45 Scruggs St, Chattanooga, TN 37403

Chattanooga
Local realty services provided by:ERA Chappell & Associates Realty & Rental
45 Scruggs St,Chattanooga, TN 37403
$1,000,000
  • - Beds
  • - Baths
  • 5,134 sq. ft.
  • Multi-family
  • Active
Listed by: joshua ellis
Office: benchmark realty, llc.
MLS#:3622471
Source:NASHVILLE

Price summary

  • Price:$1,000,000
  • Price per sq. ft.:$194.78

About this home

Excellent investment opportunity in the heart of Chattanooga! This 6-unit apartment complex is ideally located less than a mile from Erlanger Hospital, UTC, and Downtown Chattanooga, putting tenants within minutes of some of the city’s largest employers, schools, restaurants, entertainment, and amenities. The property consists of six 2-bedroom, 1-bath units, all of which have been freshly updated and are ready for new tenants. Each unit includes a refrigerator, oven, and stove. Five of the six units are currently vacant by design, making the property easy to show and giving the next owner the opportunity to immediately select their own tenants and establish leases at current market rents. Estimated market rents are approximately $1,000–$1,100 per month per unit, offering potential gross rental income of approximately $6,000–$6,600 per month when fully occupied. With updated units, a highly convenient location, and the ability to place new tenants immediately, 45 Scruggs Street...

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Home facts

  • Year built:1954
  • Subdivision & Development:Chandlers
  • Listing ID #:3622471
  • Added:3 day(s) ago
  • Updated:October 23, 2026 at 02:34 PM

Rooms and interior

  • Flooring:Laminate
  • Living area:5,134 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Baseboard

Structure and exterior

  • Roof:Metal
  • Year built:1954
  • Building area:5,134 sq. ft.
  • Construction Materials:Brick
  • Levels:1 Story

Schools

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

Utilities

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

Finances and disclosures

  • Price:$1,000,000
  • Price per sq. ft.:$194.78
  • Tax amount:$10,916

Features and amenities

  • Amenities:Smoke Detector(s)
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