# 506 Hargraves Avenue, Chattanooga, TN 37411

> **TL;DR:** 4bd/3ba residential multi family, $255,000 ($185/sqft), built 1950, 1,378 sqft.
> A/C. Est. $1,105/mo. Listed 40 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $255,000 |
| Price/sqft | $185 |
| Bedrooms | 4 |
| Bathrooms | 3 full |
| Square Feet | 1,378 |
| Year Built | 1950 |
| Lot Size | 13,068 sqft (0.30 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 40 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,105 |
| **Total** | **$1,105** |

## Nearby Schools

- **Elementary:** Woodmore Elementary
- **Middle:** Dalewood Middle
- **High:** Brainerd High

## Key Amenities

- A/C

## Property Highlights

- Built in 1950
- 0.30 acre lot

## Description

### Agent Description
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)

## Location

- **Address:** 506 Hargraves Avenue, Chattanooga, TN 37411
- **County:** Hamilton
- **Neighborhood:** Shawnee Park
- **Coordinates:** 35.026859, -85.231461
- **Google Maps:** https://www.google.com/maps?q=35.026859,-85.231461

## Listing Agent

- **Name:** Candice Neal
- **Brokerage:** Real Estate Partners Chattanooga LLC
- **Phone:** 7062739176
- **Email:** Candice@Candicenealhomes.com

## Primary Photo

![506 Hargraves Avenue - Primary Photo](http://lh.rdcpix.com/f0e52108b31f6034e6123c4c1238bef2l-f3256957400r.jpg)

*18 total photos available on [listing page](https://www.propertysimple.com/listing/506-hargraves-avenue-chattanooga-tn-37411-1533085)*

---

**MLS#:** 1533085 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/506-hargraves-avenue-chattanooga-tn-37411-1533085)

---

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