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John Loveless
Affiliate Broker
REALTOR®, ABR, SFR, ePro
(423) 506-8614
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4623 Hodley Avenue, Chattanooga, TN 37410

$499,700
  • 4623 Hodley Avenue, Chattanooga, TN 37410 Main Photo

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Active
BEDS0 BATHS SQUARE FEET2,240 MLS#1532068
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSomerville Cottages NEIGHBORHOODChattanooga

Property Description

Live in one side. Lease the other. Build equity while generating income - and just minutes from downtown Chattanooga. Opportunities like this are incredibly rare: a brand-new 2-unit townhome that gives you the flexibility to house-hack, expand your portfolio, or secure a low-maintenance investment in one of the city's fastest-growing areas.Located in Somerville Cottages, a thoughtfully designed and steadily expanding community in South Chattanooga, this property is built for both smart investors and strategic homeowners. Whether you offset your mortgage by renting one unit or lease both for maximum return, the numbers make sense at this price point--and inventory like this is extremely limited.Each unit is appointed with quartz countertops, full appliance packages, luxury vinyl plank flooring throughout, high ceilings, and modern, cohesive design selections that attract quality tenants and support long-term durability. These are standard features, not upgrades--creating immediate value and consistent rental appeal. Clean layouts, natural light, and efficient floor plans make both sides equally desirable, giving you flexibility in how you position the asset.Unlike older duplexes that come with deferred maintenance and surprise expenses, this is brand-new construction delivered turn-key and backed by a 1/2/10 builder's warranty--offering peace of mind and predictable ownership costs from day one. For owner-occupants, it's a strategic way to step into real estate with built-in income. For investors, it's a rare chance to secure new multi-family at this price in a high-demand rental corridor with some of the most growth potential in all of Chattanooga.Positioned just minutes from downtown, Main Street, St. Elmo, Broad Street, Publix, and the new stadium, the location drives consistent demand without relying on speculation.

4623 Hodley Avenue | MLS# 1532068

This multi-family property located at 4623 Hodley Avenue, Chattanooga, TN 37410 is currently listed for sale with an asking price of $499,700. Search Chattanooga real estate on www.johnloveless.com today.

Upcoming Open Houses

Open House Saturday April 18th, 2:00pm - 4:00pm
Open House Sunday April 19th, 2:00pm - 4:00pm

Property Features

Property Type: Multi Unit - Multiple
Cooling: Electric
Fuel Type: Electric
Heating: Central, Electric

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.1
Square Footage: 1120
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.1
Square Footage: 1120

Feature Descriptions

Appliances: Disposal, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave
Association/Condo Fee: 100
Common Amenities: Other, Sidewalks
Days on Site: 10
Exterior: HardiPlank Type
Exterior Amenities: Lighting, Rain Gutters
Flooring: Luxury Vinyl
HOA Y/N: Yes
Interior Amenities: Breakfast Nook, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Parcel #: 0
Parking: Off Street, On Street, Paved, Parking Lot
Patio/Porch: Patio
Utilities: Electricity Connected, Underground Utilities, Water Connected

Local Schools

High School: Howard School of Academics & Tech
Middle School: Orchard Knob Middle
Elementary School: Donaldson Elementary

Listed By / Shown By

Listed By

Agency Name: Rogue Real Estate Company llc
Agency Phone: 423-715-0075

Shown By

Agent Name: John Loveless
Agent Phone: (423) 506-8614
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: CARMLS

Estimate Your Payment

Estimated Payment

$ 1,257.86 per month $1,112.12 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.75 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/18/2026. The listing information on this page last changed on 04/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/18/2026 4:59:31 AM EST) or CARMLS (last updated Sat 04/18/2026 3:35:19 AM EST) or RCAR MLS (last updated Sat 04/18/2026 2:07:09 AM EST) or East Tennessee REALTORS (last updated Sat 04/18/2026 12:24:44 AM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Agent License Information: Tennessee

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