506 Hargraves Avenue, Chattanooga, TN 37411

Chattanooga
Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
506 Hargraves Avenue,Chattanooga, TN 37411
$255,000
  • 4 Beds
  • 3 Baths
  • 1,378 sq. ft.
  • Multi-family
  • Active
Listed by: candice neal
Office: real estate partners chattanooga llc.
MLS#:1533085
Source:TN_CAR

Price summary

  • Price:$255,000
  • Price per sq. ft.:$185.05

About this home

Fully occupied duplex generating $1,900/month in rental income. Each unit features 2 bedrooms, 1 bath, and washer/dryer hookups. Strong cash-flow potential with stable tenants already in place. Ideal opportunity for investors seeking immediate income-producing property in a growing Chattanooga market. Property has been meticulously maintained with little to no deferred maintenance. Central HVAC installed 2019 as well as several new vinyl windows and new carpet in 2019. Property sits on a level lot on a quiet street with a shared fenced in back yard. Both sides are occupied at $950/month each with leases in place and long time tenants. *Do not disturb Tenants* *will show only w/ LOI or Bound Sale Agreement)

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Home facts

  • Year built:1950
  • Listing ID #:1533085
  • Added:67 day(s) ago
  • Updated:June 29, 2026 at 05:17 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Tile, Vinyl
  • Bathrooms Description:Tub/shower Combo
  • Basement:Yes
  • Living area:1,378 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1950
  • Building area:1,378 sq. ft.
  • Lot area:0.3 Acres
  • Architectural Style:Contemporary
  • Foundation Description:Block
  • Levels:One

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$255,000
  • Price per sq. ft.:$185.05
  • Tax amount:$2,261

Features and amenities

  • Amenities:Ceiling Fan(s), Entrance Foyer, Pantry

Parking

  • Parking description:Concrete, Driveway, Gravel, Off Street

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