44 DOORS PRODUCING IMMEDIATE CASH FLOW FROM DAY ONE
RARE OPPORTUNITY TO OWN AN ENTIRE INCOME PRODUCING STREET OF 22 DUPLEXES
Offered for the first time ever, this exceptional portfolio features 22 duplexes (44 total doors) all conveniently located on a single street delivering unmatched operational efficiency and ease of management. Meticulously maintained by the original owners, this is a true turnkey investment with a proven track record of stable income and long term tenants.
The portfolio includes a desirable mix of 18 one-level units and 6 two-story units with attached garages, appealing to a wide range of tenants. Floor plans vary from 2 bedrooms + den with 1.5 baths to 3 bedrooms + den with 2 full baths, offering flexible living spaces that drive strong occupancy.
Each unit is well equipped with refrigerator, stove, dishwasher, and laundry hookups, while select units also feature generous 5x24 dry storage areas, an added bonus for tenants. Built between 1990 and 2013, the properties reflect consistent care and thoughtful upkeep throughout the years.
This is a RARE, legacy offering where all the heavy lifting has already been done. Whether you're looking to expand your portfolio or secure a high performing, easy to manage asset, this investment checks all the boxes.
Opportunities like this don't come around often. Own the ENTIRE street and step into immediate, reliable cash flow.
For sale
Price cut: $500K (8/27)
$6,500,000
8498 Shawn Ridge Dr, Harrison, TN 37341
50beds
56,640sqft
Duplex
Built in 2013
-- sqft lot
$-- Zestimate®
$115/sqft
$-- HOA
What's special
Two-story unitsOne-level unitsFlexible living spacesAttached garagesLaundry hookups
- 161 days
- 669
- 29
Zillow last checked:
Listing updated:
Listed by:
Tonya L Wilkey 423-322-6361,
RE/MAX Properties 423-894-2900
Source: Greater Chattanooga Realtors,MLS#: 1533329
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 50
- Bathrooms: 40
- Full bathrooms: 5
- 1/2 bathrooms: 5
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Laundry: Laundry Closet, Main Level, In Unit
Features
- Tub/shower Combo, Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Pantry
- Flooring: Carpet, Linoleum, Luxury Vinyl
- Windows: Insulated Windows, Vinyl Frames, Window Treatments
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 56,640
- Total interior livable area: 56,640 sqft
Property
Parking
- Total spaces: 1
- Parking features: Concrete, Driveway, Garage Faces Front
- Attached garage spaces: 1
Features
- Levels: One,Two
- Patio & porch: Front Porch
- Pool features: None
- Fencing: None
Lot
- Size: 21.26 Acres
- Features: Back Yard, Cul-De-Sac, Corners Marked, Subdivided
Details
- Additional structures: None
- Additional parcels included: see attached document in mls for parcel descriptions.
- Parcel number: 094h B 007.06
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Block, Brick, Vinyl Siding
- Foundation: Block, Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2013
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Not Available, Water Available, Water Connected
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Shawn Ridge
HOA
- Has HOA: No
Location
- Region: Harrison
Financial & listing details
- Price per square foot: $115/sqft
- Tax assessed value: $268,800
- Annual tax amount: $44,843
- Date on market: 4/24/2026
- Listing terms: Cash,Conventional,Special Funding
- Inclusions: refrigerators, stoves, dishwashers
- Tenant pays: All Utilities
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $6,500,000-7.1%$115/sqft |
Source: Greater Chattanooga Realtors #1533329 Report a problem | ||
| 7/27/2026 | Price change | $6,999,999-4.1%$124/sqft |
Source: Greater Chattanooga Realtors #1533329 Report a problem | ||
| 6/10/2026 | Price change | $7,300,000-3.9%$129/sqft |
Source: Greater Chattanooga Realtors #1533329 Report a problem | ||
| 4/24/2026 | Listed for sale | $7,600,000+2136%$134/sqft |
Source: Greater Chattanooga Realtors #1533329 Report a problem | ||
| 6/22/2023 | Sold | $339,900-93.1%$6/sqft |
Source: Public Record Report a problem | ||
| 9/7/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/9/2022 | Listed for sale | $4,900,000$87/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,648 +34.4% | $107,520 +99.1% |
| 2024 | $1,226 | $54,000 |
| 2023 | $1,226 | $54,000 |
| 2022 | $1,226 +1.5% | $54,000 |
| 2021 | $1,208 -16.4% | $54,000 +3.4% |
| 2020 | $1,445 | $52,240 |
| 2019 | $1,445 | $52,240 |
| 2018 | $1,445 -1.2% | $52,240 |
| 2017 | $1,463 | $52,240 |
| 2016 | $1,463 | -- |
| 2015 | $1,463 | $52,240 |
| 2014 | $1,463 -27.5% | -- |
| 2013 | $2,017 | $52,240 -28.4% |
| 2012 | $2,017 | $72,960 |
| 2011 | $2,017 | $72,960 |
| 2010 | $2,017 | $72,960 |
| 2009 | $2,017 | $72,960 +7.7% |
| 2008 | -- | $67,720 |
| 2007 | -- | $67,720 |
| 2006 | -- | $67,720 |
| 2005 | -- | $67,720 +33.8% |
| 2004 | -- | $50,620 |
| 2003 | -- | $50,620 |
| 2002 | -- | $50,620 |
| 2001 | -- | $50,620 +2.4% |
| 2000 | -- | $49,420 |
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: 37341
Nearby schools
Schools provided by the listing agent
- Elementary: Snow Hill Elementary
- Middle: Brown Middle
- High: Central High School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
