10 Fountain Circle Chattanooga, TN $ 525,000
10 Fountain Circle
$ 525,000
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10 Fountain Circle

Chattanooga, TN, 37412
$ 525,000
Baths0.0 Sq 3,700

Monthly Estimate*

$ 3,233

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Studio

Multi-Family Home for sale in Chattanooga, TN

for $525,000. This 3,700 square foot home was built on a lot size of 0.7.

This 4-unit, two-duplex investment offers a rare opportunity to acquire a well-positioned multifamily property with strong fundamentals. Located at 10 Fountain Circle, Units A, B, C, and D each feature 2 bedrooms and 1 bathroom, creating a highly desirable and easy-to-rent unit mix. All units are separately metered, with the exception of Units C and D, which share a common water line. Tenants are responsible for their own utilities; water for Units C and D remains in the landlord's name and is billed back to tenants for reimbursement. Several units have been upgraded with new HVAC systems, reducing near-term maintenance costs and improving overall operational efficiency. The property is ideally situated just 10 minutes from downtown Chattanooga and Hamilton Place Mall, and approximately 15 minutes from the Chattanooga Airport. Generous yard space and a large parking area provide ample off-street parking, while the setting offers a rare blend of convenience and privacy. This combination of location, functionality, and low-maintenance improvements drives consistent rental demand and makes for a reliable, easy-to-manage investment. Additionally, buyers have the option to purchase a larger 6-unit, three-duplex package at a reduced price. This expanded offering includes 10 Fountain Circle and 3711 Fountain Avenue, spanning two adjoining lots totaling approximately 1.05 acres. At 3711 Fountain Avenue, Unit A offers 4 bedrooms and 2 bathrooms, while Unit B features 2 bedrooms and 1 bathroom.

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Multi-Family Active

Price

$ 525,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,736

Style

Duplex,Multi Family

Lot Size

0.7

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1526155

Features
Interior
Interior Amenities Ceiling Fan(s)
Flooring Carpet Laminate Linoleum
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Aluminum Frames
Fireplace Y/N N
Above Grade Finished Area 3700.0
Laundry Features Electric Dryer Hookup Washer Hookup
Total Baths 0
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General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Refrigerator Microwave Electric Water Heater Electric Range
Patio/Porch Features Deck
Pool Features None
Construction Materials Vinyl Siding Wood Siding
Pets Allowed Yes
Year Built 1950
Tenant Pays All Utilities
Levels One
Property Subtype Duplex
Community Features None
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N N
Other Structures Other
Status Active
Directions From downtown Chattanooga head southeast on Market Street then turn right onto East 23rd Street/US-11 South (Dodds Avenue) and continue toward East Ridge. Turn left onto Germantown Road then right on
High School East Ridge High
City Chattanooga
Senior Community Y/N N
Number Of Units Total 4
MLS Area East Ridge
Lot Size Units Acres
Lot Size Square Feet 30492.0
Carport Spaces 2.0
Carport Y/N Y
Listing Terms Cash Conventional
Elementary School East Ridge Elementary
Land Lease Y/N N
Tax Annual Amount 3736.85
Home Warranty Y/N N
Current Financing Conventional
Middle/Junior High School East Ridge Middle
Lease Renewal Y/N N
MLS Area Minor East Ridge
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex Multi Family
Standard Status Active
Occupancy Type Tenant
Legal Description PT LOTS 12 & 16 MINNIE D WOODSON ET AL TRACT PB 14 PG 145
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Exterior
Exterior Amenities Private Entrance Private Yard
Fencing Privacy None
Parking Features Asphalt Driveway Parking Lot
Lot Features Back Yard Private Secluded
Water Source Public
Lot Size Area 0.7
Foundation Details Block Slab
Spa N
Building Area Total 3700.0
Lot Size Acres 0.7
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 10
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* Excluded Features
List By
Keller Williams Realty

Broker

brigoodrichhomes@gmail.com

Email

Affordability Calculator

$3,544
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$311
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1547788 Elementary School
1547832 Middle School
East Ridge High High School
Pricing History
DatePricePrice ChangeDescription
1/7/2026$525,000 Listed Price

Map


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10 Fountain Circle, Chattanooga, TN, 37412 is a Multi-Family Home for sale at $525,000 with 3,700 sqft and a lot size of 0.7. 10 Fountain Circle is a studio with 0.0 baths. The property's zip code is 37412 which is in Chattanooga, TN