1511 S Greenwood Avenue, Chattanooga, TN 37404

Chattanooga
Local realty services provided by:ERA Chappell & Associates Realty & Rental
1511 S Greenwood Avenue,Chattanooga, TN 37404
$399,900
  • - Beds
  • - Baths
  • 2,936 sq. ft.
  • Multi-family
  • Active
Listed by: william kosmos pinson
Office: greater downtown realty dba keller williams realty
MLS#:3628739
Source:NASHVILLE

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 #:3628739
  • Added:1 day(s) ago
  • Updated:October 29, 2026 at 10:50 PM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Living area:2,936 sq. ft.

Heating and cooling

  • Cooling:Electric, Wall/Window Unit(s)
  • Heating:Electric

Structure and exterior

  • Year built:1920
  • Building area:2,936 sq. ft.
  • Levels:1 Story

Schools

  • High school:Howard School Of Academics Technology
  • Middle school:Orchard Knob Middle School
  • Elementary school:East Side Elementary School

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$399,900
  • Price per sq. ft.:$136.21
  • Tax amount:$4,399

Parking

  • Parking description:Detached, Gravel
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