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7437 Private Lane, 
Ooltewah, TN 37363

$1,700,000

22

Beds

16

Baths

10,136

Sq Ft

Multi-Family

Active

Listed by

Jackson Malcolm

Keller Williams Realty

423-664-1900

Last updated:

August 23, 2026, 02:52 PM

MLS#

1541265

Source:

TN CAR

About This Home

7437 Private Lane

16-unit multifamily investment opportunity in Ooltewah, Tennessee. Firefly Acres consists of two apartment buildings offering a mix of one- and two-bedroom units, with 94% occupancy and an established rental history. Units feature a combination of updates including LVT flooring, fresh paint, and washer/dryer hookups. The property provides an established income stream, with trailing 12-month total income of approximately $200,000. Additional upside exists through continued rent growth as leases renew and units turn, along with supplemental revenue from pet fees and other tenant charges. With 16 units concentrated in one location, Firefly Acres offers investors meaningful multifamily scale in the growing Ooltewah market. Financial statements, current rent roll, operating information, and additional due diligence materials are available to qualified buyers upon request. Please do not disturb tenants.

Home Facts

Multi-Family

16 Baths

22 Bedrooms

Built in 1980

Subdivision & Development:

Lee Acres

Price Summary

1,700,000

$167 per Sq. Ft.

MLS #:

1541265

Last Updated:

August 23, 2026, 02:52 PM

Added:

5 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

22

Bathrooms

Total Bathrooms:

16

Full Bathrooms:

16

Interior

Living Area:

10,136 Sq. Ft.

Structure

Structure

Building Area:

10,136 Sq. Ft.

Year Built:

1980

Lot

Lot Size (Sq. Ft):

60,984

Finances & Disclosures

Finances

Price:

$1,700,000

Price per Sq. Ft:

$167 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. © 2026 Greater Chattanooga Association Of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.