Sold
Last Sold Price
4 beds4 baths2,154 sqft

413 N Moore Rd, Chattanooga, TN 37411

Multi FamilyProperty Type
1940Year Built
$125/sq ftPrice per sq ft

Description

Priced to sell! Multifamily 10 CAP - Motivated seller for Q1, only. Discover a promising 5 unit converted asset just minutes from the heart of Downtown Chattanooga. This cash flowing value add deal sits directly across the street from Brainerd Golf Course and has plenty of room to increase value with cosmetic updates on a couple units and/or further conversions.Priced to sell! Multifamily 10 CAP - Motivated seller for Q1, only. Discover a promising 5 unit converted asset just minutes from the heart of Downtown Chattanooga. This cash flowing value add deal sits directly across the street from Brainerd Golf Course and has plenty of room to increase value with cosmetic updates on a couple units and/or further conversions.
  • Listed by: Albert (Drake) L. Drake 615.281.9395 albert@ria-inc.com • Residential Investment Advisors
Listing closed: 01/31/2024 01:00 AM • Source: REALTRACS as distributed by MLS GRID, MLS#: 2576343
See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Residential Investment Advisors, Albert (Drake) L. Drake (214.732.8735)
Add your commute
Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,661 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,441

Property Taxes

$220

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.
Know your buying power with a preapproval and custom rate in minutes
Rocket Mortgage1

Property Information for 413 North Moore Road

Property Details

  • Taxes: $2,639 / year
  • MLS Type: Residential Income
  • Subdivision Name: Biltmore Estates
  • Waterfront: No

Building Information

  • Stories: 1
  • Residences: 5
  • Year Built: 1940

Summary

Location and General Information
  • Directions: Head southeast on Brainerd Rd toward Brookfield Ave, Turn left onto N Moore Rd. Property will be on the left corner.
  • Elementary School: Barger Academy of Fine Arts
  • High School: Brainerd High School
  • Levels: Two
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Dalewood Middle School
  • Mlg Can View: Yes
  • Zoning: R1
Parking
  • Garage Spaces: .00
  • Parking Features: Gravel
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No

Property

Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Laminate
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 157F D 009
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Frame, Vinyl Siding
  • Documents Count: 1
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Stories: 2
  • Year Built Details: EXIST
Utilities
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: Baseboard, Central
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Fireplace: No
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • Roof: Shingle
  • View YN: No

Multi Family

Multi-Family Information
  • Number Of Units Total: 5
Unit 1
  • Unit Type Actual Rent: $999.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $810.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Actual Rent: $780.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $680.00
  • Unit Type Baths Total: 1
  • Unit Type Type: Unit 4

Rental Information

Rental Information
  • Total Actual Rent: $3,269

Property History for 413 North Moore Road

DateEvent & SourcePriceAppreciation
Jan 31, 2024

Closed (Public Record)

Public Record #1526188102

$275,000—
Jan 31, 2024

Closed (Public Record)

Public Record #1526188101

$270,000

+22.1% / yr

Jan 31, 2024

Closed

REALTRACS #2576343

$270,000—
DateEvent & SourcePrice
01/31/2024

Closed (Public Record)

Public Record #1526188102

$275,000
01/31/2024

Closed (Public Record)

Public Record #1526188101

$270,000

+22.1% / yr

01/31/2024

Closed

REALTRACS #2576343

$270,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

413 North Moore Road

Total Finished SqFt

2,154 SqFt

Above Grade Finished SqFt

2,154 SqFt

Stories

2

Lot Size

11,250 SqFt

Style

Quadraplex

Year Built

1940

Schools near 413 North Moore Road

This home is within Hamilton County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Barger Academy
PublicPK to 5

Dalewood Middle School
Public6 to 8

Brainerd High School
Public9 to 12

Ivy Academy's Skillern Elementary
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Residential Investment Advisors, Albert (Drake) L. Drake (214.732.8735)

Based on information submitted to the MLS GRID as of 02/02/2024 10:59 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.