Don't miss this opportunity to own a cash-flowing 6-unit apartment building in desirable Bradley County--just minutes from I-75, Cleveland, and Chattanooga. The property is currently generating $4,047 per month in rental income with one vacant unit currently marketed for $850 per month, providing immediate upside for a new owner.
The unit mix consists of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, offering a strong blend of unit types to attract a variety of tenants. Each unit is individually metered, with tenants paying their own utilities while the owner is responsible only for trash service, helping keep operating expenses low.
Constructed with a low-maintenance brick exterior, this property is built for long-term durability and ease of ownership. Located outside the Cleveland city limits, owners benefit from county-only property taxes.
With below-market rents and room to optimize income over time, this property offers an excellent value-add opportunity for both seasoned investors and those looking to expand their rental portfolio. Whether you're seeking immediate cash flow or long-term appreciation through improved rental performance, this is an investment worth adding to your portfolio.
Note: there is one vacant unit that may be viewed. All other units to be viewed once under contract. Please do not disturb tenants. No sign on property.
For sale
$599,000
578 Withrow Rd, Mc Donald, TN 37353
8beds
3,888sqft
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$154/sqft
$-- HOA
What's special
Low-maintenance brick exterior
- 23 days
- 268
- 14
Zillow last checked:
Listing updated:
Listed by:
Gina Shumway 770-686-9366,
Keller Williams Realty 423-664-1600
Source: Greater Chattanooga Realtors,MLS#: 1540695
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 5
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven, Water Heater
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Luxury Vinyl
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 3,888
- Total interior livable area: 3,888 sqft
Property
Parking
- Parking features: Asphalt, Off Street, Parking Lot
Features
- Levels: Two
- Patio & porch: Front Porch
- Spa features: None
- Fencing: None
Lot
- Size: 1 Acres
- Dimensions: 186 x 208 x 171 x 176
Details
- Parcel number: 056 11500 000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Brick/Mortar
- Roof: Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Mc Donald
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $323,600
- Annual tax amount: $1,596
- Date on market: 8/13/2026
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Water
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $599,000+19.1%$154/sqft |
Source: Greater Chattanooga Realtors #1540695 Report a problem | ||
| 12/17/2024 | Listing removed | $899-0.1% |
Source: Zillow Rentals Report a problem | ||
| 11/8/2024 | Price change | $900-5.3% |
Source: Zillow Rentals Report a problem | ||
| 9/17/2024 | Listed for rent | $950+72.7% |
Source: Zillow Rentals Report a problem | ||
| 8/16/2024 | Sold | $503,000$129/sqft |
Source: Greater Chattanooga Realtors #1394557 Report a problem | ||
| 7/2/2024 | Contingent | $503,000$129/sqft |
Source: Greater Chattanooga Realtors #1394557 Report a problem | ||
| 6/26/2024 | Listed for sale | $503,000+96.7%$129/sqft |
Source: Greater Chattanooga Realtors #1394557 Report a problem | ||
| 6/6/2019 | Sold | $255,700-4.9%$66/sqft |
Source: Public Record Report a problem | ||
| 4/2/2019 | Listed for sale | $269,000+124.2%$69/sqft |
Source: Bender Realty #20191782 Report a problem | ||
| 1/4/2019 | Listing removed | $550 |
Source: Owner Report a problem | ||
| 1/1/2019 | Listed for rent | $550 |
Source: Owner Report a problem | ||
| 5/25/2017 | Sold | $120,000$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $129,440 +47.2% |
| 2024 | $1,577 | $87,960 |
| 2023 | $1,577 | $87,960 |
| 2022 | $1,577 | $87,960 |
| 2021 | $1,577 -20.9% | $87,960 -1.9% |
| 2019 | $1,993 +5.9% | $89,680 |
| 2018 | $1,883 +0% | -- |
| 2017 | $1,882 +71.4% | -- |
| 2016 | $1,098 | -- |
| 2015 | $1,098 +3.5% | -- |
| 2014 | $1,061 | -- |
| 2013 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37353
Nearby schools
Schools provided by the listing agent
- Elementary: Prospect Elementary
- Middle: Ocoee Middle
- High: Ocoee Middle/High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





