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7437 Private Lane Ooltewah, TN $ 1,700,000
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7437 Private Lane
$ 1,700,000
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7437 Private Lane

Ooltewah, TN, 37363
$ 1,700,000
Bedrooms22 Baths16.0 Sq 4,984
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Property for Rent in Ooltewah, TN

for $1,700,000 with 22 bedrooms and 16 full baths. This 4,984 square foot property was built on a lot size of 1.4.

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.

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Rental Active

Price

$ 1,700,000

Bedrooms

22

Full Bath

16

Taxes

$ 7,746

Style

Lot Size

1.4

Town/City

Ooltewah

County/Region

Hamilton

MLS | Web ID

1541265
Features
General
Sewer Septic Tank
Heating Central Electric
Cooling Central Air Electric
Possession Negotiable
Roof Shingle
Construction Materials Other
Pets Allowed Yes
Year Built 1980
Tenant Pays Electricity
Stories Count 2
Levels Two
Property Subtype Apartment
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Lee Acres
Garage Y/N N
Status Active
Directions N Hwy 58 Pass Sims L Private--apartments on the corner of Private and Hwy 58
High School Central High School
City Ooltewah
Senior Community Y/N N
Number Of Units Total 16
MLS Area County
Lot Size Units Acres
Lot Size Square Feet 60984.0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Snow Hill Elementary
Land Lease Y/N N
Tax Annual Amount 7746.75
Home Warranty Y/N N
Middle/Junior High School Hunter Middle
Lease Renewal Y/N N
MLS Area Minor County
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Legal Description Lot 1 Lee Acres Sub Pb29 Pg99 Lee A Cres Apts (16 Units)
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Interior
Basement Crawl Space
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Bedrooms 22
Total Baths 16
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Exterior
Parking Features Off Street
Lot Features Level
Water Source Public
Lot Size Area 1.4
Spa N
Building Area Total 4984.0
Lot Dimensions 200X329
Lot Size Acres 1.4
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 7437
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* Excluded Features
List By
Keller Williams Realty

Broker

jackson@jacksonmalcolmhomes.com

Email

Nearby
1547834 Elementary School
1547476 Middle School
Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/21/2026$1,700,000 Listed Price

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7437 Private Lane, Ooltewah, TN, 37363 is a Property for Rent at $1,700,000 with 4,984 sqft and a lot size of 1.4. 7437 Private Lane has 22 bedrooms and 16.0 baths. The property's zip code is 37363 which is in Ooltewah, TN

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