517 Ashland Terrace, Chattanooga, TN 37415

Local realty services provided by:ERA Chappell & Associates Realty & Rental
517 Ashland Terrace,Chattanooga, TN 37415
$405,000
  • 5 Beds
  • 2 Baths
  • 1,544 sq. ft.
  • Single family
  • Active
Listed by: tevan holder, gina shumway
Office: greater chattanooga realty, keller williams realty
MLS#:2927599
Source:NASHVILLE

Price summary

  • Price:$405,000
  • Price per sq. ft.:$262.31

About this home

Are you looking for an investment property with a proven track record? Look no further! 517 Ashland Terrace is a high-producing, successful STVR with a TRANSFERABLE permit! Step in on day one and start making MONEY! It is rare today to be able to find a true turnkey property! This property grossed over $60,000 in 2024, and on track to do $70,000 this year! The property boasts five bedrooms, two full bathrooms, a fully functional kitchen, and an inviting living room space. You will love the spacious backyard, with a new deck and privacy fence. The best part of this house is the charm and location, being less than 10 minutes to downtown. One of the best parts of this property is its zoning! With it being zoned commercial, the options are endless! Don't let this opportunity slip by!

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Home facts

  • Year built:1935
  • Listing ID #:2927599
  • Added:136 day(s) ago
  • Updated:November 15, 2025 at 05:21 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,544 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Asphalt
  • Year built:1935
  • Building area:1,544 sq. ft.
  • Lot area:0.3 Acres

Schools

  • High school:Red Bank High School
  • Middle school:Red Bank Middle School
  • Elementary school:Rivermont Elementary School

Utilities

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

Finances and disclosures

  • Price:$405,000
  • Price per sq. ft.:$262.31
  • Tax amount:$1,760
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