5041/5043 Shoals Lane Chattanooga, TN $ 240,000
5041/5043 Shoals Lane
$ 240,000
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5041/5043 Shoals Lane

Chattanooga, TN, 37416
$ 240,000
Baths0.0 Sq 1,843

Monthly Estimate*

$ 1,497

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Studio

Multi-Family Home for sale in Chattanooga, TN

for $240,000. This 1,843 square foot home was built on a lot size of 0.36.

This duplex is located in the highly sought after area of Hwy 58! Close to shopping, Volkswagen, Schools, Lake Chickamauga and also Booker T Washington and Harrison Bay State Parks. Rent for duplexes in the area are in the 1000-1200 range depending on updates. Both units are vacant so they are very easy to show and feature 2 bedroom 1 bath, recently painted and new floors. Consistently rented. Great rental history! Add this to your portfolio today! Property is being sold as-is.

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Multi-Family Active

Price

$ 240,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,226

Style

Lot Size

0.36

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1525288

Features
General
Sewer Septic Tank
Heating Central
Cooling Central Air
Possession Close Of Escrow
Roof Shingle
Appliances Refrigerator Free-Standing Refrigerator Free-Standing Electric Range Free-Standing Electric Oven Electric Water Heater Electric Range Electric Oven
Patio/Porch Features Front Porch
Architectural Style Other
Pool Features None
Construction Materials Brick
Year Built 1971
Tenant Pays All Utilities
Stories Count 1
Levels One
Property Subtype Duplex
Community Features None
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Lake Shoals
Garage Y/N N
Other Structures None
Status Active
Directions N Hickory Valley Rd Right on Harrison Pike Left on Shoals Property on right
High School Central High School
City Chattanooga
Senior Community Y/N N
Number Of Units Total 2
MLS Area Chattanooga
Lot Size Units Acres
Lot Size Square Feet 15681.6
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Harrison Elementary
Land Lease Y/N N
Tax Annual Amount 1226.14
Home Warranty Y/N N
Current Financing Conventional FHA VA
Middle/Junior High School Brown Middle
Property Condition Updated/Remodeled
Lease Renewal Y/N N
MLS Area Minor Chattanooga
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex
Standard Status Active
Occupancy Type Vacant
Legal Description LT 14 LAKE SHOALS SUB PB23 PG74
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Exterior
Exterior Amenities Private Yard
Fencing None
Parking Features Driveway
Lot Features Level Sloped
Water Source Public
Inclusions Appliances included in both units.
Lot Size Area 0.36
Foundation Details Slab
Spa N
Building Area Total 1843.0
Lot Dimensions 100X158.8
Lot Size Acres 0.36
Waterfront Y/N N
Other Equipment None
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Laminate
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Laundry Room
Total Baths 0
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Internal Only
Street Number 1 50415043
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* Excluded Features
List By
Keller Williams Realty

Broker

Jenlowry55@gmail.com

Email

Affordability Calculator

$1,599
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,497
Monthly Property Taxes
$102
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1547876 Elementary School
1547369 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
12/15/2025$240,000 Listed Price

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5041/5043 Shoals Lane, Chattanooga, TN, 37416 is a Multi-Family Home for sale at $240,000 with 1,843 sqft and a lot size of 0.36. 5041/5043 Shoals Lane is a studio with 0.0 baths. The property's zip code is 37416 which is in Chattanooga, TN