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- Description
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Street View
$1,700,000
Monthly Est:$8,462
22 Beds
- 16 Baths
10,136sqft
7437 Private Ln, Ooltewah, TN 37363
$1,700,000
$8,462/moEst:
Get Pre-Approved
Apartment
Built in 1980
$-- HOA
1.4 acres lot
$168/sq.ft
Description
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.
- Houzeo last checked: 1 hour ago
- Listing updated: September 14, 2026 at 1:37 pm
- Listing Provided by: Jackson Malcolm (423) 883-5060 DRE #370142 | Keller Williams Realty (423) 664-1900
- Source: Greater Chattanooga AOR MLS-AL | MLS#: 1541265

Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1980
HOA Fees
-
Finished Area
10,136 sqft
Lot Size
1.4 acres lot
Basement Area
- sqft
MLS Name
Greater Chattanooga AOR MLS
MLS Number
1541265
MLS Status
Active
Days on Market
25

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 22
Bathrooms: 16
Interior
Sewer
Septic Tank
Cooling
Central Air, Electric
Heating
Central, Electric
Construction
Year Built
Year Built: 1980
Home type
Apartment
Construction Materials
Other
Roof
Shingle
Utilities & Energy
Water Source
Public
Basement
Crawl Space
Parking Features
Off Street
Other Features
Lot Features
Level
Tenant Pays
Electricity
Subdivision Name
Lee Acres
Price History
| Date | Event | Price |
|---|---|---|
09/14/2026 Source: | Listed for Sale | $1,700,000 $168/sqft |
09/08/2026 Source: | Pending | $1,700,000 +178847.37% $168/sqft |
07/01/2024 Source: | Price Increased | $950 +11.76% $0/sqft |
06/26/2024 Source: | Sold | $850 $0/sqft |
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Based on information from the Greater Chattanooga REALTORS® (or, alternatively, from the MLS of Chattanooga, Inc.) through Oct 09, 2026, 12:00PM. IDX information is provided exclusively for consumers' personal, non-commercial use; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 the Greater Chattanooga REALTORS®. All Rights Reserved. Angela Fowler | Angela Fowler Real Estate, LLC. | (423) 320-4620 | afowler@catt.com Mailing Address: 452 Kailors Cove Cir Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.