Chattanooga TN Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
3,313
Status:
NEW LISTING
Beds:
n/a
Year built:
1900
Baths:
MLS#:
2757366
Subdivision:
Johnsons A M

ADDITIONAL INFORMATION

Investment opportunity at the foot of Lookout Mountain in historic Saint Elmo! Originally built circa 1900, this home now has 4, one bedroom, one bath units - 2 up and 2 down. They all boast tons of charm and varying updates throughout, and the roof and gutters were replaced in April 2022. Each unit has nice sized rooms with a kitchen (3 have room for dining/eat-in), a living room, bedroom and a full bath. The units on the main level have direct access to the covered front porch, while the upper units have a secondary rear foyer with steps down to the front porch. This upstairs rear foyer also provides a great space for bicycles, etc. All of the units have their own HVAC units and are separately metered, and the owner pays for water/sewer. Tenants and their guests utilize the parking area in the back and a small patio area for grilling. There is also a convenient laundry room on the back that the tenants share. Located approximately 10 minutes from downtown Chattanooga, these quaint and convenient units have remained rented throughout the seller's ownership; however, one of the tenants recently moved out, and the seller is planning to leave this one temporarily vacant to allow for showings. Showings of the other occupied units will only be allowed once there is a binding agreement in place so as to minimize disruption to the tenants. Please call for more information or to schedule a showing. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

Type:
Duplex
Sq.Ft.:
2,051
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.86 Acres
Year built:
1984
Baths:
MLS#:
1502821

ADDITIONAL INFORMATION

The Wait is OVER! Here you have a well-maintained All-Brick duplex featuring a roof that's less than 5 years old and a relatively new HVAC system. Unit B has a nearly new carpeting (less than a year old) unit A has a Very strong rental history, with a reliable tenant in place for 6 years with 3 months left on his one year lease. The property is ideally located near great schools, just under 5 miles from Hamilton Place Mall and downtown, and less than a mile to the interstate. Both units have been remodeled within the past year, offering excellent potential for generating over $2,500/month in rental income. This property had previous settlement issues in 2017 which was corrected by AFS invoice and explanation in documents. The seller is offering the property AS-IS. For inquiries or to schedule a viewing for the empty unit please reach out through showing system (Broker Bay). Note that the vacant unit will be available for viewing and the rented unit will be available for viewing after an accepted contract.

Type:
Cluster
Sq.Ft.:
1,540
Status:
Active
Beds:
n/a
Year built:
1962
Baths:
MLS#:
2754988
Subdivision:
Woodland Park Addn

ADDITIONAL INFORMATION

Convenient, one-level duplex with strong rents. Newer roof. Great location just off Holtzclaw and Main with lots of new construction in the area. Get in for under $200K. Duplex next door is also for sale under $200K

Type:
Cluster
Sq.Ft.:
1,188
Status:
Active
Beds:
n/a
Year built:
1965
Baths:
MLS#:
2754969
Subdivision:
Woodland Park Addn

ADDITIONAL INFORMATION

Convenient, one-level duplex with strong rents. Newer roof. Great location just off Holtzclaw and Main with lots of new construction in the area. Get in for under $200K. Duplex next door is also for sale under $200K

Type:
Other
Sq.Ft.:
1,454
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1940
Baths:
MLS#:
1502514
Subdivision:
Daro Vista

ADDITIONAL INFORMATION

Discover a fantastic investment opportunity with this updated multi-family property, featuring a main home and a detached apartment. Generating a combined gross rental income of $2,295 per month, this property is perfect for both seasoned investors and those looking to enter the rental market. Both units have been recently renovated, offering modern finishes and appealing amenities that attract quality tenants. The main home boasts two bedrooms and one bathroom, with a spacious layout and a contemporary kitchen and separate dining area. The detached apartment features one bedroom and one bathroom, providing a private living space with its own entrance. Located in a desirable area with convenient access to local amenities, schools, and public transportation, this property is positioned for consistent rental demand. Whether you're looking to enhance your investment portfolio or seeking a reliable income-generating asset, this updated property with a detached apartment is an excellent choice. Both units are occupied with month to month leases. Do not disturb the tenants. Don't miss out on this opportunity—schedule a viewing today!

Type:
Duplex
Sq.Ft.:
2,956
Status:
Active
Beds:
n/a
Lot size:
0.88 Acres
Year built:
1967
Baths:
MLS#:
1502505

ADDITIONAL INFORMATION

This amazing duplex is ready for an owner occupant or is ready to rent out. Currently one unit is tenant occupied and the other has just been fully renovated. This property is close to the lake and close to services. It's convenient to Hwy 153 and all of Chattanooga. The large units boast ample room for living.

Type:
Duplex
Sq.Ft.:
2,058
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1920
Baths:
MLS#:
1502454

ADDITIONAL INFORMATION

Great income producing duplex minutes to Downtown Chattanooga. Unit A has 2 spacious Bedrooms with 1 Bathroom and is currently vacant. Unit B includes 3 Bedrooms with 1 Bathroom. Come check out this rare find today!

Type:
Mixed Use
Sq.Ft.:
6,186
Status:
Active
Beds:
n/a
Lot size:
0.41 Acres
Year built:
2017
Baths:
MLS#:
1502405

ADDITIONAL INFORMATION

This is a one of a kind investment opportunity fusing unique top tear new construction and established existing tenants. There are multiple floors of opportunity both with access to a large parking area. Main level is currently a high end salon that thrives with the new pristine ombiance . Open spaces on the main floor can be used in many ways as the zoning here allows for several combinations of commercial usage. The Second floor boast 3 units and an office area. There are currently 2 permitted short term rentals being operated with the 3rd unit open for discussion. The second floor also has an office area for the building owner, or addtional rental possibility. There is a lot of new development in this specific section or North Chattanooga. This building is walking distance from the heart of North Chattanooga. Dream big as an owner could build out or use the upper units for residential, long term or its current short term rental usage. The quaility of the construction and new multi-use features complete with a parking area ontop of street walking and parking opportunities make this a perfect building for someone looking to move their private practice, or retail / office location. The building could boast a great show room for all types of businesses but provide some steady income to someone looking to slow the transition. Class A Retail/Office/Residential

Type:
Duplex
Sq.Ft.:
1,063
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1920
Baths:
MLS#:
1502329
Subdivision:
J M Goads

ADDITIONAL INFORMATION

Charming 1920s Duplex in St. Elmo! Inside, this property feels brand new with refreshed kitchens and baths, and new flooring throughout. This property previously underwent a down to the studs renovation with upgraded insulation, plumbing and electrical. Mini-split heating and cooling and new roof from 2020. Both units are currently tenant occupied. Can be purchased with neighboring properties for sale for $920K for all three or $310K priced by itself. 4529 Balcomb St - MLS No. 1502325 4521 Balcomb St - MLS No. 1502327

Type:
Duplex
Sq.Ft.:
1,063
Status:
Active
Beds:
n/a
Lot size:
0.04 Acres
Year built:
1920
Baths:
MLS#:
1502327
Subdivision:
J M Goads

ADDITIONAL INFORMATION

Charming 1920s Duplex in St. Elmo! Inside, this property feels brand new with refreshed kitchens and baths, and new flooring throughout. This property previously underwent a down to the studs renovation with upgraded insulation, plumbing and electrical. Mini-split heating and cooling and new roof from 2020. Both units are currently tenant occupied. Can be purchased with neighboring properties for sale located at: 4529 Balcomb St - MLS No. 1502325 4535 Balcomb St - MLS No. 1502329

Type:
Duplex
Sq.Ft.:
1,360
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1956
Baths:
MLS#:
1502089

ADDITIONAL INFORMATION

Great opportunity walking distance to St Elmo, live on one side and rent the other or great rental property. Both sides have been updated, new HVAC, newer windows, new floors, granite counter tops on one side, lots of recent updates, currently rented on both sides. THERE WILL NOT BE ANY SHOWINGS UNTIL ACCEPTED CONTRACT. DO NOT DISTURB TENANTS PLEASE

Type:
Duplex
Sq.Ft.:
1,832
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Year built:
1940
Baths:
MLS#:
1501892
Subdivision:
Midvale Park South

ADDITIONAL INFORMATION

This quaint duplex has been extensively renovated and is ready for you to either live in one unit and rent the other or as a full income property. Located in Red Bank, this property is close to downtown and Highway 27 in an ideal location for an easy commute.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1973
Baths:
3.50
MLS#:
20244611
Subdivision:
Leemont

ADDITIONAL INFORMATION

Multiple Offers. Highest and Best, Deadline for offers is Sunday, October 20th at 6pm with Seller response by Monday, October 21st at 2pm. Looking for a solid investment property located in the East Brainerd area of Chattanooga? This terrific duplex could just be the one! One side has 3 bedrooms & 2 baths & a fenced rear yard while the 2nd unit has 2 bedrooms & 1.5 baths. Both units have basement garages with stair access into the unit from inside as well as off-street paved parking spaces out front. Laundry is located in the basement. Washer & Dryer remains with the 2 bedroom unit. (Tenant owns washer/dryer for the 3 bedroom unit.) The units both have long term tenants (12+ years) that are paying below market rent rate and are on month to month terms at this time. The 3 bed/2 bath is currently rented for $650 & the 2 bed/1.5 bath unit rents for $450. Both tenants are non-smoking. Both units are all electric with heat pump/central air & tenants pay all utilities. Seller currently provides lawn service.

Type:
Apartment
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2006
Baths:
7.00
MLS#:
20244518

ADDITIONAL INFORMATION

Welcome to Highland Park area of Chattanooga. This package includes 7 units in a 16 unit building. 100% occupancy. These units have character and charm. Monthly maintenance fee is $130. Includes building insurance. These units are with in walking distance of University of Tennessee. The complex had a major renovation done in 2006. This complex is steps from the Chattanooga Zoo and many of the attractions in our Metro area

Type:
Triplex
Sq.Ft.:
2,064
Status:
Active
Beds:
n/a
Lot size:
0.37 Acres
Year built:
1950
Baths:
MLS#:
1501485
Subdivision:
Lupton Dr

ADDITIONAL INFORMATION

This triplex is in an excellent location on Lupton Drive, close to Hixson, Red Bank, and Downtown. Each unit is 2 beds and one bath and all are currently rented. All tenants are currently under leases that expire at various times in 2025.

Type:
Fourplex
Sq.Ft.:
6,588
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
2024
Baths:
MLS#:
1501161
Subdivision:
Orange Grove

ADDITIONAL INFORMATION

Discover urban living at its finest in this stunning new modern townhome located on the vibrant Southside. Boasting a private rooftop deck with panoramic views, this home is perfect for entertaining or relaxing. Step inside to find a beautifully designed interior featuring a spacious kitchen with quartz countertops, spacious living areas, and three bedrooms with two and a half baths. Situated in a prime location with proper zoning for STVR potential, this townhome offers both luxury and investment opportunities. Enjoy the convenience of an up-and-coming neighborhood, just a short stroll away from Odd Story , and Montague Park. Welcome home to a lifestyle of modern elegance and urban charm

Type:
Duplex
Sq.Ft.:
1,704
Status:
Active
Beds:
n/a
Lot size:
0.28 Acres
Year built:
1956
Baths:
MLS#:
1500534
Subdivision:
Alta Vista Addn

ADDITIONAL INFORMATION

All-brick duplex with 2 bedrooms and 1 bath on each side. Both units feature a living room, kitchen with stove and refrigerator, breakfast nook, and laundry area with washer and dryer. Some updates over the years. Conveniently located with easy access to Downtown Chattanooga, UTC, hospitals, I-75, and I-24. Sold ''AS IS''. Showings to occur after accepted offer - please do not disturb the tenants.

Type:
Duplex
Sq.Ft.:
1,920
Status:
Active
Beds:
n/a
Lot size:
0.3 Acres
Year built:
1969
Baths:
MLS#:
1398852
Subdivision:
Austin Farms Sec 1

ADDITIONAL INFORMATION

Tenants Occupied Duplex For Sale - 7606 Noah Reid Rd (Off Bonny Oaks Dr) This is a fantastic opportunity to own a tenant-occupied duplex, just minutes from Amazon and Volkswagen. Ideal for investors or owner-occupants! Showings: A minimum of one day's notice is required. Tours: Contact your agent to schedule a tour. If unrepresented, reach out to the listing agent directly.

Type:
Duplex
Sq.Ft.:
1,640
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1976
Baths:
MLS#:
1398463

ADDITIONAL INFORMATION

Fantastic location in East Ridge with a view of Camp Jordan. Each unit is 2 bedrooms and 1 bathroom. Much of the property has been upgraded. Large yard with rear decks makes this a desirable place to rent.

Type:
Duplex
Sq.Ft.:
1,132
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1900
Baths:
MLS#:
1398452

ADDITIONAL INFORMATION

Wonderful duplex in historic St Elmo. Updated over the years, this property is fully leased. Good back yard and a good neighborhood. One side is 2 bedroom with 1 bath and the other side is one bedroom with one bath.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.22 Acres
Year built:
1969
Baths:
MLS#:
1397760
Subdivision:
Mission Dale

ADDITIONAL INFORMATION

Type:
Duplex
Sq.Ft.:
2,516
Status:
Active
Beds:
n/a
Lot size:
0.2 Acres
Year built:
1972
Baths:
MLS#:
1397771
Subdivision:
Easton Terr

ADDITIONAL INFORMATION

DUPLEX IN A GREAT LOCATION - Short drive to Northshore and Downtown Chattanooga!! Looking to add to your investment portfolio or to get into investing? This is your chance!! Each unit has 2 bedrooms / 1 bath. Luxury vinyl plank flooring. Both units are currently month to month.

Type:
Cluster
Sq.Ft.:
14,869
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
2694476
Subdivision:
Highland Park Addn N

ADDITIONAL INFORMATION

This 16-unit rental portfolio (12 single family and 2 duplexes) offers a prime investment opportunity in the rapidly growing Chattanooga market. The portfolio includes a mix of properties, including two duplexes, all within a 10-mile radius and just 20 minutes from downtown Chattanooga. All units feature new siding, roofs, flooring, lighting, interior paint, and appliances. The properties are 100% occupied, some are Section 8 and others with potential to flip to Section 8 if desired, providing stable and reliable rental income. Located in areas experiencing strong appreciation, these properties are poised for future value growth. This portfolio is perfect for investors looking for a turnkey operation with strong cash flow and long-term appreciation potential. Occupancy status subject to change.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1930
Baths:
2.00
MLS#:
20243365
Subdivision:
North Chatt Map No 1

ADDITIONAL INFORMATION

Welcome to this charming and well-preserved 3-bedroom, 2-bath home located in the heart of historic North Shore. This beautiful property seamlessly combines classic charm with modern updates, ensuring comfort and convenience for its next owners. The home features spacious living areas, a flowing kitchen, and elegantly updated bathrooms. Follow the driveway to your private, off-street parking pad that leads directly to the rear of the home, where your spacious deck is perfect for a night of relaxation under the stars. Your back yard boasts a blank canvas, ready for you to create your own outdoor haven, whether it be bringing the meditation platform to vibrant life, building a child's dream fort, or even adding an ADU! This residence offers both functionality and a warm, inviting atmosphere. Don't miss your chance to own a piece of history with all the modern comforts you desire!

Type:
Cluster
Sq.Ft.:
1,830
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
2751631
Subdivision:
Alpine Heights

ADDITIONAL INFORMATION

Welcome to 4820 Hunter Tr, a spacious one-level home with full unfinished basement in Red Bank. This home has so much to offer and could easily be converted into a duplex for investors or savvy home owners. The home sits on an oversized one-acre lot with plenty of space and privacy. The two garages combined with the oversized loop driveway provides plenty of parking even for extra guests. Recent improvements include but aren't limited to remodeled bathrooms, new HVAC unit, water heater, garage doors, updated plumbing, kitchen countertops and sink, dishwasher, and more! Coming inside you will find an extra large living room and split-bedroom floor plan. The upstairs living space has hardwood floors throughout and no stairs! There is plenty of natural light including windows in both bathrooms. The bathrooms have been recently updated with tile floors and showers/tub. Downstairs is a full basement with tons of space for a shop, storage, or endless opportunities. Come to our open house or

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Xome does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2024 by Chattanooga Association of REALTORS®. All rights reserved. Information deemed reliable but not guaranteed.
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


The data relating to real estate for sale on this web site comes in part from the IDX Program of the River Counties Multiple Listing Service, Inc. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This data is updated daily. Some properties, which appear for sale on this web site, may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2024. All rights reserved.



Chattanooga Real Estate

The median home value in Chattanooga, TN is $343,000. This is higher than the county median home value of $285,200. The national median home value is $338,100. The average price of homes sold in Chattanooga, TN is $343,000. Approximately 46.21% of Chattanooga homes are owned, compared to 43.33% rented, while 10.47% are vacant. Chattanooga real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chattanooga real estate agent to arrange a tour today!

Chattanooga, Tennessee has a population of 180,353. Chattanooga is less family-centric than the surrounding county with 22.87% of the households containing married families with children. The county average for households married with children is 27.75%.

The median household income in Chattanooga, Tennessee is $50,437. The median household income for the surrounding county is $61,050 compared to the national median of $69,021. The median age of people living in Chattanooga is 36.7 years.

Chattanooga Weather

The average high temperature in July is 89 degrees, with an average low temperature in January of 28.9 degrees. The average rainfall is approximately 51.1 inches per year, with 1.5 inches of snow per year.

Chattanooga Real Estate Market Conditions

  • Median sales price

    $343,000
    20.4% change since last quarter
  • # Active listings

    1,045
    30-day change

Chattanooga Schools and Demographics

Education near Chattanooga, TN

Metric City County
High School Graduates 89.04 90.48
College Degree - 2 year 8.45 9.04
College Degree - 4 year 31.98 34.11
Graduate Degree 8.3 8.77
Expenditures per Student 11,280 11,280
Students per Teacher 15 15

Elementary Schools near Chattanooga, TN

School Grades Students P/T Ratio ZIP
Alpine Crest Elementary School PK - 05 301 12.6 37415
Barger Academy KG - 05 403 12.9 37411
Battle Academy for Teaching Learning PK - 05 404 13.3 37402
Bess T Shepherd Elementary School PK - 05 561 13.6 37421
Calvin Donaldson Environmental Science Academy PK - 05 381 13.3 37410
Chattanooga Charter School of Excellence KG - 05 395 16 37411
Chattanooga School for the Arts and Science CSAS Lower KG - 05 364 36.4 37403
Chattanooga School for the Liberal Arts KG - 08 415 14.1 37421
Clifton Hills Elementary School PK - 05 579 15.2 37407
Dupont Elementary School PK - 05 361 14.4 37415
East Brainerd Elementary School PK - 05 674 13 37421
East Lake Elementary School PK - 05 568 14.4 37407
East Ridge Elementary School PK - 05 1,028 15.7 37412
East Side Elementary School PK - 05 613 12.6 37404
Hardy Elementary School PK - 05 521 14.2 37406
Hillcrest Elementary School PK - 05 405 16.2 37416
Lakeside Academy PK - 05 472 13.5 37416
Lookout Valley Elementary School PK - 05 311 13 37419
Normal Park Museum Magnet School PK - 08 817 12.6 37405
Orchard Knob Elementary School PK - 05 637 14.2 37404
Red Bank Elementary School PK - 05 695 16.2 37405
Rivermont Elementary School PK - 05 252 9.5 37415
Spring Creek Elementary School PK - 05 752 14 37412
Tommie F. Brown International Academy PK - 05 358 10 37403
Westview Elementary School PK - 05 718 16.3 37421
Woodmore Elementary School PK - 05 385 13.3 37411

Middle Schools near Chattanooga, TN

School Grades Students P/T Ratio ZIP
Dalewood Middle School 06 - 08 308 11.8 37411
East Lake Academy of Fine Arts 06 - 08 539 12.4 37407
East Ridge Middle School 06 - 08 721 16.2 37412
New Consortium of Law and Business 06 - 06 0 37402
Orchard Knob Middle School 06 - 08 488 14.5 37404
Red Bank Middle School 06 - 08 646 15.2 37415
Tyner Middle Academy 06 - 08 468 17.5 37421

High Schools near Chattanooga, TN

School Grades Students P/T Ratio ZIP
Brainerd High School 09 - 12 588 10.6 37411
East Ridge High School 09 - 12 808 14.6 37412
Hamilton County Collegiate High At Chattanooga State 09 - 12 149 49.7 37406
Lookout Valley Middle / High School 06 - 12 375 12.1 37419
Red Bank High School 09 - 12 749 14.5 37415
The Howard School 09 - 12 656 11.2 37408
Tyner Academy 09 - 12 587 12.8 37421

Ungraded Schools near Chattanooga, TN

School Grades Students P/T Ratio ZIP
Chatt High Center for Creative Arts 06 - 12 590 17.3 37405
Chattanooga Girls Leadership Academy 06 - 12 296 11.8 37404
Chattanooga School for Arts and Sciences CSAS Upper 06 - 12 644 9.8 37403
Hamilton County Virtual School KG - 12 19 19 37421
Stem School Chattanooga 09 - 11 191 12.7 37406

Demographics near Chattanooga, TN

Metric City County
Neighborhood Type Suburban
Population 180,353 363,790
Population Density 1,262 671
Median Age 36.7 39.6
People per Household 2.3 2.4
Median Household Income 50,437 61,050
Average Income per Capita 34,080 36,964