$925,000

164-190 Poteet Rd Chatsworth, GA 30705

$10,000
Closing credit¹
840 sqft
2.8 acres
$1,101 / sqft
Multi-Family

Property details

About 164-190 Poteet Rd

Incredible Multifamily Portfolio with Development Opportunity on Poteet Road Discover a unique chance to own a bundled investment property portfolio with immense earning potential. Nestled at the foot of the picturesque Grassy Mountain, this 2.75-acre estate boasts three income-generating properties with nearly 200 feet of serene creek frontage. Plenty of acreage to develop additional multifamily, short-term or long-term rentals. Here's what's included: 164 Poteet (Single-Family Home) • 2 Bed, 2 Bath with an in-ground swimming pool • Currently rented for $1,800/month • Spacious acreage with potential for additional rentals 190 Poteet (Duplex) Two units, each 2 Bed, 1 Bath (840 sq. ft. per unit) • Current rents are $500 and $800/month (below market) 168 Poteet (Triplex - New Construction) • New construction with three units: • 2 units are 2 Bed, 1.5 Bath • 1 unit is 2 Bed, 1 Bath • Rented for $1,150, $1,250, and $1,300/month Financial Highlights: • Gross Yearly Rent: $81,600 • Upside Potential: Opportunity to bring rents to market rate and develop the extra acreage for short- or long-term rentals. Details: • Tenant-occupied: Showings available after an accepted offer. • All three properties are sold as a package and will not be separated. Don't miss out on this rare investment opportunity with multiple income streams and significant growth potential. All offers will be reviewed!

Highlights

Home typeTriplex
HeatingCentral
StatusActive
CoolingCentral Air
Size840 sqft
Lot size2.75 Acres
Year builtNew Const., 1984
ParkingAsphalt, Gravel
MLS #1503832
WaterfrontCreek
ViewCreek/Stream, Mountain(s)

Summary

  • MLS Number: 1503832
  • MLS Name: Greater Chattanooga REALTORS®
  • Office Name: Berkshire Hathaway HomeServices Realty Center
  • Office Phone: (423) 756-9999
  • Office Email: byronk@realtycenter.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property exterior

$925,000

164-190 Poteet Rd

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

6

Eton Elementary School

Public District PK-6

3.3 mi

829 Highway 286

6

Northwest Elementary School

Public District PK-6

3.5 mi

110 McEntire Cir

6

Woodlawn Elementary School

Public District PK-6

4.9 mi

4580 Highway 225 N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,223. The majority of Chatsworth, GA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

42%
<35k
48%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
14%
Single, with Kids
31%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
45%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • NASCARNASCAR
  • HuntingHunting

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 164-190 Poteet Rd in Chatsworth, GA and zip code 30705. This 840 square foot home, which was built in 1984, sits on a 2.75 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 29, 2024 and is currently priced at $925,000.

Over 2 listings were sold over their listed price in February 2025 in Chatsworth, GA. In the same period over 10 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Chatsworth, GA increased by 8.6% between January and February 2025. While the average time on the market in February 2025 was 49 days, the median list price was $260,000.

From Rocket Homes Real Estate and based on county public records data.

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