1511 S Greenwood Ave, Chattanooga, TN 37404

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List Price
$399,900
Status
ACTIVE
Days on Market
6
MLS#
3628739
Subtype
Residential Income
Year Built
1920
Living Area
2,936
Subdivision
Stone & Evans

Property Description

Investment opportunity in Chattanooga's Southside featuring two duplexes with a total of four income-producing units. Located just off Main Street, the properties are positioned in one of Chattanooga's most active urban neighborhoods, with convenient access to Downtown and the restaurants, shops, entertainment, and businesses throughout the Southside. Each unit currently rents for $900 per month, providing a combined rental income of $3,600 per month, or $43,200 annually at current rents. With four separate units across two duplexes, the property offers an established income stream while giving an investor flexibility for future rental strategies and improvements. The combination of existing rental income and a location just off the Main Street corridor makes this an attractive opportunity for an investor looking to add multifamily property in the Southside Chattanooga area. Owner/Agent.

Additional Information

Taxes
$4,399
Flooring
Carpet, Vinyl
Heating
Electric
Air Conditioning
Electric, Window/Wall
Stories
1
Levels
One
Roof
Other
Parking Features
Detached, Gravel
School District
Howard School Of Academics Technology
Elementary School
East Side Elementary School
Middle School
Orchard Knob Middle School
High School
Howard School Of Academics Technology

Courtesy of Greater Downtown Realty dba Keller Williams Realty

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

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