PROVEN INCOME PROPERTY. This newer (2002) income-producing asset is in a great area with quick nearby 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.
PHOTOS: The only interior photos we have currently are branded with our watermark and so cannot be published on the MLS. You may request those be sent by email.
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.
Sold for $208,000
$208,000
2212 Bailey Ave, Chattanooga, TN 37404
3beds
1,064sqft
Single Family Residence
Built in 2002
6,534 Square Feet Lot
$205,300 Zestimate®
$195/sqft
$1,600 Estimated rent
Home value
$205,300
$191,000 - $220,000
$1,600/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Philip H Lancaster 423-400-0101,
Rock Point Real Estate
Bought with:
Krissy Brady, 360591
Realty Executives Associates
Source: Greater Chattanooga Realtors,MLS#: 1512884
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,064
- Total interior livable area: 1,064 sqft
- Finished area above ground: 1,064
Property
Parking
- Parking features: Off Street
Features
- Exterior features: Private Yard
Lot
- Size: 6,534 sqft
- Dimensions: 50 x 134
- Features: City Lot, Level
Details
- Parcel number: 146n L 007
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Block
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected
Community & neighborhood
Location
- Region: Chattanooga
- Subdivision: Montagues Addn #2
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Sold | $208,000-8.4%$195/sqft |
Source: Greater Chattanooga Realtors #1512884 Report a problem | ||
| 7/3/2025 | Pending sale | $227,000$213/sqft |
Source: Greater Chattanooga Realtors #1512884 Report a problem | ||
| 5/16/2025 | Price change | $227,000-3.4%$213/sqft |
Source: Greater Chattanooga Realtors #1512884 Report a problem | ||
| 4/29/2025 | Listed for sale | $235,000+253.4%$221/sqft |
Source: Greater Chattanooga Realtors #1511946 Report a problem | ||
| 3/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/5/2024 | Price change | $1,395-3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/20/2024 | Listed for rent | $1,450+16%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/15/2022 | Listed for rent | $1,250+31.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/14/2018 | Listing removed | $950$1/sqft |
Source: MJP Property Management Inc. Report a problem | ||
| 9/8/2018 | Listed for rent | $950+36.7%$1/sqft |
Source: MJP Property Management Inc. Report a problem | ||
| 4/30/2018 | Sold | $66,500+137.5%$63/sqft |
Source: Public Record Report a problem | ||
| 3/6/2015 | Listing removed | $695$1/sqft |
Source: River City Property Management Inc. Report a problem | ||
| 2/26/2015 | Price change | $695-12.6%$1/sqft |
Source: River City Property Management Inc. Report a problem | ||
| 2/3/2015 | Listed for rent | $795$1/sqft |
Source: River City Property Management Inc. Report a problem | ||
| 5/28/2013 | Sold | $28,000-6.4%$26/sqft |
Source: Greater Chattanooga Realtors #1190511 Report a problem | ||
| 4/5/2013 | Price change | $29,900-16.7%$28/sqft |
Source: Econohomes Report a problem | ||
| 3/1/2013 | Price change | $35,900-6.3%$34/sqft |
Source: Econohomes Report a problem | ||
| 12/18/2012 | Price change | $38,304-4%$36/sqft |
Source: Econohomes Report a problem | ||
| 8/7/2012 | Price change | $39,900+6.4%$38/sqft |
Source: Econohomes Report a problem | ||
| 7/12/2012 | Price change | $37,500-17.8%$35/sqft |
Source: GoHoming #1178690 Report a problem | ||
| 6/12/2012 | Listed for sale | $45,600-17.5%$43/sqft |
Source: GoHoming #1178690 Report a problem | ||
| 6/7/2012 | Sold | $55,249+12.8%$52/sqft |
Source: Public Record Report a problem | ||
| 5/18/2012 | Price change | $49,000+19.5%$46/sqft |
Source: GoHoming #1178690 Report a problem | ||
| 5/12/2012 | Price change | $41,000-36.9%$39/sqft |
Source: Altisource Portfolio Solutions #1178690 Report a problem | ||
| 12/3/2011 | Listed for sale | $65,000+1757.1%$61/sqft |
Source: Crye-Leike #1178690 Report a problem | ||
| 2/6/2002 | Sold | $3,500-22.2%$3/sqft |
Source: Public Record Report a problem | ||
| 9/25/2000 | Sold | $4,500$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $661 +0% | $43,625 +47.6% |
| 2024 | $661 | $29,550 |
| 2023 | $661 | $29,550 |
| 2022 | $661 | $29,550 |
| 2021 | $661 +10.2% | $29,550 +36.2% |
| 2020 | $600 | $21,700 |
| 2019 | $600 | $21,700 |
| 2018 | $600 -50.8% | $21,700 |
| 2017 | $1,221 +31.3% | $21,700 |
| 2016 | $930 | -- |
| 2015 | $930 | $16,050 |
| 2014 | $930 +76.7% | -- |
| 2013 | $526 | $16,050 -15.6% |
| 2012 | $526 | $19,025 |
| 2011 | $526 | $19,025 |
| 2010 | $526 | $19,025 |
| 2009 | $526 | $19,025 +0.1% |
| 2008 | -- | $19,000 |
| 2007 | -- | $19,000 |
| 2006 | -- | $19,000 |
| 2005 | -- | $19,000 +18.2% |
| 2004 | -- | $16,075 |
| 2003 | -- | $16,075 |
| 2002 | -- | $16,075 |
Find assessor info on the county website
Neighborhood: Ridgedale
Nearby schools
GreatSchools rating
- 3/10Orchard Knob Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Orchard Knob Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10The Howard SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Orchard Knob Elementary
- Middle: Orchard Knob Middle
- High: Howard School of Academics & Tech
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$205,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$205,300
- Tennessee
- Hamilton County
- Chattanooga
- 37404
- Ridgedale
- 2212 Bailey Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Chattanooga Topics
