Map
Listed price in listed location currency (USD).
$460,000
$500,000

002

MLS® 3159526

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 3700 sqft
Garage 
Taxes $3,737
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $135
MLS® Number 3159526

Property Address: 10 Fountain Cir, CHATTANOOGA, TN, 37412-2159

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number3159526
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
DrivewayDetached, Attached, Asphalt, Driveway, Parking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Mar 25, 2026End Date
$460,000Sold Price

Sold

Mar 25, 2026List Date
$500,000List Price
Feb 27, 2024End Date
$481,000Sold Price

Sold

Sep 30, 2024List Date
$481,000List Price

Map

Similar Listings

Comparable Properties