Chattanooga, TN 37412,10 Fountain CIR
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Chattanooga, TN 37412,10 Fountain CIR
Chattanooga, TN 37412,10 Fountain CIR
Chattanooga, TN 37412,10 Fountain CIR
Chattanooga, TN 37412,10 Fountain CIR
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$ 525,000
Est. payment /mo
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10 Fountain CIR Chattanooga, TN 37412

3,700 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,700 sqft

Price per Sqft $141

MLS Listing ID 1526155

Year Built 1950

Lot Size 0.700 Acres

Acres 0.7

Property Sub-Type Duplex

Source Greater Chattanooga REALTORS®

Property Description

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.

Location

State TN

County Hamilton

Area 0.7

Interior

Interior Features Ceiling Fan(s)

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Linoleum

Fireplace No

Window Features Aluminum Frames

Appliance Refrigerator, Microwave, Electric Water Heater, Electric Range

Heat Source Central

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Private Entrance, Private Yard

Parking Features Asphalt, Driveway, Parking Lot

Carport Spaces 2

Garage Description Asphalt, Driveway, Parking Lot

Pool None

Community Features None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Shingle

Porch Deck

Garage No

Building

Lot Description Back Yard, Private, Secluded

Faces 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 onto Fountain Avenue, and finally left onto Fountain Circle, where 10 Fountain Circle will be on your right.

Story One

Foundation Block, Slab

Sewer Public Sewer

Water Public

Additional Building Other

Structure Type Vinyl Siding,Wood Siding

Schools

Elementary Schools East Ridge Elementary

Middle Schools East Ridge Middle

High Schools East Ridge High

Others

Senior Community No

Tax ID 157p E 013

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Investor

Pets Allowed Yes


Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by Keller Williams Realty
Ian Pfeiffer

Ian Pfeiffer

Broker | License ID: 341343

+1(423) 847-2080

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10 Fountain CIR