Step into living history at 309 Barnhardt Circle, a rare opportunity to own a piece of Fort Oglethorpe's military past. Built in 1915 as the original Band Barracks, this remarkable property once housed 28 members of the post's military band and was electrified in 1920, a modern marvel for its time. The iconic center fields of Barnhardt Circle were historically used for cavalry training and even hosted polo matches, making this location not just historic, but legendary. Today, the property operates as a fully occupied 7-unit multi-family investment featuring: • 4 spacious one-bedroom apartments • 3 charming studio residences • Gross annual rents exceeding $87,500 • Zoned R-3 Residential Positioned steps from the 9,000+ acre Chickamauga Battlefield, this location offers unmatched walkability in one of the area's most sought-after historic districts. Residents enjoy proximity to shopping and dining in Fort Oglethorpe, with convenient access to Rossville and Chickamauga. Investment Highlights: • All units currently occupied with strong tenant demand • Stable cash flow with upside potential • Opportunity to increase rents by adding in-unit washer/dryers (currently located in basement) • Large attic and basement offering additional build-out potential • Ample rear and off-street parking • Covered front porch overlooking the historic ballfields This property blends stable income with irreplaceable historic character, an ideal acquisition for a seasoned investor or a turnkey 1031 exchange opportunity. Properties with this level of provenance rarely become available. Own a piece of military history while securing reliable returns in one of North Georgia's most distinctive historic corridor.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.