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Property view

7632 Mallette Road, 
Chattanooga, TN 37416

$229,000


3

Beds


2

Baths


1,188

Sq Ft


Single Family

Active

Listed by

Philip H Lancaster

Rock Point Real Estate

423-752-0709

Last updated:

May 31, 2025, 02:26 PM

MLS#

1512005

Source:

TN CAR

About This Home

7632 Mallette Road

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.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1965

Price Summary

229,000

$192 per Sq. Ft.

MLS #:

1512005

Last Updated:

May 31, 2025, 02:26 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

1,188 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

1,188 Sq. Ft.

Year Built:

1965


Lot

Lot Size (Sq. Ft):

17,424


Finances & Disclosures

Finances

Price:

$229,000

Price per Sq. Ft:

$192 per Sq. Ft.

Source:TN CAR
The information being provided by Greater Chattanooga Association of Realtors is for the consumer’s 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 information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Greater Chattanooga Association of Realtors All rights reserved.

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