2212 Bailey Avenue
Chattanooga, TN 37404
- – beds
- – baths
- 1,064 sqft
- 6,534 sqft lot
- $220 per sqft
- 2002 build
- – on site
This newer (2002) income-producing asset is located on a major traffic artery with quick access to highways, UTC, hospitals, and downtown Chattanooga. Always a quick-to-lease rental. Current tenant pays $1,350 rent on a month-to-month lease. Cap rate in 2024 was 6%. Seller has several additional income properties for sale in Chattanooga and is open to negotiating a package deal. NOTE RE ACCESS: Since this is an occupied rental property, access for a walk-thru can only be granted within 3 days of an accepted offer with a walk-thru contingency.
Last checked:
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Last updated Apr 29, 2025
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MLS# 1511946 —
The Building
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Year Built:2002
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New Construction:false
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Builder Name:None
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Stories Total:None
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Basement:false
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Building Area Total:1064.0
Interior
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Furnished:None
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Fireplace:false
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Zoning Description:None
Room Dimensions
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Living Area:1064.0
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Living Area Units:None
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Living Area Source:Tax Records
Location
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Directions:On south side of Bailey Ave. between S. Lyerly St. and S. Kelly St., a quarter mile west of Dodds Ave. overpass, and about one mile east of S. Holtzclaw Ave.
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Latitude:35.031235
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Longitude:-85.270748
The Property
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Parcel Number:146n L 007
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Property Type:Residential Income
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Property Subtype:Mixed Use
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Direction Faces:None
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Possible Use:None
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Lot Size Acres:0.15
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Lot Size Area:0.15
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Lot Size Dimensions:50X134
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Lot Size SqFt:6534.0
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Lot Size Units:Acres
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Lot Size Source:None
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Zoning:None
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Topography:None
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View:false
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Pool Private:No
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (423) 400-0101
- Office phone:
- (423) 752-0709
Taxes
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Tax Legal Description:LT 7 BLK 40 MONTAGUES HIGHLAND PARK ADDN NO 2 PB1 PG35
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Tax Annual Amount:1326.0
Baths
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Three Quarter Baths:None
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Quarter Baths:None
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Partial Baths:None
Heating & Cooling
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Heating:No
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Cooling:Central Air, Electric
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Cooling:true
Utilities
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Water Source:Public
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Sewer:Public Sewer
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Electric:None
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Green Energy Generation:None
Schools
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Elementary School:Orchard Knob Elementary
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Elementary School District:None
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Middle Or Junior School:Orchard Knob Middle
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Middle Or Junior School District:None
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High School:Howard School of Academics & Tech
The Community
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Subdivision Name:Montagues Addn #2
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Senior Community:false
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Association:false
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Association Fee 2:None
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Association Fee 2 Frequency:None
Parking
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Attached Garage:false
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Parking Features:Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/29/25
Apr 29, 2025
|
Listed / Active | CHTMLS | $235,000 |