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22 Beds
16 Baths
10,136 sqft

$1,700,000

7437 Private Lane, Ooltewah TN, 37363

Price per sqft$167.72
Built in1980
Property size10,136 sqft
Property typeCondominium
Courtesy of Jackson Malcolm, Keller Williams Realty,423-883-5060

Overview

Active

Listed Sep 14, 2026

Updated 2 weeks ago

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.

$11,310/mo

Est. mortgage payment based on a $1,700,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1541265

Interior Features

Bedrooms
22
Bathrooms
16
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
1.4 Acres

Other Property Details

Taxes
$7,747
Tax Frequency
Annually
Pets Allowed
Yes
55+/Senior Community
No

Courtesy of Jackson Malcolm, Keller Williams Realty,423-883-5060 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Turnkey Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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