1502 E 13th Street, Chattanooga, TN 37404

Chattanooga
Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
1502 E 13th Street,Chattanooga, TN 37404
$998,000
  • 8 Beds
  • 8 Baths
  • 4,880 sq. ft.
  • Multi-family
  • Active
Listed by: grace frank
Office: zach taylor - chattanooga
MLS#:1543721
Source:TN_CAR

Price summary

  • Price:$998,000
  • Price per sq. ft.:$204.51

About this home

Immediate income. Four leased townhomes. Newer construction with income growth potential. Located at 1502 E. 13th Street, this fully occupied Chattanooga investment offers four townhomes totaling approximately 4,880 square feet. Current listed rents generate $6,520 per month, or $78,240 in annual gross rental income, providing an established income stream with potential for rent adjustments as leases renew. Each townhome offers approximately 1,220 square feet. Most tenants are on one-year leases, while Unit 112 is leased month-to-month, offering near-term flexibility. Dedicated parking for each townhome, alley access, a rear-building sprinkler system, and underground stormwater management add to the property's appeal. Conveniently located near downtown Chattanooga, Highland Park, the Main Street district, UTC, and major medical centers, the property provides access to employment, dining, breweries, and entertainment. Hold all four townhomes for ongoing rental income, evaluate...

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Home facts

  • Year built:2022
  • Subdivision & Development:Fort & Porter Addn
  • Listing ID #:1543721
  • Added:1 day(s) ago
  • Updated:October 29, 2026 at 10:04 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:8
  • Flooring:Carpet, Hardwood, Luxury Vinyl
  • Dining Description:Eat-in Kitchen
  • Bathrooms Description:Tub/shower Combo
  • Kitchen Description:Eat-in Kitchen, Kitchen Island
  • Living area:4,880 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Heating
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2022
  • Building area:4,880 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:$998,000
  • Price per sq. ft.:$204.51

Features and amenities

  • Amenities:High Speed Internet, Open Floorplan, Recessed Lighting

Parking

  • Parking description:Gravel, Off Street

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