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About This Home
This 4-bedroom, 3-bathroom residential multi family at 506 Hargraves Avenue in Chattanooga, TN is listed for $255,000 ($185 per sqft). Built in 1950, the home offers 1,378 sqft of living space on a 0.30 acres lot.
Fully occupied duplex generating $1,900/month in rental income. Each unit features 2 bedrooms, 1 bath, and washer/dryer hookups. Strong cash-flow potential with stable tenants already in place. Ideal opportunity for investors seeking immediate income-producing property in a growing Chattanooga market.
Property has been meticulously maintained with little to no deferred maintenance. Central HVAC installed 2019 as well as several new vinyl windows and new carpet in 2019. Property sits on a level lot on a quiet street with a shared fenced in back yard. Both sides are occupied at $950/month each with leases in place and long time tenants. *Do not disturb Tenants* *will show only w/ LOI or Bound Sale Agreement)
Key Features
- Built in 1950
- 0.30 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,364/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
506 Hargraves Avenue
Chattanooga, TN 37411
Shawnee Park
Features & Amenities
Interior Features
Property Details
Flooring
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 506 Hargraves Avenue is listed at $255,000 ($185/sqft). The estimated monthly payment is $1,105 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 0.30 acre lot. Interior Features: Ceiling Fan(s), Entrance Foyer, Pantry.
This property is listed by Candice Neal and can be reached at 7062739176 or Candice@Candicenealhomes.com.
