$4,334 Closing Credit¹
#1393921, Listing Office: LPT Realty LLC
Property details
About 520 S Holly St
This 16-unit rental portfolio (12 single family and 2 duplexes) offers a prime investment opportunity in the rapidly growing Chattanooga market. The portfolio includes a mix of properties, including two duplexes, all within a 10-mile radius and just 20 minutes from downtown Chattanooga. All units feature new siding, roofs, flooring, lighting, interior paint, and appliances. The properties are 100% occupied, some are Section 8 and others with potential to flip to Section 8 if desired, providing stable and reliable rental income. Located in areas experiencing strong appreciation, these properties are poised for future value growth. This portfolio is perfect for investors looking for a turnkey operation with strong cash flow and long-term appreciation potential. Occupancy status subject to change.
Highlights
Home typeOther
HeatingCentral
StatusActive
CoolingCentral Air
Size14,869 sqft
Year built1960
MLS #2694476
ViewCity
Summary
- MLS Number: 2694476
- MLS Name: REALTRAC
- Office Name: Compass RE
- Office Phone: (615) 487-2100
- Listing Agent: Jamie Brandenburg
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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.
© 2025 of the REALTRACS MLS. All rights Reserved.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/25/2025, 2:18:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,649,000
520 S Holly St
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 06, 2021 | Home Sold | $183,000 |
| Apr 21, 2017 | Home Sold | $85,000 |
| Dec 11, 2006 | Home Sold | $86,500 |
| Jan 30, 2004 | Home Sold | $70,000 |
| Jan 30, 2003 | Home Sold | $55,000 |
| Oct 25, 2001 | Home Sold | $40,000 |
| Mar 26, 1999 | Home Sold | $28,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $52,640 | $1,177 |
| 2022 | $52,640 | $1,177 |
| 2021 | $52,640 | $1,367 |
| 2020 | $33,520 | $2,529 |
| 2019 | $33,520 | $926 |
History based on county public records data.
Nearby schools
2
Orchard Knob Elementary School
Public District PK-5
0.6 mi
•400 N Orchard Knob Ave
4
East Side Elementary School
Public District KG-5
0.9 mi
•1603 S Lyerly St
4
Chattanooga Charter School of Excellence
Public Charter KG-5
1.1 mi
•2029 E 23rd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,000. The majority of Chattanooga, TN residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
60%
<35k
18%
35k-100k
16%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
64%
Single, No Kids
12%
Single, with Kids
13%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
36%
18-34 yrs old
35%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
UFC
Continuing Education Courses
Soccer
Where do the neighbors shop?
Family Dollar
Express/Express For Men
Forever 21
Where do the neighbors go to eat?
Burger King
Qdoba
Dominos Pizza
What do the neighbors drive?
Buick
Volkswagen
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 520 S Holly St
This home is located at 520 S Holly St in Chattanooga, TN and zip code 37404 in the Highland Park neighborhood. This 14,869 square foot home was built in 1960. Features: 0 bathroom. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $2,649,000.
Over 31 listings were sold over their listed price in January 2025 in Chattanooga, TN. In the same period over 163 listings were sold below the listed price and 66 listings were sold for the listed price. Between December and January 2025, Chattanooga, TN real estate market has seen decrease in the number of listings by 0.8%. In January 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $330,891.
From Rocket Homes Real Estate and based on county public records data.