$3,313 Closing Credit¹
#1506029, Listing Office: Opendoor Brokerage LLC
$260,000 List price
7632 Mallette Rd Chattanooga, TN 37416
$3,088
Closing credit¹
3 beds
1 full, 1 partial
1,188 sqft
0.4 acres
$219 / sqft
House
Property details
About 7632 Mallette Rd
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%. Seller has several additional income properties for sale in Chattanooga and is open to negotiating a package deal. 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.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,188 sqft
Lot size0.4 Acres
Year built1965
ParkingDriveway, Off Street
MLS #1512005
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Refrigerator, Electric Range
- Basement: No
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Driveway, Off Street
- Exterior: None
- Architectural Style: Ranch
- Heating: Central
- Cooling: Central Air
- List Price: $260,000
- Price/SqFt: $218
- Annual Tax Amount: $620
- Tax Year: 2023
- 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.
- Year Built: 1965
- Living Area: 1,188 SqFt
- Lot Size: 0.4 Acres
- MLS Number: 1512005
- MLS Name: Greater Chattanooga REALTORS®
- Office Name: Rock Point Real Estate
- Office Phone: (423) 752-0709
- Office Email: philip@rockpointrealestate.com
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: 5/2/2025, 9:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$260,000
7632 Mallette Rd
$3,088
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 02, 2016 | Home Sold | $52,341 |
| Jun 03, 2016 | Home Sold | $81,500 |
| Jun 28, 2007 | Home Sold | $74,500 |
| Feb 23, 2007 | Home Sold | $70,000 |
| May 01, 1997 | Home Sold | $57,550 |
| Apr 17, 1996 | Home Sold | $57,550 |
| Feb 22, 1995 | Home Sold | $57,550 |
| Jul 17, 1992 | Home Sold | $49,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $27,725 | $620 |
| 2022 | $27,725 | $620 |
| 2021 | $27,725 | $1,427 |
| 2020 | $21,725 | $1,411 |
| 2019 | $21,725 | $600 |
| 2017 | $21,725 | $600 |
History based on county public records data.
Nearby schools
4
Bess T. Shepherd Elementary School
Public District KG-5
1.7 mi
•7126 Tyner Rd
2
Harrison Elementary School
Public District PK-5
3.1 mi
•5637 Highway 58
4
East Brainerd Elementary School
Public District PK-5
3.5 mi
•3350 Brentwood Cove Dr
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 $23,407. Typical income of Chattanooga, TN residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
66%
<35k
30%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
47%
Single, No Kids
22%
Single, with Kids
19%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
28%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Figure Skating
Pro Wrestling
Where do the neighbors shop?
Academy Sports & Outdoors
Kmart
Wal-Mart
Where do the neighbors go to eat?
Little Caesars
Bob Evans
Sonic
What do the neighbors drive?
Chevrolet
Buick
Oldsmobile
What do the neighbors listen to?
Country
Oldies- Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7632 Mallette Rd
The listing price of 7632 Mallette Rd property is $260,000.
The property 7632 Mallette Rd is a house located in Chattanooga, Tennessee, 37416.
Active Listing: 7632 Mallette Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7632 Mallette Rd are: Bess T. Shepherd Elementary School (GreatSchools Rating 4/10), Harrison Elementary School (GreatSchools Rating 2/10), East Brainerd Elementary School (GreatSchools Rating 4/10), Tyner Middle Academy (GreatSchools Rating 3/10), Brown Middle School (GreatSchools Rating 4/10), Dalewood Middle School (GreatSchools Rating 2/10), Hamilton County Virtual School (GreatSchools Rating 3/10), Tyner Academy (GreatSchools Rating 4/10), Central High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $620 (source: MLS/based on county public records data).
The last sale was on September 2, 2016 for $52,341 (source: MLS/tax record).
The property at 7632 Mallette Rd has 3 bedrooms and 1 full and 1 half bathrooms.
The property 7632 Mallette Rd is 1,188 SqFt (source: MLS/tax record).
The year of construction for 7632 Mallette Rd is 1965.
This home is located at 7632 Mallette Rd in Chattanooga, TN and zip code 37416 in the Tyner / Greenwood neighborhood. This 1,188 square foot home, which was built in 1965, sits on a 0.40 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $260,000.
In April 2025 more than 104 listings in Chattanooga, TN were sold above the asking price. During the same period more than 120 listings were sold at asking price, while more than 214 were sold below. The number of listings in Chattanooga, TN increased by 1.1% between March and April 2025. Listings spent 44 days on the market in April 2025, and had a median list price of $335,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.