1039 E 5th Street, Chattanooga, TN 37403

Chattanooga
Local realty services provided by:Better Homes and Gardens Real Estate Heritage Group
1039 E 5th Street,Chattanooga, TN 37403
$650,000
  • - Beds
  • - Baths
  • 2,400 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sun, Nov 08
    01:00 pm - 03:00 pm
Listed by: grace frank, johnny alvis
Office: zach taylor chattanooga
MLS#:3632706
Source:NASHVILLE

Price summary

  • Price:$650,000
  • Price per sq. ft.:$270.83

About this home

1039 E 5th Street | Historic Charm. Four Doors and a World of Possibilities. Located in Historic Fortwood District and within walking distance to UTC and Erlanger Hospital, charm meets investment opportunity at 1039 E 5th Street. This distinctive four-unit property offers the flexibility to rent all four residences or occupy one while rental income from the other three offsets your mortgage, subject to existing leases. With all current long-term tenants being month to month, estimated market rent potential of $4,400 per month and estimated midterm rental potential of $6,500 per month. Approximately 95 years old, the property underwent a complete renovation in 2014, including plumbing, electrical, HVAC and roofing, and restored operable original wood windows. Beautiful hardwood floors throughout and exposed brick both complement its character including original wood trim and doors. Newer storm windows were added as well. Whether expanding your investment portfolio or seeking an...

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Home facts

  • Year built:1930
  • Subdivision & Development:Hope & Chandler
  • Listing ID #:3632706
  • Added:3 day(s) ago
  • Updated:November 08, 2026 at 11:00 PM

Rooms and interior

  • Living area:2,400 sq. ft.

Heating and cooling

  • Cooling:Cooling
  • Heating:Central, Electric, Heat Pump

Structure and exterior

  • Year built:1930
  • Building area:2,400 sq. ft.
  • Construction Materials:Brick
  • Levels:2 Story

Schools

  • High school:Howard School Of Academics Technology
  • Middle school:Orchard Knob Middle School

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$270.83
  • Tax amount:$7,938

Parking

  • Parking description:Detached, Gravel
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