About This Home

This 4-bedroom, 2-bathroom single family at 4511 Balcomb Street in Chattanooga, TN is listed for $194,900 ($133 per sqft). Built in 1940, the home offers 1,470 sqft of living space on a 0.32 acres lot.

Key Features

  • Built in 1940
  • 0.32 acre lot

Property Details

1 story
2 full
1940

Amenities

HardwoodA/C
Listing Description

St. Elmo, and an investor special - both true at once, which is the opportunity. Here is the interesting part. This reads as a duplex that somebody converted into a single-family home, and taking it back looks like closing off one doorway. Two rentable doors in St.

Elmo is a different conversation than one, and most of that work appears to have been done already, in the wrong direction. It needs work regardless. It is a fixer and there is no point pretending otherwise - ceilings are open to the joists in places, floors are down to the boards - so come with a budget and a contractor rather than a paint roller.

What you are buying is the address and the footprint, in a neighborhood where people wait for something to come up. As a rental it takes care of itself. This is a part of town where tenants want to be and stay, close to the shops and restaurants on the avenue and the trailheads on the mountain behind it. Bring your own numbers. Sold as-is. Buyer to verify any conversion with the county.

Monthly Cost Estimate

$1,042/mo

20% down · 6.5% · 30 years

Principal$141
Interest$845
Insurance$57

Estimates only. Actual payments may vary.

Location

4511 Balcomb Street

Chattanooga, TN 37409

Features & Amenities

Interior Features

Tub/shower Combo

Property Details

Flooring

CarpetHardwood

Construction

Cement Siding

Outdoor Features

Porch

Parking

On Street

Cooling

Window Unit(s)

Questions & Answers

This 4-bedroom, 2-bathroom single family at 4511 Balcomb Street is listed at $194,900 ($133/sqft). The estimated monthly payment is $1,043 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.32 acre lot. Interior Features: Tub/shower Combo.

This property is listed by Michael Burge.

MB

Michael Burge

License TN346408

Agent at Southern Property Shop

Listed by Southern Property Shop · Broker phone: (423) 777-6453 · View on Broker Site · Broker website

MLS# 1542765· Source: Greater Chattanooga Association of REALTORS· 48 days on PropertySimple

Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4511 Balcomb Street, Chattanooga, TN 37409

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