Active

857 Wheeler Avenue

Chattanooga, TN 37406

$122,000 $514/Mo

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Overview

Bed

Bath

859

Sqft

0.17

Acre(Lot)

Description

*Package Deal Opportunity: Two Homes Right Next to Each Other for Less Than $250,000* Rare opportunity to purchase one or both of these neighboring investment properties at 857 and 859 Wheeler Ave. Priced at just $122,000 each, these homes offer investors, landlords, and value minded buyers an excellent opportunity in a convenient Chattanooga location. Both properties are currently tenant occupied with tenants in place for the next several months, providing immediate rental income potential for the next owner. Located just minutes from Erlanger Hospital, UTC, downtown Chattanooga, shopping, dining, and major employers, these homes are positioned in an area with strong rental demand. Both homes were extensively renovated by a previous owner prior to the current owner's purchase. Si nce acquiring the properties, the current owner has also completed crawl space encapsulations on both homes, providing added peace of mind and helping reduce future maintenance concerns. Whether you are looking to add to your rental portfolio, purchase your first investment property, or take advantage of the opportunity to own two homes side by side, this is a unique offering at an attractive price point. Opportunities like this are becoming harder to find. No showings will be permitted until an accepted contract is in place. Please do not disturb tenants.

Property Details

Property Type : Residential

Price : $122,000

AD Id : 84841104

MLS Id : 1536731

Beds : 2

Lot Size : 0.17 Acre

Living Area Size : 859

Year Built : 1947

County : Hamilton

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 2

Bathroom Information

Total Baths: 1 Full Baths: 1

Room Information

Rooms Total: 6 Has Basement: Yes Basement: Crawl Space
Flooring Information

Vinyl
Roofing Information

Shingle
Interior Features

Open Floorplan, Master Downstairs Roof: Shingle Appliances: Refrigerator, Electric Water Heater, Electric Range Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
Heating & Cooling

Heating: None Has Cooling: Yes Cooling: Window Unit(s)

Building Information

Year Built: 1947 Building Area Total: 859 Construction Materials: Brick, Other Patio And Porch Features: Porch Private Pool: No
Exterior Features

Exterior Features: Private Yard

Lot Information

Lot Dimensions: 50X146.75 Main Square Feet: 0.17 Acres Lot Size Acres: 0.17 Lot Size Square Feet: 7405.2 Lot Description: Level

Property Information

Subdivision: None Source Property Type: Residential MLS Area Minor: Chattanooga Property SubType: Single Family Residence Levels: One Property Age: 79

Listing Price Information

Listing Price: $122000 Cash, Conventional

Tax Information

Parcel Number: 146d F 007 Annual Tax: $683.11 Tax Legal Desc: Lt 6 Blk 3 Missionary Heights Pb 5 Pg 29

Parking Information

Driveway

School Information

Elementary School: Orchard Knob Elementary

Junior High School: Orchard Knob Middle

Senior High School: Brainerd High
Utility Information

Cable Available, Electricity Available, Phone Available, Sewer Connected
Location Information

Direction: 5726 Marlin Rd Chattanooga, TN 37411 Take Eastgate Loop to Brainerd Rd 2 min (0.5 mi) Follow Brainerd Rd to Glenwood Dr 8 min (3.3 mi) Continue on Glenwood Dr. Take E 3rd St and Derby St to Wheeler Ave 3 min (1.2 mi) 857 Wheeler Ave Chattanooga, TN 37406 WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
3907 Moss Road, Chattanooga, TN, 37406	$210,000	2	1	902	902 SqFt
3907 Moss Road, Chattanooga, TN, 37406	$210,000	2	1	902	902 SqFt
4147 Bonny Oaks Drive, Chattanooga, TN, 37406	$229,900	2	1	1,165	1,165 SqFt
2427 Leann Cir, Chattanooga, TN, 37406	$275,000	3	2	1,156	1,156 SqFt
3525 Garner Road #2, Chattanooga, TN, 37406	$284,900	1	1	640	640 SqFt
3525 Garner Road #3, Chattanooga, TN, 37406	$229,900	1	1	520	520 SqFt
3525 Garner Road #1, Chattanooga, TN, 37406	$309,900	2	2	815	815 SqFt
1610 Parkway Drive, Chattanooga, TN, 37406	$200,000	3	1	1,266	1,266 SqFt
1905 Tunnel Boulevard, Chattanooga, TN, 37406	$199,000	2	1	1,134	1,134 SqFt
4308 Pine Street, Chattanooga, TN, 37406	$368,000	3	3	1,556	1,556 SqFt

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ByOwner last updated this listing 06/14/2026 @ 12:59

MLS: 1536731 LISTED BY: Carter Roberson, RE/MAX Renaissance Realtors 423-756-5700 SOURCE: Greater Chattanooga REALTORS