Investors dream!! Motivated sellers. Renters in place!! In the heart of one of Chattanooga's most historic neighborhoods, just moments from the University of Tennessee at Chattanooga and minutes to downtown, this 1920s Craftsman-style bungalow blends preserved character with strong income potential. Positioned one block off McCallie Avenue on a desirable corner lot, you'll enjoy walkability to local favorites like Taqueria Jalisco (Duck Taco) and the BlueCross Healthy Place at Highland Park, plus everything Highland Park has to offer just around the corner.Zoned for a duplex, the property is configured as a primary residence with a separate lower-level apartment, ideal for house hacking or investment. The main level features 3 bedrooms and 2 baths, a spacious living room with fireplace and built-ins, and hard pine floors throughout the main living spaces. Original charm shines through with stained glass windows and ornate plaster ceiling medallions surrounding the light fixtures. A covered front porch welcomes you, while the back deck creates an inviting space for relaxing or entertaining.The lower-level apartment offers a completely different feel, cool, cave-like, with exposed brick, an open layout, private entrance, 1 bedroom, and 1 bath.Both units are occupied. The upper unit is leased on a 12-month term, and the lower unit is month-to-month. The owner notes this area has been consistently easy to rent, offering strong income potential with flexibility for future plans.All information deemed reliable but not guaranteed. Purchaser to verify all information important to them independently.
Listed By
Agency Name: Keller Williams Realty
Agency Phone: 423-664-1900
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,222.66 per month $945.87 Principal & Interest $152.83 Property Tax $123.96 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
151 N Orchard Knob Avenue | MLS# 1533047
This home located at 151 N Orchard Knob Avenue, Chattanooga, TN 37404 is currently listed for sale with an asking price of $425,000. This property was built in 1920 and has 5 bedrooms and 3 full baths with 2958 sq. ft. N Orchard Knob Avenue is located in the Ed Ferger subdivision. Search Ed Ferger real estate on www.clhomes.com today.