506 Hargraves Avenue, Chattanooga, TN 37411

Chattanooga
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
506 Hargraves Avenue,Chattanooga, TN 37411
$254,000
  • 4 Beds
  • 2 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:$254,000
  • Price per sq. ft.:$184.33

About this home

Investment opportunity with upcoming owner-occupant potential! This Chattanooga duplex features two 2-bedroom, 1-bath units with washer/dryer hookups and separate utility meters. Currently generating $1,900/month in rental income, with one long-term tenant in place since 2018. One unit is expected to become vacant this month, creating a limited opportunity for an owner-occupant to live in one side while collecting rental income from the other. Sellers plan to re-lease the vacant unit if a purchase contract is not secured, making this a great option for both investors and buyers interested in a house-hack opportunity. There will be a limited window for in person showings on the vacant side once tenant vacates at EOM. Recent improvements include updates to the water supply and waste lines since listing. Along with central HVAC, several vinyl windows, and carpet replaced in 2019. Property sits on a gently sloped lot on a quiet street with a shared fenced backyard. Please do...

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Home facts

  • Year built:1950
  • Subdivision & Development:Shawnee Park
  • Listing ID #:1533085
  • Added:112 day(s) ago
  • Updated:August 13, 2026 at 02:46 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • 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:$254,000
  • Price per sq. ft.:$184.33
  • 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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