Chattanooga TN Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
3,313
Status:
Active
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.:
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.:
1,132
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.

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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.



Chattanooga Real Estate

The median home value in Chattanooga, TN is $273,300. This is lower 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 $273,300. 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 37409 has a population of 180,353. Chattanooga 37409 is less family-centric than the surrounding county with 21.32% 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 37409 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 37409 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

    N/A
  • # Active listings

    25
    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
Calvin Donaldson Environmental Science Academy PK - 05 381 13.3 37410
Clifton Hills Elementary School PK - 05 579 15.2 37407
East Lake Elementary School PK - 05 568 14.4 37407
Lookout Mountain Elementary School PK - 05 174 8.7 37350

Middle Schools near Chattanooga, TN

School Grades Students P/T Ratio ZIP
East Lake Academy of Fine Arts 06 - 08 539 12.4 37407

High Schools near Chattanooga, TN

School Grades Students P/T Ratio ZIP
The Howard School 09 - 12 656 11.2 37408

Demographics near Chattanooga, TN 37409

Metric Zip Code City
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