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1511 S Greenwood Avenue, Chattanooga, TN 37404

$399,900
  • 1511 S Greenwood Avenue, Chattanooga, TN 37404 Main Photo

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Active
BEDS8 BATHS SQUARE FEET2,936 MLS#1540013
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONStone Evans NEIGHBORHOODChattanooga

Property Description

Investment opportunity in Chattanooga's Southside featuring two duplexes with a total of four income-producing units. Located just off Main Street, the properties are positioned in one of Chattanooga's most active urban neighborhoods, with convenient access to Downtown and the restaurants, shops, entertainment, and businesses throughout the Southside.Each unit currently rents for $900 per month, providing a combined rental income of $3,600 per month, or $43,200 annually at current rents. With four separate units across two duplexes, the property offers an established income stream while giving an investor flexibility for future rental strategies and improvements.The combination of existing rental income and a location just off the Main Street corridor makes this an attractive opportunity for an investor looking to add multifamily property in the Southside Chattanooga area.Owner/Agent.

1511 S Greenwood Avenue | MLS# 1540013

This multi-family property located at 1511 S Greenwood Avenue, Chattanooga, TN 37404 is currently listed for sale with an asking price of $399,900. Search Chattanooga real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Electric, Wall Unit(s)
Fuel Type: Electric
Heating: Electric
Lot Size: 0.18 Acres
Taxes: $4,399
Year Built: 1920

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $900.00
Square Footage: 734
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $900.00
Square Footage: 734
Unit Type 3:
Bedrooms: 2
Bathroom(s): 1.0
Square Footage: 734
Unit Type 4:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $900.00
Square Footage: 734

Feature Descriptions

Appliances: Electric Oven, Electric Water Heater, Free-Standing Electric Range, Refrigerator
Days on Site: 11
Exterior Amenities: Private Yard
Flooring: Carpet, Vinyl
Laundry: Electric Dryer Hookup, Main Level, Multiple Locations, Washer Hookup
Lot: Rectangular Lot
Lot Dimensions: 38X100
Parcel #: 146p L 003
Parking: Gravel, Off Street
Patio/Porch: Porch
Tenant Pays: All Utilities
Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Local Schools

High School: Howard School of Academics & Tech
Middle School: Orchard Knob Middle
Elementary School: Eastside Elementary

Listed By / Shown By

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

IDX logo

Source: CARMLS

Estimate Your Payment

Estimated Payment

$ 1,373.22 per month $890.00 Principal & Interest $366.58 Property Tax $116.64 Homeowner's Insurance

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