1511 S Greenwood Avenue, Chattanooga, TN 37404 (MLS # 1540013)

Price $399,900
Status Active
Beds 8
Baths 4 Baths
Home size 2,936 sqft
Lot Size 7,841 sqft
Days on Market 2

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.

Property Type(s):
Multi Family
Last Updated 8/3/2026 Tract Stone & Evans
Year Built 1920 Community Chattanooga
County Hamilton

SCHOOLS

Elementary School Eastside Elementary
Jr. High School Orchard Knob Middle
High School Howard School of Academics & Tech

Additional Details

AIR Electric, Wall Unit(s)
AIR CONDITIONING Yes
APPLIANCES Electric Oven, Electric Water Heater, Free-Standing Electric Range, Refrigerator
AREA Chattanooga
BASEMENT Crawl Space
EXTERIOR Private Yard
HEAT Electric
LOT 7841 sq ft
LOT DESCRIPTION Rectangular Lot
LOT DIMENSIONS 38X100
PARKING Gravel, Off Street
SEWER Public Sewer
STORIES 1
STYLE Duplex, Multi Family
SUBDIVISION Stone & Evans
TAXES 4399.46
UTILITIES Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
WATER Public

Location

 

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This site was last updated on 8/4/26 3:55 PM PDT

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