1511 S Greenwood Avenue, Chattanooga, TN 37404
Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
1511 S Greenwood Avenue,Chattanooga, TN 37404
$399,900
- 8 Beds
- 4 Baths
- 2,936 sq. ft.
- Multi-family
- Active
Listed by: liam pinson
Office: keller williams realty
MLS#:1540013
Source:TN_CAR
Price summary
- Price:$399,900
- Price per sq. ft.:$136.21
About this home
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.
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Home facts
- Year built:1920
- Subdivision & Development:Stone & Evans
- Listing ID #:1540013
- Added:47 day(s) ago
- Updated:September 20, 2026 at 02:57 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Vinyl
- Basement:Yes
- Living area:2,936 sq. ft.
Heating and cooling
- Cooling:Electric, Wall Unit(s)
- Heating:Electric, Heating
Structure and exterior
- Roof:Shingle
- Year built:1920
- Building area:2,936 sq. ft.
- Lot area:0.18 Acres
- Exterior Features:Private Yard
- Foundation Description:Block
- Levels:One
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$399,900
- Price per sq. ft.:$136.21
- Tax amount:$4,399
Parking
- Parking description:Gravel, Off Street
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