5 beds4 baths3,888 sqft$154/sqft
578 Withrow Rd, McDonald, TN 37353
Est: $3,178/moGet pre-approved

Description

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...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.
LISTING UPDATED: 08/13/2026 07:15 AM

  1. Listed by Gina Shumway • Greater Chattanooga Realty, Keller Williams Realty

Property Details for 578 Withrow Road

Status
MLS #
3510979
Days on Market
1
Taxes
$1,596 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1972
Lot Size
-
Subdivision Name
None
Waterfront
No

Location

Listing Courtesy of Greater Chattanooga Realty, Keller Williams Realty, Gina Shumway (770.686.9366)
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Building Information for 578 Withrow Road

Stories2Residences6Year Built1972Building Size-Lot Size-

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$3,178 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,045

Property Taxes

$133

HOA Dues

$0

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Property Information for 578 Withrow Road

Summary
Location and General Information
  • Elementary School: Prospect Elementary School
  • Levels: Two
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Ocoee Middle School
  • Mlg Can View: Yes
Parking
  • Parking Features: Detached, Asphalt, Parking Lot
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
  • Tax Legal Description: Deed Acres 1.00
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: Other
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 056 11500 000
Property and Assessments
  • Construction Materials: Other, Brick
  • Documents Count: 3
  • New Construction: No
  • Possession: Close Of Escrow
  • Senior Community: No
  • Stories: 2
  • Year Built Details: Existing
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Features
  • Attached Garage: No
  • Exterior Features: No Dock
  • Foundation Details: Brick/Mortar
  • Pool Private: No
  • Roof: Other
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Unit 1
  • Unit Type Actual Rent: $899.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Unit 4
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: 2 Bedroom
Rental Information
Rental Information
  • Rent Includes: Other, Trash Collection
  • Tenant Pays: Electricity, Water
  • Total Actual Rent: $2,449

Property History for 578 Withrow Road

DateEvent & SourcePriceAppreciation
Aug 13, 2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1540695

$599,000
Aug 13, 2026

Listed (Active)

REALTRACS #3510979

$599,000
Aug 16, 2024

Closed (Public Record)

Public Record #1538956407

$503,000
DateEvent & SourcePrice
08/13/2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1540695

$599,000
08/13/2026

Listed (Active)

REALTRACS #3510979

$599,000
08/16/2024

Closed (Public Record)

Public Record #1538956407

$503,000

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

Public Records for 578 Withrow Road

Taxable ValueLand$11,440Additions$118,000Total$129,440
Tax Record2025$1,596 ($133 / month)
Home Facts
Total Finished SqFt5,832 SqFtAbove Grade Finished SqFt3,888 SqFtFinished Basement SqFt1,944 SqFtStories1Lot Size43,560 SqFtStyleMulti-Family Res (5+ Units)Year Built1972Year Renovated1992ZoningFARCountyBRADLEYAPN056 115.00 000Fireplace TypeHas Fireplace

Schools near 578 Withrow Road

This home is within Bradley County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Prospect Elementary School
PublicPK to 5

Ocoee Middle School
Public6 to 8

Walker Valley High School
Public9 to 12

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.

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578 Withrow Road is a multi-family home for sale in McDonald, TN 37353. This property was listed for sale on August 13, 2026 by Greater Chattanooga Realty, Keller Williams Realty, it's currently listed at $599,000. It has been on the market for a total of 1 days and was last sold on August 16, 2024. This listing's school district is Bradley County School District. Nearby schools include Prospect Elementary School, Ocoee Middle School and Walker Valley High School. 578 Withrow Road is a 5-bed, 4-bath, 3,888 sqft multi-family home built in 1972.

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 Greater Chattanooga Realty, Keller Williams Realty, Gina Shumway (770.686.9366)

Based on information submitted to the MLS GRID as of 08/13/2026 07:15 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.