Chattanooga, TN 37406,1513&1511 Wheeler AVE
Chattanooga, TN 37406,1513&1511 Wheeler AVE
Chattanooga, TN 37406,1513&1511 Wheeler AVE
Chattanooga, TN 37406,1513&1511 Wheeler AVE
Chattanooga, TN 37406,1513&1511 Wheeler AVE
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$390,000

$240,000

62.5%
Est.Price: ?

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Est. payment /mo

1,623 SqFt


SOLD DATE : 12/05/2024

Key Details

Sold Price $390,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,623 sqft

Price per Sqft $240

Subdivision Arlington Hgts Addn

MLS Listing ID 1501375

Sold Date 12/05/24

Originating Board Greater Chattanooga REALTORS®

Year Built 1964

Lot Size 6,969 Sqft

Acres 0.16

Property Description

Discover this well-maintained, solid brick duplex. Situated in a centrally located neighborhood, this property is perfect for investors seeking steady rental income or homeowners looking to eventually live in one unit while renting the other. Each unit features 2 bedrooms and 1 bathroom. Each has its own utility meter. Both long time tenants have renewed leases until end of next August 2025.
Bonus Opportunity: Neighboring Duplex Also Available!
In addition to this fantastic income-producing property, the current owner also owns the duplex next door and is open to discussing the possibility of selling both properties together. This could be an incredible opportunity to expand your investment portfolio with two side-by-side duplexes. Inquire for more details!

Location

State TN

County Hamilton

Area 0.16

Interior

Heating Electric

Cooling Window Unit(s)

Fireplace No

Heat Source Electric

Exterior

Parking Features Assigned, Driveway

Garage Description Assigned, Driveway

Garage No

Building

Faces Continue onto Riverside Dr Turn right onto Wilcox Blvd Turn left onto Wheeler Ave

Story One

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Hardy Elementary

Middle Schools Orchard Knob Middle

High Schools Brainerd High

Others

Senior Community No

Tax ID 136m J 010

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

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Listed by Keller Williams Realty
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