Homes for sale - 5077 Old Jackson RD, Apison, TN 37302

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Vaughn Burnham

vaughnburnhamrealtor@gmail.com +1(423) 749-0000

$ 1,300,000

Est. payment | -/mo

1,680 SqFt

Save

$ 1,300,000

Est. payment | -/mo

Save

1,680 SqFt

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

Greater Chattanooga Association of REALTORS(GCAR MLS)

Listed by RE/MAX Properties

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(423) 749-0000

vaughnburnhamrealtor@gmail.com

117 Nowlin Ln, Chattanooga, TN, 37421, USA

5077 Old Jackson RD Apison, TN 37302