6215 Walden Avenue Chattanooga, TN $ 1,990,000
6215 Walden Avenue
$ 1,990,000
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6215 Walden Avenue

Chattanooga, TN, 37421
$ 1,990,000
Baths0.0 Sq 1,520
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Studio

Property for Rent in Chattanooga, TN

for $1,990,000. This 1,520 square foot property was built on a lot size of 0.16.

Investor Opportunity - Six-Home Rental Portfolio | $1,990,000 Turnkey rental portfolio of six single-family homes, fully leased and cash-flowing—offered as a package only. Five of the properties are brand-new construction featuring a popular 3 bed / 2.5 bath layout with the primary suite on the main level, covered front porch, and spacious rear deck. Luxury vinyl plank flooring throughout, granite countertops, galley kitchen with modern open shelving and stainless appliances. These homes are located at: 6215 Walden Ave - $2,500/mo (Section 8) 6219 Walden Ave - $2,500/mo (Section 8) 6325 Talladega Ave - $2,500/mo (Section 8) 6401 Atlanta Ave - $2,250/mo, secured with a two-year lease 6321 Talladega Ave - $2,300/mo (Section 8) 6213 Walden Ave - $2,775/mo corporate lease The sixth property, 6213 Walden Ave, is a fully remodeled gem leased for $2,775/mo on a furnished corporate lease. Furniture to convey. Renovations include a new roof, new flooring, upgraded cabinetry, appliances, lighting, exterior paint, serviced HVAC, and added side deck for outdoor enjoyment. Total Gross Monthly Rent: $14,825 Total Gross Yearly Rent: $177,900 Insurance cost will depend on policyholder but current owner pays approximately $6k/yr. Seller's other expenses are property taxes and ONLY the corporate rental (6213 Walden Ave) includes lawn maintenance, 1 x per week cleaning at $75, and utilities. All five new construction units--the utilities and lawn maintenance are tenant's responsibility. Excellent Section 8 and corporate tenancy in place. All six homes are in strong rental corridors and have been professionally maintained. Owner will not divide package. A rare opportunity to own a stable, income-producing portfolio with minimal deferred maintenance and strong rental income. Properties will be shown once an accepted contract is in place. **Please do not disturb tenants**

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Rental Active

Price

$ 1,990,000

Bedrooms

Studio

Taxes

$ 280

Style

House

Lot Size

0.16

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1513677

Features
Interior
Interior Amenities Ceiling Fan(s) Double Vanity En Suite Granite Counters Primary Downstairs Separate Shower Tub/shower Combo Walk-In Closet(s)
Flooring Luxury Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Insulated Windows
Fireplace Y/N N
Laundry Features Inside Laundry Room
Total Baths 0
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General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow Negotiable Subject To Tenant Rights
Roof Asphalt Shingle
Appliances Water Heater Stainless Steel Appliance(s) Range Hood Free-Standing Refrigerator Free-Standing Electric Range Dishwasher
Patio/Porch Features Deck Porch - Covered
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 2024
Levels Two
Property Subtype Multi Family
Community Features None
Additional Parcels Description This is being sold as a package of 6 homes owner will not divide
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Washington Park
Garage Y/N N
Status Active
Directions Merge onto I-75 N Entering Tennessee Keep left to stay on I-75 N Take exit 4 for TN-153 N toward Chickamauga Dam/Airport Continue onto TN-153 N Take exit 1A for Shepherd Rd toward Airport Turn right
High School Tyner Academy
City Chattanooga
Senior Community Y/N N
Number Of Units Total 6
MLS Area Chattanooga
Lot Size Units Acres
Lot Size Square Feet 7000.0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Bess T. Shepherd Elementary
Land Lease Y/N N
Tax Annual Amount 280.46
Home Warranty Y/N N
Middle/Junior High School Tyner Middle Academy
Lease Renewal Y/N N
MLS Area Minor Chattanooga
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Structure Type House
Standard Status Active
Occupancy Type Tenant
Legal Description LT 17 BLK O SECOND UNIT WASHINGTON PARK PB14 PG144
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Exterior
Exterior Amenities Rain Gutters
Fencing None
Parking Features Driveway Off Street
Lot Features Level
Water Source Public
Inclusions All appliances in kitchen including refrigerator and living/dining/bedroom furniture in furnished corporate rental (6213 Walden Ave).
Lot Size Area 0.16
Foundation Details Block
Spa N
Building Area Total 1520.0
Lot Dimensions 50X140
Lot Size Acres 0.16
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 6215
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* Excluded Features
List By
Real Estate Partners Chattanooga Llc

Broker

christafrenchhomes@gmail.com

Email

Nearby
1547916 Elementary School
1547878 Middle School
Tyner Academy High School High School
Pricing History
DatePricePrice ChangeDescription
5/28/2025$1,990,000 Listed Price

Map


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6215 Walden Avenue, Chattanooga, TN, 37421 is a Property for Rent at $1,990,000 with 1,520 sqft and a lot size of 0.16. 6215 Walden Avenue is a studio with 0.0 baths. The property's zip code is 37421 which is in Chattanooga, TN