2206 Kirby Ave

Chattanooga, TN 37404
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3 bd, 2 ba | 1,413 sqft | Built in 1900

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List Price
$249,000

Initial Investment

$67,853

Purchase Price

$249,000

Down Payment

25%

Rent

$1,910

Total Return

$148,072

Annualized Return

27.1%

Cap Rate

6.6%

Gross Yield

9.2%

Cash Flow

$2,067

Appreciation

9.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,752

HOA

None

Flood Risk

Not Required

This beautiful historic home is almost finished! It's been on a huge remodel journey with all city permits pulled, this place has been gutted and brought back to its former glory - only the finish work remains. Priced to sell - this 3 bedroom 2 full bathroom home in a perfect location! If you're looking for a home for yourself, come finish the project and have equity in your pocket. If you're looking for an investment project this is the one, all the guess work has been removed and the final steps are just waiting to be finished. Tour this one today while you can!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Agent License #337885

Annual Financial Highlights

Expected Rent

$21,774

Expenses

-$3,920

Property Taxes

-$2,250

Loan Payments

-$13,537

Net Cash Flow

$2,067

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Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Similar Listings



Listing Courtesy of:Jeremiah Reynolds
Agent License 328562
Horizon Sotheby's International Realty
Certified Agent Brokerage:Tracy Denton
eXp Realty LLC (Tracy Denton)
TN Brokerage License 262943
SourceGreater Chattanooga Association of Realtors, Inc. CMLS (CIE)
MLS #1510689
Last Updated: 07/16/2025 15:07
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