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$295,000

Highland Park Great Value Home Make it your home or build your rental portfolio in Chattanooga's urban core! Located at 1500 E. 13th Street, this detached single-family residence offers three bedrooms, one full bath, and approximately 1,575 square feet. Featuring many updates and a desirable corner lot, the home will be available without an existing lease, providing flexibility for homeowners and investors alike. Parking behind the residence adds everyday convenience, while the location puts you near downtown Chattanooga, Highland Park, the Main Street district, UTC, and major medical centers. Enjoy easy access to local restaurants, breweries, shopping, and entertainment. For investors, the property's previous rent of $1,575 per month provides a historical reference when evaluating rental potential. For homeowners, this is an opportunity to enjoy an updated home on a corner lot in a convenient city location. Move in and make it your own, or establish a new lease to fit your investment goals.

3 Beds ⋅ 1 Baths ⋅ 1545651 MLS

1500 E 13th Street, Chattanooga

$998,000

Immediate income. Four leased townhomes. Newer construction with income growth potential. Located at 1502 E. 13th Street, this fully occupied Chattanooga investment offers four townhomes totaling approximately 4,880 square feet. Current listed rents generate $6,520 per month, or $78,240 in annual gross rental income, providing an established income stream with potential for rent adjustments as leases renew. Each townhome offers approximately 1,220 square feet. Most tenants are on one-year leases, while Unit 112 is leased month-to-month, offering near-term flexibility. Dedicated parking for each townhome, alley access, a rear-building sprinkler system, and underground stormwater management add to the property's appeal. Conveniently located near downtown Chattanooga, Highland Park, the Main Street district, UTC, and major medical centers, the property provides access to employment, dining, breweries, and entertainment. Hold all four townhomes for ongoing rental income, evaluate opportunities for rent growth as leases renew, or explore potential individual unit sales, subject to verification of separate ownership and applicable requirements. Four income-producing townhomes, an established tenant base, and future flexibility--all in Chattanooga's urban core.

8 Beds ⋅ 8 Baths ⋅ 1543721 MLS

1502 E 13th Street, Chattanooga

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