1500 +1502 E 13th Street, Chattanooga, TN 37404
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
1500 +1502 E 13th Street,Chattanooga, TN 37404
$1,295,000
- 11 Beds
- 9 Baths
- 6,455 sq. ft.
- Multi-family
- Active
Listed by: grace frank
Office: zach taylor - chattanooga
MLS#:1543721
Source:TN_CAR
Price summary
- Price:$1,295,000
- Price per sq. ft.:$200.62
About this home
Immediate income. Five leased residences. Future flexibility. Located at 1500 & 1502 E. 13th Street, this fully occupied Chattanooga portfolio combines four townhomes and one detached single-family residence totaling approximately 6,455 square feet. Current rents generate $8,115 per month, or $97,140 in annual gross rental income.
Each townhome offers approximately 1,220 square feet, while the detached residence includes approximately 1,575 square feet. Most tenants are on one-year leases, with Unit 112 leased month-to-month, providing an established income stream alongside near-term flexibility.
Situated on a spacious corner lot with alley access, the property features dedicated parking for each townhome, additional parking behind the residence, a rear-building sprinkler system, and underground stormwater management. Newer townhome construction adds appeal for investors seeking a manageable residential portfolio.
Conveniently located near downtown Chattanooga, Highland Park, the Main Street district, UTC, and major medical centers, the property offers access to employment, dining, breweries, and entertainment. Hold the portfolio for ongoing rental income, explore future rent adjustments as leases renew, or pursue potential individual unit sales, subject to verification of separate ownership and applicable requirements. An opportunity to acquire five income-producing residences in Chattanooga's urban core....
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Home facts
- Year built:2022
- Subdivision & Development:Fort & Porter Addn
- Listing ID #:1543721
- Added:1 day(s) ago
- Updated:October 01, 2026 at 07:59 PM
Rooms and interior
- Bedrooms:11
- Total bathrooms:9
- Full bathrooms:9
- Flooring:Carpet, Hardwood, Luxury Vinyl
- Dining Description:Eat-in Kitchen
- Bathrooms Description:Tub/shower Combo
- Kitchen Description:Eat-in Kitchen, Kitchen Island
- Living area:6,455 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2022
- Building area:6,455 sq. ft.
- Lot area:0.3 Acres
- Architectural Style:Contemporary
- Construction Materials:Block, Cement Siding, Wood Siding
- Exterior Features:Courtyard, Lighting
- Foundation Description:Block, Slab
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,295,000
- Price per sq. ft.:$200.62
Features and amenities
- Amenities:High Speed Internet, Open Floorplan, Recessed Lighting
Parking
- Parking description:Gravel, Off Street
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