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26 Nicole Ln, Ringgold, GA, 30736

24beds
20baths
13,120sqft
$1,800,000
$137price/sqft
$11,480/moest. monthly cost
$459,200/yrincome needed

About This Home

Nicole Villas is a fully occupied multifamily property located at 26 Nicole Lane in Ringgold, Georgia. The community consists of a total of twenty residential units spread across five separate buildings, with four units in each building. Unit mix includes sixteen one-bedroom, one-bathroom units and four two-bedroom, one-bathroom units. The property sits on approximately five acres, offering a rare combination of scale, privacy, and future expansion potential, subject to zoning and approvals. Sixteen of the existing units have been updated, enhancing overall quality, tenant appeal, and long-term durability. The remaining units provide an opportunity for continued improvements over time, allowing a new owner to further elevate the community while maintaining stable occupancy and income. Nicole Villas benefits from a strong tenant base and professional management, resulting in predictable operations and a well-maintained community. The property is positioned as a stabilized, turnkey investment with limited near-term capital expenditure requirements. In addition to solid in-place performance, the expansive acreage offers meaningful long-term upside. The excess land provides flexibility for potential future unit additions or alternative development strategies, making this an especially compelling opportunity for investors seeking both stability and growth. Nicole Villas represents a rare chance to acquire a stabilized multifamily asset with updated units, multiple buildings, land upside, and a clear path for continued value creation in the Ringgold market.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

7/10
8/10
Ringgold Middle SchoolGrades 6-82.7 mi
6/10
Ringgold High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1980

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 24
  • Bathrooms: 20
  • Full bathrooms: 5

Cooling

  • Cooling features: Central Air

Interior Area

  • Total structure area: 13,120
  • Total interior livable area: 13,120 sqft

Property

Details

  • Parcel number: 0036a075

Lot

  • Lot size: 5 Acres

Parking

  • Parking features: Asphalt,Driveway,Off Street,On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Winter Weather
Inland Flooding

FEMA Declared Disasters Across Georgia Counties

Flood
Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,101$109,212
Home Insurance *$175$2,100
Property Taxes $930$11,160
Electricity $1,274$15,296
Total$11,480$137,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$393,600/yr
40% on housing$344,400/yr
45% on housing$306,133/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$137This listing

vs Other Active Listings

Avg $/sqft

ZIP 30736$166
Catoosa County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 30736
Catoosa County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-06Listed for rent$875
2026-03-23Price change$1,800,000
2026-02-15Price change$1,850,000
2026-02-09Price change$1,900,000
2026-01-25Listed for sale$2,000,000

For Sale by Agent

AgentGregory Depasquale
BrokerageReal Estate Partners Chattanooga LLC

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