6314 Fisk Avenue, Chattanooga, TN 37421

Chattanooga
Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
6314 Fisk Avenue,Chattanooga, TN 37421
$325,000
  • 7 Beds
  • 3 Baths
  • 2,497 sq. ft.
  • Multi-family
  • Pending
Listed by: charles jabaley
Office: keller williams realty
MLS#:1538168
Source:TN_CAR

Price summary

  • Price:$325,000
  • Price per sq. ft.:$130.16

About this home

Welcome to 6314 Fisk Ave - a very rare opportunity to exceed the 1% rule! This recently renovated triplex features three separately metered units with an excellent rental history. When fully occupied just recently, gross rents totaled $3,261/month, exceeding the 1% rule with room to push rents even higher. This investment includes two 2-bedroom, 1-bathroom units just under 800 square feet each, as well as a spacious 3-bedroom, 1-bathroom unit offering approximately 1,000 square feet of living space. Here's where the flexibility comes in: Unit B was just freshly renovated and is vacant, and Unit A (currently rented at $1,376/month) will be vacant at closing and renovated to match Unit B's condition prior to Closing, as reflected in the photos. The seller intentionally created this setup to give buyers freedom - owner occupants can move right in and let the other units help pay the mortgage, while investors can hand-pick two of their own tenants at market rents. Unit C, the larger...

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Home facts

  • Year built:1971
  • Subdivision & Development:Washington Park
  • Listing ID #:1538168
  • Added:49 day(s) ago
  • Updated:August 25, 2026 at 07:51 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,497 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:1971
  • Building area:2,497 sq. ft.
  • Lot area:0.32 Acres

Utilities

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

Finances and disclosures

  • Price:$325,000
  • Price per sq. ft.:$130.16
  • Tax amount:$6,351

Parking

  • Parking description:Off Street

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