- 22
- beds
- 10
- baths
- 10,136
- sqft
- 1980
- year built
- Status:
- Active
- MLS #:
- 1541265
- Listed By:
- Jackson Malcolm - Keller Williams Realty
- Agent Phone:
- (423) 883-5060
- Agent Email:
- jackson@jacksonmalcolmhomes.com
Sponsoring Broker: Christine Eisenberg, Continental Real Estate Group, Inc
16-unit multifamily investment opportunity in Ooltewah, Tennessee. Firefly Acres consists of two apartment buildings offering a mix of one- and two-bedroom units, with 94% occupancy and an established rental history. Units feature a combination of updates including LVT flooring, fresh paint, and washer/dryer hookups. The property provides an established income stream, with trailing 12-month total income of approximately $200,000. Additional upside exists through continued rent growth as leases renew and units turn, along with supplemental revenue from pet fees and other tenant charges. With 16 units concentrated in one location, Firefly Acres offers investors meaningful multifamily scale in the growing Ooltewah market. Financial statements, current rent roll, operating information, and additional due diligence materials are available to qualified buyers upon request. Please do not disturb tenants.
Highlights
- Residential Income
- Apartment
- Built in 1980
- 1.4 Acre Lot
- 83 days on Market
-
- Bedrooms
- 22
-
- Bathrooms
- 10
-
- Year Built
- 1980
-
- Stories
- 2.0
-
- Construction Materials
- Other
-
- Parking Features
- Off Street
-
- Living Area
- 10136.0
-
- Cooling
- Central Air, Electric
-
- Heating
- Electric, Central
-
- Basement
- Crawl Space
-
- Acres
- 1.4
-
- Lot Features
- Level
-
- Water
- Public
-
- Area
- County
-
- County
- Hamilton
-
- City
- Ooltewah
-
- Neighborhood
- Lee Acres
-
- Zip Code
- 37363
-
- High School
- Central High School
-
- Middle School
- Hunter Middle
-
- Elementary School
- Snow Hill Elementary
-
Nearby Schools
-
52out of 100
Public School for 7437 Private Ln, Ooltewah, TN 37363
Grades: Elementary
Distance: 1.91 mi
-
52out 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
$1,451,087
$1,160,869 - $1,741,304
Source: Constellation Data Labs
Price History
| 06/26/2024 | Sold | |
| Source: Realtracs #2671689 | ||
| Listed | $850 | |
| Source: Realtracs #2671689 | ||
| 08/21/2026 | Listed | $1,700,000 |
| Source: Greater Chattanooga REALTORS #1541265 | ||
| 08/02/2024 | Sold | |
| Source: Realtracs #2710395 | ||
| 07/26/2024 | Listed | $850 |
| Source: Realtracs #2710395 | ||
| 06/26/2024 | Sold | |
| Source: Realtracs #2711525 | ||
| 06/26/2024 | Listed | $850 |
| Source: Realtracs #2711525 | ||
| 06/26/2024 | Sold | |
| Source: Greater Chattanooga REALTORS #1389373 | ||
| 03/31/2024 | Listed | $850 |
| Source: Greater Chattanooga REALTORS #1389373 | ||
Source: MLS Data
Deed History
| 07/08/2026 | Quit Claim Deed (non-arm's length) | $0 |
| 09/19/2024 | Warranty Deed | $1,425,000 |
| 04/26/2023 | Warranty Deed | $1,000,000 |
| 06/26/2013 | Quit Claim Deed (non-arm's length) | $0 |
| 10/22/2004 | Warranty Deed | $680,000 |
| 10/22/2004 | Quit Claim Deed (non-arm's length) | $0 |
| 04/02/2002 | Warranty Deed | $560,000 |
Source: Public records via Constellation Data Labs
Mortgage History
| 11/21/2024 | Commercial | $43,500 |
| 09/19/2024 | Commercial | $1,140,000 |
| 04/26/2023 | Commercial | $896,278 |
| 06/26/2013 | Commercial | $612,000 |
| 09/27/2005 | Commercial | $578,000 |
| 10/22/2004 | Commercial | $544,000 |
| 04/02/2002 | Commercial | $420,000 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 7437 Private Ln?
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 7437 Private Ln.
They know residential incomes in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 7437 Private Ln?
Click Ask a Question to talk with our team. You already know it is a 22 bed, 10 bath, listed for $1,700,000. We can talk through recent upgrades, potential seller motivation, how this apartment compares to others in Ooltewah, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 7437 Private Ln?
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 7437 Private Ln at around $10,320. 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 7437 Private Ln?
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 Hamilton 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 7437 Private Ln?
In most cases, yes. Whether 7437 Private Ln is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Ooltewah'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 7437 Private Ln?
We can handle that for you. Our preferred local agent specializes in residential incomes in Ooltewah 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 $1,700,000 with 10,136 sqft of space—that comes out to approximately $168 per square foot.
How long has this property been on the market?
7437 Private Ln was listed on August 21, 2026, which means it's been on the market for 83 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 1980, making it approximately 46 years old.
What is the lot size of this property?
7437 Private Ln sits on a 1.4-acre lot, which is 60,984 square feet.
What schools are assigned to this property?
Based on MLS info, this home is zoned for:
- Elementary: Snow Hill Elementary
- Middle: Hunter Middle
- High: Central High School
Want to see how these schools compare? Check out our Hamilton County School Guide to see ratings, reviews, and more for the schools in the area.
What are the property taxes for 7437 Private Ln?
The most recent public record shows annual property taxes for 7437 Private Ln were approximately $7,747. 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 7437 Private Ln 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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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Chattanooga Association of REALTORS®. IDX information is 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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Information deemed reliable but not guaranteed. Continental Real Estate Group, Inc does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.