Movoto Real Estate
Sold on 11/07/2020

209 Elm Ave, Jasper, TN 37347

$251,000

Last sold 11/07/2020 for $90K

  • —

    bed

  • —

    bath

  • 1,642

    Sqft ($55/Sqft)

Multi-family not for sale

About 209 Elm Ave

Property type Multi-family
Year built 1947
HOA fee $0/month
Movoto estimate
Property description
Investors, here's the deal you've been looking for! This $500,000 investment package deal features 8 properties with a total of 13 units all located within a block of each other in a quiet Jasper neighborhood. Currently 100% occupied with a GMI of $6,600. Composed of 4 single family homes, 3 duplexes, and 1 triplex, the addresses included are 202, 204 & 206 Meadow Ave, 405 W 3rd St, 301 Elm Ave, 404 W 3rd St, 406 W 3rd St, 209 Elm Ave, 403 W 3rd St, and 402 & 404 2nd St. All properties have off street parking. Situated just minutes from interstate access, these properties are only 20 minutes away from Bridgeport, AL and 35 minutes from downtown Chattanooga. Currently there is a housing shortage in Bridgeport, AL due to the influx of workers at the new Google facility. Because of this, the current rental rates are priced under market value and there is the potential to increase rents. Call today for more information.
Listed by
Listing Agent - Grace Frank
Listing Office - Real Estate Partners Chattanooga, LLC
Source: RealTracs mls logo
MLS#2421284 • last updated 4 days ago
Movoto checked RealTracs for data 11 minutes ago
Overview
Heating Central
Levels/Style Duplex, Two, 2
Type Residential Income
MLS # 2421284
Living Area 1642, Square Feet
Property Tax $ 1343
Year Built 1947, Existing
Exterior
Roof Other
Construction Other
# Covered Spaces 1
Parking Desc Detached
# Carport Spaces 1
# Parking Spaces 1
Amenities / Utilities
Water Source Public
Utilities Water Available
Location
Subdivision None
Elementary School Jasper Elementary School
High School Marion Co High School
Middle School Jasper Middle School
Directions Heading W On I-24 From Downtown Chattanooga, Take Exit 155 For TN-28 Towards Jasper/Dunlap. Turn Right Onto TN-28 N, Then Immediately Turn Left Onto Godsey Dr. Turn Right Onto Industrial Blvd. Turn Right Onto Main St. Turn Left Onto Maple Ave. Turn Left Onto W 2nd St. Turn Right Onto Elm Ave, And The Duplex Is On The Left.
APN 108M B 400 0
Multifamily Details
# of Units Total 2
$251K
Range: $190K-$311K
Last 30 days 
  • Nov 2020
    mls logo MLS # 2421284
  • Nov 20, 2020 Sold
    $90,000
  • Nov 2020
    mls logo MLS # 1306854
  • Nov 20, 2020 Sold
    $90,000 (-21.7%)
  • Oct 7, 2020 Listed
    —
  • Aug 26, 2020 Contingent
    —
  • Jan 10, 2020 Listed
    —
  • Nov 26, 2019 Contingent
    —
  • Nov 26, 2019 Price Change
    $115,000 (-8.0%)
  • Sep 19, 2019 Listed
    $125,000 (-15.3%)
  • Jul 2017
    mls logo MLS # 1267545
  • Jul 21, 2017 Listed
    $147,600
  • Jun 2017
    mls logo MLS # 1265636
  • Jun 15, 2017 Listed
    $147,600
  • Year Property taxes Tax assessment
  • 2022
    $1,405
    $66,200
  • 209 Elm Ave
    $90K
  • —
  • 37347
    $675K +13% y/y
  • Jasper
    $679K +13% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
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  • Marion County
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  • 37347
  • 209 Elm Ave
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