1511 S Greenwood Avenue
Chattanooga, TN 37404
8
Bed
4
Bath
2,936Sqft
0.18Acre(Lot)
Investment opportunity in Chattanooga's Southside featuring two duplexes with a total of four income-producing units. Located just off Main Street, the properties are positioned in one of Chattanooga's most active urban neighborhoods, with convenient access to Downtown and the restaurants, shops, entertainment, and businesses throughout the Southside. Each unit currently rents for $900 per month, providing a combined rental income of $3,600 per month, or $43,200 annually at current rents. With four separate units across two duplexes, the property offers an established income stream while giving an investor flexibility for future rental strategies and improvements. The combination of existing rental income and a location just off the Main Street corridor makes this an attractive oppor
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Basement: Crawl Space -
Flooring Information
Carpet, Vinyl -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Refrigerator, Free-Standing Electric Range, Electric Water Heater, Electric Oven Laundry Features: Electric Dryer Hookup, Main Level, Multiple Locations, Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric, Wall Unit(s)
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Building Information
Year Built: 1920 Building Area Total: 2936 Stories: 1 Patio And Porch Features: Porch Private Pool: No -
Exterior Features
Exterior Features: Private Yard
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Lot Information
Lot Dimensions: 38X100 Main Square Feet: 0.18 Acres Lot Size Acres: 0.18 Lot Size Square Feet: 7840.8 Lot Description: Rectangular LotProperty Information
Subdivision: Stone & Evans Source Property Type: Residential Income MLS Area Minor: Chattanooga Property SubType: Duplex Levels: One Property Age: 106
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Listing Price Information
Listing Price: $399900 Conventional, Special Funding
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Tax Information
Parcel Number: 146p L 003 Annual Tax: $4399.46 Tax Legal Desc: Pt Lts 17&18 Stone & Evans Pb6 Pg13 Res Used As Duplex & Pt Lts 17&18 Stone
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Parking Information
Gravel, Off Street
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School Information
Elementary School: Eastside ElementaryJunior High School: Orchard Knob MiddleSenior High School: Howard School of Academics & Tech -
Utility Information
Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected -
Location Information
WaterSource: Public
How much is this property worth?
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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 | 3,216 SqFt |
| 918 S Crest Road, Chattanooga, TN, 37404 | $350,000 | 4 | 3 | 2,178 | 2,178 SqFt |
| 2111 Chamberlain Avenue, Chattanooga, TN, 37404 | $369,900 | 5 | 3 | 2,243 | 2,243 SqFt |
| 520 S Holly Street, Chattanooga, TN, 37404 | $2,195,000 | 4 | 2 | 1,596 | 1,596 SqFt |
Similar Multifamily To 1511 S Greenwood Avenue
Nearby For Sale
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 08/04/2026 @ 17:02
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