126 Myrtle Lane Ooltewah, TN $ 535,000
126 Myrtle Lane
$ 535,000
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126 Myrtle Lane

Ooltewah, TN, 37363
$ 535,000
Baths0.0 Sq 2,600

Monthly Estimate*

$ 3,338

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Studio

Multi-Family Home for sale in Ooltewah, TN

for $535,000. This 2,600 square foot home was built on a lot size of 0.94.

Great investment with potential to become a Triplex, Sale includes 126 Myrtle Ln.- Over all in very good condition, with 2 heat pumps age approx 4-5 yrs old, 124 or unit 1 has a large Open floor plan, master suite has large open ensuite area, New flooring throughout, including both upstairs bathrooms. Basement has been completely finished adding close to 1500 more square feet not included in the listing square footage with a full bathroom, kitchenette, 2 bedrooms and a play room all less than 2 years old. 122 or unit 2 has been updated nicely and has a living, dining, kitchen, laundry and half bath on the main level. Two large bedrooms and a full bathroom upstairs and a huge unfinished basement with 9 foot plus ceilings perfect for storage or could be finished for a larger unit. Plenty of parking in the back with a potential wraparound driveway. The empty lot at 126 has plenty of room for another unit but Seller has no information on if it is buildable or not. In total, the property brings in a total of $4500 per month.

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Multi-Family Active

Price

$ 535,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,249

Style

Lot Size

0.94

Town/City

Ooltewah

County/Region

Hamilton

MLS | Web ID

1525502

Features
Interior
Interior Amenities Eat-in Kitchen Open Floorplan Storage
Basement Finished Full Partial
Flooring Luxury Vinyl
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Laundry Closet Laundry Room
Total Baths 0
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General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Connected Water Connected
Possession Subject To Tenant Rights
Roof Metal
Patio/Porch Features Deck Patio
Construction Materials Brick Other
Pets Allowed Yes Cats OK Dogs OK
Year Built 1984
Tenant Pays All Utilities
Stories Count 1
Levels One and One Half
Property Subtype Duplex
Community Features None
Additional Parcels Description 126 Myrtle Ln Ooltewah TN 37363 Lt 7 Myrtle View Sub 35-38 Out Of 1 41J-A-49
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Myrtle View
Garage Y/N N
Status Active
Directions Take TN-317 W/Apison Pike to Tallant Rd in Ooltewah Continue on Tallant Rd. Take College View Dr to Myrtle Ln - Duplex on right near culd-de-sac
High School Ooltewah
City Ooltewah
Senior Community Y/N N
Number Of Units Total 2
MLS Area Collegedale
Lot Size Units Acres
Lot Size Square Feet 40946.4
Carport Y/N N
Listing Terms Cash Conventional FHA
Elementary School Wolftever Elementary
Land Lease Y/N N
Tax Annual Amount 2249.67
Home Warranty Y/N N
Current Financing Conventional
Middle/Junior High School Ooltewah Middle
Property Condition Updated/Remodeled
Lease Renewal Y/N N
MLS Area Minor Collegedale
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description LT 7 MYRTLE VIEW SUB 35-38 OUT OF 1 41J-A-49
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Exterior
Parking Features Basement Off Street
Lot Features Cul-De-Sac Gentle Sloping
Water Source Public
Lot Size Area 0.94
Foundation Details Block
Spa N
Building Area Total 2600.0
Lot Dimensions 150X121.61
Lot Size Acres 0.94
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 1 126
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* Excluded Features
List By
Re/Max Properties

Broker

matthewmucciolo@gmail.com

Email

Affordability Calculator

$3,525
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,338
Monthly Property Taxes
$187
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1547898 Elementary School
1547968 Middle School
Ooltewah High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$535,000 Listed Price

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126 Myrtle Lane, Ooltewah, TN, 37363 is a Multi-Family Home for sale at $535,000 with 2,600 sqft and a lot size of 0.94. 126 Myrtle Lane is a studio with 0.0 baths. The property's zip code is 37363 which is in Ooltewah, TN