BEDS0
BATHS
SQUARE FEET3,120
MLS#1532042
STATUSContingent
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONAlton Park Addn
NEIGHBORHOODChattanooga
Property Description
Turnkey income-producing duplex averaging $6,631/month in gross revenue. Built in 2023, this newer-construction townhome duplex offers two spacious 3BR/2.5BA units loaded with modern finishes: granite countertops, stainless appliances, large kitchen islands, LVP flooring, covered back decks, and 1-car garages.Unit 1 is stabilized on a 2-year lease at $2,500/month. Unit 2 is a high-performing furnished short-term vacation rental (STVR) generating over $4,100/month gross -- furnishings negotiable. Both units feature professionally landscaped, fenced backyard spaces and carry EPB Smart Build certification for energy efficiency. Can be delivered furnished for a true plug-and-play investment.Located minutes from Downtown Chattanooga, Southside, and St. Elmo -- one of the city's fastest-growing corridors. Whether you're a seasoned investor or house-hacker, this dual-income asset delivers immediate cash flow with long-term upside. Schedule your showing today.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Garage: 2 car attached
Lot Size: 0.14 Acres
Taxes: $5,513
Units
Unit Type 1:
Bedrooms: 3
Bathroom(s): 2.1
Rent: $4130.81
Square Footage: 1560
Unit Type 2:
Bedrooms: 3
Bathroom(s): 2.1
Rent: $2500.00
Square Footage: 1560
Feature Descriptions
Days on Site: 10
Exterior Amenities: Private Yard
Fireplace: Electric
Flooring: Luxury Vinyl
Laundry: Laundry Room
Lot Dimensions: 50X125
Parcel #: 167c H 035
Parking: Garage, Off Street, Paved
Local Schools
High School: Howard School of Academics & Tech
Middle School: Orchard Knob Middle
Elementary School: Calvin Donaldson Elementary
Listed By / Shown By
Listed By
Agency Name: REAL Broker
Agency Phone: 844-591-7325
Shown By
Agent Name: John Loveless
Agent Phone: (423) 506-8614
Agency Title: Crye-Leike Real Estate Services
Source: CARMLS
Estimate Your Payment
Estimated Payment
$ 1,932.00 per month $1,301.96 Principal & Interest $459.42 Property Tax $170.63 Homeowner's InsuranceChange Payment Information
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4514/ 4516 Oakland Avenue | MLS# 1532042
This multi-family property located at 4514/ 4516 Oakland Avenue, Chattanooga, TN 37410 is currently listed for sale with an asking price of $585,000. Search Chattanooga real estate on www.johnloveless.com today.