3163 Hodley Avenue, Chattanooga, TN 37410
Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
3163 Hodley Avenue,Chattanooga, TN 37410
$499,800
- 4 Beds
- 5 Baths
- 2,240 sq. ft.
- Multi-family
- Pending
Listed by: christopher todd, christopher roach
Office: rogue real estate company llc.
MLS#:1528665
Source:TN_CAR
Price summary
- Price:$499,800
- Price per sq. ft.:$223.13
- Monthly HOA dues:$100
About this home
Live in one side. Lease the other. Build equity while generating income—all under $500,000 and just minutes from downtown Chattanooga. Opportunities like this are incredibly rare: a brand-new 2-unit townhome that gives you the flexibility to house-hack, expand your portfolio, or secure a low-maintenance investment in one of the city's fastest-growing areas.
Located in Somerville Cottages, a thoughtfully designed and steadily expanding community in South Chattanooga, this property is built for both smart investors and strategic homeowners. Whether you offset your mortgage by renting one unit or lease both for maximum return, the numbers make sense at this price point—and inventory like this is extremely limited.
Each unit is appointed with quartz countertops, full appliance packages, luxury vinyl plank flooring throughout, high ceilings, and modern, cohesive design selections that attract quality tenants and support long-term durability. These are standard features, not upgrades—creating immediate value and consistent rental appeal. Clean layouts, natural light, and efficient floor plans make both sides equally desirable, giving you flexibility in how you position the asset.
Unlike older duplexes that come with deferred maintenance and surprise expenses, this is brand-new construction delivered turn-key and backed by a 1/2/10 builder's warranty—offering peace of mind and predictable ownership costs from day one. For owner-occupants, it's a strategic way to step into real estate with built-in income. For investors, it's a rare chance to secure new multi-family under $500K in a high-demand rental corridor.
Positioned just minutes from downtown, Main Street, St. Elmo, Broad Street, Publix, and the new stadium, the location drives consistent demand without relying on speculation. The two-unit townhome is currently under construction and scheduled for completion within 60 days. Photos shown are from another property with the same floor plan and design package and are for illustrative purposes only, accurately reflecting the finishes and quality you can expect upon completion.
If you've been waiting for a live/lease opportunity where the price, condition, and location truly alignthis is it....
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Home facts
- Year built:2026
- Listing ID #:1528665
- Added:99 day(s) ago
- Updated:May 28, 2026 at 07:36 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Luxury Vinyl
- Dining Description:Breakfast Nook
- Kitchen Description:Kitchen Island
- Living area:2,240 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Central, Electric, Heating
Structure and exterior
- Roof:Shingle
- Year built:2026
- Building area:2,240 sq. ft.
- Construction Materials:HardiPlank Type
- Exterior Features:Lighting, Rain Gutters
- Foundation Description:Slab
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,800
- Price per sq. ft.:$223.13
Features and amenities
- Amenities:High Ceilings, High Speed Internet, Open Floorplan, Pantry, Walk-In Closet(s)
Parking
- Parking description:Off Street, On Street, Parking Lot, Paved
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