5077 Old Jackson RD Active Save Request In-Person Tour Request Virtual Tour
Apison,TN 37302
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $773
MLS Listing ID 1518622
Style Ranch
Year Built 1999
Lot Size 0.600 Acres
Acres 0.6
Lot Dimensions 24.01 X 509.49 IRR
Property Sub-Type Multi Family
Source Greater Chattanooga REALTORS®
Property Description
Rarely do duplexes come available for sale in the Collegedale Apison area. You have the opportunity to purchase not 1 duplex, but a package together of 4 duplexes (MLS#s: 1518619, 1518620, 1518621, & 1518622) 8 units total, in this sought after market Seller is offering all 4 together as a package deal only. They are on separate lots, and you can separate them once you are the fortunate new owner. The package includes 5102 and 5106 Jackson Rd for a total of 4 units with 2 bedroom 1 bath units each, and 5073 and 5077 Old Jackson Rd for a total of 4 units with 1 bedroom 1 bath each. As a bonus, the 1 bedroom units each have attached garages. 5073 old Jackson Rd has basement garages and 5077 have main level garages. All 8 units come with refrigerator, range, washer, and dryer. All 8 units with the exception of the Right unit at 5106 Jackson Rd (see below) have Tenants with leases expiring 8/31/2026 with GMI of $7150.00. Due to them all being long-term tenants, current leases are not at full market potential. 2025 Housing authority standards are $1350 for 1 bedroom and $1500 for 2 bedroom in the area. And other area 1 bedroom and 2 bedroom apartments being more. Right unit of 5106 became vacant the end of July, and Seller is in process of full renovation of the unit. All roofs are new within the past 6 years. The HVAC systems in all the old Jackson Rd units have been replaced in the last 1 ½ to 5 years. Some of the water heaters have been replaced recently. Property taxes are estimated based on 2025 assessment. Please Do Not Disturb tenants. A Realtor appointment is required for outside tour of the grounds. Seller has not toured the units recently, but will answer any questions as much as possible prior to an interior inspection with the intent to minimize disruptions for the tenants. Seller requires pre-approval letter OR proof of funds AND accepted Letter of Intent OR Contract for Interior tour and inspections.
Location
State TN
County Hamilton
Area 0.6
Interior
Interior Features Ceiling Fan(s),Eat-in Kitchen
Heating Central
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Carpet,Linoleum,Varies
Inclusions Refrigerators, Ranges, Washers, and Dryers
Fireplace No
Appliance Water Heater,Washer/Dryer,Washer,Refrigerator,Range Hood,Free-Standing Electric Range,Dryer,Dishwasher
Heat Source Central
Laundry In Kitchen,Main Level,Washer Hookup
Exterior
Exterior Feature Rain Gutters
Parking Features Asphalt,Concrete,Driveway,Garage Faces Front,Kitchen Level,Off Street,Paved
Garage Spaces 2.0
Garage Description Attached, Asphalt, Concrete, Driveway, Garage Faces Front, Kitchen Level, Off Street, Paved
Utilities Available Electricity Connected,Water Connected
Roof Type Asphalt
Porch Porch - Covered,Side Porch
Total Parking Spaces 2
Garage Yes
Building
Lot Description Flag Lot,Front Yard,Rural,Secluded,Sloped,Wooded
Faces I-75 N, Exit 9, Right on Apison Pike, Left on Jackson Rd, Right on Old Jackson Rd
Story One
Foundation Slab
Sewer Septic Tank
Water Public,See Remarks
Architectural Style Ranch
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Apison Elementary
Middle Schools East Hamilton
High Schools East Hamilton
Others
Senior Community No
Tax ID 151m A 001.01
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Investor