- 11,340
- sqft
- 1984
- year built
- Status:
- Active
- MLS #:
- 2620779
- Neighborhood:
- Champion Station Phase I
- County:
- Carter
- Listed By:
- Sarah Newton - Ross Group Real Estate Service
- Agent Phone:
- (580) 229-5029
- Agent Email:
- sarah@rossgroupsold.com
Sponsoring Broker: Marsha Butler, Ebby Halliday
12-unit income producing apartment complex in Plainview school District. Exceptional investment opportunity to acquire a well maintained 12 unit multifamily apartment complex located within the highly sought after Plainview school district. This income producing property offers a stable revenue stream, strong cash flow, and attractive long-term investment potential. Each of the 12 units features a spacious two bedroom one bathroom floor plan and includes its own washer and dryer, providing convenience and added value for tenants. Residents also enjoy the warmth and charm of a wood-burning fireplace and a private deck creating desirable living spaces that help attract and retain quality tenants. Significant capital improvements have already been made, including a new roof installed approximately five years ago. Additionally, eight of the twelve units have been remodeled within the last five years, offering updated finishes and reducing future maintenance concerns. The property also includes additional land on the north side of the complex presenting excellent opportunities for future development. Investors may choose to add covered parking, expand amenities, or explore the potential for additional units, creating even greater income producing probabilities. With a proven history of generating consistent income, this property offers strong fundamentals, and the opportunity for continued rent growth and value appreciation. Whether you're looking to expand an existing portfolio or enter the multifamily market, this turnkey asset delivers both immediate cash flow and long-term upside. This is a rare opportunity to acquire a multifamily asset that combines current cash flow, recent improvements, and future expansion potential in one of the areas most desirable school districts! Call for a showing today!
Highlights
- Commercial Sale
- Apartment
- Built in 1984
- 0.71 Acre Lot
- 159 days on Market
-
- Year Built
- 1984
-
- Construction Materials
- Frame
-
- Foundation
- Slab
-
- Living Area
- 11340.0
-
- Interior Features
- Ceiling Fan(s), Wet Bar
-
- Exterior Features
- Storage, Lighting
-
- Security Features
- Smoke Detector(s)
-
- Cooling
- Central Air
-
- Heating
- Electric, Central
-
- Acres
- 0.71
-
- Utilities
- Electricity Available, Water Available
-
- Water
- Public
-
- County
- Carter
-
- City
- Ardmore
-
- Neighborhood
- Champion Station Phase I
-
- Zip Code
- 73401
-
Nearby Schools
-
52out of 100
-
53out of 100
-
55out of 100
-
53out of 100
-
53out of 100
-
26out of 100
-
75out of 100
-
55out of 100
-
56out of 100
-
54out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Estimated Value
$1,487,119
$1,040,983 - $1,933,254
Source: Constellation Data Labs
Price History
| 06/05/2026 | Listed | $1,390,000 |
| Source: MLS Technology #2620779 | ||
Source: MLS Data
Deed History
| 02/04/2020 | Warranty Deed | $925,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 01/06/2021 | Open End with Future Advance Clause / Open End Mortgage | $304,500 |
| 05/11/2020 | Commercial | $747,208 |
| 02/04/2020 | Commercial | $740,000 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 2715 Chattanooga?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 2715 Chattanooga.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 2715 Chattanooga?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,390,000. We can talk through recent upgrades, potential seller motivation, how this apartment compares to others in Ardmore, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 2715 Chattanooga?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 2715 Chattanooga at around $8,804. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 2715 Chattanooga?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Carter County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 2715 Chattanooga?
In most cases, yes. Whether 2715 Chattanooga is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Ardmore's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 2715 Chattanooga?
We can handle that for you. Our preferred local agent specializes in commercial sales in Ardmore and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $1,390,000 with 11,340 sqft of space—that comes out to approximately $123 per square foot.
How long has this property been on the market?
2715 Chattanooga was listed on June 05, 2026, which means it's been on the market for 159 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1984, making it approximately 42 years old.
What is the lot size of this property?
2715 Chattanooga sits on a 0.71-acre lot, which is 30,928 square feet.
What are the property taxes for 2715 Chattanooga?
The most recent public record shows annual property taxes for 2715 Chattanooga were approximately $10,732. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 2715 Chattanooga still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS Technology. All rights reserved.
Last Updated: November 11, 2026 at 02:56AM | Source: MLS Technology | MLS#: 2620779
