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 in 1984.

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

$ 2,250

Style

Duplex

Year Built

1984

Town/City

Ooltewah

County/Region

Hamilton

MLS | Web ID

3067153

Features
General
Living Area 2600
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Available Water Available
Roof Metal
Construction Materials Other Brick
Year Built 1984
Tenant Pays Other
Stories Count 2
Levels Three Or More
County Hamilton County TN
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Myrtle View
Rent Includes Other
Status Active
Buyer Financing Other Conventional FHA
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 High School
City Ooltewah
Senior Community Y/N N
Number Of Units Total 2
Lot Size Units Acres
Elementary School Wolftever Creek Elementary School
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 2250
Middle/Junior High School Ooltewah Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 4500
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Interior
Flooring Other
Air Conditioning Y/N Y
Heating Y/N Y
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Detached
Water Source Public
Total Parking 0
Building Area Total 2600
Lot Dimensions 150X121.61
Waterfront 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
$188
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
4341833 Elementary School
3682987 Middle School
Ooltewah High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$535,000 Listed Price

Map


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126 Myrtle Lane, Ooltewah, TN, 37363 is a Multi-Family Home for sale at $535,000 with 2,600 sqft. 126 Myrtle Lane is a studio with 0.0 baths and was built in 1984. The property's zip code is 37363 which is in Ooltewah, TN