$745,000

Multi Family In Fort Oglethorpe

  • 8 Beds
  • 8 Baths
  • 5,004 Sqft
  • 1,743 Sqft lot
  • Updated: July 1
  • Source:
    Greater Chattanooga REALTORS  MLS#1529108

About the Property

Step into living history at 309 Barnhardt Circle, a rare opportunity to own a piece of Fort Oglethorpe’s military past. Built in 1915 as the original Band Barracks, this remarkable property once housed 28 members of the post’s military band and was electrified in 1920, a modern marvel for its time.

The iconic center fields of Barnhardt Circle were historically used for cavalry training an
Step into living history at 309 Barnhardt Circle, a rare opportunity to own a piece of Fort Oglethorpe’s military past. Built in 1915 as the original Band Barracks, this remarkable property once housed 28 members of the post’s military band and was electrified in 1920, a modern marvel for its time.

The iconic center fields of Barnhardt Circle were historically used for cavalry training and even hosted polo matches, making this location not just historic, but legendary.

Today, the property operates as a fully occupied 7-unit multi-family investment featuring:
• 4 spacious one-bedroom apartments
• 3 charming studio residences
• Gross annual rents exceeding $87,500
• Zoned R-3 Residential

Positioned steps from the 9,000+ acre Chickamauga Battlefield, this location offers unmatched walkability in one of the area’s most sought-after historic districts. Residents enjoy proximity to shopping and dining in Fort Oglethorpe, with convenient access to Rossville and Chickamauga.

Investment Highlights:
• All units currently occupied with strong tenant demand
• Stable cash flow with upside potential
• Opportunity to increase rents by adding in-unit washer/dryers (currently located in basement)
• Large attic and basement offering additional build-out potential
• Ample rear and off-street parking
• Covered front porch overlooking the historic ballfields

This property blends stable income with irreplaceable historic character, an ideal acquisition for a seasoned investor or a turnkey 1031 exchange opportunity. Properties with this level of provenance rarely become available.

Own a piece of military history while securing reliable returns in one of North Georgia’s most distinctive historic corridor
  • Property type

    Other

  • Floors

    2

  • Year built

    1915

  • Price/sqft

    $148

Features

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Fort Oglethorpe, Georgia, United States View on Google Maps
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REAL Broker - Knoxville

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REAL Broker - Knoxville
Tennessee, United States
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16
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2026
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REAL Broker - Knoxville
Knoxville, Tennessee, United States
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Last updated
July 1
First listed
Apr 15
Listing reference
1529108
Listing status
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