204 Arrants Road, Decatur, TN 37322 (MLS# 1513700)

204 Arrants Road, Decatur, TN 37322

$1,150,000

Property Type: Residential Income Square Footage: 8,064 Lot Size (sq. ft.): 41,818 Status: Active

Current Price: $1,150,000 List Date: 5/28/2025 Last Modified: 8/14/2025

Overview

Description

Income-Producing 9-Unit Investment Opportunity. All units are separately metered. Located directly across from Meigs County High School, this well-positioned multi-family property is a valuable addition to any portfolio. With nearly all units currently occupied and under professional management, this opportunity offers immediate cash flow and long-term potential. Don't miss your chance to invest in a high-demand area—contact your favorite REALTOR® today to schedule a private showing and take the next step in growing your investment portfolio. All information is deemed reliable but not guaranteed. Buyers are advised to independently verify all details.

Listing Details MLS# 1513700

General Property Information

Number Of Units Total: 9
Stories: 2
Living Area: 8064
Living Area Source: Tax Records
Enhanced Accessible: No
Year Built: 1996
New Construction YN: No
Lot Size Acres: 0.96
Lot Size Square Feet: 41817.6
Association YN: No
View YN: No
Waterfront YN: No
Basement YN: No
Fireplace YN: No
Senior Community YN: No
Sign On Property YN: No
List Price/SqFt: 142.61

Property Features

Cooling: Central Air; Electric Listing Terms: Cash; Conventional Parking Features: Concrete; Off Street Patio And Porch Features: Rear Porch Possession: Close Of Escrow; Subject To Tenant Rights Sewer: Public Sewer Water Source: Public Lock Box Type: None Documents: TN Prop Cond Disc or Exempt

Contract Information

Auction YN: No
Listing Contract Date: 2025-05-28
Equitable Ownership Interest Listing: No
Property Sub Type: Multi Family

Location Tax and Legal

Street Number: 204
Street Name: Arrants
Street Suffix: Road
County: Meigs
State: TN
Postal Code: 37322
Subdivision Name: None

Remarks and Miscellaneous

Public Remarks: Income-Producing 9-Unit Investment Opportunity. All units are separately metered. Located directly across from Meigs County High School, this well-positioned multi-family property is a valuable addition to any portfolio. With nearly all units currently occupied and under professional management, this opportunity offers immediate cash flow and long-term potential. Don't miss your chance to invest in a high-demand area—contact your favorite REALTOR® today to schedule a private showing and take the next step in growing your investment portfolio. All information is deemed reliable but not guaranteed. Buyers are advised to independently verify all details.
Directions: Start by heading north on US-27 from Chattanooga. Merge onto TN-60 W toward Decatur. Continue straight until you reach State Route 58 N/TN-58 N. Turn right onto TN-58 N and follow it into Decatur. Turn left onto Arrants Ave. 204 Arrants Ave will be on your right.

Status Change Information

Major Change Timestamp: 2025-08-14T17:46:01Z
Major Change Type: Price Reduced
Price Change Timestamp: 2025-08-14T17:46:01Z
Status Change Timestamp: 2025-05-28

More Information

Unit 1

Unit Number: Yes
Actual Rent: 850
Unit SqFt: 896
Total Full Baths: Yes
Total Half Baths: Yes
Efficiency: No
Furnished: Partially
Den: No
Kitchen: Yes
Living Room: Yes
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: n/a

Unit 2

Unit Number: 2
Actual Rent: 800
Unit SqFt: 896
Total Full Baths: Yes
Total Half Baths: Yes
Efficiency: No
Furnished: Partially
Den: No
Kitchen: Yes
Living Room: Yes
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: n/a

Unit 3

Unit Number: 3
Actual Rent: 775
Unit SqFt: 896
Total Full Baths: Yes
Total Half Baths: Yes
Efficiency: No
Furnished: Partially
Den: No
Kitchen: Yes
Living Room: Yes
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: N/A

Unit 4

Unit Number: 4
Unit SqFt: 896
Total Full Baths: Yes
Total Half Baths: Yes
Efficiency: No
Furnished: Partially
Den: No
Kitchen: Yes
Living Room: Yes
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: Vacant
Actual Rent: 0

Unit 5

Unit Number: 5
Actual Rent: 825
Unit SqFt: 896
Total Full Baths: Yes
Total Half Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: No
Kitchen: Yes
Living Room: Yes
Separate Dining: No
Microwave: Yes
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: N/A

Unit 6

Unit Number: 6
Unit SqFt: 896
Total Full Baths: Yes
Total Half Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: No
Kitchen: Yes
Living Room: Yes
Separate Dining: No
Microwave: No
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: Vacant
Actual Rent: 0

Unit 7

Unit Number: 7
Actual Rent: 800
Unit SqFt: 896
Total Full Baths: Yes
Total Half Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: No
Kitchen: Yes
Living Room: Yes
Separate Dining: No
Microwave: No
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: Rented to family

Unit 8

Unit Number: 8
Actual Rent: 950
Unit SqFt: 896
Total Full Baths: Yes
Total Half Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: No
Kitchen: Yes
Living Room: Yes
Separate Dining: No
Microwave: No
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: N/A

Unit 9

Unit Number: 9
Actual Rent: 950
Unit SqFt: 896
Total Full Baths: Yes
Total Half Baths: Yes
Efficiency: No
Furnished: Unfurnished
Den: No
Kitchen: Yes
Living Room: Yes
Separate Dining: No
Microwave: No
Refrigerator: Yes
Stove: Yes
Washer Dryer Hookups: Yes
Unit Remarks: N/A

License Number Info

Listing Agent’s State of Licensure: TN
Listing Agent’s License Number: 359473
Listing Office’s State of Licensure: TN
Listing Office’s License Number: 265325

Location, Tax, and Legal

Parcel Number: 042f A 006.02
Office Exclusive: No
Elementary School: Meigs North Elementary
Middle Or Junior School: Meigs County Middle
High School: Meigs County High
Tax Annual Amount: 3915.52
Tax Legal Description: off record
Deed Book: 229
Deed Page: 52
Additional Parcels YN: No

Listing Terms

Cash: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes
Electric: Yes

Parking Features

Concrete: Yes
Off Street: Yes

Patio And Porch Features

Rear Porch: Yes

Lock Box Type

None: Yes

Documents

TN Prop Cond Disc or Exempt: Yes

Documents

TN Prop Cond Disc or Exempt ›

Confirmation of Agency ›

Listing Office: Rogue Real Estate Company llc

Last Updated: August - 14 - 2025

Information deemed reliable but not guaranteed.