patio/Porch: Front Porch
Tenant Pays: All Utilities
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Not Available, Water Available, Water Connected
Windows: Insulated Windows, Vinyl Frames, Window Treatments

Local Schools

High School: Central High School
Middle School: Brown Middle
Elementary School: Snow Hill Elementary

Listed By / Shown By

Listed By

Agency Name: RE/MAX Properties
Agency Phone: 423-894-2900

Shown By

Agent Name: Jack Webb
Agent Phone: (423) 421-1645
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: CARMLS

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Estimated Payment

$ 22,867.89 per month $16,914.31 Principal & Interest $3,736.92 Property Tax $2,216.67 Homeowner's Insurance

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