7632 Mallette Rd
Chattanooga, TN 37416

$200,000

Last Sold Price

Beds

Baths

1,188 Sq. Ft.

$168 / Sq. Ft.

1,188

Sq. Ft.

$168

per Sq. Ft.

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Closed 8/1/25

Description

Proven income property. This solid income-producing asset is located just off of Bonny Oaks Dr., a major traffic artery with quick access to highways, Hamilton Mall, Hixson, Chickamauga Lake, Harrison Bay, and downtown Chattanooga. Always a quick-to-lease rental with a reliable income stream. Current tenant pays $1,350 rent on a month-to-month lease. Cap rate in 2024 was 5.1%. Updated electrical panel to be completed in June 2025. Seller has several additional income properties for sale in Chattanooga...Proven income property. This solid income-producing asset is located just off of Bonny Oaks Dr., a major traffic artery with quick access to highways, Hamilton Mall, Hixson, Chickamauga Lake, Harrison Bay, and downtown Chattanooga. Always a quick-to-lease rental with a reliable income stream. Current tenant pays $1,350 rent on a month-to-month lease. Cap rate in 2024 was 5.1%. Updated electrical panel to be completed in June 2025. Seller has several additional income properties for sale in Chattanooga and is open to negotiating a package deal. PHOTOS: The only interior photos we have currently are branded with our watermark and so cannot be published on the MLS. You may request those be sent by email. NOTE RE ACCESS: Since this is an occupied rental property access for a walk-thru can only be granted within 3 days of an accepted offer with a walk-thru contingency.

Listed by Philip Lancaster • Rock Point Real Estate

Property Details for 7632 Mallette Road

Architectural Style

Ranch

Waterfront

LISTING UPDATED: 08/07/2025 09:40 AM

Property Details for 7632 Mallette Road

Status	Closed
MLS #	1512005
Days on Market	65
Taxes	$1,244 / year
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Single Family
MLS Type	Residential / Single Family Residence
Year Built	1965
Lot Size	0.40 AC / 17,550 SF
County	Hamilton County

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Location

Listing Courtesy of Rock Point Real Estate, Philip Lancaster (423.400.0101)

Sold By BHHS Southern Routes Realty, Robin Garner (256.996.1640)

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Building Information for 7632 Mallette Road

Stories-Year Built1965Building Size-Lot Size0.40 AC / 17,550 SF

Payment Calculator

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$1,111 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,007

Property Taxes

$104

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 7632 Mallette Road

Summary

Location and General Information

City: Chattanooga
County Or Parish: Hamilton

Directions: Hwy. 153 to east on Bonny Oaks Dr., right on Noah Reid Rd., right on Mildred Ln., left on Mallette Rd. to home on left.
Latitude: 35.071466
Longitude: -85.172603
Postal Code: 37416
State Or Province: TN
Subdivision Name: Jenkins Charles E

Taxes and HOA

Tax Legal Description: LT C CHARLES E JENKINS REV PB22 PG5 6
Additional Parcels: No

Parcel Number: 129n F 013
Association Fee: $0
Association: No
Tax Annual Amount: $1,244

School Information

Middle Or Junior School: Tyner Middle Academy
High School: Tyner Academy

Elementary School: Bess T. Shepherd Elementary

Parking

Garage: No
Attached Garage: No

Carport Spaces: 1.0

Property

Lot Information

Lot Size Dimensions: 90X195
Lot Size Acres: 0.4

Living Area Source: Tax Records
Lot Size Square Feet: 17550.0
Building Area Total: 1188.0
Lot Size Units: Acres
Living Area: 1188.0

Property and Assessments

Property Type Label: Residential
New Construction: No

Home Warranty: No
Floor Plans Count: 0
Year Built: 1965
Property Type: Residential,Single Family Residence
Property Sub Type: Single Family Residence
Improvements : Driveway: Yes

Utilities

Water Source: Public
Utilities: Cable Available, Sewer Connected, Water Connected

Interior and Exterior Features

Exterior Features

Senior Community: No
Construction Materials: Brick

Parking Features: Driveway, Off Street
Exterior Features: None

Interior Features

Fireplace: No
Bedrooms Total: 3

Bathrooms Full: 1
Bathrooms Half: 1
Appliances: Refrigerator, Electric Range
Rooms Total: 0
Bathrooms Total Integer: 2
Bathrooms Total Decimal: 1.5
Bathrooms Total Notational: 1.1
Cooling: Yes
Heating: Yes
Foundation Details: Block
Cooling: Central Air
Heating: Central
Green Features : Central Air: Yes
Cooling : Central: Yes

Property History for 7632 Mallette Road

Date	Event & Source	Price	Appreciation
Aug 1, 2025	Closed (Public Record) Public Record #1907453752	$200,000	+16.2% / yr
Aug 1, 2025	Closed Greater Chattanooga Association of REALTORS #1512005	$200,000	—
Jul 3, 2025	Contract - Not Showing Greater Chattanooga Association of REALTORS #1512005		—
Jul 3, 2025	Contract - Showing Greater Chattanooga Association of REALTORS #1512005		—
Jul 3, 2025	Price Change Greater Chattanooga Association of REALTORS #1512005	$260,000	—
May 28, 2025	Price Change Greater Chattanooga Association of REALTORS #1512005	$229,000	—
May 28, 2025	Price Change Greater Chattanooga Association of REALTORS #1512005	$260,000	—
May 16, 2025	Price Change Greater Chattanooga Association of REALTORS #1512005	$252,000	—
Apr 30, 2025	Listed (Active) Greater Chattanooga Association of REALTORS #1512005	$260,000	—
Sep 1, 2016	Closed (Public Record) Public Record #580368868	$52,341	-54.6% / yr
Sep 1, 2016	Closed Greater Chattanooga Association of REALTORS #1248469	$52,341	—
Sep 1, 2016	Closed Greater Chattanooga Association of REALTORS #1248469	$52,341	—
Jul 7, 2016	Contract - Not Showing Greater Chattanooga Association of REALTORS #1248469		—
Jul 7, 2016	Contract - Not Showing Greater Chattanooga Association of REALTORS #1248469		—
Jun 27, 2016	Listed (Active) Greater Chattanooga Association of REALTORS #1248469	$55,000	—
Jun 27, 2016	Listed (Active) Greater Chattanooga Association of REALTORS #1248469	$55,000	—
Feb 9, 2016	Closed (Public Record) Public Record #573263894	$81,500	+1.0% / yr
Jun 27, 2007	Closed (Public Record) Public Record #245837336	$74,500	+20.0% / yr
Feb 22, 2007	Closed (Public Record) Public Record #245826904	$70,000	—
Feb 16, 1995	Closed Greater Chattanooga Association of REALTORS #945034	$57,550	—
Feb 16, 1995	Closed Greater Chattanooga Association of REALTORS #945034	$57,550	—
Feb 16, 1995	Contract - Not Showing Greater Chattanooga Association of REALTORS #945034		—
Feb 16, 1995	Contract - Not Showing Greater Chattanooga Association of REALTORS #945034		—
Sep 13, 1994	Listed (Active) Greater Chattanooga Association of REALTORS #945034	$57,900	—
Sep 13, 1994	Listed (Active) Greater Chattanooga Association of REALTORS #945034	$57,900	—

Date	Event & Source	Price
08/01/2025	Closed (Public Record) Public Record #1907453752	$200,000 +16.2% / yr
08/01/2025	Closed Greater Chattanooga Association of REALTORS #1512005	$200,000
07/03/2025	Contract - Not Showing Greater Chattanooga Association of REALTORS #1512005	—
07/03/2025	Contract - Showing Greater Chattanooga Association of REALTORS #1512005	—
07/03/2025	Price Change Greater Chattanooga Association of REALTORS #1512005	$260,000
05/28/2025	Price Change Greater Chattanooga Association of REALTORS #1512005	$229,000
05/28/2025	Price Change Greater Chattanooga Association of REALTORS #1512005	$260,000
05/16/2025	Price Change Greater Chattanooga Association of REALTORS #1512005	$252,000
04/30/2025	Listed (Active) Greater Chattanooga Association of REALTORS #1512005	$260,000
09/01/2016	Closed (Public Record) Public Record #580368868	$52,341 -54.6% / yr
09/01/2016	Closed Greater Chattanooga Association of REALTORS #1248469	$52,341
09/01/2016	Closed Greater Chattanooga Association of REALTORS #1248469	$52,341
07/07/2016	Contract - Not Showing Greater Chattanooga Association of REALTORS #1248469	—
07/07/2016	Contract - Not Showing Greater Chattanooga Association of REALTORS #1248469	—
06/27/2016	Listed (Active) Greater Chattanooga Association of REALTORS #1248469	$55,000
06/27/2016	Listed (Active) Greater Chattanooga Association of REALTORS #1248469	$55,000
02/09/2016	Closed (Public Record) Public Record #573263894	$81,500 +1.0% / yr
06/27/2007	Closed (Public Record) Public Record #245837336	$74,500 +20.0% / yr
02/22/2007	Closed (Public Record) Public Record #245826904	$70,000
02/16/1995	Closed Greater Chattanooga Association of REALTORS #945034	$57,550
02/16/1995	Closed Greater Chattanooga Association of REALTORS #945034	$57,550
02/16/1995	Contract - Not Showing Greater Chattanooga Association of REALTORS #945034	—
02/16/1995	Contract - Not Showing Greater Chattanooga Association of REALTORS #945034	—
09/13/1994	Listed (Active) Greater Chattanooga Association of REALTORS #945034	$57,900
09/13/1994	Listed (Active) Greater Chattanooga Association of REALTORS #945034	$57,900

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

Public Records for 7632 Mallette Road

Taxable ValueLand-Additions-Total-

Tax Record2025$708 ($59 / month)

Home Facts

Beds0Total Finished SqFt1,188 SqFtAbove Grade Finished SqFt1,188 SqFtStories1Lot Size17,550 SqFtStyleSingle Family ResidenceYear Built1965Year Renovated1978ZoningR1CountyHAMILTONAPN129N F 013

Schools near 7632 Mallette Road

This home is within Hamilton County School District.


Rating	School	Type	Grades	Distance
5/10	Bess T Shepherd Elementary School	Public - Serves this home	PK to 5	1.7 mi
4/10	Tyner Middle Academy	Public - Serves this home	6 to 8	1.3 mi
5/10	Tyner Academy	Public - Serves this home	9 to 12	1.3 mi
4/10	Hamilton County Virtual School	Public - Nearby school	K to 12	1.0 mi
NR	Lakeside Academy	Public - Nearby school	PK to 5	1.4 mi
8/10	Chattanooga School For The Liberal Arts	Public - Choice school	K to 12	1.4 mi


Rating	School	Distance
5/10	Bess T Shepherd Elementary School PublicPK to 5 Serves this home	1.7 mi
4/10	Tyner Middle Academy Public6 to 8 Serves this home	1.3 mi
5/10	Tyner Academy Public9 to 12 Serves this home	1.3 mi
4/10	Hamilton County Virtual School PublicK to 12 Nearby school	1.0 mi
NR	Lakeside Academy PublicPK to 5 Nearby school	1.4 mi
8/10	Chattanooga School For The Liberal Arts PublicK to 12 Choice school	1.4 mi

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rock Point Real Estate, Philip Lancaster (423.400.0101)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 08/07/2025 09:40 AM

7632 Mallette RdChattanooga, TN 37416

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7632 Mallette Rd
Chattanooga, TN 37416