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1500 +1502 E 13th Street

Chattanooga, TN 37404
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Bed 11

Bed

Bath 9

Bath

SqFt6,455

Sqft

Acres0.30

Acre(Lot)

Immediate income. Five leased residences. Future flexibility. Located at 1500 & 1502 E. 13th Street, this fully occupied Chattanooga portfolio combines four townhomes and one detached single-family residence totaling approximately 6,455 square feet. Current rents generate $8,115 per month, or $97,140 in annual gross rental income. Each townhome offers approximately 1,220 square feet, while the detached residence includes approximately 1,575 square feet. Most tenants are on one-year leases, with Unit 112 leased month-to-month, providing an established income stream alongside near-term flexibility. Situated on a spacious corner lot with alley access, the property features dedicated parking for each townhome, additional parking behind the residence, a rear-building sprinkler system, and underground stormwater management. Newer townhome construction adds appeal for investors seeking a manageable residential portfolio. Conveniently located near downtown Chattanooga, Highland Park, the Main Street district, UTC, and major medical centers, the property offers access to employment, dining, breweries, and entertainment. Hold the portfolio for ongoing rental income, explore future rent adjustments as leases renew, or pursue potential individual unit sales, subject to verification of separate ownership and applicable requirements. An opportunity to acquire five income-producing residences in Chattanooga's urban core.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,295,000

AD Id : 91607876

MLS Id : 1543721

Beds : 11

Lot Size : 0.30 Acre

Living Area Size : 6,455 Sq. Ft

Year Built : 2022

County : Hamilton

Subdivision: Fort & Porter Addn

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Map

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Feature Features

  • Bedroom Information

    Total beds: 11

    Bathroom Information

    Total Baths: 9 Full Baths: 5 Half Baths: 3
  • Flooring Information

    Carpet, Hardwood, Vinyl
  • Roofing Information

    Shingle
  • Interior Features

    Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Recessed Lighting Roof: Shingle Appliances: Washer/Dryer Stacked, Washer/Dryer, Microwave, Free-Standing Electric Oven, Electric Water Heater, Electric Oven, Disposal, Dishwasher Laundry Features: Electric Dryer Hookup, In Hall, Laundry Closet Window Features: ENERGY STAR Qualified Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 2022 Building Area Total: 6455 Construction Materials: Block, Cement Siding, Wood Siding Patio And Porch Features: Covered, Front Porch Pool Features: None Private Pool: No
  • Exterior Features

    Exterior Features: Courtyard, Lighting

  • Lot Information

    Main Square Feet: 0.3 Acres Lot Size Acres: 0.3 Lot Size Square Feet: 13068 Lot Description: Back Yard, City Lot, Front Yard, Level

    Property Information

    Subdivision: Fort & Porter Addn Source Property Type: Residential Income MLS Area Minor: Chattanooga Property SubType: Multi Family Property Age: 4

  • Listing Price Information

    Listing Price: $1295000 Cash, Conventional

  • Tax Information

    Parcel Number: Tbd Tax Legal Desc: TBD

  • Parking Information

    Gravel, Off Street

    Garage Information

    Pets Allowed: Yes

  • School Information

    Elementary School: East Side Elementary
    Junior High School: Orchard Knob Middle
    Senior High School: Howard School of Academics & Tech
  • Utility Information

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

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
311 E View Drive, Chattanooga, TN, 37404 $550,000 4 5 3,216 1 Acre
1816 Dodds Avenue, Chattanooga, TN, 37404 $285,000 3 3 1,805 0.15 Acre
2111 Chamberlain Avenue, Chattanooga, TN, 37404 $369,900 5 3 2,243 0.15 Acre
549 S Crest Road, Chattanooga, TN, 37404 $949,000 5 5 3,217 0.25 Acre
2105 Kirby Avenue, Chattanooga, TN, 37404 $299,900 14 6 4,100 0.30 Acre
1511 S Greenwood Avenue, Chattanooga, TN, 37404 $399,900 8 4 2,936 0.18 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Chattanooga Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Information deemed reliable but not guaranteed. ByOwner does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 10/03/2026 @ 13:09

MLS: 1543721 LISTED BY: Grace Frank, Zach Taylor - Chattanooga 855-261-2233 SOURCE: Greater Chattanooga REALTORS

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