6314 Fisk Avenue
Chattanooga, TN 37421
7
Bed
3
Bath
2,497Sqft
0.32Acre(Lot)
Welcome to 6314 Fisk Ave - a very rare opportunity to exceed the 1% rule! This recently renovated triplex features three separately metered units with an excellent rental history. When fully occupied just recently, gross rents totaled $3,261/month, exceeding the 1% rule with room to push rents even higher. This investment includes two 2-bedroom, 1-bathroom units just under 800 square feet each, as well as a spacious 3-bedroom, 1-bathroom unit offering approximately 1,000 square feet of living space. Here's where the flexibility comes in: Unit B was just freshly renovated and is vacant, and Unit A (currently rented at $1,376/month) will be vacant at closing and renovated to match Unit B's condition prior to Closing, as reflected in the photos. The seller intentionally created this setup
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 7Bathroom Information
Total Baths: 3 Full Baths: 3 -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Refrigerator, Range Hood, Oven, Electric Water Heater, Electric Range Laundry Features: In Kitchen -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1971 Building Area Total: 2497 Private Pool: No
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Lot Information
Lot Dimensions: 100X139.3 Main Square Feet: 0.32 Acres Lot Size Acres: 0.32 Lot Size Square Feet: 13930.01 Lot Description: LevelProperty Information
Subdivision: Washington Park Source Property Type: Residential Income MLS Area Minor: Chattanooga Property SubType: Triplex Property Age: 55
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Listing Price Information
Listing Price: $325000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 148g Q 016 Annual Tax: $6351.11 Tax Legal Desc: Lt 33,34 Blk A Second Unit Washingt On Park Pb14 Pg144
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Parking Information
Off Street
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School Information
Elementary School: Bess T. Shepherd ElementaryJunior High School: Tyner Middle AcademySenior High School: Tyner Academy -
Utility Information
Sewer Connected -
Location Information
Direction: HWY 153 N. EXIT AIRPORT RD. TURN RT ONTO AIRPORT RD. RT. ON MAHARRY LEFT ON FISK SIGN IN YARD WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Residential Income, Chattanooga, TN, 37421 | $450,000 | 6 | 6 | 2,800 | 2,800 SqFt |
| 6924 Standifer Gap Road, Chattanooga, TN, 37421 | $425,000 | 4 | 3 | 1,889 | 1,889 SqFt |
| 2836 Ohana Way, Chattanooga, TN, 37421 | $345,000 | 4 | 2 | 1,883 | 1,883 SqFt |
| 1422 Stratton Place Drive, Chattanooga, TN, 37421 | $439,900 | 5 | 6 | 2,700 | 2,700 SqFt |
| 6625 Vaden Drive, Chattanooga, TN, 37421 | $369,000 | 5 | 5 | 3,340 | 3,340 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 07/23/2026 @ 06:05
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