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5542 Clemons Road, Chattanooga, TN 37412

$687,739
  • 5542 Clemons Road, Chattanooga, TN 37412 Main Photo

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Featured Listing New to the Market Active
BEDS8 BATHS SQUARE FEET4,876 MLS#1540428
STATUSActive PROPERTY TYPEMulti Unit - Multiple NEIGHBORHOODEast Ridge

Property Description

Great Investment Opportunity!!! Renovated Quadruplex with attached garage and work shop. Separate 40 x 40 12'H garage. Owner used workshop and garages for personal use. Units leased for 1,200 mo. in 2025.Three units vacant, one occupied w/tenant rights. Renovations: New carpet in bedrooms (existing ceramic floors in common areas) One unit has new LVP flooring throughout. Fresh paint in all units. New interior doors in all units. New appliances, kitchen base cabinets, counter tops and fixtures. Bathrooms have new sinks and vanities, toilets and tub/shower combo's. One unit has glass enclosed shower. Property sits on 1.3 acres. Newly paved right-away to spacious parking area. Huge yard with mature trees next to a creek. This one level Quad truly has the home like feel. With the renovations, workshop and garages, you set your income!!

5542 Clemons Road | MLS# 1540428

This multi-family property located at 5542 Clemons Road, Chattanooga, TN 37412 is currently listed for sale by Crye-Leike, REALTORS, with an asking price of $687,739. Search East Ridge real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Ceiling Fan(s), Electric, Multi Units
Fuel Type: Electric
Garage: 2 car attached
Heating: Central, Electric
Home Style: Ranch
Lot Size: 1.30 Acres
Taxes: $3,841
Year Built: 1947

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 2.0
Rent: $1200.00
Square Footage: 1100
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.1
Rent: $1200.00
Square Footage: 1000
Unit Type 3:
Bedrooms: 2
Bathroom(s): 2.0
Rent: $1200.00
Square Footage: 1000
Unit Type 4:
Bedrooms: 2
Bathroom(s): 2.0
Rent: $1200.00
Square Footage: 1000

Feature Descriptions

Appliances: Electric Range, Electric Water Heater, Refrigerator
Common Amenities: None
Days on Site: 2
Exterior Amenities: Awning(s), Private Yard, Rain Gutters
Flooring: Carpet, Ceramic Tile, Luxury Vinyl
Interior Amenities: Separate Shower, Tub/shower Combo, En Suite, Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Open Floorplan, See Remarks, Wired for Data
Laundry: Electric Dryer Hookup, Inside, Multiple Locations, In Unit, Washer Hookup
Lot: Back Yard, Cleared, Level, Private, Secluded, See Remarks
Lot Dimensions: 15.0X227.79
Parcel #: 169j J 029.01
Parking: Concrete, Community Structure, Driveway, Parking Lot
Patio/Porch: Awning(s), Patio, Porch, Porch - Screened
Tenant Pays: Cable TV, Telephone
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Windows: Double Pane Windows, Insulated Windows, Screens, Window Treatments

Local Schools

High School: East Ridge High
Middle School: East Ridge Middle
Elementary School: Spring Creek Elementary

Listed By / Shown By

agent picture

Listed By

Agency Name: Crye-Leike, REALTORS
Agent Name: Sandy Whaley
Agency Phone: (423) 847-7879

Source: CARMLS

Estimate Your Payment

Estimated Payment

$ 2,051.28 per month $1,530.61 Principal & Interest $320.08 Property Tax $200.59 Homeowner's Insurance

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