7437 Private Lane
Ooltewah, TN 37363
22
Bed
16
Bath
10,136Sqft
1.40Acres(Lot)
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, a
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 22Bathroom Information
Total Baths: 16 Full Baths: 10Room Information
Has Basement: Yes Basement: Crawl Space -
Roofing Information
Shingle -
Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Central Air, Electric
-
Building Information
Year Built: 1980 Building Area Total: 10136 Construction Materials: Other Stories: 2 Private Pool: No
-
Lot Information
Lot Dimensions: 200X329 Main Square Feet: 1.4 Acres Lot Size Acres: 1.4 Lot Size Square Feet: 60984 Lot Description: LevelProperty Information
Subdivision: Lee Acres Source Property Type: Residential Income MLS Area Minor: County Property SubType: Apartment Levels: Two Property Age: 46
-
Listing Price Information
Listing Price: $1700000 Cash, Conventional
-
Tax Information
Parcel Number: 077 075 Annual Tax: $7746.75 Tax Legal Desc: Lot 1 Lee Acres Sub Pb29 Pg99 Lee A Cres Apts (16 Units)
-
Parking Information
Off StreetGarage Information
Pets Allowed: Yes
-
School Information
Elementary School: Snow Hill ElementaryJunior High School: Hunter MiddleSenior High School: Central High School -
Location Information
Direction: N Hwy 58, Pass Sims, L Private--apartments on the corner of Private and Hwy 58 WaterSource: Public
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6040 Ridgesong Way, Ooltewah, TN, 37363 | $515,000 | 3 | 3 | 2,378 | 0.14 Acre |
| 56 Yelllow Rose Lane, Ooltewah, TN, 37363 | $623,900 | 3 | 3 | 2,500 | 0.32 Acre |
| 8245 Tree Farm Circle, Ooltewah, TN, 37363 | $599,900 | 5 | 5 | 3,775 | 0.18 Acre |
| 8242 Deepwater Lane, Ooltewah, TN, 37363 | $384,460 | 4 | 3 | 1,991 | 0.15 Acre |
| 8321 Backwater Way, Ooltewah, TN, 37363 | $369,085 | 4 | 3 | 2,174 | 0.15 Acre |
| 8230 Deepwater Lane, Ooltewah, TN, 37363 | $387,815 | 3 | 3 | 2,164 | 0.15 Acre |
| 8248 Deepwater Lane, Ooltewah, TN, 37363 | $368,815 | 3 | 3 | 1,618 | 0.14 Acre |
| 1410 Firelight Way, Ooltewah, TN, 37363 | $529,900 | 4 | 3 | 2,922 | -- |
| 6039 Ridgesong Way, Ooltewah, TN, 37363 | $485,000 | 3 | 2 | 1,968 | 0.18 Acre |
| 6012 Ridgesong Way, Ooltewah, TN, 37363 | $485,000 | 3 | 2 | 1,990 | 0.20 Acre |
Similar Homes To 7437 Private Lane
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Chattanooga Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Information deemed reliable but not guaranteed. ByOwner does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.
ByOwner last updated this listing 09/02/2026 @ 04:21
More Cities with for Sale by Owner Homes
- Ooltewah Homes For Sale By Owner
- Collegedale Homes For Sale By Owner
- Mc Donald Homes For Sale By Owner
- Apison Homes For Sale By Owner
- Harrison Homes For Sale By Owner
- Hixson Homes For Sale By Owner
- Cleveland Homes For Sale By Owner
- Lupton City Homes For Sale By Owner
- Ringgold Homes For Sale By Owner
- Cohutta Homes For Sale By Owner
- Georgetown Homes For Sale By Owner
- Fort Oglethorpe Homes For Sale By Owner
- Soddy Daisy Homes For Sale By Owner
- Chattanooga Homes For Sale By Owner
- Birchwood Homes For Sale By Owner
- Signal Mountain Homes For Sale By Owner
- Rossville Homes For Sale By Owner
- Charleston Homes For Sale By Owner
- Tunnel Hill Homes For Sale By Owner
- Lookout Mountain Homes For Sale By Owner
Homes around $1,700,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.
Verify Your Phone Number
Please enter the 6-digit verification code
sent to your mobile phone.