$500,000

10 Fountain Circle, Chattanooga, TN 37412

  • 3,700 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.7acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $135/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This 4-unit, two-duplex investment offers a rare opportunity to acquire a well-positioned multifamily property with strong fundamentals. Located at 10 Fountain Circle, Units A, B, C, and D each feature 2 bedrooms and 1 bathroom, creating a highly desirable and easy-to-rent unit mix. All units are separately metered, with the exception of Units C and D, which share a common water line. Tenants are responsible for their own utilities; water for Units C and D remains in the landlord's name and is billed back to tenants for reimbursement. Several units have been upgraded with new HVAC systems, reducing near-term maintenance costs and improving overall operational efficiency. The property is ideally situated just 10 minutes from downtown Chattanooga and Hamilton Place Mall, and approximately 15 minutes from the Chattanooga Airport. Generous yard space and a large parking area provide ample off-street parking, while the setting offers a rare blend of convenience and privacy. This combination of location, functionality, and low-maintenance improvements drives consistent rental demand and makes for a reliable, easy-to-manage investment. Additionally, buyers have the option to purchase a larger 6-unit, three-duplex package at a reduced price. This expanded offering includes 10 Fountain Circle and 3711 Fountain Avenue, spanning two adjoining lots totaling approximately 1.05 acres. At 3711 Fountain Avenue, Unit A offers 4 bedrooms and 2 bathrooms, while Unit B features 2 bedrooms and 1 bathroom.

Listing Status:
Active
Date Added:
January 7, 2026
Data Last Updated:
February 8, 2026 at 2:37PM
Listing Office:
Keller Williams Realty : 423-664-1900
MLS ID:
1526155
  • General: Ceiling Fan(s)
  • Appliances: Electric RangeElectric Water HeaterMicrowaveRefrigerator
  • Laundry: Electric Dryer HookupWasher Hookup
  • Flooring: CarpetLaminateLinoleum
  • A/C: Central Air
  • Heating: Central
  • General: Private EntrancePrivate YardOther
  • Other Structures: Other
  • Pool: None
  • Parking: AsphaltDrivewayParking Lot
  • Roofing: Shingle
  • Windows: Aluminum Frames
  • General: Vinyl SidingWood SidingOneBlockSlab
  • Road/Access: City Street
  • Golf: None
  • Originating MLS: Greater Chattanooga REALTORS®
  • County: Hamilton
  • Zoning: PT LOTS 12 & 16 MINNIE D WOODSON ET AL TRACT PB 14 PG 145157p E 013
  • Fencing: NonePrivacy
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Greater Chattanooga REALTORS®

Presented by Veterans United Realty

This listing courtesy of Keller Williams Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

East Ridge Elementary School

1014 John Ross Rd, Chattanooga, TN, 37412

Grades PK-5

0.75 miles away

E

East Ridge Middle School

4400 Bennett Rd, Chattanooga, TN, 37412

Grades 6-8

1.37 miles away

E

East Ridge High School

4320 Bennett Rd, Chattanooga, TN, 37412

Grades 9-12

1.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.